The Romanian Orthodox Church celebrates prophet Ilie on July 20. One of the most important prophets in the Old Testament, Saint Ilie is celebrated as a miracle worker and the one that brings rain during a drought period. This is also the period when the Maiden Fair on Gaina mountain takes place.

Enel Gren Power Romania and local company Elcomex will together build a wind farm in Dobrogea, the companies have...

The energy consumption in Romania, which was down in Romania last year on the previous, has actually managed to increase in the first seven months of this year, by 5.23 percent, compared to the same period of last year.

Local Indie band The Amsterdams will open for the Cranberries concert in Bucharest on Tuesday, July 20. The Amsterdams...

Former soccer player and current investor Gica Popescu (in picture) will invest EUR 10 million in a retail center in Rahova area of Bucharest, which will be called Doldora Bazaar, the businessman has announced. The retail center, which will sell both en-gross and en-detail products, will be built on the premises of a former industrial platform in the city.

Proffice, a company in the RTC group, expects to reach a ten percent market share on the encapsulated coffee products for office consumption in the next two years, a market with a potential of EUR 10 million, according to the company.

Romania's railway network was labeled in a catastrophic state due to lack of interest by authorities in a recent article by the Associated France Press. With the number of cars tripling in the last 20 years in Romania and with the degrading railways in the country, fewer and fewer passengers are choosing to ride the trains run by state-owned CFR. The company itself has been posting losses and has decided to increase the cost of a train ticket to somehow balance the loss.

Banca Comercial Romana (BCR) will restructure loans for its customers who can't keep up with paying their bills, mainly targeting the state budget employees, but including all customers who have seen decreasing revenues. These employees make up to 30 percent of the bank's customers.

International chain Domino's Pizza will enter the Romanian market through a franchise taken by the Radacini car dealership, according to Ziarul Financiar, quoting sources on the market. The new franchise will be launched next month, when it will open a delivery center in the Northern part of Bucharest, becoming a competitor for Pizza Hut chain.

A tempest has taken over the capital city Bucharest, which it various areas turned into a short-term hailstorm. The rain shower comes after a full day of heat, with high temperatures across Romania. Meteorologists have warned about weather unpredictability, with high changes of precipitations during these days in Romania.

The Romanian Orthodox Church celebrates prophet Ilie on July 20. One of the most important prophets in the Old Testament, Saint Ilie is celebrated as a miracle worker and the one that brings rain during a drought period. This is also the period when the Maiden Fair on Gaina mountain takes place.

Enel Gren Power Romania and local company Elcomex will together build a wind farm in Dobrogea, the companies have...

The energy consumption in Romania, which was down in Romania last year on the previous, has actually managed to increase in the first seven months of this year, by 5.23 percent, compared to the same period of last year.

Local Indie band The Amsterdams will open for the Cranberries concert in Bucharest on Tuesday, July 20. The Amsterdams...

Former soccer player and current investor Gica Popescu (in picture) will invest EUR 10 million in a retail center in Rahova area of Bucharest, which will be called Doldora Bazaar, the businessman has announced. The retail center, which will sell both en-gross and en-detail products, will be built on the premises of a former industrial platform in the city.

Proffice, a company in the RTC group, expects to reach a ten percent market share on the encapsulated coffee products for office consumption in the next two years, a market with a potential of EUR 10 million, according to the company.

Romania's railway network was labeled in a catastrophic state due to lack of interest by authorities in a recent article by the Associated France Press. With the number of cars tripling in the last 20 years in Romania and with the degrading railways in the country, fewer and fewer passengers are choosing to ride the trains run by state-owned CFR. The company itself has been posting losses and has decided to increase the cost of a train ticket to somehow balance the loss.

Banca Comercial Romana (BCR) will restructure loans for its customers who can't keep up with paying their bills, mainly targeting the state budget employees, but including all customers who have seen decreasing revenues. These employees make up to 30 percent of the bank's customers.

International chain Domino's Pizza will enter the Romanian market through a franchise taken by the Radacini car dealership, according to Ziarul Financiar, quoting sources on the market. The new franchise will be launched next month, when it will open a delivery center in the Northern part of Bucharest, becoming a competitor for Pizza Hut chain.

A tempest has taken over the capital city Bucharest, which it various areas turned into a short-term hailstorm. The rain shower comes after a full day of heat, with high temperatures across Romania. Meteorologists have warned about weather unpredictability, with high changes of precipitations during these days in Romania.