Local transport company edy International Spedition posted EUR 49 million in revenues for the first nine months of the year, up 25 percent on the same period last year. This is above the market increase level and was triggered by the increase in volumes and by the optimization measures taken by the company, according to edy International Spedition.

Real estate developers Real4You Immobilien and Oasis Development have invested EUR 7 million in a 4,300 sqm shopping center in Giurgiu called Family Center. The project is anchored by a Kaufland supermarket, on 5,500 sqm, which was finalized in March this year.

Severina Pascu is the new CEO of telecom company UPC Romania, having been promoted from the chief financial officer position, according to Ziarul Financiar, quoting sources in the company.

Health care company A&D Pharma posted sales of EUR 482.2 million in the first nine months of this year, an increase of 32 percent compared to the same period of last year. The amount includes the EUR 16.7 million Q3 revenue from newly acquired Marketing & Sales operations outside of Romania.

Local company Remarul 16 Februarie, based in Cluj – Napoca, has signed an agreement with Bombardier Transportation to produce trains of high capacity in Romania. Remarul 16 Februarie will hold the exclusivity in producing and selling AGC trains in six countries in South – Eastern Europe- Romania, Greece, Bulgaria, Croatia, Serbia and Montenegro.

*BNR about the idea of adding supplementary tax for banks: we will respect the European decision – in Ziarul Financiar
*Unpleasant surprise for Petrom in the third quarter: strong RON and Kazakhstan have taken the company on the loss side – in Ziarul Financiar
*UniCredit's strategy is to increase lending and stop expenses – in Ziarul Financiar
*The Romanian – German Chamber of Commerce proposes a commercial arbitrage court for companies – in Ziarul Financiar
*Cheaper insurance policies brought a drop of business for Allianz – in Ziarul Financiar

The heart of Romania, Sibiu or “Hermannstadt” in German and “Nagyszeben” in Hungarian, is one of the most important Romanian cultural centers. Ranked as “Europe’s 8th most idyllic place to live in”, it was also the “European Capital of Culture” in 2007, alongside with Luxembourg.

Calea Victoriei Foundation, City Compass and Artmark organize a workshop about great Romanian women on November 13 at the Artmark Gallery (18 Logofat Luca Stroici St. MAP ) starting 11,00 hours. The conference will be held by Silvia Timofte.

Six consortia have been pre-selected for the construction of the Drumul Taberei – Hasdeu metro line and four of them submitted final offers. The winning consortium will be chosen in the first part of 2011, according to Bucharest metro company Metrorex

Insurer Allianz- Tiriac posted a volume of EUR 175 million gross subscribed premiums in Romania for the first nine months of the year, which was down 17.8 percent on the same period last year.

Local transport company edy International Spedition posted EUR 49 million in revenues for the first nine months of the year, up 25 percent on the same period last year. This is above the market increase level and was triggered by the increase in volumes and by the optimization measures taken by the company, according to edy International Spedition.

Real estate developers Real4You Immobilien and Oasis Development have invested EUR 7 million in a 4,300 sqm shopping center in Giurgiu called Family Center. The project is anchored by a Kaufland supermarket, on 5,500 sqm, which was finalized in March this year.

Severina Pascu is the new CEO of telecom company UPC Romania, having been promoted from the chief financial officer position, according to Ziarul Financiar, quoting sources in the company.

Health care company A&D Pharma posted sales of EUR 482.2 million in the first nine months of this year, an increase of 32 percent compared to the same period of last year. The amount includes the EUR 16.7 million Q3 revenue from newly acquired Marketing & Sales operations outside of Romania.

Local company Remarul 16 Februarie, based in Cluj – Napoca, has signed an agreement with Bombardier Transportation to produce trains of high capacity in Romania. Remarul 16 Februarie will hold the exclusivity in producing and selling AGC trains in six countries in South – Eastern Europe- Romania, Greece, Bulgaria, Croatia, Serbia and Montenegro.

*BNR about the idea of adding supplementary tax for banks: we will respect the European decision – in Ziarul Financiar
*Unpleasant surprise for Petrom in the third quarter: strong RON and Kazakhstan have taken the company on the loss side – in Ziarul Financiar
*UniCredit's strategy is to increase lending and stop expenses – in Ziarul Financiar
*The Romanian – German Chamber of Commerce proposes a commercial arbitrage court for companies – in Ziarul Financiar
*Cheaper insurance policies brought a drop of business for Allianz – in Ziarul Financiar

The heart of Romania, Sibiu or “Hermannstadt” in German and “Nagyszeben” in Hungarian, is one of the most important Romanian cultural centers. Ranked as “Europe’s 8th most idyllic place to live in”, it was also the “European Capital of Culture” in 2007, alongside with Luxembourg.

Calea Victoriei Foundation, City Compass and Artmark organize a workshop about great Romanian women on November 13 at the Artmark Gallery (18 Logofat Luca Stroici St. MAP ) starting 11,00 hours. The conference will be held by Silvia Timofte.

Six consortia have been pre-selected for the construction of the Drumul Taberei – Hasdeu metro line and four of them submitted final offers. The winning consortium will be chosen in the first part of 2011, according to Bucharest metro company Metrorex

Insurer Allianz- Tiriac posted a volume of EUR 175 million gross subscribed premiums in Romania for the first nine months of the year, which was down 17.8 percent on the same period last year.