week-end events, seaside and mountain, august 13-15: Iron Maiden, FanFest, ARTMania, aero show, slow food festival

Seven Romanian and international movies will be screened in Crangasi park from August 16, part of the 'Cinema in the park' program. This is the second edition of the events, which will run until August 22. Entry will be free and screenings will start everyday at 21,30 hours. The event is organized by the Bucharest sector 6 city hall and the Transilvania International Film festival (TIFF).

The independent theater festival Undercloud will start this Sunday, August 16, on the La Motoare terrace, above the Bucharest National Theater. The festival, which will end on August 31, aims at promoting an independent theater movement and provide a summer theater season for those who love alternative culture.

The average room price of Bucharest hotels ranks 22nd in a top of 30 cities based on hotel prices, according to hotel.info, which has put together the top. The average price of a hotel room in Bucharest went up by 3 percent in July, to EUR 81.36, compared to the same month of last year. Compared to June 2008, the room price dropped by 19.4 percent.

Israeli president Shimon Peres, who started his official visit to Romania on Wednesday, August 11, said the Romanian president Traian Basescu is one of the most important and responsible leaders of the current period. This came after the Romanian president mentioned the country would support NATO and Israel should there be a conflict with Iran.

The National Authority for Management and Regulation in Communication of Romania (ANCOM) will organize a bid for telecom equipments in October. The regulation body is looking to buy equipments to modernize networks, Internet connection nodes and internal LAN equipments. The value of the contract will reach EUR 1.1 million.

The initial public offering (IPO) started by the iFond Financial investment fund has been oversubscribed by 3.5 times, according to preliminary data. The fund has raised RON 7 million- the equivalent of around EUR 1.6 million. The fund will invest half of its assets in Fondul Proprietatea shares.

Natural gas consumption in Romania reached 78.7 million Mwh in the first six months of the year, which was an increase of 10 percent compared to the same period of last year, according to data from the Energy regulation National Agency (ANRE).

Romania's wheat crop has been affected by floods and will stay below the expectations this season, although at a higher level than last year, according to the Agriculture Ministry. The country is expected to harvest 5.7 million tonnes of wheat, 1 million tonnes below the expected level. Most of the crop has already been harvested from 98 percent of the land.

Glasses made of recycled carton, created by a young Romanian living in Germany have stirred a fashion wave in Berlin. The carton glasses, Die Pappbrille, don't have lenses and their design is reminiscent of the 60s and 70s.

week-end events, seaside and mountain, august 13-15: Iron Maiden, FanFest, ARTMania, aero show, slow food festival

Seven Romanian and international movies will be screened in Crangasi park from August 16, part of the 'Cinema in the park' program. This is the second edition of the events, which will run until August 22. Entry will be free and screenings will start everyday at 21,30 hours. The event is organized by the Bucharest sector 6 city hall and the Transilvania International Film festival (TIFF).

The independent theater festival Undercloud will start this Sunday, August 16, on the La Motoare terrace, above the Bucharest National Theater. The festival, which will end on August 31, aims at promoting an independent theater movement and provide a summer theater season for those who love alternative culture.

The average room price of Bucharest hotels ranks 22nd in a top of 30 cities based on hotel prices, according to hotel.info, which has put together the top. The average price of a hotel room in Bucharest went up by 3 percent in July, to EUR 81.36, compared to the same month of last year. Compared to June 2008, the room price dropped by 19.4 percent.

Israeli president Shimon Peres, who started his official visit to Romania on Wednesday, August 11, said the Romanian president Traian Basescu is one of the most important and responsible leaders of the current period. This came after the Romanian president mentioned the country would support NATO and Israel should there be a conflict with Iran.

The National Authority for Management and Regulation in Communication of Romania (ANCOM) will organize a bid for telecom equipments in October. The regulation body is looking to buy equipments to modernize networks, Internet connection nodes and internal LAN equipments. The value of the contract will reach EUR 1.1 million.

The initial public offering (IPO) started by the iFond Financial investment fund has been oversubscribed by 3.5 times, according to preliminary data. The fund has raised RON 7 million- the equivalent of around EUR 1.6 million. The fund will invest half of its assets in Fondul Proprietatea shares.

Natural gas consumption in Romania reached 78.7 million Mwh in the first six months of the year, which was an increase of 10 percent compared to the same period of last year, according to data from the Energy regulation National Agency (ANRE).

Romania's wheat crop has been affected by floods and will stay below the expectations this season, although at a higher level than last year, according to the Agriculture Ministry. The country is expected to harvest 5.7 million tonnes of wheat, 1 million tonnes below the expected level. Most of the crop has already been harvested from 98 percent of the land.

Glasses made of recycled carton, created by a young Romanian living in Germany have stirred a fashion wave in Berlin. The carton glasses, Die Pappbrille, don't have lenses and their design is reminiscent of the 60s and 70s.