Unhappy bank customers in Romania have joined internet groups and some of them even started procedures to sue banks over their reshuffled loan contracts, after local banks started to change the existing loan contracts, making them more transparent, in compliance with the new Romanian legislation and the EU rules.

Porsche Romania expects to sell up to 100 Audi A1 cars a year in Romania and the model could reach 8 percent of Audi sales on the Romanian market in 2011, according to Matei Albulescu, Audi brand manager within Porsche Romania importer. The car is priced between EUR 17,200 and EUR 23,100 in Romania (VAT included).

Five-star hotel Athenee Palace Hilton in Bucharest has opened the Cafe Athenee restaurant following a revamping process which included the hotel's reception, lobby, the hallway area, as well as food and beverage areas. The entire renovation cost was of EUR 2 million, according to Linda Griffin, the newly appointed general manager of the Bucharest hotel.

Austrian companies are still interested in investing in Romania, but they ask for more transparency, efficiency and consistency in public administration, as well as the improvement of the local legal system, according to Rudolf Lukavsky, Commercial Counselor within the Austrian Embassy to Bucharest.

This year's warm autumn has triggered outdoor events organizers throwing in more competitions to keep participants fit until the arrival of winter sports. Two more events will take place at the beginning of October.

Private health care operator Centrul Medical Unirea (CMU), majority owned by investment fund Advent International will merge with Euroclinic Hospital and Medical Centers, the two companies have announced. Advent International has taken over the majority share package in Euroclinic from Dutch group Eureko.

*CMU merges with Euroclinic – in Ziarul Financiar
*Gunter Grieb leaves Profi after a year – in Ziarul Financiar
*Romania taken down by Greece's problems, says Economist Intelligence Unit – in Ziarul Financiar
*Local Musette stores go to New York – in Ziarul Financiar

Calendar of events for the period September 20-23 in Bucharest: press conferences, business mixers, festivals

Romanian state-owned gas company Romgaz will purchase natural gas from import, through negotiations on Vienna Gas Exchange from June 2011, according to the company. This will be a first for the Romanian company and it means that the company will get gas at lower prices compared to the current imports based on the contracts Romgaz mainly concluded with Gazprom.

The European Union will organize a conference in Bucharest in October, to discuss programs assisting Roma people, Laszlo Andor, EU Commissioner for Employment, Social Affairs and Inclusion, said in an interview quoted by Mediafax. Andor added the high officials to attend the conference will discuss ways to better implement programs supporting Roma people. The exact date of the conference is yet to be put forward.

Unhappy bank customers in Romania have joined internet groups and some of them even started procedures to sue banks over their reshuffled loan contracts, after local banks started to change the existing loan contracts, making them more transparent, in compliance with the new Romanian legislation and the EU rules.

Porsche Romania expects to sell up to 100 Audi A1 cars a year in Romania and the model could reach 8 percent of Audi sales on the Romanian market in 2011, according to Matei Albulescu, Audi brand manager within Porsche Romania importer. The car is priced between EUR 17,200 and EUR 23,100 in Romania (VAT included).

Five-star hotel Athenee Palace Hilton in Bucharest has opened the Cafe Athenee restaurant following a revamping process which included the hotel's reception, lobby, the hallway area, as well as food and beverage areas. The entire renovation cost was of EUR 2 million, according to Linda Griffin, the newly appointed general manager of the Bucharest hotel.

Austrian companies are still interested in investing in Romania, but they ask for more transparency, efficiency and consistency in public administration, as well as the improvement of the local legal system, according to Rudolf Lukavsky, Commercial Counselor within the Austrian Embassy to Bucharest.

This year's warm autumn has triggered outdoor events organizers throwing in more competitions to keep participants fit until the arrival of winter sports. Two more events will take place at the beginning of October.

Private health care operator Centrul Medical Unirea (CMU), majority owned by investment fund Advent International will merge with Euroclinic Hospital and Medical Centers, the two companies have announced. Advent International has taken over the majority share package in Euroclinic from Dutch group Eureko.

*CMU merges with Euroclinic – in Ziarul Financiar
*Gunter Grieb leaves Profi after a year – in Ziarul Financiar
*Romania taken down by Greece's problems, says Economist Intelligence Unit – in Ziarul Financiar
*Local Musette stores go to New York – in Ziarul Financiar

Calendar of events for the period September 20-23 in Bucharest: press conferences, business mixers, festivals

Romanian state-owned gas company Romgaz will purchase natural gas from import, through negotiations on Vienna Gas Exchange from June 2011, according to the company. This will be a first for the Romanian company and it means that the company will get gas at lower prices compared to the current imports based on the contracts Romgaz mainly concluded with Gazprom.

The European Union will organize a conference in Bucharest in October, to discuss programs assisting Roma people, Laszlo Andor, EU Commissioner for Employment, Social Affairs and Inclusion, said in an interview quoted by Mediafax. Andor added the high officials to attend the conference will discuss ways to better implement programs supporting Roma people. The exact date of the conference is yet to be put forward.