Several buildings in the old part of Bucharest, opposite the Romanian Central Bank (BNR) headquarters will be demolished...

Car maker Dacia sold 19,200 cars in Romania in the first half of this year, which has triggered a market share of 33.5 percent, the company has announced. Its market share went up by 3.5 percentage points compared to last year. The biggest export destinations for Dacia were France, with 64,000 units, Germany, with 17,000 and Italy, with 13,700.

French-owned bank BRD has granted EUR 250 million of mortgage loans under the First House program within the previous 12 months. BRD covered 28 percent of the total volume of loans granted by banks under this program since its start one year ago.

It takes 7 procedures and 11 days to establish a foreign-owned limited liability company (LLC or SRL) in Romania (Bucharest), slightly faster than the regional average for Europe and Central Asia but much faster than the IAB global average, according to a recent report published by the World Bank. This sends Romania on the second place, with an index of 89.5 out of 100 points. Slovakia got 92.1 points.

Snacks and chips producer Standard Snacks has entered insolvency at the request of Piraeus Leasing, to whom the snacks producer owes EUR 100,000. Standard Snacks' judiciary administrator is Casa de Insolventa Transilvania.

Romanian media, Meinl, Austrian coffee baron buys back Kandia at five times lower price – in Ziarul Financiar, Foreign banks have maintained their exposure to Romania – in Ziarul Financiar, Alexander Hergan steps down as Avrig 35 chief executive – in Ziarul Financiar, Romanians bet 150m euros on football games and tennis tournaments – in Ziarul Financiar, Finance Ministry goes back on decision to tax interests calculated before July 1 – in Ziarul Financiar,

Kraft Foods has sold Romanian soft cake and sugar confectionery business Cadbury's Kandia-Excelent to Oryxa Capital, an international investment fund, for an undisclosed sum. The sale includes Kandia-Excelent brands, such as Rom, Magura, Kandia, Laura, Sugus and Silvana, related trademarks and the manufacturing facility in Bucharest.

Romanian media: Morgan Stanley needs 10 years to exit Romcab - in Ziarul Financiar, Economic prospects worsen again: 3% decline in 2010 - in Ziarul Financiar, Dragne leaves Muşat law firm and takes several lawyers with him - in Ziarul Financiar, Year of tragedies: Romania struggles to keep afloat after six months of frost and floods - in Ziarul Financiar

Over 200 million euros worth of wind energy projects set to become operational - in Ziarul Financiar

Romania stayed within the budget deficit target agreed with the International Monetary Fund for the first quarter of the year, according to Bogdan Dragoi, state secretary within the Finance Ministry.

The country's budget dropped by 1.6 percent in the first five months of the year, to approximately EUR 14.7 billion.

The first nine foreign banks in Romania will meet the International Monetary Fund (IMF), the Romanian Central Bank (BNR) and the European Commission on July 22nd in Brussels to evaluate the agreement they have signed last year in Vienna, according to Mediafax newswire.

Several buildings in the old part of Bucharest, opposite the Romanian Central Bank (BNR) headquarters will be demolished...

Car maker Dacia sold 19,200 cars in Romania in the first half of this year, which has triggered a market share of 33.5 percent, the company has announced. Its market share went up by 3.5 percentage points compared to last year. The biggest export destinations for Dacia were France, with 64,000 units, Germany, with 17,000 and Italy, with 13,700.

French-owned bank BRD has granted EUR 250 million of mortgage loans under the First House program within the previous 12 months. BRD covered 28 percent of the total volume of loans granted by banks under this program since its start one year ago.

It takes 7 procedures and 11 days to establish a foreign-owned limited liability company (LLC or SRL) in Romania (Bucharest), slightly faster than the regional average for Europe and Central Asia but much faster than the IAB global average, according to a recent report published by the World Bank. This sends Romania on the second place, with an index of 89.5 out of 100 points. Slovakia got 92.1 points.

Snacks and chips producer Standard Snacks has entered insolvency at the request of Piraeus Leasing, to whom the snacks producer owes EUR 100,000. Standard Snacks' judiciary administrator is Casa de Insolventa Transilvania.

Romanian media, Meinl, Austrian coffee baron buys back Kandia at five times lower price – in Ziarul Financiar, Foreign banks have maintained their exposure to Romania – in Ziarul Financiar, Alexander Hergan steps down as Avrig 35 chief executive – in Ziarul Financiar, Romanians bet 150m euros on football games and tennis tournaments – in Ziarul Financiar, Finance Ministry goes back on decision to tax interests calculated before July 1 – in Ziarul Financiar,

Kraft Foods has sold Romanian soft cake and sugar confectionery business Cadbury's Kandia-Excelent to Oryxa Capital, an international investment fund, for an undisclosed sum. The sale includes Kandia-Excelent brands, such as Rom, Magura, Kandia, Laura, Sugus and Silvana, related trademarks and the manufacturing facility in Bucharest.

Romanian media: Morgan Stanley needs 10 years to exit Romcab - in Ziarul Financiar, Economic prospects worsen again: 3% decline in 2010 - in Ziarul Financiar, Dragne leaves Muşat law firm and takes several lawyers with him - in Ziarul Financiar, Year of tragedies: Romania struggles to keep afloat after six months of frost and floods - in Ziarul Financiar

Over 200 million euros worth of wind energy projects set to become operational - in Ziarul Financiar

Romania stayed within the budget deficit target agreed with the International Monetary Fund for the first quarter of the year, according to Bogdan Dragoi, state secretary within the Finance Ministry.

The country's budget dropped by 1.6 percent in the first five months of the year, to approximately EUR 14.7 billion.

The first nine foreign banks in Romania will meet the International Monetary Fund (IMF), the Romanian Central Bank (BNR) and the European Commission on July 22nd in Brussels to evaluate the agreement they have signed last year in Vienna, according to Mediafax newswire.