Eolica Dobrogea, which is developing wind farms in several localities in Dobrogea, including Cogealac, will ask the Cogealac city hall to organize a referendum for all inhabitants to decide on how the wind energy potential in the area will be used. The inhabitants should also decide on how the EUR 3.5 billion revenues to the local budget will be used, Eolica said in a statement earlier today.

Romanian investment fund Fondul Proprietatea (Proprietatea Fund) will be most likely floated the Bucharest Stock Exchange in January next year, as well as on a foreign stock market, possibly the London one, according to Greg Konieczny, fund manager for Franklin Templeton in Romania, quoted by the Money Channel.

Rominserv, a company in the Rompetrol group, has signed an agreement with Portuguese Prio SGPS to build four vegetable oil tanks, with an investment estimated at USD 2.1 million, Rompetrol has announced. The tanks are part of the vegetable oil extraction plant in Lehliu.

Almost a quarter of Romanians pay they bills using automated payment machines, which is double the European average, found a study by Intella Information. However, most Romanians still prefer to receive the paper bills – only eight percent of those included in the study said they chose electronic bills.

Local lender BRD has opened a EUR 50 million credit line from the European Bank for Reconstruction and Development (EBRD), which it intends to use to offer loans for small and medium enterprises.

Central European Media Enterprises, which owns several TV stations in Romania, posted USD 80 million in net revenues in the first half of the year, down USD 4 million on the same period of last year. The first quarter of the year meant net revenues of USD 43 million for the company in Romania, down USD 5 million on the first quarter of 2009.

The Finance Ministry sold EUR 1.2 billion of state titles today, three times more than it was planning. The average yield a year for these certificates is of 4.9 percent a year. The demand for the state titles was even higher – of EUR 1.37 billion. The state titles have a one-year maturity.

Romanian media, Boc goes after the fortunes of businesspeople, the only ones who can pull the country out of the crisis – in Ziarul Financiar, Franks spent over 6 hours at the NBR to discuss on economic revival – in Ziarul Financiar, Dacia close to completing future Logan, codenamed "X52" – in Ziarul Financiar, Top ten insurers made 1,400 employees redundant in a year – in Ziarul Financiar, Romanians get 4bn fiscal receipts a year for food and detergents – in Ziarul Financiar

Air carrier FlyNiki, owned by Formula 1 champion Niki Lauda and by Air Berlin, will increase the number of flights to and from Bucharest on the Bucharest – Vienna route starting October this year

Nicolas Cage's sequel to the Ghost Rider will most likely have several scenes which will be filmed in Romania, the actor...

Eolica Dobrogea, which is developing wind farms in several localities in Dobrogea, including Cogealac, will ask the Cogealac city hall to organize a referendum for all inhabitants to decide on how the wind energy potential in the area will be used. The inhabitants should also decide on how the EUR 3.5 billion revenues to the local budget will be used, Eolica said in a statement earlier today.

Romanian investment fund Fondul Proprietatea (Proprietatea Fund) will be most likely floated the Bucharest Stock Exchange in January next year, as well as on a foreign stock market, possibly the London one, according to Greg Konieczny, fund manager for Franklin Templeton in Romania, quoted by the Money Channel.

Rominserv, a company in the Rompetrol group, has signed an agreement with Portuguese Prio SGPS to build four vegetable oil tanks, with an investment estimated at USD 2.1 million, Rompetrol has announced. The tanks are part of the vegetable oil extraction plant in Lehliu.

Almost a quarter of Romanians pay they bills using automated payment machines, which is double the European average, found a study by Intella Information. However, most Romanians still prefer to receive the paper bills – only eight percent of those included in the study said they chose electronic bills.

Local lender BRD has opened a EUR 50 million credit line from the European Bank for Reconstruction and Development (EBRD), which it intends to use to offer loans for small and medium enterprises.

Central European Media Enterprises, which owns several TV stations in Romania, posted USD 80 million in net revenues in the first half of the year, down USD 4 million on the same period of last year. The first quarter of the year meant net revenues of USD 43 million for the company in Romania, down USD 5 million on the first quarter of 2009.

The Finance Ministry sold EUR 1.2 billion of state titles today, three times more than it was planning. The average yield a year for these certificates is of 4.9 percent a year. The demand for the state titles was even higher – of EUR 1.37 billion. The state titles have a one-year maturity.

Romanian media, Boc goes after the fortunes of businesspeople, the only ones who can pull the country out of the crisis – in Ziarul Financiar, Franks spent over 6 hours at the NBR to discuss on economic revival – in Ziarul Financiar, Dacia close to completing future Logan, codenamed "X52" – in Ziarul Financiar, Top ten insurers made 1,400 employees redundant in a year – in Ziarul Financiar, Romanians get 4bn fiscal receipts a year for food and detergents – in Ziarul Financiar

Air carrier FlyNiki, owned by Formula 1 champion Niki Lauda and by Air Berlin, will increase the number of flights to and from Bucharest on the Bucharest – Vienna route starting October this year

Nicolas Cage's sequel to the Ghost Rider will most likely have several scenes which will be filmed in Romania, the actor...