The Romanian technical consumer goods market has slowed down its decrease in the second quarter of the year, with sales only 15 percent lower compared to the same period of last year, found a monitoring by GfK. However, the value of this market segment was slightly lower compared to the first quarter and the negative tendency could continue, if we take into account the VAT increase from July 1st.

Family Frost, a vending vans retail company which had entered the local market in 2008, announced its exit from Romania due to lower than expected sales, according to Romanian newspaper Ziarul Financiar, quoting company representatives.

Two men in Tulcea county, southeastern Romania, have been diagnosed with viral meningitis and are suspected of contracting the West Nile virus, according to Mediafax newswire. The tow patients, of 18 and 43, most likely got the virus through mosquito bites when they went fishing.

An exhibition of Romanian orthodox paintings created by local painter Calin Vadan will be on display starting September 2nd in Lisbon, at the National Archeology Museum, according to the Romanian Cultural Institute (ICR).

Several Romanian ministries and the World Bank are undertaking a Functional Review of their activity to identify actions that would improve the quality and cost-effectiveness of public services in the country, the World Bank has announced

Telecom operator Orange will launch a pre-paid card for Internet access tomorrow, with prices starting EUR 5, the company has announced. The announcement comes soon after its competitors, Vodafone and Comoste, had already launched such services.

Axl Rose, the leading singer of rock band Guns n'Roses, has announced the cancellation of all upcoming concerts. The announcement came on his Twitter account. However, media reports quoting various concert organizers say this was a hoax.

Bike sharing has become an increasingly popular activity in Bucharest. I'Velo's bike sharing centers saw as many as 15,000 people using their bikes in the first week of August across Romania. Half of the users for I'Velo's free bikes were from Bucharest. Iasi and Cluj – Napoca followed with over 2,000 rentals each during the first week of August. Constanta came among last, with a bot over 1,000 rentals and, Targu Mures, with just below 800.

Drug producer Terapia Ranbaxy grew its sales by 21 percent in the first half of the year in Romania, to USD 48 million, according to the company's most recent financial report. The company was helped by the restructuring process and by rationalization, which counterbalanced the negative market conditions, according to the company.

Romanian diplomat Gabriel Grecu, who was working in Romania's embassy in Moscow, has been detained for being allegedly involved in the stealth of secret military information in Russia, according to Reuters, quoting Russia's Security Service.

The Romanian technical consumer goods market has slowed down its decrease in the second quarter of the year, with sales only 15 percent lower compared to the same period of last year, found a monitoring by GfK. However, the value of this market segment was slightly lower compared to the first quarter and the negative tendency could continue, if we take into account the VAT increase from July 1st.

Family Frost, a vending vans retail company which had entered the local market in 2008, announced its exit from Romania due to lower than expected sales, according to Romanian newspaper Ziarul Financiar, quoting company representatives.

Two men in Tulcea county, southeastern Romania, have been diagnosed with viral meningitis and are suspected of contracting the West Nile virus, according to Mediafax newswire. The tow patients, of 18 and 43, most likely got the virus through mosquito bites when they went fishing.

An exhibition of Romanian orthodox paintings created by local painter Calin Vadan will be on display starting September 2nd in Lisbon, at the National Archeology Museum, according to the Romanian Cultural Institute (ICR).

Several Romanian ministries and the World Bank are undertaking a Functional Review of their activity to identify actions that would improve the quality and cost-effectiveness of public services in the country, the World Bank has announced

Telecom operator Orange will launch a pre-paid card for Internet access tomorrow, with prices starting EUR 5, the company has announced. The announcement comes soon after its competitors, Vodafone and Comoste, had already launched such services.

Axl Rose, the leading singer of rock band Guns n'Roses, has announced the cancellation of all upcoming concerts. The announcement came on his Twitter account. However, media reports quoting various concert organizers say this was a hoax.

Bike sharing has become an increasingly popular activity in Bucharest. I'Velo's bike sharing centers saw as many as 15,000 people using their bikes in the first week of August across Romania. Half of the users for I'Velo's free bikes were from Bucharest. Iasi and Cluj – Napoca followed with over 2,000 rentals each during the first week of August. Constanta came among last, with a bot over 1,000 rentals and, Targu Mures, with just below 800.

Drug producer Terapia Ranbaxy grew its sales by 21 percent in the first half of the year in Romania, to USD 48 million, according to the company's most recent financial report. The company was helped by the restructuring process and by rationalization, which counterbalanced the negative market conditions, according to the company.

Romanian diplomat Gabriel Grecu, who was working in Romania's embassy in Moscow, has been detained for being allegedly involved in the stealth of secret military information in Russia, according to Reuters, quoting Russia's Security Service.