Security company Scorseze Security will watch over the Bucharest metro security in the next four years, after the company signed a EUR 12.1 million (RON 51.79 million) contract with state company Metrorex. The public contract was offered after a negotiation procedure, according to a Metrorex announcement. The state company had received three offers for security services in the metro system.

Zone Arena, which has hosted several concerts this year in Bucharest, will be demolished, as the owners of the land plot didn't have any permits to build the stage and the tribunes on the land plot. The Sector 2 City hall has asked Arena Invest, the company which owns the property, to demolish the existing constructions on the site.

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

Week-end events in Bucharest, July 23-25

Romanian media, Mioveni, Jucu, and Navodari, the trio that helped drive exports to 10bn euros – in Ziarul Financiar, Consumption rebound on durable goods market can come from rural areas– in Ziarul Financiar, Romanian state puts up for sale 450m-euro stakes on Stock Exchange – in Ziarul Financiar, BCR's strategy: Specialised companies take over operations from bank – in Ziarul Financiar, First IPO in 2010: Intercapital raises money for a fund to invest in Fondul Proprietatea – in Ziarul Financiar

Automobile Dacia, Nokia Romania, Rompetrol Rafinare, ArcelorMittal Galati and OMV Petrom were the main exporters from Romania in the first four months of the year, when Romanian exports found a way our of recession, according to data from the National Association of Exporters and Importers (ANEIR).

This is a story written by Steven van Groningen on his personal blog. A story about non-performing loans, Romanian accounting standards and the country's risk premium. A must-read story written by a banker in Romania.

Consumer credit company Provident Financial Romania granted in the first half of this year loans worth more than EUR 42 million, up from 30 million EUR at the end of June 2009. The company had at the end of June 2010 over 187,000 customers, up from 120,000 customers in June 2009. Its revenues went up to nearly 30 million EUR from 17.5 million EUR in the first half of 2009.

Romania ranks second in terms of the hourly workforce cost increase among the newest ten EU member states, shows a recent report from the World Bank. The recently issued report on economic development in EU 10 (the countries which joined the EU in 2004 and 2007) shows most of the countries have simplified the procedures to access EU funds, monitor and manage these funds, while Romania has taken measures only on the implementation of these funds.

Take shelter for the storm in Bucharest during the following hours hours – especially in the North and the West of the city, where a storm warning has been released. Meteorologists expect hailstorms and thunderstorms in the capital city.

Security company Scorseze Security will watch over the Bucharest metro security in the next four years, after the company signed a EUR 12.1 million (RON 51.79 million) contract with state company Metrorex. The public contract was offered after a negotiation procedure, according to a Metrorex announcement. The state company had received three offers for security services in the metro system.

Zone Arena, which has hosted several concerts this year in Bucharest, will be demolished, as the owners of the land plot didn't have any permits to build the stage and the tribunes on the land plot. The Sector 2 City hall has asked Arena Invest, the company which owns the property, to demolish the existing constructions on the site.

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

Week-end events in Bucharest, July 23-25

Romanian media, Mioveni, Jucu, and Navodari, the trio that helped drive exports to 10bn euros – in Ziarul Financiar, Consumption rebound on durable goods market can come from rural areas– in Ziarul Financiar, Romanian state puts up for sale 450m-euro stakes on Stock Exchange – in Ziarul Financiar, BCR's strategy: Specialised companies take over operations from bank – in Ziarul Financiar, First IPO in 2010: Intercapital raises money for a fund to invest in Fondul Proprietatea – in Ziarul Financiar

Automobile Dacia, Nokia Romania, Rompetrol Rafinare, ArcelorMittal Galati and OMV Petrom were the main exporters from Romania in the first four months of the year, when Romanian exports found a way our of recession, according to data from the National Association of Exporters and Importers (ANEIR).

This is a story written by Steven van Groningen on his personal blog. A story about non-performing loans, Romanian accounting standards and the country's risk premium. A must-read story written by a banker in Romania.

Consumer credit company Provident Financial Romania granted in the first half of this year loans worth more than EUR 42 million, up from 30 million EUR at the end of June 2009. The company had at the end of June 2010 over 187,000 customers, up from 120,000 customers in June 2009. Its revenues went up to nearly 30 million EUR from 17.5 million EUR in the first half of 2009.

Romania ranks second in terms of the hourly workforce cost increase among the newest ten EU member states, shows a recent report from the World Bank. The recently issued report on economic development in EU 10 (the countries which joined the EU in 2004 and 2007) shows most of the countries have simplified the procedures to access EU funds, monitor and manage these funds, while Romania has taken measures only on the implementation of these funds.

Take shelter for the storm in Bucharest during the following hours hours – especially in the North and the West of the city, where a storm warning has been released. Meteorologists expect hailstorms and thunderstorms in the capital city.