The Romanian Competition Council has applied a EUR 1.2 million fine to several private pensions administration companies which were accused in 2007 of having agreed to equally share the participants in two funds, although they were supposed to be allocated randomly.

Local group of companies RTC Holding, owned by Romanian businessman Octavian Radu, posted a turnover of EUR 56 million in the first half of this year, down 12 percent on the same period of last year.

Raiffeisen Bank posted a net profit of almost EUR 50 million in the first half of the year, the bank has announced. The bank's operational profit was of EUR 83.8 million – compared to EUR 106.2 million mid-2009. The net profit for the first half this year was close to the value reported after the first half of 2009 – EUR 52.7 million.

Variety magazine has published a review of the Romanian film 'Morgen', directed by Marian Crisan, which has recently received four prizes at the Locarno Film Festival.

The Proprietatea Fund stock market listing has attracted 13 brokerage companies which bought the bid documentation for intermediating the fund's listing. Four consortia have submitted offers, according to the fund

US company Energiz Renewable has started a joint venture with Canadian company World Renewable Energy Group's local subsidiary (WREG) for several projects in Romania, pending on receiving government grants and finding private financing, romania-insider.com has learned. The company wants to built two solar panels factories in Romania, an investment of USD 64 million, according to Edward T. Whelan, head of Energiz Renewable, quoted by Romanian media.

Giuleşti maternity ward disaster reveals bankruptcy of healthcare system- in Ziarul Financiar, Competition levies 1.2m-euro fines on private pension market - in Ziarul Financiar, Octavian Radu's group sales dropped 12% in first half, down to EUR 56 million - in Ziarul Financiar, Domino's Pizza opens first delivery center in Bucharest; wants rapid expansion - in Ziarul Financiar

The long – awaited iPhone 4 is now available for sale in Romania through two online stores, Pcfun.ro and eMag.ro.

Ilie Nastase was the first famous Romanian tennis player. His colorful personality and the spectacular playing style earned him nicknames like "Nasty", or “Bucharest Buffoon”. In 1973, he made sports history when he was ranked as the world’s No.1 player in professional tennis.

Local group of companies RTC Holding, owned by Romanian businessman Octavian Radu, posted a turnover of EUR 56 million in the first half of this year, down 12 percent on the same period of last year.

The Romanian Competition Council has applied a EUR 1.2 million fine to several private pensions administration companies which were accused in 2007 of having agreed to equally share the participants in two funds, although they were supposed to be allocated randomly.

Local group of companies RTC Holding, owned by Romanian businessman Octavian Radu, posted a turnover of EUR 56 million in the first half of this year, down 12 percent on the same period of last year.

Raiffeisen Bank posted a net profit of almost EUR 50 million in the first half of the year, the bank has announced. The bank's operational profit was of EUR 83.8 million – compared to EUR 106.2 million mid-2009. The net profit for the first half this year was close to the value reported after the first half of 2009 – EUR 52.7 million.

Variety magazine has published a review of the Romanian film 'Morgen', directed by Marian Crisan, which has recently received four prizes at the Locarno Film Festival.

The Proprietatea Fund stock market listing has attracted 13 brokerage companies which bought the bid documentation for intermediating the fund's listing. Four consortia have submitted offers, according to the fund

US company Energiz Renewable has started a joint venture with Canadian company World Renewable Energy Group's local subsidiary (WREG) for several projects in Romania, pending on receiving government grants and finding private financing, romania-insider.com has learned. The company wants to built two solar panels factories in Romania, an investment of USD 64 million, according to Edward T. Whelan, head of Energiz Renewable, quoted by Romanian media.

Giuleşti maternity ward disaster reveals bankruptcy of healthcare system- in Ziarul Financiar, Competition levies 1.2m-euro fines on private pension market - in Ziarul Financiar, Octavian Radu's group sales dropped 12% in first half, down to EUR 56 million - in Ziarul Financiar, Domino's Pizza opens first delivery center in Bucharest; wants rapid expansion - in Ziarul Financiar

The long – awaited iPhone 4 is now available for sale in Romania through two online stores, Pcfun.ro and eMag.ro.

Ilie Nastase was the first famous Romanian tennis player. His colorful personality and the spectacular playing style earned him nicknames like "Nasty", or “Bucharest Buffoon”. In 1973, he made sports history when he was ranked as the world’s No.1 player in professional tennis.

Local group of companies RTC Holding, owned by Romanian businessman Octavian Radu, posted a turnover of EUR 56 million in the first half of this year, down 12 percent on the same period of last year.