NEPI Rockcastle NV, Europe’s third largest listed retail real estate company by portfolio value, has appointed Romanian...
As Romania has recently celebrated its National Day (December 1st, that is), we've chosen Alba Iulia as the destination city of this week, for its historical meaning.
The fact that Bucharest has more luxury cars that the country's development would support is a wonder for many foreigners who visit the city. In a city where parking spaces are scarce, there are 20,000 luxury cars, writes Romanian daily Gandul. There are 102 Ferrari cars registered in Bucharest, 160 Cadillacs and 100 Chrystlers.
Supermarket operator Mega Image has entered the convenience stores segment in Romania by opening Shop & Go units. The first such store was opened in Bucharest, on Delea Noua St., and covers 170 sqm, featuring mostly food products. Another such store will be opened on December 17 in Pantelimon, which will bring the number of Mega Image operated stores to 72 by the end of the year.
*Basescu about exit from the crisis: in the first quarter, half, the second half of 2011 – in Ziarul Financiar
*Foreign debt costs EUR 3 billion a month since the beginning of the year – in Ziarul Financiar
*Labor productivity increasing. How long will the trend last? – in Ziarul Financiar
*Taher signs sale of 12 hectares in Electroputere – in Ziarul Financiar
The European Commission has approved a EUR 80.6 million state aid scheme for the Romanian cinema production. The EC has OKed the Romanian state's scheme which consists in offering interest free loans and non-reimbursable loans for the production of Romanian movies
Romania's current account deficit widened by 30.3 percent to EUR 4.94 billion in the first ten months, from a gap of EUR 3.79 billion a year before, largely due to the lower current transfers surplus, according to data from the Romanian Central Bank (BNR).
Local firm Valco, which produces Romanian traditional alcoholic drinks, has exported 6,000 bottles of traditional Palinca to the US, a total worth of EUR 60,000. The company has signed contracts with distributions companies on the most important US markets New York, New Jersey, Illinois - Chicago, Michigan, Nevada - Las Vegas and California.
As Romania has recently celebrated its National Day (December 1st, that is), we've chosen Alba Iulia as the destination city of this week, for its historical meaning.
The fact that Bucharest has more luxury cars that the country's development would support is a wonder for many foreigners who visit the city. In a city where parking spaces are scarce, there are 20,000 luxury cars, writes Romanian daily Gandul. There are 102 Ferrari cars registered in Bucharest, 160 Cadillacs and 100 Chrystlers.
Supermarket operator Mega Image has entered the convenience stores segment in Romania by opening Shop & Go units. The first such store was opened in Bucharest, on Delea Noua St., and covers 170 sqm, featuring mostly food products. Another such store will be opened on December 17 in Pantelimon, which will bring the number of Mega Image operated stores to 72 by the end of the year.
*Basescu about exit from the crisis: in the first quarter, half, the second half of 2011 – in Ziarul Financiar
*Foreign debt costs EUR 3 billion a month since the beginning of the year – in Ziarul Financiar
*Labor productivity increasing. How long will the trend last? – in Ziarul Financiar
*Taher signs sale of 12 hectares in Electroputere – in Ziarul Financiar
The European Commission has approved a EUR 80.6 million state aid scheme for the Romanian cinema production. The EC has OKed the Romanian state's scheme which consists in offering interest free loans and non-reimbursable loans for the production of Romanian movies
Romania's current account deficit widened by 30.3 percent to EUR 4.94 billion in the first ten months, from a gap of EUR 3.79 billion a year before, largely due to the lower current transfers surplus, according to data from the Romanian Central Bank (BNR).
Local firm Valco, which produces Romanian traditional alcoholic drinks, has exported 6,000 bottles of traditional Palinca to the US, a total worth of EUR 60,000. The company has signed contracts with distributions companies on the most important US markets New York, New Jersey, Illinois - Chicago, Michigan, Nevada - Las Vegas and California.


