Market analysis company Cegedim Romania has taken over the pharma software company Pharmec Healthcare Software, from the Pluriva group, controlled by Romanian investors the Tudorache family.

Romania’s electricity and gas prices will go up between 2013 and 2015, since the Government will eliminate regulated prices, in compliance with requests by the International Monetary Fund, Romanian Prime Minister Emil Boc said Monday.

Romania's Central Bank BNR revised upward its forecast on the annual inflation to 3.6 percent at the end of 2011, from 3.4 percent previously, Romanian Central Bank governor Mugur Isarescu (in picture) said Monday. For 2012, the bank forecasts an annual rate of 3.2 percent, Isarescu said at the presentation of the quarterly inflation report.

Romania's industrial output went up by 12 percent last year, mostly due to growth in the manufacturing industry, according to data from the National Statistics Institute. The mining industry took a nosedive of 5.3 percent last year on 2009.

IT&C distribution company Asesoft Distribution posted a turnover of EUR 145 million in 2010 and hopes it will reach EUR 165 million in 2011, the company has announced. Last year's results reflected a 45 percent increase on the previous year. The company thus targets a 14 percent turnover increase on an IT&C distribution market which is expected to grow by 10 percent.

Romania’s three opposition parliamentary parties on Saturday signed a protocol forming the Social-Liberal Union, a political alliance of liberals, conservatives and social democrats.

Romania will not draw the last installment of its loan from the International Monetary Fund, of EUR 1 billion, and will use only the disbursement from the European Union, Romanian president Traian Basescu said on Sunday evening.

Lufthansa German Airlines carried 615,000 passengers in and out Romania last year, a 10 percent higher passenger volume compared to 2009, according to Stefan Versemann, the company's manager for Romania and the Republic of Moldova.

The World Bank will offer Romania EUR 750 million for healthcare and social assistance programs, as well as deliver the third and last loan installment, of EUR 400 million, which should cover development policies.

Swedish retailer H&M will open the first store in Bucharest on March 25 in AFI Palace Cotroceni shopping center. The store will be located on two floors in the shopping center. The retailer plans to open six stores in the first half of 2011.

Market analysis company Cegedim Romania has taken over the pharma software company Pharmec Healthcare Software, from the Pluriva group, controlled by Romanian investors the Tudorache family.

Romania’s electricity and gas prices will go up between 2013 and 2015, since the Government will eliminate regulated prices, in compliance with requests by the International Monetary Fund, Romanian Prime Minister Emil Boc said Monday.

Romania's Central Bank BNR revised upward its forecast on the annual inflation to 3.6 percent at the end of 2011, from 3.4 percent previously, Romanian Central Bank governor Mugur Isarescu (in picture) said Monday. For 2012, the bank forecasts an annual rate of 3.2 percent, Isarescu said at the presentation of the quarterly inflation report.

Romania's industrial output went up by 12 percent last year, mostly due to growth in the manufacturing industry, according to data from the National Statistics Institute. The mining industry took a nosedive of 5.3 percent last year on 2009.

IT&C distribution company Asesoft Distribution posted a turnover of EUR 145 million in 2010 and hopes it will reach EUR 165 million in 2011, the company has announced. Last year's results reflected a 45 percent increase on the previous year. The company thus targets a 14 percent turnover increase on an IT&C distribution market which is expected to grow by 10 percent.

Romania’s three opposition parliamentary parties on Saturday signed a protocol forming the Social-Liberal Union, a political alliance of liberals, conservatives and social democrats.

Romania will not draw the last installment of its loan from the International Monetary Fund, of EUR 1 billion, and will use only the disbursement from the European Union, Romanian president Traian Basescu said on Sunday evening.

Lufthansa German Airlines carried 615,000 passengers in and out Romania last year, a 10 percent higher passenger volume compared to 2009, according to Stefan Versemann, the company's manager for Romania and the Republic of Moldova.

The World Bank will offer Romania EUR 750 million for healthcare and social assistance programs, as well as deliver the third and last loan installment, of EUR 400 million, which should cover development policies.

Swedish retailer H&M will open the first store in Bucharest on March 25 in AFI Palace Cotroceni shopping center. The store will be located on two floors in the shopping center. The retailer plans to open six stores in the first half of 2011.