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

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.

Half of the lenders in Romania posted a profit in the first three quarters of this year but the banking system recorded an overall loss of EUR 110 million, according to Florin Georgescu, first deputy governor of the Romanian Central Bank (BNR), quoted by Agerpres newswire.

UniCredit Ţiriac Bank posted a net profit of EUR 52 million in the first nine months of the year, down 15 percent on the same period last year. The bank's revenues were however up 15 percent, to around EUR 239 million, while its expenses grew by only 1 percent.

Oil and gas company OMV Petrom posted a net loss of EUR 23.3 million in the third quarter of the year. However, the company managed to post a profit of EUR 332 million for the first nine months of the year, which was up 44 percent compared to the same period of last year.

*Record unemployment among University graduates: 53,000 graduates can't find jobs – in Ziarul Financiar
*How does Microsoft Romania keep its employees: salaries above average, premium cars and subscriptions to massage sessions – in Ziarul Financiar
*Nestor: Lawyers' fees have dropped by 40%. From the gray area there are kamikaze offers which make it hard to compete – in Ziarul Financiar
*Vodafone revenues down 12% to EUR 425 million, due to recession and drop in tarriffs – in Ziarul Financiar
*Smaller damages made room for EUR 26 million profit for VIG – in Ziarul Financiar

Faced with the current international financial crisis, most companies have given up on their human resources development programs. But the alternative of using European Union funding could allow companies to train their staff or develop HR programs, as Romania has access to a large amount of European funding dedicated to human resources. Romania-Insider.com looks at funds for HR and at the companies that got them.

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

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.

Half of the lenders in Romania posted a profit in the first three quarters of this year but the banking system recorded an overall loss of EUR 110 million, according to Florin Georgescu, first deputy governor of the Romanian Central Bank (BNR), quoted by Agerpres newswire.

UniCredit Ţiriac Bank posted a net profit of EUR 52 million in the first nine months of the year, down 15 percent on the same period last year. The bank's revenues were however up 15 percent, to around EUR 239 million, while its expenses grew by only 1 percent.

Oil and gas company OMV Petrom posted a net loss of EUR 23.3 million in the third quarter of the year. However, the company managed to post a profit of EUR 332 million for the first nine months of the year, which was up 44 percent compared to the same period of last year.

*Record unemployment among University graduates: 53,000 graduates can't find jobs – in Ziarul Financiar
*How does Microsoft Romania keep its employees: salaries above average, premium cars and subscriptions to massage sessions – in Ziarul Financiar
*Nestor: Lawyers' fees have dropped by 40%. From the gray area there are kamikaze offers which make it hard to compete – in Ziarul Financiar
*Vodafone revenues down 12% to EUR 425 million, due to recession and drop in tarriffs – in Ziarul Financiar
*Smaller damages made room for EUR 26 million profit for VIG – in Ziarul Financiar

Faced with the current international financial crisis, most companies have given up on their human resources development programs. But the alternative of using European Union funding could allow companies to train their staff or develop HR programs, as Romania has access to a large amount of European funding dedicated to human resources. Romania-Insider.com looks at funds for HR and at the companies that got them.