*Ten ministers have EUR 4 billion for investments in 2011. What will they spend it on? - in Ziarul Financiar
*New Vodafone executive director: we will invest EUR 500 million in the next five years - in Ziarul Financiar
*Volksbank, the sixth bank on the local market, is up for sale. Will buyers step in? - in Ziarul Financiar
*Google launches Street View in eight Romanian cities - in Ziarul Financiar

Artmark auction house will organize an auction with EUR 1 million worth of paintings on December 16 in Bucharest and in Sibiu. The paintings by Romanian artists will be simultaneously auctioned from Bucharest and Sibiu through a duplex electronic system. The auction is organized in partnership with Brukental Museum in Sibiu. The Bucharest auction will take place at the J.W Marriott hotel, while the one in Sibiu, at the Hilton Hotel Sibiu, both starting 19,30 hours.

Romania will issue only 5,500 work permits for foreigners next year, 2,500 fewer than this year, and will issue fewer work authorizations to temporary employees, for whom social security contributions are not paid.

Romania short film Stopover, directed by Ioana Uricaru, has been included in the competition for the Sundance International Film festival. The film has been nominated in the International Narrative Shorts category, along with other 14 films.

Romanian ballerina Alina Cojocaru, who performs for the Royal Ballet in London, has been nominated for the Critics' Circle National Dance Awards. The awards gala will take place on January 24 next year in London.

The Czech Cultural Center in Bucharest will screen the Metrobranding documentary on December 13, from 20,00 hours. The documentary will feature Romanian brands like Relaxa the mattress, Dragasani sneakers, Pegas the bicycle, Mobra the motorcycle, the Fieni bulbs and Ileana the sewing machine, which were once the stars of the Romanian golden era. The documentary will also have English subtitles.

The revenues on the telecom segment in Romania continued to drop this year, but to a lower extent than in 2009, according to Catalin Marinescu, president of the National Authority for Management and Regulation in Communications (ANCOM). Last year, the market reached EUR 3.9 billion, down 15 percent on 2008.

Romania's industrial output went up by 10.5 percent in the first ten months of the year compared to the same period of last year, according to data from the Statistics Institute. The mining sector went down by 7.1 percent, while capital goods went up 17.1 percent.

Private healthcare operator Medas has opened a new medical clinic on 2,500 sqm within Unirea Shopping Center in Bucharest, following an investment of EUR 4 million. This is the forth clinic in the Medas network and includes 23 medical rooms.

Google has launched the Street View application in Romania, available for eight cities in the country, among which Bucharest, Brasov, Oradea, Timisoara, Cluj, Sibiu and Constanta.

*Ten ministers have EUR 4 billion for investments in 2011. What will they spend it on? - in Ziarul Financiar
*New Vodafone executive director: we will invest EUR 500 million in the next five years - in Ziarul Financiar
*Volksbank, the sixth bank on the local market, is up for sale. Will buyers step in? - in Ziarul Financiar
*Google launches Street View in eight Romanian cities - in Ziarul Financiar

Artmark auction house will organize an auction with EUR 1 million worth of paintings on December 16 in Bucharest and in Sibiu. The paintings by Romanian artists will be simultaneously auctioned from Bucharest and Sibiu through a duplex electronic system. The auction is organized in partnership with Brukental Museum in Sibiu. The Bucharest auction will take place at the J.W Marriott hotel, while the one in Sibiu, at the Hilton Hotel Sibiu, both starting 19,30 hours.

Romania will issue only 5,500 work permits for foreigners next year, 2,500 fewer than this year, and will issue fewer work authorizations to temporary employees, for whom social security contributions are not paid.

Romania short film Stopover, directed by Ioana Uricaru, has been included in the competition for the Sundance International Film festival. The film has been nominated in the International Narrative Shorts category, along with other 14 films.

Romanian ballerina Alina Cojocaru, who performs for the Royal Ballet in London, has been nominated for the Critics' Circle National Dance Awards. The awards gala will take place on January 24 next year in London.

The Czech Cultural Center in Bucharest will screen the Metrobranding documentary on December 13, from 20,00 hours. The documentary will feature Romanian brands like Relaxa the mattress, Dragasani sneakers, Pegas the bicycle, Mobra the motorcycle, the Fieni bulbs and Ileana the sewing machine, which were once the stars of the Romanian golden era. The documentary will also have English subtitles.

The revenues on the telecom segment in Romania continued to drop this year, but to a lower extent than in 2009, according to Catalin Marinescu, president of the National Authority for Management and Regulation in Communications (ANCOM). Last year, the market reached EUR 3.9 billion, down 15 percent on 2008.

Romania's industrial output went up by 10.5 percent in the first ten months of the year compared to the same period of last year, according to data from the Statistics Institute. The mining sector went down by 7.1 percent, while capital goods went up 17.1 percent.

Private healthcare operator Medas has opened a new medical clinic on 2,500 sqm within Unirea Shopping Center in Bucharest, following an investment of EUR 4 million. This is the forth clinic in the Medas network and includes 23 medical rooms.

Google has launched the Street View application in Romania, available for eight cities in the country, among which Bucharest, Brasov, Oradea, Timisoara, Cluj, Sibiu and Constanta.