Romanian cosmetics producer Farmec Cluj-Napoca, which posted a turnover of EUR 22.8 million last year, up 10 percent on the previous year, hopes this year's business growth will reach 5 percent. One of the channels of growth will come from the international expansion, which has already been started last year, when the company entered the Hungarian market, according to Mircea Turdean, general manager of Farmec Cluj – Napoca.

The International Monetary Fund will submit the new precautionary deal for Romania for approval in its board meeting at the end of March, when it will also talk about the seventh review of the current stand-by agreement with the country, according to Jeffrey Franks, head of the IMF delegation to Romania.

Romanian law firm Nestor Nestor Diculescu Kingston Petersen (NNDKP) has taken over law firm Cionca Bidiga Godinca, the legal division of Casa de Insolventa Transilvania SPRL and has thus opened an office in Cluj Napoca, the firm has announced.

Market analysis company Cegedim Romania has taken over the pharma software company Pharmec Healthcare Software, from the Pluriva group, controlled by Romanian investors the Tudorache family.

The Intercontinental passage in the University subway station downtown Bucharest hosts a gift fair - Amore, Love, Iubire, - dedicated to Valentine’s Day, which will be on until February 14.

The Valentine’s Day Charity Ball, organized by the Blue Heron Foundation, will take place on Saturday, February 12 at the Ghika Palace of Bucharest. Its purpose is to raise funds to the benefit of the academic scholarship program destined for young people without financial means.

Romania’s electricity and gas prices will go up between 2013 and 2015, since the Government will eliminate regulated prices, in compliance with requests by the International Monetary Fund, Romanian Prime Minister Emil Boc said Monday.

(Order of President of National Agency of Fiscal Administration no. 73 / 2011, published in the Official Gazette no. 89...

Heavy metal band Judas Priest will return to Romania for a concert on July 3 at Romexpo in capital city Bucharest, according to the band’s official website. The gig is part of the band's Epitaph tour, the last world tour in the band's 40-year career.

Romania's Central Bank BNR revised upward its forecast on the annual inflation to 3.6 percent at the end of 2011, from 3.4 percent previously, Romanian Central Bank governor Mugur Isarescu (in picture) said Monday. For 2012, the bank forecasts an annual rate of 3.2 percent, Isarescu said at the presentation of the quarterly inflation report.

Romanian cosmetics producer Farmec Cluj-Napoca, which posted a turnover of EUR 22.8 million last year, up 10 percent on the previous year, hopes this year's business growth will reach 5 percent. One of the channels of growth will come from the international expansion, which has already been started last year, when the company entered the Hungarian market, according to Mircea Turdean, general manager of Farmec Cluj – Napoca.

The International Monetary Fund will submit the new precautionary deal for Romania for approval in its board meeting at the end of March, when it will also talk about the seventh review of the current stand-by agreement with the country, according to Jeffrey Franks, head of the IMF delegation to Romania.

Romanian law firm Nestor Nestor Diculescu Kingston Petersen (NNDKP) has taken over law firm Cionca Bidiga Godinca, the legal division of Casa de Insolventa Transilvania SPRL and has thus opened an office in Cluj Napoca, the firm has announced.

Market analysis company Cegedim Romania has taken over the pharma software company Pharmec Healthcare Software, from the Pluriva group, controlled by Romanian investors the Tudorache family.

The Intercontinental passage in the University subway station downtown Bucharest hosts a gift fair - Amore, Love, Iubire, - dedicated to Valentine’s Day, which will be on until February 14.

The Valentine’s Day Charity Ball, organized by the Blue Heron Foundation, will take place on Saturday, February 12 at the Ghika Palace of Bucharest. Its purpose is to raise funds to the benefit of the academic scholarship program destined for young people without financial means.

Romania’s electricity and gas prices will go up between 2013 and 2015, since the Government will eliminate regulated prices, in compliance with requests by the International Monetary Fund, Romanian Prime Minister Emil Boc said Monday.

(Order of President of National Agency of Fiscal Administration no. 73 / 2011, published in the Official Gazette no. 89...

Heavy metal band Judas Priest will return to Romania for a concert on July 3 at Romexpo in capital city Bucharest, according to the band’s official website. The gig is part of the band's Epitaph tour, the last world tour in the band's 40-year career.

Romania's Central Bank BNR revised upward its forecast on the annual inflation to 3.6 percent at the end of 2011, from 3.4 percent previously, Romanian Central Bank governor Mugur Isarescu (in picture) said Monday. For 2012, the bank forecasts an annual rate of 3.2 percent, Isarescu said at the presentation of the quarterly inflation report.