Several Greek real estate investors plan to build an amusement park on a 30-hectare plot in Chiajna near the A1 highway, across the street from Carrefour Militari, with the first phase of the project expected to be finalized next year, romania-insider.com has learned.

US company Energiz Renewable has started a joint venture with Canadian company World Renewable Energy Group's local subsidiary (WREG) for several projects in Romania, pending on receiving government grants and finding private financing, romania-insider.com has learned. The company wants to built two solar panels factories in Romania, an investment of USD 64 million, according to Edward T. Whelan, head of Energiz Renewable, quoted by Romanian media.

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.

Romania made a new round of international headlines with two unfortunate events which happened yesterday. The maternity blast which killed four babies kept headlined across the world as the story unveiled yesterday evening and during the night.

Mercadia Holland, a company controlled by Romanian businessman Dinu Patriciu, has taken over discount retailer MiniMAX DISCOUNT, in a deal whose value was not revealed. The 31-unit network used to be controlled by Austrian Real4You and two individuals, Rainer Exel and Andreas Kampf.

Romanian car brand Dacia, which is now being produced by French Renault, is the subject of a recent photo story published by Time magazine. Under the headline “The Dacia, the Romanian car that could”, Time magazine goes through the history of Dacia, calling it a 'cult classic'. “The car's design remained basically unchanged for 35 years, outlasting both the Ceaucescus and their Soviet masters,” writes Time.

A Black Sea monitoring agency has found oil spills in the Bulgarian and Romanian shelf waters, in particular near port cities of Varna and Constanta. “The total area of identified oil slicks is more than ten square kilometers

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.

The Anonimul Film Festival, which will start on August 9 in Sfantu Gheorghe, in Delta Dunarii, will feature a movie which was included in the official competition in Cannes this year – Certified Copy, with Juliette Binoche playing the main character. (Trailer below) A second film, Temple Grandin, with 15 nominations at the Emmy Awards, will also be screened in the Anonimul Film festival (trailer below)

Several Greek real estate investors plan to build an amusement park on a 30-hectare plot in Chiajna near the A1 highway, across the street from Carrefour Militari, with the first phase of the project expected to be finalized next year, romania-insider.com has learned.

US company Energiz Renewable has started a joint venture with Canadian company World Renewable Energy Group's local subsidiary (WREG) for several projects in Romania, pending on receiving government grants and finding private financing, romania-insider.com has learned. The company wants to built two solar panels factories in Romania, an investment of USD 64 million, according to Edward T. Whelan, head of Energiz Renewable, quoted by Romanian media.

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.

Romania made a new round of international headlines with two unfortunate events which happened yesterday. The maternity blast which killed four babies kept headlined across the world as the story unveiled yesterday evening and during the night.

Mercadia Holland, a company controlled by Romanian businessman Dinu Patriciu, has taken over discount retailer MiniMAX DISCOUNT, in a deal whose value was not revealed. The 31-unit network used to be controlled by Austrian Real4You and two individuals, Rainer Exel and Andreas Kampf.

Romanian car brand Dacia, which is now being produced by French Renault, is the subject of a recent photo story published by Time magazine. Under the headline “The Dacia, the Romanian car that could”, Time magazine goes through the history of Dacia, calling it a 'cult classic'. “The car's design remained basically unchanged for 35 years, outlasting both the Ceaucescus and their Soviet masters,” writes Time.

A Black Sea monitoring agency has found oil spills in the Bulgarian and Romanian shelf waters, in particular near port cities of Varna and Constanta. “The total area of identified oil slicks is more than ten square kilometers

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.

The Anonimul Film Festival, which will start on August 9 in Sfantu Gheorghe, in Delta Dunarii, will feature a movie which was included in the official competition in Cannes this year – Certified Copy, with Juliette Binoche playing the main character. (Trailer below) A second film, Temple Grandin, with 15 nominations at the Emmy Awards, will also be screened in the Anonimul Film festival (trailer below)