Four people died and 57 were injured Thursday morning in Tulcea town, southeastern Romania, after a bus transporting tens of passengers plunged off a dam linking Tulcea to its industrial site. The town's protection dam is used for traffic as the road to the industrial area is currently under repair.

British band Morcheeba will return to Romania for a concert on October 5 at the Sala Palatului in Bucharest. The concert will start at 20,30 hours and ticket prices will vary from RON 90 to RON 200. Tickets can be bought from eventim.ro.

The Romanian Government will re-organize a bid for the concession of the Comarnic – Brasov highway segment in 2011, after the contract that was supposed to be signed with the Vinci – Aktor consortium was canceled. The Transport Ministry will change the documentation in order to avoid the issues it faced the first time, said Eusebiu Pistru, state secretary with the ministry.

Romania will have a book stand at the Frankfurt International Book Fair which takes place between October 6 and 10 in Germany. The Romanian stand at the fair is organized by the Ministry of Culture and National Patrimony.

Axxess Capital has launched the Emerging Europe Accession Fund (EEAF), with a targeted capitalization of EUR 150 million, which will invest in Romania, Bulgaria and Turkey. The fund, managed by the same team which runs the Balkan Accession Fund (BAF), had a first close at EUR 94 million.

Consumer goods producer Procter & Gamble, which has recently opened its factory in Urlati, Romania, intends to invest in renewable energy that it could trade on the stock market, company representatives have said. “We intend to look at European funds for renewable energy, together with the Ministry of Environment. We could trade renewable energy on the stock market, as the transactions with green certificates are pending regulations,” said Ramona Brad, associate director for external relations with P&G.

City Insurance plans to invest EUR 0.5 million in opening 40 insurance agencies across Romania by the end of 2010 and hopes to sell up to 30,000 home insurance policies, according to the company.

Watercooler company La Fantana has bought the water purification importer and distributor Rokor Ecostyle, the company has announced. The enterprise value of the bought company was of EUR 4.35 million. The seller was Romanian investor Serban Andrei. Rokor Ecostyle will keep its brand and operate under La Fantana umbrella. The buyer says it will hold an 80 percent market share on the water purification market.

Einuiea band will perform on October 3 during the screening of the movie “Nosferatu, symphony of horror” within the “Dracula – king and vampire” exhibition at the National Museum of Art (MNAR), the museum has announced. The performance will be hosted by the museum hall dedicated to the evolution of Dracula's image and of vampires in the international cinema.

onstruction permits issued for residential buildings in August this year stood at 4,670, up 9.5 percent from July 2010 and 0.4 percent from the same month last year, according to the National Statistics Institute (INS).

Four people died and 57 were injured Thursday morning in Tulcea town, southeastern Romania, after a bus transporting tens of passengers plunged off a dam linking Tulcea to its industrial site. The town's protection dam is used for traffic as the road to the industrial area is currently under repair.

British band Morcheeba will return to Romania for a concert on October 5 at the Sala Palatului in Bucharest. The concert will start at 20,30 hours and ticket prices will vary from RON 90 to RON 200. Tickets can be bought from eventim.ro.

The Romanian Government will re-organize a bid for the concession of the Comarnic – Brasov highway segment in 2011, after the contract that was supposed to be signed with the Vinci – Aktor consortium was canceled. The Transport Ministry will change the documentation in order to avoid the issues it faced the first time, said Eusebiu Pistru, state secretary with the ministry.

Romania will have a book stand at the Frankfurt International Book Fair which takes place between October 6 and 10 in Germany. The Romanian stand at the fair is organized by the Ministry of Culture and National Patrimony.

Axxess Capital has launched the Emerging Europe Accession Fund (EEAF), with a targeted capitalization of EUR 150 million, which will invest in Romania, Bulgaria and Turkey. The fund, managed by the same team which runs the Balkan Accession Fund (BAF), had a first close at EUR 94 million.

Consumer goods producer Procter & Gamble, which has recently opened its factory in Urlati, Romania, intends to invest in renewable energy that it could trade on the stock market, company representatives have said. “We intend to look at European funds for renewable energy, together with the Ministry of Environment. We could trade renewable energy on the stock market, as the transactions with green certificates are pending regulations,” said Ramona Brad, associate director for external relations with P&G.

City Insurance plans to invest EUR 0.5 million in opening 40 insurance agencies across Romania by the end of 2010 and hopes to sell up to 30,000 home insurance policies, according to the company.

Watercooler company La Fantana has bought the water purification importer and distributor Rokor Ecostyle, the company has announced. The enterprise value of the bought company was of EUR 4.35 million. The seller was Romanian investor Serban Andrei. Rokor Ecostyle will keep its brand and operate under La Fantana umbrella. The buyer says it will hold an 80 percent market share on the water purification market.

Einuiea band will perform on October 3 during the screening of the movie “Nosferatu, symphony of horror” within the “Dracula – king and vampire” exhibition at the National Museum of Art (MNAR), the museum has announced. The performance will be hosted by the museum hall dedicated to the evolution of Dracula's image and of vampires in the international cinema.

onstruction permits issued for residential buildings in August this year stood at 4,670, up 9.5 percent from July 2010 and 0.4 percent from the same month last year, according to the National Statistics Institute (INS).