Romanian writer Filip Florian will hold a reading session and present his debut novel at the International Literature Festival in Edinburgh on Thursday, August 19, according to Polirom publishing house.

Ilie Nastase was the first famous Romanian tennis player. His colorful personality and the spectacular playing style earned him nicknames like "Nasty", or “Bucharest Buffoon”. In 1973, he made sports history when he was ranked as the world’s No.1 player in professional tennis.

Raiffeisen Bank posted a net profit of almost EUR 50 million in the first half of the year, the bank has announced. The bank's operational profit was of EUR 83.8 million – compared to EUR 106.2 million mid-2009. The net profit for the first half this year was close to the value reported after the first half of 2009 – EUR 52.7 million.

Local group of companies RTC Holding, owned by Romanian businessman Octavian Radu, posted a turnover of EUR 56 million in the first half of this year, down 12 percent on the same period of last year.

The Romanian Competition Council has applied a EUR 1.2 million fine to several private pensions administration companies which were accused in 2007 of having agreed to equally share the participants in two funds, although they were supposed to be allocated randomly.

The long – awaited iPhone 4 is now available for sale in Romania through two online stores, Pcfun.ro and eMag.ro.

Giuleşti maternity ward disaster reveals bankruptcy of healthcare system- in Ziarul Financiar, Competition levies 1.2m-euro fines on private pension market - in Ziarul Financiar, Octavian Radu's group sales dropped 12% in first half, down to EUR 56 million - in Ziarul Financiar, Domino's Pizza opens first delivery center in Bucharest; wants rapid expansion - in Ziarul Financiar

Romania ranks 39th in the top of 100 countries in the world published by US magazine Newsweek. The ranking takes into account education, health, quality of life, economic dynamism, and political environments in 100 countries in the world. Romania came one place behind Bulgaria and also behind most of the Eastern European countries.

The Romanian Finance Ministry is expected to select banks which will manage the sale of EUR 7 billion of Eurobonds by next month, according to market sources quoted by Bloomberg.

The Romanian authorities have answered to the recent espionage accusations and the banishment from Russia of a Romanian diplomat by declaring a Russia diplomat a 'persona non-grata' in exchange.

Romanian state-owned bank EximBank has received the authorization for its insurance company CARE in Romania, which will offer insurance for commercial loans on short term, as well as insurance for guarantees. The company expects a gross subscribed premiums volume of RON 2 million (around EUR 471,000) in the first year of activity.

Automotive distributor and service network Radacini Group, founded by Ali Madadi, has taken the master franchise to operate the pizza delivery Domino's Pizza in Romania, the company has officially announced. The company has opened the first store in the country and plans to expand with more units in Bucharest and beyond in the following years.