*Euribor exceeds 1% threshold after 15 months, same as BCE interest, sigh banks see recovery – in Ziarul Financiar
*Mittal brings EUR 23.5 million to share capital in Galati company – in Ziarul Financiar
*Imotrust, EUR 4.5 million financing for a residential project – in Ziarul Financiar
*La Caixa gives EUR 10.5 million loan for Laguna Residence project, developed by GEA 21– in Ziarul Financiar
*Romania, 4th place in the region on IT – in Ziarul Financiar

Real estate developer Alinso Group will build an inter-modal railway terminal in Ploiesti, connecting the Eastern and Western areas of Romania, a private investment of EUR 7 million. The terminal, called Euro Gate Terminal Ploiesti, will be ready in 2011. It will be built on 10 hectares of land and it will include three railway lines with a total length of 2,200 meters.

OMV Petrom's electric power plant will start production at the end of 2011 and is currently being built in Brazi, according to the European Bank for Reconstruction and Development (EBRD). The power plant in Brazi, north of Bucharest, will feature a gas turbine. When finalized, the power plant will provide up to 9 percent of the electricity produced in Romania.

Seven Romanian software companies have sent Romania on the fourth position in Deloitte's Central Europe Technology Fast 50 top, the company has announced. However, Romanian companies have registered a slower pace of growth than the region.

Titan, owned by Austrian Euromills, has finalized a EUR 15 million investment in its Bucharest factory which will produce rolls for McDonald's restaurants in Romania and Bulgaria. The investment was started a year ago and parts of the production will go to countries like Greece, Serbia and Macedonia as week.

Romania will export this year over two million tons of wheat and a similar quantity of corn, at prices per ton ranging from EUR 180 to EUR 240, Romanian Agriculture Minister Valeriu Tabara told newswire Mediafax. Data presented by the minister indicate Romania will export corn of over EUR 360 million and wheat of over EUR 420 million.

*Govt. proposes 12% flat tax and salary contribution to 41%. Is a budget possible on this data? - in Ziarul Financiar
*Will PSD and PNL manage to dismiss the Govt. under the pressure of the masses? - in Ziarul Financiar
*Titan invests EUR 15 mln in factory to produce hamburger rolls - in Ziarul Financiar
*Medcenter to put EUR 7 mln in Bucharest analysis lab - in Ziarul Financiar

Austrian company Bilfinger Berger Baugesellschaft has signed a EUR 12.6 million contract with the Romanian Roads Company CNADNR to revamp the Giurgeni and Agigea bridges. The Giurgeni bridge revamping contract, worth EUR 8.8 million (excluding VAT), is more than half covered by the European Bank for Reconstruction and Development (EBRD), the rest coming from the Romanian Government.

A delegation of the International Monetary Fund arrives in Romania Wednesday, October 20, to review the country’s progress under a EUR 13 billion loan agreement and discuss a new agreement, an IMF official told Mediafax newswire.

Oil and gas company Petrom has signed with Canadian company PetroSantander, which will undertake investments and perform services on behalf of Petrom in nine fields in the Arad area. This is the second such contract signed by Petrom, after recently partnering HuntOil in drilling in Eastern Romania. The partnership with PetroSantander will increase production by 50 percent in the fields in the next five years.

*Euribor exceeds 1% threshold after 15 months, same as BCE interest, sigh banks see recovery – in Ziarul Financiar
*Mittal brings EUR 23.5 million to share capital in Galati company – in Ziarul Financiar
*Imotrust, EUR 4.5 million financing for a residential project – in Ziarul Financiar
*La Caixa gives EUR 10.5 million loan for Laguna Residence project, developed by GEA 21– in Ziarul Financiar
*Romania, 4th place in the region on IT – in Ziarul Financiar

Real estate developer Alinso Group will build an inter-modal railway terminal in Ploiesti, connecting the Eastern and Western areas of Romania, a private investment of EUR 7 million. The terminal, called Euro Gate Terminal Ploiesti, will be ready in 2011. It will be built on 10 hectares of land and it will include three railway lines with a total length of 2,200 meters.

OMV Petrom's electric power plant will start production at the end of 2011 and is currently being built in Brazi, according to the European Bank for Reconstruction and Development (EBRD). The power plant in Brazi, north of Bucharest, will feature a gas turbine. When finalized, the power plant will provide up to 9 percent of the electricity produced in Romania.

Seven Romanian software companies have sent Romania on the fourth position in Deloitte's Central Europe Technology Fast 50 top, the company has announced. However, Romanian companies have registered a slower pace of growth than the region.

Titan, owned by Austrian Euromills, has finalized a EUR 15 million investment in its Bucharest factory which will produce rolls for McDonald's restaurants in Romania and Bulgaria. The investment was started a year ago and parts of the production will go to countries like Greece, Serbia and Macedonia as week.

Romania will export this year over two million tons of wheat and a similar quantity of corn, at prices per ton ranging from EUR 180 to EUR 240, Romanian Agriculture Minister Valeriu Tabara told newswire Mediafax. Data presented by the minister indicate Romania will export corn of over EUR 360 million and wheat of over EUR 420 million.

*Govt. proposes 12% flat tax and salary contribution to 41%. Is a budget possible on this data? - in Ziarul Financiar
*Will PSD and PNL manage to dismiss the Govt. under the pressure of the masses? - in Ziarul Financiar
*Titan invests EUR 15 mln in factory to produce hamburger rolls - in Ziarul Financiar
*Medcenter to put EUR 7 mln in Bucharest analysis lab - in Ziarul Financiar

Austrian company Bilfinger Berger Baugesellschaft has signed a EUR 12.6 million contract with the Romanian Roads Company CNADNR to revamp the Giurgeni and Agigea bridges. The Giurgeni bridge revamping contract, worth EUR 8.8 million (excluding VAT), is more than half covered by the European Bank for Reconstruction and Development (EBRD), the rest coming from the Romanian Government.

A delegation of the International Monetary Fund arrives in Romania Wednesday, October 20, to review the country’s progress under a EUR 13 billion loan agreement and discuss a new agreement, an IMF official told Mediafax newswire.

Oil and gas company Petrom has signed with Canadian company PetroSantander, which will undertake investments and perform services on behalf of Petrom in nine fields in the Arad area. This is the second such contract signed by Petrom, after recently partnering HuntOil in drilling in Eastern Romania. The partnership with PetroSantander will increase production by 50 percent in the fields in the next five years.