Real estate developers Real4You Immobilien and Oasis Development have invested EUR 7 million in a 4,300 sqm shopping center in Giurgiu called Family Center. The project is anchored by a Kaufland supermarket, on 5,500 sqm, which was finalized in March this year.

Real estate developer K&S Developments, owned by investors Kris Carton and Steven Van Den Bossche, will open the Electroputere Parc shopping center in Craiova in the second half of next year. The shopping center will feature an Auchan unit, the French retailer has announced. The new shopping center will be built on 12 hectares of land on the Electroputere Craiova industrial platform, owned by Al Arrab.

Local company Remarul 16 Februarie, based in Cluj – Napoca, has signed an agreement with Bombardier Transportation to produce trains of high capacity in Romania. Remarul 16 Februarie will hold the exclusivity in producing and selling AGC trains in six countries in South – Eastern Europe- Romania, Greece, Bulgaria, Croatia, Serbia and Montenegro.

Local transport company edy International Spedition posted EUR 49 million in revenues for the first nine months of the year, up 25 percent on the same period last year. This is above the market increase level and was triggered by the increase in volumes and by the optimization measures taken by the company, according to edy International Spedition.

Six consortia have been pre-selected for the construction of the Drumul Taberei – Hasdeu metro line and four of them submitted final offers. The winning consortium will be chosen in the first part of 2011, according to Bucharest metro company Metrorex

*Record unemployment among University graduates: 53,000 graduates can't find jobs – in Ziarul Financiar
*How does Microsoft Romania keep its employees: salaries above average, premium cars and subscriptions to massage sessions – in Ziarul Financiar
*Nestor: Lawyers' fees have dropped by 40%. From the gray area there are kamikaze offers which make it hard to compete – in Ziarul Financiar
*Vodafone revenues down 12% to EUR 425 million, due to recession and drop in tarriffs – in Ziarul Financiar
*Smaller damages made room for EUR 26 million profit for VIG – in Ziarul Financiar

Half of the lenders in Romania posted a profit in the first three quarters of this year but the banking system recorded an overall loss of EUR 110 million, according to Florin Georgescu, first deputy governor of the Romanian Central Bank (BNR), quoted by Agerpres newswire.

Oil and gas company OMV Petrom posted a net loss of EUR 23.3 million in the third quarter of the year. However, the company managed to post a profit of EUR 332 million for the first nine months of the year, which was up 44 percent compared to the same period of last year.

Insurer Allianz- Tiriac posted a volume of EUR 175 million gross subscribed premiums in Romania for the first nine months of the year, which was down 17.8 percent on the same period last year.

UniCredit Ţiriac Bank posted a net profit of EUR 52 million in the first nine months of the year, down 15 percent on the same period last year. The bank's revenues were however up 15 percent, to around EUR 239 million, while its expenses grew by only 1 percent.

Real estate developers Real4You Immobilien and Oasis Development have invested EUR 7 million in a 4,300 sqm shopping center in Giurgiu called Family Center. The project is anchored by a Kaufland supermarket, on 5,500 sqm, which was finalized in March this year.

Real estate developer K&S Developments, owned by investors Kris Carton and Steven Van Den Bossche, will open the Electroputere Parc shopping center in Craiova in the second half of next year. The shopping center will feature an Auchan unit, the French retailer has announced. The new shopping center will be built on 12 hectares of land on the Electroputere Craiova industrial platform, owned by Al Arrab.

Local company Remarul 16 Februarie, based in Cluj – Napoca, has signed an agreement with Bombardier Transportation to produce trains of high capacity in Romania. Remarul 16 Februarie will hold the exclusivity in producing and selling AGC trains in six countries in South – Eastern Europe- Romania, Greece, Bulgaria, Croatia, Serbia and Montenegro.

Local transport company edy International Spedition posted EUR 49 million in revenues for the first nine months of the year, up 25 percent on the same period last year. This is above the market increase level and was triggered by the increase in volumes and by the optimization measures taken by the company, according to edy International Spedition.

Six consortia have been pre-selected for the construction of the Drumul Taberei – Hasdeu metro line and four of them submitted final offers. The winning consortium will be chosen in the first part of 2011, according to Bucharest metro company Metrorex

*Record unemployment among University graduates: 53,000 graduates can't find jobs – in Ziarul Financiar
*How does Microsoft Romania keep its employees: salaries above average, premium cars and subscriptions to massage sessions – in Ziarul Financiar
*Nestor: Lawyers' fees have dropped by 40%. From the gray area there are kamikaze offers which make it hard to compete – in Ziarul Financiar
*Vodafone revenues down 12% to EUR 425 million, due to recession and drop in tarriffs – in Ziarul Financiar
*Smaller damages made room for EUR 26 million profit for VIG – in Ziarul Financiar

Half of the lenders in Romania posted a profit in the first three quarters of this year but the banking system recorded an overall loss of EUR 110 million, according to Florin Georgescu, first deputy governor of the Romanian Central Bank (BNR), quoted by Agerpres newswire.

Oil and gas company OMV Petrom posted a net loss of EUR 23.3 million in the third quarter of the year. However, the company managed to post a profit of EUR 332 million for the first nine months of the year, which was up 44 percent compared to the same period of last year.

Insurer Allianz- Tiriac posted a volume of EUR 175 million gross subscribed premiums in Romania for the first nine months of the year, which was down 17.8 percent on the same period last year.

UniCredit Ţiriac Bank posted a net profit of EUR 52 million in the first nine months of the year, down 15 percent on the same period last year. The bank's revenues were however up 15 percent, to around EUR 239 million, while its expenses grew by only 1 percent.