Romanian state-owned companies Avioane Craiova, IOR, Mangalia Shipyard, Cuprumin and Moldomin will be privatized, according to the Economy Minister Adriean Videanu. This is not the first attempt to privatize these companies, which were already on the list of state participations which will be sold on the stock market.

Online retailer eMag.ro has sold over 240 products which were mistakenly discounted by more than ten times, due to a website technical error, the company's manager Radu Apostolescu wrote on the firm's website. The mistake has a cost of around RON 132,000 (the equivalent of around EUR 31,000) for eMag.ro, which has decided to validate the sales even so.

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

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.

Telecom operator Orange saw its revenues decline by 8.8 percent in the first half of this year, to EUR 484 million, according to Mediafax quoting a company report. The second quarter of the year however brought an improvement on the Romanian market.

Telecom operator Vodafone has signed agreements with advertising sales companies to sell targeted advertising on the mobile versions of websites, introducing a new feature, based on each user's profile characteristics, Vodafone has announced. The mobile advertising service, which is called AdPlus, uses several profile criteria, such as the potential revenues, age, sex, location or the type of mobile phone used to view a certain website.

Carmaker Automobile Dacia has delivered a car fleet made of 46 Duster cars to telecom operator Orange Romania. The car fleet will be used by Orange's technical department for its telecom network repairing and for rapid interventions.

The owner of Cotroceni Park mall in Bucharest, AFI Europe, has signed the leasing contract with fashion retailer H&M, which should open the first store in Romania within Cotroceni Park in spring next year.

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

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.

Romanian state-owned companies Avioane Craiova, IOR, Mangalia Shipyard, Cuprumin and Moldomin will be privatized, according to the Economy Minister Adriean Videanu. This is not the first attempt to privatize these companies, which were already on the list of state participations which will be sold on the stock market.

Online retailer eMag.ro has sold over 240 products which were mistakenly discounted by more than ten times, due to a website technical error, the company's manager Radu Apostolescu wrote on the firm's website. The mistake has a cost of around RON 132,000 (the equivalent of around EUR 31,000) for eMag.ro, which has decided to validate the sales even so.

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

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.

Telecom operator Orange saw its revenues decline by 8.8 percent in the first half of this year, to EUR 484 million, according to Mediafax quoting a company report. The second quarter of the year however brought an improvement on the Romanian market.

Telecom operator Vodafone has signed agreements with advertising sales companies to sell targeted advertising on the mobile versions of websites, introducing a new feature, based on each user's profile characteristics, Vodafone has announced. The mobile advertising service, which is called AdPlus, uses several profile criteria, such as the potential revenues, age, sex, location or the type of mobile phone used to view a certain website.

Carmaker Automobile Dacia has delivered a car fleet made of 46 Duster cars to telecom operator Orange Romania. The car fleet will be used by Orange's technical department for its telecom network repairing and for rapid interventions.

The owner of Cotroceni Park mall in Bucharest, AFI Europe, has signed the leasing contract with fashion retailer H&M, which should open the first store in Romania within Cotroceni Park in spring next year.

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

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.