Banks keep small clients locked in high interest loans, accuse business people – in Ziarul Financiar, IKEA- Land prices are still high – in Ziarul Financiar, Consumer protection: Banks the keep the current level of interest only if the clients agree – in Ziarul Financiar, Berceanu fires 8,000 railway workers to save EUR 187 million – in Ziarul Financiar, Public debt goes down by 36.4% of GDP mid-year – in Gandul, Rosia Montana: The journalists who were tempted to New Zealand say they're on holiday – on Adevarul.ro

Feature length movie 'Mar negro' ('Black Sea'), a Romania- France – Italy co-production, directed by Federico Bondi, will be screened from September 17 in Bucharest and in Cluj. The Bucharest premiere screening will be organized at the Studio cinema in Bucharest on September 16.

Cesaria Evora, who went through heart surgery in May this year, when she canceled the concert in Bucharest, will continue her tour and perform in Romania in October. Her first concert will be held in Brasov on October 15 and in Bucharest on October 18. The concert in Brasov will be held at Sala Sporturilor, while the one in Bucharest, at Sala Palatului.

Looking for something new and unique to wear? A fashion design fair with a networking session included will take place on Saturday and Sunday (August 28-29) in Bucharest, displaying creations of Romanian fashion designers such as Kristina Dragomir, David Sandu and Coca Zabolateanu. The fair, called SmartLook, will also host the creations of young Romanian designers.

The Romanian Railways Company (CFR) will have to axe between 7,100 and 8,300 people by 2011, which would lead to savings of around EUR 187 million next year, according to Transport Ministry's restructuring strategy for CFR.

Swedish retailer Ikea will drop prices by 12 percent on an average from the beginning of September, on over 4,000 products it sells in its Bucharest store. Ikea has launched the 2011 catalog, which will have 1,700 items with lower prices, according to the retailer.

Banks active in Romania don't expect a comeback in the lending activity in the following period, as the second quarter of the year brought along tougher lending conditions, found a survey by the Romanian Central Bank (BNR). However, mortgage loans will be the exception.

The six seats in the Fondul Proprietatea surveillance committee has attracted 13 candidates who have applied for six spots in the committee. While most of them have been openly linked to political ties, two come from the private sector. Radu Florescu, CEO of Saatchi & Saatchi and Sorin Mindrutescu (in picture), general manager of Oracle Romania and head of the American Romanian Chamber of Commerce (AmCham),according to local newspaper Ziarul Financiar.

Mining company Rosia Montana Gold Corporation, which is trying to start the gold mining project in Rosia Montana, Romania, has taken 20 journalists on a trip to a gold mine in New Zealand. The local media has already commented on whether the journalists were supposed to accept the trip.

Romania exported tobacco products worth of EUR 118.7 million in the first four months of the year, according to statistics. The value of exports was 20.7 percent higher than in the same period of last year.

Banks keep small clients locked in high interest loans, accuse business people – in Ziarul Financiar, IKEA- Land prices are still high – in Ziarul Financiar, Consumer protection: Banks the keep the current level of interest only if the clients agree – in Ziarul Financiar, Berceanu fires 8,000 railway workers to save EUR 187 million – in Ziarul Financiar, Public debt goes down by 36.4% of GDP mid-year – in Gandul, Rosia Montana: The journalists who were tempted to New Zealand say they're on holiday – on Adevarul.ro

Feature length movie 'Mar negro' ('Black Sea'), a Romania- France – Italy co-production, directed by Federico Bondi, will be screened from September 17 in Bucharest and in Cluj. The Bucharest premiere screening will be organized at the Studio cinema in Bucharest on September 16.

Cesaria Evora, who went through heart surgery in May this year, when she canceled the concert in Bucharest, will continue her tour and perform in Romania in October. Her first concert will be held in Brasov on October 15 and in Bucharest on October 18. The concert in Brasov will be held at Sala Sporturilor, while the one in Bucharest, at Sala Palatului.

Looking for something new and unique to wear? A fashion design fair with a networking session included will take place on Saturday and Sunday (August 28-29) in Bucharest, displaying creations of Romanian fashion designers such as Kristina Dragomir, David Sandu and Coca Zabolateanu. The fair, called SmartLook, will also host the creations of young Romanian designers.

The Romanian Railways Company (CFR) will have to axe between 7,100 and 8,300 people by 2011, which would lead to savings of around EUR 187 million next year, according to Transport Ministry's restructuring strategy for CFR.

Swedish retailer Ikea will drop prices by 12 percent on an average from the beginning of September, on over 4,000 products it sells in its Bucharest store. Ikea has launched the 2011 catalog, which will have 1,700 items with lower prices, according to the retailer.

Banks active in Romania don't expect a comeback in the lending activity in the following period, as the second quarter of the year brought along tougher lending conditions, found a survey by the Romanian Central Bank (BNR). However, mortgage loans will be the exception.

The six seats in the Fondul Proprietatea surveillance committee has attracted 13 candidates who have applied for six spots in the committee. While most of them have been openly linked to political ties, two come from the private sector. Radu Florescu, CEO of Saatchi & Saatchi and Sorin Mindrutescu (in picture), general manager of Oracle Romania and head of the American Romanian Chamber of Commerce (AmCham),according to local newspaper Ziarul Financiar.

Mining company Rosia Montana Gold Corporation, which is trying to start the gold mining project in Rosia Montana, Romania, has taken 20 journalists on a trip to a gold mine in New Zealand. The local media has already commented on whether the journalists were supposed to accept the trip.

Romania exported tobacco products worth of EUR 118.7 million in the first four months of the year, according to statistics. The value of exports was 20.7 percent higher than in the same period of last year.