The Medieval Festival in Sighisoara, which started on Friday, July 23, and will last until Sunday, July 25, will host the first reunion in Romania of 13 Knight orders from the country and abroad. The event is organized under the slogan “Return of the Knights”.

Romanian media, New round of talks with IMF starts from 0.5% GDP decline scenario in 2011 – in Ziarul Financiar, Romanian shops no longer give fiscal receipts to make food cheaper– in Ziarul Financiar, iFond brings FP shares to the Stock Exchange sooner – in Ziarul Financiar, Four banks have 33 million euros to recoup from insolvent Impact – in Ziarul Financiar, 100 wind project have contracts with Transelectrica – in Ziarul Financiar,

Marius Hagger, general manager of media company Ringier Romania, will leave his position in Romania at the beginning of next year. He will be then joining the NZZ media group in Switzerland. Hagger has been working for Ringier in Romania since March 2008 as the general manager for the Romanian subsidiary. Ringier is yet to announce who will take his seat.

Foreign direct investments in Romania went down in May this year by 31.5 percent compared to the same month of 2009, according to the Foreign Investments Direction within the Romanian Center for the Promotion of Trade and Investments. It had been worse at the beginning of the year, when the FDI drop was of 73 percent, but investments increased during March, where the drop was of only 48 percent.

The Medieval Festival in Sighisoara, which started on Friday, July 23, and will last until Sunday, July 25, will host the first reunion in Romania of 13 Knight orders from the country and abroad. The event is organized under the slogan “Return of the Knights”.

The European Bank for Reconstruction and Development (EBRD) expects Romania to post an economic drop of 3 percent this year, which will reflect the evolution in the first quarter of the year and the fiscal measures taken as part of the agreement with the International Monetary Fund (IMF).

Movies in Bucharest cinemas this week-end: Knight and Day, Get Him to the Greek- watch trailers. See what other movies are coming up in the following weeks.

Events during the week-end in seaside and mountain resorts in Romania

Romanian film “Cinema Caravan” (Caravana cinematografica) by Titus Muntean is one of the seven feature length movies which have been selected for the Independent Movie Festival Anonimul. The festival will take place between August 9 and 15 at Sfantu Gheorghe, in the Danube Delta. The seven movies are competing for a prize of USD 3,000, which will be offered based on the votes coming from the festival's public.

Romanian nutritional supplements producer PlantExtract will build a drug production factory in Cluj – Napoca with an investment fund of EUR 2.5 million. This will be the company's second production unit. It will be located in Tetarom I industrial park and will double the company's production capacity.

The Medieval Festival in Sighisoara, which started on Friday, July 23, and will last until Sunday, July 25, will host the first reunion in Romania of 13 Knight orders from the country and abroad. The event is organized under the slogan “Return of the Knights”.

Romanian media, New round of talks with IMF starts from 0.5% GDP decline scenario in 2011 – in Ziarul Financiar, Romanian shops no longer give fiscal receipts to make food cheaper– in Ziarul Financiar, iFond brings FP shares to the Stock Exchange sooner – in Ziarul Financiar, Four banks have 33 million euros to recoup from insolvent Impact – in Ziarul Financiar, 100 wind project have contracts with Transelectrica – in Ziarul Financiar,

Marius Hagger, general manager of media company Ringier Romania, will leave his position in Romania at the beginning of next year. He will be then joining the NZZ media group in Switzerland. Hagger has been working for Ringier in Romania since March 2008 as the general manager for the Romanian subsidiary. Ringier is yet to announce who will take his seat.

Foreign direct investments in Romania went down in May this year by 31.5 percent compared to the same month of 2009, according to the Foreign Investments Direction within the Romanian Center for the Promotion of Trade and Investments. It had been worse at the beginning of the year, when the FDI drop was of 73 percent, but investments increased during March, where the drop was of only 48 percent.

The Medieval Festival in Sighisoara, which started on Friday, July 23, and will last until Sunday, July 25, will host the first reunion in Romania of 13 Knight orders from the country and abroad. The event is organized under the slogan “Return of the Knights”.

The European Bank for Reconstruction and Development (EBRD) expects Romania to post an economic drop of 3 percent this year, which will reflect the evolution in the first quarter of the year and the fiscal measures taken as part of the agreement with the International Monetary Fund (IMF).

Movies in Bucharest cinemas this week-end: Knight and Day, Get Him to the Greek- watch trailers. See what other movies are coming up in the following weeks.

Events during the week-end in seaside and mountain resorts in Romania

Romanian film “Cinema Caravan” (Caravana cinematografica) by Titus Muntean is one of the seven feature length movies which have been selected for the Independent Movie Festival Anonimul. The festival will take place between August 9 and 15 at Sfantu Gheorghe, in the Danube Delta. The seven movies are competing for a prize of USD 3,000, which will be offered based on the votes coming from the festival's public.

Romanian nutritional supplements producer PlantExtract will build a drug production factory in Cluj – Napoca with an investment fund of EUR 2.5 million. This will be the company's second production unit. It will be located in Tetarom I industrial park and will double the company's production capacity.