The Chevrolet brand sold 26 percent more cars in Romania in the first nine months of the year, compared to the same period of last year, according to the company. The Chevrolet brand went up four places in the top of car makers, reaching the sixth position.

Retailer Kaufland Romania will open a second hypermarket in Bistrita on a land plot three times larger than the one which hosts the existing Kaufland store in the city, according to Agerpress newswire.

Polish President Bronislaw Komorowski (in picture) will be on an official visit to Romania Monday and Tuesday, at the invitation of Romanian President Traian Basescu. Basescu and Komorowski will hold official talks, followed by a joint press conference.

Two investment funds, including a U.S.-based one, are interested in buying stakes in Romanian chemical company Oltchim Ramnicu-Valcea, should it be privatized, according to Karoly Borbely, state secretary within the local Economy Ministry, quoted by Mediafax newswire.

Thousands of pilgrims from across Romania and abroad have queued to pray at the Patriarchal Cathedral in Bucharest, at the Venerated Wood of the Holy Cross, brought from Greece and at the Holy Relics of Saint Dimitrie the New, protector of Bucharest. Romanians celebrate Saint Dimitrie on October 27 but the pilgrimage goes on during the entire week.

Romania may receive by the end of the year another tranche out of the EUR 13 billion stand-by loan from the International Monetary Fund, a fund official said Monday, quoted by Mediafax. The money will enter the central bank's reserves, said Jeffrey Franks, head of the IMF mission to Bucharest (in picture, right).

Nouvelle Vague, the French band that conquered the world with bossa nova covers of punk and new wave classics will return for a third concert in Romania, on November 22 at Sala Palatului. The event is, along with Herbie Hancock's concert, part of the Fusion Nights events staged at the Sala Palatului in Bucharest. MAP

British electro pop group 'We have band' will perform in Bucharest on November 5 in Control Club in the capital city (19 Academiei St., Victoriei Passage). MAP

Medical group Romgermed has appointed Razvan Stefanescu general manager, who joins the company after spending 17 years in management positions of multinational companies. Stefanescu will oversee the implementation of the company's EUR 5 million investment plan and continue expanding the company's chain of laboratories.

The American Chamber of Commerce in Romania (AmCham Romania), which represents 300 member companies, has called for maintaining the flat tax in Romania, along with capping social insurance contributions. These should become the central element for the country’s regional competitiveness, especially as Romania competes with countries having more favorable, stable and predictable fiscal regimes.

The Chevrolet brand sold 26 percent more cars in Romania in the first nine months of the year, compared to the same period of last year, according to the company. The Chevrolet brand went up four places in the top of car makers, reaching the sixth position.

Retailer Kaufland Romania will open a second hypermarket in Bistrita on a land plot three times larger than the one which hosts the existing Kaufland store in the city, according to Agerpress newswire.

Polish President Bronislaw Komorowski (in picture) will be on an official visit to Romania Monday and Tuesday, at the invitation of Romanian President Traian Basescu. Basescu and Komorowski will hold official talks, followed by a joint press conference.

Two investment funds, including a U.S.-based one, are interested in buying stakes in Romanian chemical company Oltchim Ramnicu-Valcea, should it be privatized, according to Karoly Borbely, state secretary within the local Economy Ministry, quoted by Mediafax newswire.

Thousands of pilgrims from across Romania and abroad have queued to pray at the Patriarchal Cathedral in Bucharest, at the Venerated Wood of the Holy Cross, brought from Greece and at the Holy Relics of Saint Dimitrie the New, protector of Bucharest. Romanians celebrate Saint Dimitrie on October 27 but the pilgrimage goes on during the entire week.

Romania may receive by the end of the year another tranche out of the EUR 13 billion stand-by loan from the International Monetary Fund, a fund official said Monday, quoted by Mediafax. The money will enter the central bank's reserves, said Jeffrey Franks, head of the IMF mission to Bucharest (in picture, right).

Nouvelle Vague, the French band that conquered the world with bossa nova covers of punk and new wave classics will return for a third concert in Romania, on November 22 at Sala Palatului. The event is, along with Herbie Hancock's concert, part of the Fusion Nights events staged at the Sala Palatului in Bucharest. MAP

British electro pop group 'We have band' will perform in Bucharest on November 5 in Control Club in the capital city (19 Academiei St., Victoriei Passage). MAP

Medical group Romgermed has appointed Razvan Stefanescu general manager, who joins the company after spending 17 years in management positions of multinational companies. Stefanescu will oversee the implementation of the company's EUR 5 million investment plan and continue expanding the company's chain of laboratories.

The American Chamber of Commerce in Romania (AmCham Romania), which represents 300 member companies, has called for maintaining the flat tax in Romania, along with capping social insurance contributions. These should become the central element for the country’s regional competitiveness, especially as Romania competes with countries having more favorable, stable and predictable fiscal regimes.