Czech power group CEZ has decided to withdraw from the shareholder structure of Romania’s EnergoNuclear to search for less risky business opportunities in the region, an official of CEZ Romania said Tuesday.

Alexandra Nechita is a famous young Romanian cubist painter and one of the most famous contemporary artists worldwide...

Investments in Romania's railway system will reach EUR 7 billion in the next five years, as investors from around the world are interested in the opportunities offered by Romania in this field, Secretary General of the Association of Romania's Railway Industry (AIF) Stefan Roseanu told Agerpres newswire.

A Bucharest – Brasov 170 -kilometer memorial walk will be organized from September 28, over five days. The Alex Gradinaru Memorial Walk is being held in memory of 19-year old rugby player Alex Gradinaru, from Brasov, who has died from spinal injuries.

Rating agency Coface has left its sovereign rating on Romania unchanged at “B” in September, the lowest rating in central and eastern Europe, the agency said Wednesday. Romania and neighbor Bulgaria have been under "B" rating since June 2009.

Romania will sign a new loan agreement with the International Monetary Fund in 2011 to finance its budget deficit, Romanian President Traian Basescu said Tuesday.

The Romanian telecommunications and postal services market reached EUR 4.4 billion at the end of 2009, according to data from the National Authority for Management and Regulation in Communications, based on the annual financial statements submitted by the operators. This was down 12.5 percent compared to 2008, when the market was of EUR 5 billion.

Around 17.5 percent of the Romanians would vote for opposition Liberal (PNL) leader Crin Antonescu and 15.2 percent for Social Democratic (PSD, in opposition) chairman Victor Ponta if presidential elections were to be held next Sunday, reveals a survey conducted by the Group for Social Studies (GSS) 2000 that was commissioned by the PNL.

With a total net investment of approximately EUR 10 billion and with EUR 2.2 billion in trade between Romania and Austria, the Western European country remains the main investor into the Romanian economy, information from the Austrian Embassy to Romania reveals.

Microsoft Romania has seen its turnover back upwards from December last year and hopes to achieve a 6 percent hike in its revenues for the fiscal year 2011, compared to 2010, the company has announced without disclosing the actual sales figure. Microsoft Romania posted a sales increase of 3 percent during January – June this year.

Czech power group CEZ has decided to withdraw from the shareholder structure of Romania’s EnergoNuclear to search for less risky business opportunities in the region, an official of CEZ Romania said Tuesday.

Alexandra Nechita is a famous young Romanian cubist painter and one of the most famous contemporary artists worldwide...

Investments in Romania's railway system will reach EUR 7 billion in the next five years, as investors from around the world are interested in the opportunities offered by Romania in this field, Secretary General of the Association of Romania's Railway Industry (AIF) Stefan Roseanu told Agerpres newswire.

A Bucharest – Brasov 170 -kilometer memorial walk will be organized from September 28, over five days. The Alex Gradinaru Memorial Walk is being held in memory of 19-year old rugby player Alex Gradinaru, from Brasov, who has died from spinal injuries.

Rating agency Coface has left its sovereign rating on Romania unchanged at “B” in September, the lowest rating in central and eastern Europe, the agency said Wednesday. Romania and neighbor Bulgaria have been under "B" rating since June 2009.

Romania will sign a new loan agreement with the International Monetary Fund in 2011 to finance its budget deficit, Romanian President Traian Basescu said Tuesday.

The Romanian telecommunications and postal services market reached EUR 4.4 billion at the end of 2009, according to data from the National Authority for Management and Regulation in Communications, based on the annual financial statements submitted by the operators. This was down 12.5 percent compared to 2008, when the market was of EUR 5 billion.

Around 17.5 percent of the Romanians would vote for opposition Liberal (PNL) leader Crin Antonescu and 15.2 percent for Social Democratic (PSD, in opposition) chairman Victor Ponta if presidential elections were to be held next Sunday, reveals a survey conducted by the Group for Social Studies (GSS) 2000 that was commissioned by the PNL.

With a total net investment of approximately EUR 10 billion and with EUR 2.2 billion in trade between Romania and Austria, the Western European country remains the main investor into the Romanian economy, information from the Austrian Embassy to Romania reveals.

Microsoft Romania has seen its turnover back upwards from December last year and hopes to achieve a 6 percent hike in its revenues for the fiscal year 2011, compared to 2010, the company has announced without disclosing the actual sales figure. Microsoft Romania posted a sales increase of 3 percent during January – June this year.