The Toro Company has purchased a plot of 3,5 hectares in Ploiesti West Park where it intends to build a manufacturing facility of 11,000 sqm that will employ approximately 100 people, once fully operational. Constructions will start in early 2011 and the facility will include production/assembly, warehouse and office space.

The Palace Hall in Bucharest will host on April 9 a concert of the famous French band Gipsy Kings. The concert is part of “The Gipsy Kings World Tour 2010-2011” which started last July in Los Angeles and will end on May 7, 2011 in Budapest.

Romanian housing prices will continue to decrease slightly in the first half of the year and will stabilize in the second half, according to evaluation firm Darian. Company representatives said they expect foreclosures to continue this year, which, coupled with more relaxed financing conditions, should ease real estate transactions this year.

The Portuguese Millennium Bank has launched a new business line for Romanian clients with high incomes. The new product, named Prestige features wealth management services, individual client approach, financial planning and counseling and also includes transactional, saving, lending and insurance products, as well as tailored investment products.

Yilmaz Yildirimlar, the general manager of the Radisson Blu hotel in Bucharest, has been appointed district director with Rezidor for South – East Europe. He will coordinate six hotels in Romania, the Czech Republic, Slovakia and Bulgaria.

Coca-Cola Hellenic's sales in Romania went down by 4 percent in volume last year, to 167.8 million unit cases, mainly due to difficult economic conditions and to the austerity measures, which have affected consumption demand, according to the company.

US company Hunt Oil has moved its London office to Bucharest, after having signed a partnership with OMV Petrom on two exploration licenses in Romania in September last year.

(Order modifying and completing the Order 53/25/2011 and Order approving the format and the content of various...

German rock band Scorpions will play a concert in Bucharest on June 9, at Zone Arena, part of their farewell tour...

Air carrier Carpatair posted a turnover of EUR 74 million last year, up 14 percent on the year before, the company has announced. The number of passengers Carpatair transported in 2010 reached 570,000, an increase of 13 percent on 2009.

The Toro Company has purchased a plot of 3,5 hectares in Ploiesti West Park where it intends to build a manufacturing facility of 11,000 sqm that will employ approximately 100 people, once fully operational. Constructions will start in early 2011 and the facility will include production/assembly, warehouse and office space.

The Palace Hall in Bucharest will host on April 9 a concert of the famous French band Gipsy Kings. The concert is part of “The Gipsy Kings World Tour 2010-2011” which started last July in Los Angeles and will end on May 7, 2011 in Budapest.

Romanian housing prices will continue to decrease slightly in the first half of the year and will stabilize in the second half, according to evaluation firm Darian. Company representatives said they expect foreclosures to continue this year, which, coupled with more relaxed financing conditions, should ease real estate transactions this year.

The Portuguese Millennium Bank has launched a new business line for Romanian clients with high incomes. The new product, named Prestige features wealth management services, individual client approach, financial planning and counseling and also includes transactional, saving, lending and insurance products, as well as tailored investment products.

Yilmaz Yildirimlar, the general manager of the Radisson Blu hotel in Bucharest, has been appointed district director with Rezidor for South – East Europe. He will coordinate six hotels in Romania, the Czech Republic, Slovakia and Bulgaria.

Coca-Cola Hellenic's sales in Romania went down by 4 percent in volume last year, to 167.8 million unit cases, mainly due to difficult economic conditions and to the austerity measures, which have affected consumption demand, according to the company.

US company Hunt Oil has moved its London office to Bucharest, after having signed a partnership with OMV Petrom on two exploration licenses in Romania in September last year.

(Order modifying and completing the Order 53/25/2011 and Order approving the format and the content of various...

German rock band Scorpions will play a concert in Bucharest on June 9, at Zone Arena, part of their farewell tour...

Air carrier Carpatair posted a turnover of EUR 74 million last year, up 14 percent on the year before, the company has announced. The number of passengers Carpatair transported in 2010 reached 570,000, an increase of 13 percent on 2009.