The Agapedia Romania Foundation will organize a charitable event on December 3 at the Auditorium hall of the National Art Museum, starting 18,00 hours. The funds raised at this event will contribute to the construction and equipment of a new social-medical center.

Romania wants to get EUR 1 billion for its 45.9 percent share package in telecom operator Romtelecom. “As a representative of the state, the Communication Ministry will take into account the market realities and will not sell the share package at any price. We will deal with the issue as any serious business,” said Communication Minister Valerian Vreme.

Publicis Groupe has bought three of its long-term affiliates in Romania, Publicis Romania, Focus Advertising and Publicis Events. The three entities will operate under the name Grupul Publicis Communications Services Bucharest, which will be an integrated communications agency

Spanish law firm Garrigues will close down its office in Bucharest, after having changed the business strategy for the Central and Eastern Europe. The law firm will work in the region through its office in Warsaw, according to the law firm.

*Four mall in Bucharest worth over EUR 1 billion. Will they find buyers? - in Ziarul Financiar
*2011 budget proposes drastic drop in expenses, 2.2 percent of the GDP - in Ziarul Financiar
*Romania faced five financial crises in the last five years due to the lack of financial education - in Ziarul Financiar
*Banca Transilvania raised EUR 26 million from investors in the first share issuance since the beginning of crisis - in Ziarul Financiar

Calendar of events for the week November 29-december 2: conferences, exhibitions, workshops, press conferences.

Banca Transilvania shareholders have subscribed 93 percent of the bank's capital share increase, The bank has announced, The bank has increased its share capital by EUR 26.3 million.

Romania's external debt has reached EUR 90 billion, out of which the Romanian state has to pay EUR 18.5 billion, the Romanian Central Bank (BNR)- other EUR 9 billion, while EUR 17 billion stem from the population, according to BNR data.

The Romanian Government plans to sell its 46 percent stake in telecom operator Romtelecom and Greek OTE, the main shareholder in the telecom company, has been invited to submit an offer for the remaining share package. Another option for the sale would be listing the state's share package on the stock exchange.

A documentary about American fighter pilots and bombers who raided Romanian targets in the Second World War will be aired on December 1 on TVR 1, Romania's national television channel. The documentary, called "Knights of the Sky: Air War Over Romania" is produced by Romanian-born Dan Dimancescu and directed by Nicholas Dimancescu, the founder of Kogainon Films, in partnership with National Geographic magazine Romania.

The Agapedia Romania Foundation will organize a charitable event on December 3 at the Auditorium hall of the National Art Museum, starting 18,00 hours. The funds raised at this event will contribute to the construction and equipment of a new social-medical center.

Romania wants to get EUR 1 billion for its 45.9 percent share package in telecom operator Romtelecom. “As a representative of the state, the Communication Ministry will take into account the market realities and will not sell the share package at any price. We will deal with the issue as any serious business,” said Communication Minister Valerian Vreme.

Publicis Groupe has bought three of its long-term affiliates in Romania, Publicis Romania, Focus Advertising and Publicis Events. The three entities will operate under the name Grupul Publicis Communications Services Bucharest, which will be an integrated communications agency

Spanish law firm Garrigues will close down its office in Bucharest, after having changed the business strategy for the Central and Eastern Europe. The law firm will work in the region through its office in Warsaw, according to the law firm.

*Four mall in Bucharest worth over EUR 1 billion. Will they find buyers? - in Ziarul Financiar
*2011 budget proposes drastic drop in expenses, 2.2 percent of the GDP - in Ziarul Financiar
*Romania faced five financial crises in the last five years due to the lack of financial education - in Ziarul Financiar
*Banca Transilvania raised EUR 26 million from investors in the first share issuance since the beginning of crisis - in Ziarul Financiar

Calendar of events for the week November 29-december 2: conferences, exhibitions, workshops, press conferences.

Banca Transilvania shareholders have subscribed 93 percent of the bank's capital share increase, The bank has announced, The bank has increased its share capital by EUR 26.3 million.

Romania's external debt has reached EUR 90 billion, out of which the Romanian state has to pay EUR 18.5 billion, the Romanian Central Bank (BNR)- other EUR 9 billion, while EUR 17 billion stem from the population, according to BNR data.

The Romanian Government plans to sell its 46 percent stake in telecom operator Romtelecom and Greek OTE, the main shareholder in the telecom company, has been invited to submit an offer for the remaining share package. Another option for the sale would be listing the state's share package on the stock exchange.

A documentary about American fighter pilots and bombers who raided Romanian targets in the Second World War will be aired on December 1 on TVR 1, Romania's national television channel. The documentary, called "Knights of the Sky: Air War Over Romania" is produced by Romanian-born Dan Dimancescu and directed by Nicholas Dimancescu, the founder of Kogainon Films, in partnership with National Geographic magazine Romania.