Romanian IT&C company Asesoft Distribution's own brand, Serioux, was the best sold of its products, with USD 10 million in sales last year, according to the company. Asesoft hopes to grow sales to USD 14 million for this brand in 2011 according to Razvan Ziemba (in picture), the company's general manager.

Romanians who will take out loans within the “First Home” state backed lending program must guarantee their loan with their current account and can file currency swap requests, according to the explanatory note to a Government decision which amends the norms implementing the program.

Address: 2 Stefan Dumitru St., Old Tow

This restaurant is named after Sergiu Malagamba, the Moldovan Jazz drummer from the 1940′s and if Malagamba were still alive, I feel he would be proud to lend his name to this new establishment.

Mark Mobius (in picture), the executive president of Templeton Emerging Markets Group, said he expects a long process to recover the recently debated donation from Romgaz to the Romanian state, but Franklin Templeton will take all the measures to recover the money.

Enel Green Power's new wind park in Dobrogea area of Romania has become functional and will produce an estimated 85.5 million KWh a year. The Salbatica wind park, located near Tulcea, in North Dobrogea, will cover the power demand of 29.000 households.

Romanian Andromede Decor, the owner of gift and home decor retailer bam boo, has entered insolvency procedures in order to reorganize its activity. We started reorganization procedures in order to adapt our business to the realities of the current economy," according to Philippe Eustratiades, manager at Andromede Decor.

Cocor SA, the company which owns Cocor Department Store, doubled its turnover in the fourth quarter of the year compared to the same period of 2009, after the renovation process of the store was finalized. The company posted a EUR 1.95 million turnover in the last quarter of 2010, while its profit was of EUR 651,000. The profit grew from almost EUR 7,000 in the same quarter of 2009.

Romanians who were compensated for their communism-seized property in Fondul Proprietatea stock will not be taxed on the profit achieved in selling the shares on the stock market, according to Dana Mirela Ionescu, head of brokerage firm Raiffeisen Capital&Investment (in picture).

Romanian lender BCR witnessed an increase of 29 percent in the volume of card transactions at retailers in 2010 and plans to grow this volume by 20 percent this year.

Qatar Airways has inaugurated the first direct flight connecting Romania and Qatar. The airline flies from Bucharest to Doha, but also to destinations like Bangkok, Denpasar, Dubai, Maldives and Melbourne. Qatar Airways operates four flights a week on the new route, according to their website.

Romanian IT&C company Asesoft Distribution's own brand, Serioux, was the best sold of its products, with USD 10 million in sales last year, according to the company. Asesoft hopes to grow sales to USD 14 million for this brand in 2011 according to Razvan Ziemba (in picture), the company's general manager.

Romanians who will take out loans within the “First Home” state backed lending program must guarantee their loan with their current account and can file currency swap requests, according to the explanatory note to a Government decision which amends the norms implementing the program.

Address: 2 Stefan Dumitru St., Old Tow

This restaurant is named after Sergiu Malagamba, the Moldovan Jazz drummer from the 1940′s and if Malagamba were still alive, I feel he would be proud to lend his name to this new establishment.

Mark Mobius (in picture), the executive president of Templeton Emerging Markets Group, said he expects a long process to recover the recently debated donation from Romgaz to the Romanian state, but Franklin Templeton will take all the measures to recover the money.

Enel Green Power's new wind park in Dobrogea area of Romania has become functional and will produce an estimated 85.5 million KWh a year. The Salbatica wind park, located near Tulcea, in North Dobrogea, will cover the power demand of 29.000 households.

Romanian Andromede Decor, the owner of gift and home decor retailer bam boo, has entered insolvency procedures in order to reorganize its activity. We started reorganization procedures in order to adapt our business to the realities of the current economy," according to Philippe Eustratiades, manager at Andromede Decor.

Cocor SA, the company which owns Cocor Department Store, doubled its turnover in the fourth quarter of the year compared to the same period of 2009, after the renovation process of the store was finalized. The company posted a EUR 1.95 million turnover in the last quarter of 2010, while its profit was of EUR 651,000. The profit grew from almost EUR 7,000 in the same quarter of 2009.

Romanians who were compensated for their communism-seized property in Fondul Proprietatea stock will not be taxed on the profit achieved in selling the shares on the stock market, according to Dana Mirela Ionescu, head of brokerage firm Raiffeisen Capital&Investment (in picture).

Romanian lender BCR witnessed an increase of 29 percent in the volume of card transactions at retailers in 2010 and plans to grow this volume by 20 percent this year.

Qatar Airways has inaugurated the first direct flight connecting Romania and Qatar. The airline flies from Bucharest to Doha, but also to destinations like Bangkok, Denpasar, Dubai, Maldives and Melbourne. Qatar Airways operates four flights a week on the new route, according to their website.