*Finance Ministry has to raise EUR 1 billion from banks on Thursday – in Ziarul Financiar
*Only 14% of Romanian got a holiday during July – September – in Ziarul Financiar
*OTP lost EUR 7 million in the third quarter. Pressure moves to mortgage loans – in Ziarul Financiar
*Sanofi- Aventis, close to finalizing move of ten products to Bucharest. Exports start in in February – March – in Ziarul Financiar
*Romanians spend EUR 100 million a year on construction tools – in Ziarul Financiar

Romania will launch a EUR 1 billion bond issue on November 25, hoping to cover the budget deficit and refinance its public debt with the money raised.

U.S. Bechtel, the company that is building Romania’s Transylvania Highway plans to sack over 800 employees working on the highway, arguing the construction area is not ready for further works and the Romanian state has not paid its debts for works in 2010.

Movies in Bucharest opening this week-end: The Next Three Days, Takers, You Again; also on screens: Unstoppable, Easy A, Scott Pilgrim vs. the World

*Leasing market hasn't stopped its fall and is down 27% in nine months – in Ziarul Financiar
*Liliana Solomon: the Vodafone Romania CEO mandate was the best period of my career so far – in Ziarul Financiar
*Ursus closes down Cluj factory. Ursus and Azuga to be produced in Buzau, Timisoara and Brasov – in Ziarul Financiar
*OTE and Deutsche Telekom give one of the most important positions in Romtelecom to Romanian – in Ziarul Financiar

Calendar of events in Bucharest, November 19-21: concerts, shows, exhibitions.

Ursus Breweries will close down one of its oldest production centers in Romania, the 130-year old Cluj – Napoca factory, which employs 161 people, the company has announced. The factory had the highest operating cost of all Ursus' production units in Romania and was located downtown, which made it harder to run logistically wise.

The CliniClowns Romania charity and the Netherlands Embassy to Bucharest organize the CliniClowns Charity Dinner Gala, a fund raising event which will take place on November 24, at Casa Vernescu (133 Calea Victoriei), starting 18,00 hours.

Romania's Embassy in London and the Romanian Cultural Institute (ICR) in London, at 1 Belgrave Square SW1X 8PH, has inaugurated the Romanian library, a joint project of the two institutions, dedicated to the Romanian community in Great Britain and carried out with the support of one of the leaders of the business community in London, Romanian-born George Iacobescu.

Hewlett Packard (HP) Romania plans to hire 600 people in 2011 for its Bucharest-based services center Global eBusiness Operations (GeBOC), which is similar to the number of people the company hired in 2010, GeBOC general manager Alexander Weigl has said.

*Finance Ministry has to raise EUR 1 billion from banks on Thursday – in Ziarul Financiar
*Only 14% of Romanian got a holiday during July – September – in Ziarul Financiar
*OTP lost EUR 7 million in the third quarter. Pressure moves to mortgage loans – in Ziarul Financiar
*Sanofi- Aventis, close to finalizing move of ten products to Bucharest. Exports start in in February – March – in Ziarul Financiar
*Romanians spend EUR 100 million a year on construction tools – in Ziarul Financiar

Romania will launch a EUR 1 billion bond issue on November 25, hoping to cover the budget deficit and refinance its public debt with the money raised.

U.S. Bechtel, the company that is building Romania’s Transylvania Highway plans to sack over 800 employees working on the highway, arguing the construction area is not ready for further works and the Romanian state has not paid its debts for works in 2010.

Movies in Bucharest opening this week-end: The Next Three Days, Takers, You Again; also on screens: Unstoppable, Easy A, Scott Pilgrim vs. the World

*Leasing market hasn't stopped its fall and is down 27% in nine months – in Ziarul Financiar
*Liliana Solomon: the Vodafone Romania CEO mandate was the best period of my career so far – in Ziarul Financiar
*Ursus closes down Cluj factory. Ursus and Azuga to be produced in Buzau, Timisoara and Brasov – in Ziarul Financiar
*OTE and Deutsche Telekom give one of the most important positions in Romtelecom to Romanian – in Ziarul Financiar

Calendar of events in Bucharest, November 19-21: concerts, shows, exhibitions.

Ursus Breweries will close down one of its oldest production centers in Romania, the 130-year old Cluj – Napoca factory, which employs 161 people, the company has announced. The factory had the highest operating cost of all Ursus' production units in Romania and was located downtown, which made it harder to run logistically wise.

The CliniClowns Romania charity and the Netherlands Embassy to Bucharest organize the CliniClowns Charity Dinner Gala, a fund raising event which will take place on November 24, at Casa Vernescu (133 Calea Victoriei), starting 18,00 hours.

Romania's Embassy in London and the Romanian Cultural Institute (ICR) in London, at 1 Belgrave Square SW1X 8PH, has inaugurated the Romanian library, a joint project of the two institutions, dedicated to the Romanian community in Great Britain and carried out with the support of one of the leaders of the business community in London, Romanian-born George Iacobescu.

Hewlett Packard (HP) Romania plans to hire 600 people in 2011 for its Bucharest-based services center Global eBusiness Operations (GeBOC), which is similar to the number of people the company hired in 2010, GeBOC general manager Alexander Weigl has said.