The local subsidiary of Oracle Corporation, signed a five-year agreement for a 14,000 sqm office area in two office buildings, Oracle Tower and Nusco Tower, according to The Advisers/Knight Frank, who represented Oracle in the deal. Oracle will move to the new premises in Nusco Tower starting this autumn.

Japanese car market Infiniti sold six cars in Romania since the beginning of the year, which was higher than qhat it has sold during the same period of last year: one Infiniti car.

Romania's tourism Brand Council, which held e meeting earlier today, has recommended the country kept the leaf in its recently launched logo, according to Paul Marasoiu, council member.

Peninsula Festival, which will take place for three days starting August 26 at Targu Mures, will include as many as 70 bands or singers playing in the festival's concerts (see list of all bands below). The event will also include movie screenings and other events organized by non-governmental institutions.

The shareholders of real estate developer BelRom, Kris Henri Remi Carton and Steven Van Den Bossche have bought land on the premises of the Electroputere Craiova factory and plan to build a shopping center on some of the area. The mall will be called Electroputere Shopping Center and will require investments of EUR 45 million.

Ten insurance companies have together accumulated a loss of EUR 80 million last year, according to a report published by the Insurance Surveillance Commission (CSA). The ten companies which have posted losses last year are Ardaf, BCR Asigurari, Fata Asigurari, Groupama, OTP Garancia, Certasig, Eureko, KD Life, Omniasig Viata and Signal Iduna. There are 40 insurance companies on the Romanian market.

The net profit of local lender BRD-Groupe Societe Generale went down by 13.7 percent in the first half of the year, to around EUR 88.6 million. Its net banking revenues was 7 percent higher, to EUR 422 million.

The Resurrection Church within the Sucevita monastery in Northern Romania was included in the global heritage list by...

Telecom operator RCS&RDS has introduced a new online bill payment facility. The facility was built in partnership with lender BCR and EuroPayment Services. The online payment facility is accessible through the telecom's operator webpage, through a Digi account

Ford's National Sales Company (CNV) for Romania has become operational and will sell the car maker's brands in Romania, as well as service and after sell services. Ford is thus ending the ten-year collaboration with Romcar, which used to sell the Ford cars in Romania.

The local subsidiary of Oracle Corporation, signed a five-year agreement for a 14,000 sqm office area in two office buildings, Oracle Tower and Nusco Tower, according to The Advisers/Knight Frank, who represented Oracle in the deal. Oracle will move to the new premises in Nusco Tower starting this autumn.

Japanese car market Infiniti sold six cars in Romania since the beginning of the year, which was higher than qhat it has sold during the same period of last year: one Infiniti car.

Romania's tourism Brand Council, which held e meeting earlier today, has recommended the country kept the leaf in its recently launched logo, according to Paul Marasoiu, council member.

Peninsula Festival, which will take place for three days starting August 26 at Targu Mures, will include as many as 70 bands or singers playing in the festival's concerts (see list of all bands below). The event will also include movie screenings and other events organized by non-governmental institutions.

The shareholders of real estate developer BelRom, Kris Henri Remi Carton and Steven Van Den Bossche have bought land on the premises of the Electroputere Craiova factory and plan to build a shopping center on some of the area. The mall will be called Electroputere Shopping Center and will require investments of EUR 45 million.

Ten insurance companies have together accumulated a loss of EUR 80 million last year, according to a report published by the Insurance Surveillance Commission (CSA). The ten companies which have posted losses last year are Ardaf, BCR Asigurari, Fata Asigurari, Groupama, OTP Garancia, Certasig, Eureko, KD Life, Omniasig Viata and Signal Iduna. There are 40 insurance companies on the Romanian market.

The net profit of local lender BRD-Groupe Societe Generale went down by 13.7 percent in the first half of the year, to around EUR 88.6 million. Its net banking revenues was 7 percent higher, to EUR 422 million.

The Resurrection Church within the Sucevita monastery in Northern Romania was included in the global heritage list by...

Telecom operator RCS&RDS has introduced a new online bill payment facility. The facility was built in partnership with lender BCR and EuroPayment Services. The online payment facility is accessible through the telecom's operator webpage, through a Digi account

Ford's National Sales Company (CNV) for Romania has become operational and will sell the car maker's brands in Romania, as well as service and after sell services. Ford is thus ending the ten-year collaboration with Romcar, which used to sell the Ford cars in Romania.