Valvis Holding, a company owned by serial investor Jean Valvis, has invested EUR 12.5 million in technologies for the new mineral water brand Aqua Carpatica and expects it to reach a market share of 10 percent in the next two years

Artanu and Suedezu, the founding members of Partizan and Timpuri Noi bands, will perform a live show with Partizan, the Romanian band which re-started its series of concerts this summer. They will be on stage at the Fourteen Bar (14 Benjamin Franklin St.) on Friday, November 19, from 22,00 hours.

Gabriela Adamesteanu is one of the best known contemporary Romanian writers. Her books, written in a colorful and colloquial style, have been translated into more than 10 languages, turning her into a bestselling author.

The value of payments using foreign-issued cards to Romanian traders climbed to a record EUR 94 million, 25 percent above the previous quarter's level.

*How did entrepreneur Ioan Ciolan restructure the Ambient business, from EUR 20 mln loss – in Ziarul Financiar
*Airports with under a million passenger traffic a year need EUR 150 million to develop – in Ziarul Financiar
*Large stock market players invest millions of lei in Fondul Proprietatea – in Ziarul Financiar
*The Government sets up the Fiscal Police – in Ziarul Financiar

Oil and gas company OMV's Chief Executive Officer Wolfgang Ruttenstorfer (in picture) was charged with insider trading after buying shares in the company a week before a major divestment, according to Bloomberg.

If you're staying in Bucharest on Christmas and/or on New Year's Eve and you're not planning to throw a party in your own/a friend's house, there are a couple of options to spend some time out in the town during the winter holidays. We listed some of them for you: Christmas lunches & brunches, New Year's Eve parties – feel free to write us if you're hosting a party or know of one which you expect to rock! You could also check out other events taking place in Bucharest in December.

Romania's Finance Ministry will launch the first bond issue of its planned EUR 7 billion medium term notes (MTNs) program at the end of 2010 or early 2011, according to the government’s letter of intent that will be sent to the International Monetary Fund.

HR Specialists has received approval for two EU-funded projects worth a total of EUR 3 million which aim at creating facilities to help disabled people find jobs in Romania, Romania-Insider.com has learned. The first such project started in June and the second one in November and both should be active until 2013. For the first project, HR Specialists partners association Reninco, while for the second it partners NGO Apel.

Despite the crisis, Romanians started to travel by plane more often while travelers from other countries in the EU reduced the frequency of their flights. Still, Romanian travelers are below the EU level when it comes to the frequency of their flights. In Romania, in 2009, the number of flights per inhabitant was approximately 15 percent higher than in 2007, according to AT Kearney.

Valvis Holding, a company owned by serial investor Jean Valvis, has invested EUR 12.5 million in technologies for the new mineral water brand Aqua Carpatica and expects it to reach a market share of 10 percent in the next two years

Artanu and Suedezu, the founding members of Partizan and Timpuri Noi bands, will perform a live show with Partizan, the Romanian band which re-started its series of concerts this summer. They will be on stage at the Fourteen Bar (14 Benjamin Franklin St.) on Friday, November 19, from 22,00 hours.

Gabriela Adamesteanu is one of the best known contemporary Romanian writers. Her books, written in a colorful and colloquial style, have been translated into more than 10 languages, turning her into a bestselling author.

The value of payments using foreign-issued cards to Romanian traders climbed to a record EUR 94 million, 25 percent above the previous quarter's level.

*How did entrepreneur Ioan Ciolan restructure the Ambient business, from EUR 20 mln loss – in Ziarul Financiar
*Airports with under a million passenger traffic a year need EUR 150 million to develop – in Ziarul Financiar
*Large stock market players invest millions of lei in Fondul Proprietatea – in Ziarul Financiar
*The Government sets up the Fiscal Police – in Ziarul Financiar

Oil and gas company OMV's Chief Executive Officer Wolfgang Ruttenstorfer (in picture) was charged with insider trading after buying shares in the company a week before a major divestment, according to Bloomberg.

If you're staying in Bucharest on Christmas and/or on New Year's Eve and you're not planning to throw a party in your own/a friend's house, there are a couple of options to spend some time out in the town during the winter holidays. We listed some of them for you: Christmas lunches & brunches, New Year's Eve parties – feel free to write us if you're hosting a party or know of one which you expect to rock! You could also check out other events taking place in Bucharest in December.

Romania's Finance Ministry will launch the first bond issue of its planned EUR 7 billion medium term notes (MTNs) program at the end of 2010 or early 2011, according to the government’s letter of intent that will be sent to the International Monetary Fund.

HR Specialists has received approval for two EU-funded projects worth a total of EUR 3 million which aim at creating facilities to help disabled people find jobs in Romania, Romania-Insider.com has learned. The first such project started in June and the second one in November and both should be active until 2013. For the first project, HR Specialists partners association Reninco, while for the second it partners NGO Apel.

Despite the crisis, Romanians started to travel by plane more often while travelers from other countries in the EU reduced the frequency of their flights. Still, Romanian travelers are below the EU level when it comes to the frequency of their flights. In Romania, in 2009, the number of flights per inhabitant was approximately 15 percent higher than in 2007, according to AT Kearney.