he Muddy Volcanoes in Buzau county are not the volcanoes you would expect. They're not the big, real volcanoes that scare off people and clog the European airspace with volcanic ash. Not by far. But they're a pretty amazing thing, hidden somewhere in the Buzau mountains.

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.

Car maker Ford will start production of a new car in its factory in Romania next year. It will be a small-size car which is not yet in Ford's portfolio, according to John Fleming, head of global manufacturing and labor affairs. 150,000 units of the new car will be produced each year, according to Fleming. Production should start towards September next year.

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.

The debut feature length movie 'Europolis', directed and produced by Romanian Cornel Gheorghita, has been selected for the International Film fetsival in Montreal, Festival des Films du Monde. The festival will take place between August 26 and September 6

Credit Europe Bank will redeem the clients whose bank accounts have been recently wiped out following unauthorized bank transactions. The bank has already repaid the first amounts and says it has the needed cash to cover these payments. It is yet to disclose the total amount which was taken out of customers' accounts.

Eugen Ionescu is a famous Romanian playwright who has developed a wide variety of surrealistic techniques in dramatics. His works initially labeled as avant-garde, helped him become one of the main playwrights of what is known as the Theater of the Absurd.

Rompetrol Rafinare, part of the Rompetrol Group, posted a net loss of USD 119 million in the first half of this year, the company has announced. At the same time, the operational result (EBITDA) was negative, amounting to USD 24,7 million. The company's consolidated turnover was of USD 1.76 billion, up 24 percent compared to the same period of last year.

The name of the alternative rock band Omul cu Sobolani, translated as 'The Man with Rats' has its roots in Freud's book, Rat-man.
The band was set up in 1997 in Constanta. OCS is made of Dan Amariei (vocals) Nicolae Arama (quitar), Cezar Panait (bass) and Mihnea Drobota (drums). The band has launched five albums so far, an EP and a single.

Romanian language number eight- currency exchange

he Muddy Volcanoes in Buzau county are not the volcanoes you would expect. They're not the big, real volcanoes that scare off people and clog the European airspace with volcanic ash. Not by far. But they're a pretty amazing thing, hidden somewhere in the Buzau mountains.

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.

Car maker Ford will start production of a new car in its factory in Romania next year. It will be a small-size car which is not yet in Ford's portfolio, according to John Fleming, head of global manufacturing and labor affairs. 150,000 units of the new car will be produced each year, according to Fleming. Production should start towards September next year.

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.

The debut feature length movie 'Europolis', directed and produced by Romanian Cornel Gheorghita, has been selected for the International Film fetsival in Montreal, Festival des Films du Monde. The festival will take place between August 26 and September 6

Credit Europe Bank will redeem the clients whose bank accounts have been recently wiped out following unauthorized bank transactions. The bank has already repaid the first amounts and says it has the needed cash to cover these payments. It is yet to disclose the total amount which was taken out of customers' accounts.

Eugen Ionescu is a famous Romanian playwright who has developed a wide variety of surrealistic techniques in dramatics. His works initially labeled as avant-garde, helped him become one of the main playwrights of what is known as the Theater of the Absurd.

Rompetrol Rafinare, part of the Rompetrol Group, posted a net loss of USD 119 million in the first half of this year, the company has announced. At the same time, the operational result (EBITDA) was negative, amounting to USD 24,7 million. The company's consolidated turnover was of USD 1.76 billion, up 24 percent compared to the same period of last year.

The name of the alternative rock band Omul cu Sobolani, translated as 'The Man with Rats' has its roots in Freud's book, Rat-man.
The band was set up in 1997 in Constanta. OCS is made of Dan Amariei (vocals) Nicolae Arama (quitar), Cezar Panait (bass) and Mihnea Drobota (drums). The band has launched five albums so far, an EP and a single.

Romanian language number eight- currency exchange