Bikers are again invited to the start line at an event which will take place in Cluj, near Gilau Lake, on September 26. It will be the 4th edition of the “Maros Bike Marathon”.

*The Romanian state allows prices to be expressed in EUR, although the national currency is RON – in Ziarul Financiar
*Copos negotiates development of Ana Tower with GTC – in Ziarul Financiar
*New exit from real estate – Alejandro Solano leaves Hercesa after six years – in Ziarul Financiar
*Camelia Sucu closes down Natuzzi store in Unirii but plans re-opening in Pipera – in Ziarul Financiar
*Cristian Ionescu, Coface: Romania and Bulgaria have the lowest ratings in Europe – in Ziarul Financiar

Romania will emerge from recession behind most other countries, as the crisis hit with a six-month delay, Prime Minister Emil Boc has said. The recession didn't affect Romania until the end of 2008, while most of the world economies were impacted earlier that year, Boc told a meeting with the Romanian community in New York.

Romania has received the third loan tranche from the European Commission, some EUR 1.2 billion on Wednesday. So far, Romania cashed in EUR 3.5 billion from the EUR 5 billion EC loan.

The current current minimum corporate tax will be replaced with a flat-rate tax that will be applied only in areas where...

With wines accounting for around 10 percent of real,- Hypermarket Romania's food and beverage sales a year, the retailer has decided to expand the selection of wines it sells in its stores. It has recently introduced new wines from Georgia, Turkey and China into its offer, reaching a selection of 600 wines from across the world. Out of these, 320 are Romanian wines. real,- Hypermarket has recently launched a printed catalog with the wines in its offer.

Movies opening in Bucharest on September 24 - Wall Street - Money never sleeps, Wedding in Basarabia, Genova, Ces Amours-La.

Nicola Piovani, the winner of an Oscar prize for the soundtrack of “La Vita e Bella”, will play in Bucharest on October 9 at Sala Radio starting 20,00 hours. The concert will take place within the closing festivity of the 6th edition of the “International Movie Festival RO – IFF” which is scheduled to close on 10th of October 2010. The film festival will take place at the Cinema Scala and Eforie and will last 10 days, being organized by Artis Foundation in association with PROM’ART CREATIVE.

An Indian painting exhibition titled“Between fact and Fiction,” signed by Adity Chakravarti, wife of the Indian Ambassador to Romania will be varnished Monday, at 18.30 hours at Muzeul Taranului Roman in Bucharest. The paintings can be found in Acvariu Hall until October 9.

Emil Cioran was a Romanian philosopher and essayist who became famous for his finely crafted essays and aphorisms dealing with alienation, boredom, futility and the decay of civilization. His works helped him become one of the greatest nihilistic philosophers of the 20th century.

By Alexandra Fodor

Bikers are again invited to the start line at an event which will take place in Cluj, near Gilau Lake, on September 26. It will be the 4th edition of the “Maros Bike Marathon”.

*The Romanian state allows prices to be expressed in EUR, although the national currency is RON – in Ziarul Financiar
*Copos negotiates development of Ana Tower with GTC – in Ziarul Financiar
*New exit from real estate – Alejandro Solano leaves Hercesa after six years – in Ziarul Financiar
*Camelia Sucu closes down Natuzzi store in Unirii but plans re-opening in Pipera – in Ziarul Financiar
*Cristian Ionescu, Coface: Romania and Bulgaria have the lowest ratings in Europe – in Ziarul Financiar

Romania will emerge from recession behind most other countries, as the crisis hit with a six-month delay, Prime Minister Emil Boc has said. The recession didn't affect Romania until the end of 2008, while most of the world economies were impacted earlier that year, Boc told a meeting with the Romanian community in New York.

Romania has received the third loan tranche from the European Commission, some EUR 1.2 billion on Wednesday. So far, Romania cashed in EUR 3.5 billion from the EUR 5 billion EC loan.

The current current minimum corporate tax will be replaced with a flat-rate tax that will be applied only in areas where...

With wines accounting for around 10 percent of real,- Hypermarket Romania's food and beverage sales a year, the retailer has decided to expand the selection of wines it sells in its stores. It has recently introduced new wines from Georgia, Turkey and China into its offer, reaching a selection of 600 wines from across the world. Out of these, 320 are Romanian wines. real,- Hypermarket has recently launched a printed catalog with the wines in its offer.

Movies opening in Bucharest on September 24 - Wall Street - Money never sleeps, Wedding in Basarabia, Genova, Ces Amours-La.

Nicola Piovani, the winner of an Oscar prize for the soundtrack of “La Vita e Bella”, will play in Bucharest on October 9 at Sala Radio starting 20,00 hours. The concert will take place within the closing festivity of the 6th edition of the “International Movie Festival RO – IFF” which is scheduled to close on 10th of October 2010. The film festival will take place at the Cinema Scala and Eforie and will last 10 days, being organized by Artis Foundation in association with PROM’ART CREATIVE.

An Indian painting exhibition titled“Between fact and Fiction,” signed by Adity Chakravarti, wife of the Indian Ambassador to Romania will be varnished Monday, at 18.30 hours at Muzeul Taranului Roman in Bucharest. The paintings can be found in Acvariu Hall until October 9.

Emil Cioran was a Romanian philosopher and essayist who became famous for his finely crafted essays and aphorisms dealing with alienation, boredom, futility and the decay of civilization. His works helped him become one of the greatest nihilistic philosophers of the 20th century.

By Alexandra Fodor