Romanian writer Florin Iaru's photography exhibition will be opened on Wednesday, September 1st, at the Anthony Frost English Bookshop in Bucharest. The fourth issue of the photography magazine Punctum will also be launched at the event. The exhibition will be opened all thorough September.

Calendar of events for the period August 30 - September 2

Romania and Hungary are the only Eastern European real estate markets unattractive to investors, because of overvalued assets, while the lack of transactions means property prices need to continue to drop, says a global study by real estate adviser DTZ.

Banca Romaneasca, owned by the National Bank of Greece posted a EUR 2 million profit in the second quarter of the year, which was less than half of the profit in the same period of last year. The bank posted EUR 12 million in profit in the first quarter of this year.

Romania's furniture exports, in first four months, totaled EUR 356 million, 7.3 percent higher than in the same period of the previous year, according to the National Institute of Statistics' data. The imports amounted to EUR 90.4 million, 12.1 percent lower compared to January-April 2009.

Asus Romania has delayed the official launch of the new NX90 notebook, which was scheduled for September, after the model was stolen mid-August from the hotel where the laptop was exhibited, the company has announced. The prototype, which has not entered the series production yet, was one of the few prototypes of this model available in Romania. The company is now awaiting to receive a new prototype from Taiwan.

A new seaside resort will be built between existing Costinesti and Olimp. The all-inclusive resort called Terra will include 40 villas, two hotels and a SPA center, along with restaurants and stores, a mini-golf course, tennis courts and a heliport. The Constanta County Council has recently approved the zonal urban planning for this initiative, which came from the 23 August locality city hall.

Movies opening in Bucharest during the period August 27-29: Despicable Me, Grown Ups

US online retailer Amazon has leased 1,400 sqm of offices in the Palas compound in Iasi, developed by local businessman Iulian Dascalu. Amazon Development Center will open its headquarters in September within Palas, according to developer Iulius Group.

About 55 percent of Romania's urban population aged over 15 use the computer at least once a month and 51 percent access the Internet monthly or more often, shows the 2010 Roper Reports survey released by GfK Romania

Romanian writer Florin Iaru's photography exhibition will be opened on Wednesday, September 1st, at the Anthony Frost English Bookshop in Bucharest. The fourth issue of the photography magazine Punctum will also be launched at the event. The exhibition will be opened all thorough September.

Calendar of events for the period August 30 - September 2

Romania and Hungary are the only Eastern European real estate markets unattractive to investors, because of overvalued assets, while the lack of transactions means property prices need to continue to drop, says a global study by real estate adviser DTZ.

Banca Romaneasca, owned by the National Bank of Greece posted a EUR 2 million profit in the second quarter of the year, which was less than half of the profit in the same period of last year. The bank posted EUR 12 million in profit in the first quarter of this year.

Romania's furniture exports, in first four months, totaled EUR 356 million, 7.3 percent higher than in the same period of the previous year, according to the National Institute of Statistics' data. The imports amounted to EUR 90.4 million, 12.1 percent lower compared to January-April 2009.

Asus Romania has delayed the official launch of the new NX90 notebook, which was scheduled for September, after the model was stolen mid-August from the hotel where the laptop was exhibited, the company has announced. The prototype, which has not entered the series production yet, was one of the few prototypes of this model available in Romania. The company is now awaiting to receive a new prototype from Taiwan.

A new seaside resort will be built between existing Costinesti and Olimp. The all-inclusive resort called Terra will include 40 villas, two hotels and a SPA center, along with restaurants and stores, a mini-golf course, tennis courts and a heliport. The Constanta County Council has recently approved the zonal urban planning for this initiative, which came from the 23 August locality city hall.

Movies opening in Bucharest during the period August 27-29: Despicable Me, Grown Ups

US online retailer Amazon has leased 1,400 sqm of offices in the Palas compound in Iasi, developed by local businessman Iulian Dascalu. Amazon Development Center will open its headquarters in September within Palas, according to developer Iulius Group.

About 55 percent of Romania's urban population aged over 15 use the computer at least once a month and 51 percent access the Internet monthly or more often, shows the 2010 Roper Reports survey released by GfK Romania