Austrian investment fund CA Immo, which has properties on the Romanian market, has acquired Europolis, another fund active locally, CA Immo has announced. The purchase price was of EUR 272 million, while the book property value of Europolis' assets is of EUR 1.5 billion.

First timers to the Romanian capital city should know that there are certain areas in Bucharest more

H&M enters in Unirii, Plaza and Mall – in Ziarul Financiar, Decathlon sells EUR 1 mln of sportswear each month – in Ziarul Financiar, Taxation on stocks changes in a week, but nobody knowns how changes will apply – in Ziarul Financiar, Dorin Boboc from Allianz leaves services for agriculture – in Ziarul Financiar

Romanians still prefer loans in foreign currencies – in Gandul

Movies this week-end: The Ghost Writer (Cinema Insider recommendation; see trailer), the A-Team, Les Herbes Folles

Events this week-end, June 25-27: National Ecologic Products Fair, Sanziene fair, Antique Fair. Concerts: Manowar, Volbeat, Accept, Paradise Lost, Orphaned Land, Gotan Project, Metallica, Slayer, Anthrax, Megadeth, Rammstein, Alice in Chains, Stone Sour, Anathema, Luna Amara, Massive Attack, Martina Topley-Bird

H&M fashion retailer will open the first store in Romania in 2011, according to a recent report

The Swiss Government has approved a EUR 130 million non-reimbursable loan for Romania, which will fuel investments in the environment, infrastructure and the promotion of the private sector in the next five years

The value of loans granted by banks to individuals and companies (the non-governmental loans) went up by 1.4 percent in May this year compared to the month before. The increase compared to May last year was of 2 percent. The governmental loans went up by as much as 60 percent in May this year compared to May last year.

French retailer Carrefour will open its fourth Carrefour Market supermarket in Bucharest tomorrow (Friday, June 25th) in Ghencea area of the city. The store covers 1,200 sqm and is located within Home & Design Mall. This is the second supermarket opening for Carrefour in Bucharest this week, after another store opened on Panduri street, a 700 sqm unit.

Jairaj Amin, the managing director of Deutsche Pfandbriefbank’s European syndication department, is understood to be leaving to work with Romanian billionaire entrepreneur Dinu Patriciu, according to a recent article run by propertyweek.com. “Amin is thought to be leaving to work with Romania’s richest man, the entrepreneur Dinu Patriciu. It is not clear yet what Amin’s role will be,” according to the publication.

Energy Financing Team (EFT) will supply energy to Stirom factory in Bucharest and the Lukoil refinery in Ploiesti, after having recently signed a contract with the two companies. Stirom has an annual consumption of 45GWh, while the Lukoil refinery, of 200GWh. EFT has also recently signed an energy supplying contract with cement producer Holcim for all its factories in Romania.

„Welcome to Romania!” or – better said - „Bun venit în România!” You like our town