Coca Coca Hellenic's sales volumes in Romania declined by low-double digit percentage points in the second quarter of the year, reflecting the continued challenging economic environment, earlier timing of Easter this year and the effect of severe flooding in the southern and eastern regions of the country.

Romania will use an integrated information system in its health sector, which includes the introduction of a health card, the electronic chart and the electronic prescription, which it hopes to introduce by the end of next year. This could save the country some EUR 300 million, according to Prime Minister Emil Boc.

Romania businessman Dinu Patriciu, who has met the International Monetary Fund delegation yesterday, said the IMF representatives live in a theoretical world, without knowing anything about the Romanian economy. The Romanian authorities should find a quick solutions, as others have found before, to send the IMF home

Dairy producer Danone Romania saw its sales increase by over 10 percent in Romania in the first half of the year, according to Ziarul Financiar, quoting information from the company. The company has a market share of 60 percent in Romania and posted a turnover of EUR 102 million last year. Last year, its net profit went down compared to a year before, reaching around EUR 6.4 million.

Romanian media, Finance Ministry raises EUR 1.2 billion from banks, 3 times more than planned – in Ziarul Financiar, Banca Transilvania, EUR 4 million profit in Q2 – in Ziarul Financiar, A new term for Property Fund listing: January 2011 – in Ziarul Financiar, Romtelecom launches its own sports TV channel – in Ziarul Financiar, Avon sells 45m euros' worth of cosmetics in rural areas – in Ziarul Financiar, Tarom flies high again after EUR 50 million losses of 2009: 30% growth in H1 – in Ziarul Financiar

The Finance Ministry sold EUR 1.2 billion of state titles today, three times more than it was planning. The average yield a year for these certificates is of 4.9 percent a year. The demand for the state titles was even higher – of EUR 1.37 billion. The state titles have a one-year maturity.

Local lender BRD has opened a EUR 50 million credit line from the European Bank for Reconstruction and Development (EBRD), which it intends to use to offer loans for small and medium enterprises.

Almost a quarter of Romanians pay they bills using automated payment machines, which is double the European average, found a study by Intella Information. However, most Romanians still prefer to receive the paper bills – only eight percent of those included in the study said they chose electronic bills.

Romania is one of the Eastern European markets which looks the most interesting, according to Mark Mobius, the emerging market guru with Templeton Asset Management, in a recent interview published by the Time magazine. But the country comes after Russia, Turkey and Poland.

Rominserv, a company in the Rompetrol group, has signed an agreement with Portuguese Prio SGPS to build four vegetable oil tanks, with an investment estimated at USD 2.1 million, Rompetrol has announced. The tanks are part of the vegetable oil extraction plant in Lehliu.

Coca Coca Hellenic's sales volumes in Romania declined by low-double digit percentage points in the second quarter of the year, reflecting the continued challenging economic environment, earlier timing of Easter this year and the effect of severe flooding in the southern and eastern regions of the country.

Romania will use an integrated information system in its health sector, which includes the introduction of a health card, the electronic chart and the electronic prescription, which it hopes to introduce by the end of next year. This could save the country some EUR 300 million, according to Prime Minister Emil Boc.

Romania businessman Dinu Patriciu, who has met the International Monetary Fund delegation yesterday, said the IMF representatives live in a theoretical world, without knowing anything about the Romanian economy. The Romanian authorities should find a quick solutions, as others have found before, to send the IMF home

Dairy producer Danone Romania saw its sales increase by over 10 percent in Romania in the first half of the year, according to Ziarul Financiar, quoting information from the company. The company has a market share of 60 percent in Romania and posted a turnover of EUR 102 million last year. Last year, its net profit went down compared to a year before, reaching around EUR 6.4 million.

Romanian media, Finance Ministry raises EUR 1.2 billion from banks, 3 times more than planned – in Ziarul Financiar, Banca Transilvania, EUR 4 million profit in Q2 – in Ziarul Financiar, A new term for Property Fund listing: January 2011 – in Ziarul Financiar, Romtelecom launches its own sports TV channel – in Ziarul Financiar, Avon sells 45m euros' worth of cosmetics in rural areas – in Ziarul Financiar, Tarom flies high again after EUR 50 million losses of 2009: 30% growth in H1 – in Ziarul Financiar

The Finance Ministry sold EUR 1.2 billion of state titles today, three times more than it was planning. The average yield a year for these certificates is of 4.9 percent a year. The demand for the state titles was even higher – of EUR 1.37 billion. The state titles have a one-year maturity.

Local lender BRD has opened a EUR 50 million credit line from the European Bank for Reconstruction and Development (EBRD), which it intends to use to offer loans for small and medium enterprises.

Almost a quarter of Romanians pay they bills using automated payment machines, which is double the European average, found a study by Intella Information. However, most Romanians still prefer to receive the paper bills – only eight percent of those included in the study said they chose electronic bills.

Romania is one of the Eastern European markets which looks the most interesting, according to Mark Mobius, the emerging market guru with Templeton Asset Management, in a recent interview published by the Time magazine. But the country comes after Russia, Turkey and Poland.

Rominserv, a company in the Rompetrol group, has signed an agreement with Portuguese Prio SGPS to build four vegetable oil tanks, with an investment estimated at USD 2.1 million, Rompetrol has announced. The tanks are part of the vegetable oil extraction plant in Lehliu.