Tudor Bercan is the new territory manager for the South Eastern Europe with Polycom. He has been promoted from the channel manager position. Bercan, who joined Polycom in April 2007, will now supervise the entire SEE business for Polycom.

Employees' union National Syndicate Block (BNS) plans to create information centers for foreign workers outside the EU who come to work in Romania, offering them advice about the labor legislation in the country, allowing them to sign up to unions and represent their interest in front of employers.

Over 1,000 Romanians have already cashed in private pensions worth a total of EUR 342,000, two years and a half from the start of the private pensions system, according to the Private Pensions Surveillance Commission system.

Romanian cinema has started to become well known abroad after numerous movies directed by Romanians and produced locally received awards at international film festivals. Romania-insider.com starts a series presenting must-see Romanian movies released after the fall of communism. This week we are looking at ten of the most recent Romanian movies you should not miss. (watch trailers below)

Mark Mobius, the head of emerging markets for Franklin Templeton, who is perceived worldwide as an investment guru, believes the greatest potential in Romania can come from privatizing companies in the energy sector. The transportation sector also appears to have important potential in the long term, as do postal services

Romania's trade deficit grew by 1.9 percent in the first eight months on the same period last year, to EUR 6.09 billion, with exports growing at a slightly higher pace than imports, according to data from the National Statistics Institute (INS).

Two Romanian movies, the feature length 'Tuesday after Christmas' and the short movie 'Lord' were awarded at the Francofon Film festival in Namur, Belgium last week. “Tuesday after Christmas', directed by Radu Muntean, got the ' Bayard d'Or du Meilleur film' award, while actor Mimi Branescu received the best actor award. 'Lord', a short movie directed by Adrian Sitaru, received the ' Bayard d'Or du Meilleur Court Métrage - Prix François-Bovesse' award.

As many as 33 million passengers traveled by train during the first six years of the year in Romania, according to the Transport and Infrastructure Minister. The passenger railway traffic is expected to drop this year, after last year 70 million passengers used Romanian Railways (CFR) trains across Romania.

*How did UTI increase its profit margin: layoffs, temporary salary cuts and lower rents – in Ziarul Financiar
*Real back to expansion plans: 2-3 stores a year – in Ziarul Financiar
*Tanasescu: A new two-year agreement with the IMF will be enough for Romania to strengthen its position – in Ziarul Financiar
*Bankers increase mortgage loan installment rate by 20% – in Ziarul Financiar
*Wine business, lower than in 2009 – in Gandul

An explosion occurred at the Petromidia refinery on Sunday afternoon, injuring three people who have suffered minor burns, according to the Territorial Labor Inspectorate . The explosion occurred after a pipe broke while the three workers were making pressure tests on a reactor. The refinery was shut down for revision, which is due to last until November 1st.

Calendar if events during the period October 11-14 in Bucharest

The Danube’s water will not be polluted when it enters Romania, following the ecological accident in Hungary, Romanian Water Management Authority (ANAR) representatives said on Saturday.