The gross domestic product (GDP) was down 2.3 percent in the first nine months of 2010, compared to the similar period of 2009, according to data released by the National Institute of Statistics (INS). The industry was the branch that registered the highest growth in activity volume, of 4.2 percent.

UniCredit plans to open 300 new bank outlets in Romania, out of a total of 900 outlets in the Central and Eastern Europe for the next five years, according to Federico Ghizzoni, the bank's delegate administrator.

Shift opened its doors in the summer of 2010 tucked away in General Eremia Grigorescu St. just behind Bulevadul Dacia, in that area of Bucharest that makes you feel as though you could be in Paris or Buenos Aires.

This week's travel destination in Romania is Sighişoara, one of the most beautiful and well preserved inhabited citadels in Europe. The city is located in the historic region of Transylvania, on the Târnava Mare River in Mureş county.

Several trains in Romania were canceled on Thursday morning due to the glaze on the contact wires on several routes. The following trains have been canceled:

Airline traffic on the two Bucharest airports, Otopeni and Baneasa was re-started on Thursday morning, with all flights on these airports operated normally, according to the Otopeni airport spokesman Valentin Iordache.

Saviana Stanescu is a Romanian-born playwright and one of the most outstanding Eastern European writers. She lives in New York City and teaches at the Drama Department at the New York University. Her plays have won important awards such as the John Golden Award for Excellence in Playwriting or the MARULIC Prize for Best European Radio-drama.

A recently published WikiLeaks document quotes former EU commissioner Chris Patten saying in 2004 that Romania was a “feral nation.” Patten's comments were recorded and send to US by the US Embassy in Brussels. “Croatia, Patten said, is probably far more prepared for EU membership than either Bulgaria or Romania, who will likely enter the Union earlier”.

Oil company OMV Petrom, which inaugurates its new Petrom City headquarters on Thursday, December 2, says it was not easy to continue the real estate project during the crisis. “As CFO, I must say it has not been easy to continue a project of such a scale, during a time when the economic environment proved to be unbeneficial.

*Fondul Proprietatea moves to court the fight for Romgaz' money – in Ziarul Financiar
*France say Romania is riskier than Spain – in Ziarul Financiar
*Oradea builds industrial park with EUR 10 million – in Ziarul Financiar
*Piraeus makes EUR 147 million revenues form Romanian operations in nine months – in Ziarul Financiar

The gross domestic product (GDP) was down 2.3 percent in the first nine months of 2010, compared to the similar period of 2009, according to data released by the National Institute of Statistics (INS). The industry was the branch that registered the highest growth in activity volume, of 4.2 percent.

UniCredit plans to open 300 new bank outlets in Romania, out of a total of 900 outlets in the Central and Eastern Europe for the next five years, according to Federico Ghizzoni, the bank's delegate administrator.

Shift opened its doors in the summer of 2010 tucked away in General Eremia Grigorescu St. just behind Bulevadul Dacia, in that area of Bucharest that makes you feel as though you could be in Paris or Buenos Aires.

This week's travel destination in Romania is Sighişoara, one of the most beautiful and well preserved inhabited citadels in Europe. The city is located in the historic region of Transylvania, on the Târnava Mare River in Mureş county.

Several trains in Romania were canceled on Thursday morning due to the glaze on the contact wires on several routes. The following trains have been canceled:

Airline traffic on the two Bucharest airports, Otopeni and Baneasa was re-started on Thursday morning, with all flights on these airports operated normally, according to the Otopeni airport spokesman Valentin Iordache.

Saviana Stanescu is a Romanian-born playwright and one of the most outstanding Eastern European writers. She lives in New York City and teaches at the Drama Department at the New York University. Her plays have won important awards such as the John Golden Award for Excellence in Playwriting or the MARULIC Prize for Best European Radio-drama.

A recently published WikiLeaks document quotes former EU commissioner Chris Patten saying in 2004 that Romania was a “feral nation.” Patten's comments were recorded and send to US by the US Embassy in Brussels. “Croatia, Patten said, is probably far more prepared for EU membership than either Bulgaria or Romania, who will likely enter the Union earlier”.

Oil company OMV Petrom, which inaugurates its new Petrom City headquarters on Thursday, December 2, says it was not easy to continue the real estate project during the crisis. “As CFO, I must say it has not been easy to continue a project of such a scale, during a time when the economic environment proved to be unbeneficial.

*Fondul Proprietatea moves to court the fight for Romgaz' money – in Ziarul Financiar
*France say Romania is riskier than Spain – in Ziarul Financiar
*Oradea builds industrial park with EUR 10 million – in Ziarul Financiar
*Piraeus makes EUR 147 million revenues form Romanian operations in nine months – in Ziarul Financiar