Private health care operator Centrul Medical Unirea (CMU), majority owned by investment fund Advent International will merge with Euroclinic Hospital and Medical Centers, the two companies have announced. Advent International has taken over the majority share package in Euroclinic from Dutch group Eureko.

This year's warm autumn has triggered outdoor events organizers throwing in more competitions to keep participants fit until the arrival of winter sports. Two more events will take place at the beginning of October.

Five-star hotel Athenee Palace Hilton in Bucharest has opened the Cafe Athenee restaurant following a revamping process which included the hotel's reception, lobby, the hallway area, as well as food and beverage areas. The entire renovation cost was of EUR 2 million, according to Linda Griffin, the newly appointed general manager of the Bucharest hotel.

Porsche Romania expects to sell up to 100 Audi A1 cars a year in Romania and the model could reach 8 percent of Audi sales on the Romanian market in 2011, according to Matei Albulescu, Audi brand manager within Porsche Romania importer. The car is priced between EUR 17,200 and EUR 23,100 in Romania (VAT included).

Unhappy bank customers in Romania have joined internet groups and some of them even started procedures to sue banks over their reshuffled loan contracts, after local banks started to change the existing loan contracts, making them more transparent, in compliance with the new Romanian legislation and the EU rules.

Romania must adopt the unitary pension system law and pay the debts of its public hospitals before the International...

Real estate developer Asmita and investment fund European Development Convergence Company (ECDC), owners of the 765-apartment complex Asmita Gardens in Bucharest have sold EUR 3 million of housing in the complex in the first quarter of the year. 24 new families thus moved in their Asmita Gardens homes.

Romania needs an extra EUR 3 billion to pay pensions in 2011, Prime Minister Emil Boc has said. The reform of the pensions system is a step forward in ensuring the system's fairness and sustainability, he has added.

Private health care operator Centrul Medical Unirea (CMU), majority owned by investment fund Advent International will merge with Euroclinic Hospital and Medical Centers, the two companies have announced. Advent International has taken over the majority share package in Euroclinic from Dutch group Eureko.

Austrian companies are still interested in investing in Romania, but they ask for more transparency, efficiency and consistency in public administration, as well as the improvement of the local legal system, according to Rudolf Lukavsky, Commercial Counselor within the Austrian Embassy to Bucharest.

Private health care operator Centrul Medical Unirea (CMU), majority owned by investment fund Advent International will merge with Euroclinic Hospital and Medical Centers, the two companies have announced. Advent International has taken over the majority share package in Euroclinic from Dutch group Eureko.

This year's warm autumn has triggered outdoor events organizers throwing in more competitions to keep participants fit until the arrival of winter sports. Two more events will take place at the beginning of October.

Five-star hotel Athenee Palace Hilton in Bucharest has opened the Cafe Athenee restaurant following a revamping process which included the hotel's reception, lobby, the hallway area, as well as food and beverage areas. The entire renovation cost was of EUR 2 million, according to Linda Griffin, the newly appointed general manager of the Bucharest hotel.

Porsche Romania expects to sell up to 100 Audi A1 cars a year in Romania and the model could reach 8 percent of Audi sales on the Romanian market in 2011, according to Matei Albulescu, Audi brand manager within Porsche Romania importer. The car is priced between EUR 17,200 and EUR 23,100 in Romania (VAT included).

Unhappy bank customers in Romania have joined internet groups and some of them even started procedures to sue banks over their reshuffled loan contracts, after local banks started to change the existing loan contracts, making them more transparent, in compliance with the new Romanian legislation and the EU rules.

Romania must adopt the unitary pension system law and pay the debts of its public hospitals before the International...

Real estate developer Asmita and investment fund European Development Convergence Company (ECDC), owners of the 765-apartment complex Asmita Gardens in Bucharest have sold EUR 3 million of housing in the complex in the first quarter of the year. 24 new families thus moved in their Asmita Gardens homes.

Romania needs an extra EUR 3 billion to pay pensions in 2011, Prime Minister Emil Boc has said. The reform of the pensions system is a step forward in ensuring the system's fairness and sustainability, he has added.

Private health care operator Centrul Medical Unirea (CMU), majority owned by investment fund Advent International will merge with Euroclinic Hospital and Medical Centers, the two companies have announced. Advent International has taken over the majority share package in Euroclinic from Dutch group Eureko.

Austrian companies are still interested in investing in Romania, but they ask for more transparency, efficiency and consistency in public administration, as well as the improvement of the local legal system, according to Rudolf Lukavsky, Commercial Counselor within the Austrian Embassy to Bucharest.