UniCredit Tiriac Bank posted a net profit of EUR 36 million in the first half of this year, down 18 percent on the same period of 2009, the bank has announced.

The bank's total revenues were of EUR 158.4 million, up 10 percent.

German media group Waz, which has recently said it would exit from several markets in the Balkans area, Romania included, was disappointed by the region, according to a statement made by its president Bodo Hombach, for Deutsche Welle.

The Bucharest-based subsidiary of Gazprom Marketing & Trading Limited has recently received the approval to supply natural gas in Romania. The license issued by the Romanian Energy Regulatory Authority (ANRE) is valid for one year.

US violinist Mat Maneri will play in Bucharest this Sunday, August 7, at the Green Hours club in Bucharest. The Grammy-nominated violinist will play alongside Romanian pianist Lucian Ban.

Local construction materials producer AdePlast increased its turnover by 25 percent in the first half of the year compared to the same period of last year, to EUR 13.7 million, the company has announced.

Over 86 percent of Romanians would leave to work abroad, should they have the opportunity, founds a recent study carried on by the recruitment website myjob.ro. Half of the respondents in the study would leave the country to get a job for which they are already qualified, while an extra 25 percent said they would leave the country at any time.

Cable company UPC Romania posted a one percent increase in its revenues in the second quarter of this year, compared to the same period of last year. However, the company's subscribers dropped in number – down 3.1 percent. The company has lost analog cable customers due to the difficult market conditions, as well as to the promotion of digital and high definition TV services.

BCR has recently issued bonds worth EUR 3 million on the Luxembourg market. The bonds come with an eight-year timeline and a zero coupon.

Low cost airline Blue Air will cancel three flights from Arad, Cluj – Napoca and Timisoara to Bucharest and return from August 10, due to the low demand on these routes, according to company representatives quoted by Mediafax newswire.

The International Monetary Fund was content with the results of discussions in Bucharest, as part of the review mission which should end today, according to the head of the mission, Jeffrey Franks.

OMV Petrom's net income stood at around EUR 358 million (RON 1.52 billion) in the first half of the year, which is more than four times the profit it made during the same interval last year and almost double the net profit for the entire 2009.

Italian group UniCredit posted a gross profit of EUR 42 million in the first half of the year in Romania, down 15.5 percent compared to the same period of last year, according to the group's financial results.