Mercadia, the retail company controlled by Romanian billionaire Dinu Patriciu (in picture), will invest EUR 100 million in the Mic.ro network of stores, turning 2,000 of them into mobile stores. The company will buy cars and turns them into mobile stores. The company already signed for 1,000 Fiat Ducato cars with importer Autoitalia.

*National Bank officials about the possibility to exit crisis: the budget adjustment is just the start of reforms – in Ziarul Financiar
*Patriciu wants to invest EUR 100 million in putting Mic.ro on wheels – in Ziarul Financiar
*Astra profit grows four times in nine months to EUR 4.3 million – in Ziarul Financiar
*Ardaf won EUR 2.6 million but its business dropped 23 percent – in Ziarul Financiar
*BCR Life Insurance sees business up 37 percent – in Ziarul Financiar

The use of renewable energy sources, the increase in energy efficiency and a clean and safe energy infrastructure are all challenges that once accomplished might boost Romanian productivity and thus competitiveness. Romania-insider.com looks at the structural funds for economic competitiveness and at the companies that got them.

Calendar of events for the period November 15-18; business events, workshops, press conferences, exhibitions

The Romanian gross domestic product (GDP) contracted by 0.7 percent in the third quarter of this year from the second and it dropped by 2.3 percent from January to September, according to the National Institute of Statistics. The Romanian GDP in the third quarter shrank by 2.5 percent in gross series compared to July-Sept. of 2009 and by 2.3 percent by seasonally adjusted series.

Two tourism associations, APDT Brasov and Association Monteoru Renaissance have recently launched the Carpathian Tourism Cluster Romania, a network of regional and national stakeholders in the Romanian tourism industry. The aim of this cluster is to support sustainable tourism development and create additional value for the tourism industry in region of the Carpathian Mountains. Members of the cluster are tourism development associations, NGOs, local and national authorities, tour operators, travel agencies, tourism guides, event agencies, suppliers of the tourism industry and service and consulting companies.

Address: Strada Benjamin Franklin Nr. 14

Phone: +40 (0)741 123 098

Web: www.fourteen.ro

Fourteen is an English...

Yet another week-end full of events in Bucharest, so again plenty of things to choose from if you're staying in the capital city. There's the Damian Draghici concert coming up on Friday evening, the Sex Pistol Experience (in picture) event on Saturday- both of them not to miss. The Mono Jacks, the Logistics concerts and two tribute events, for Michael Jackson and for U2 will fill your week-end evenings. During the day, you can choose the Earth Market - traditional, healthy products - or Kilipirim - the bargains fair.

See the list of events below. Whatever you choose, we hope you'll enjoy it. Maybe you could also drop us a line to tell us about the events you attended.

Several companies announced their financial results yesterday and the Romanian media was quick to capture them: A&D Pharma, Rompetrol Rafinare, Ranbaxy, Edy International Spedition. Most of them posted positive results, which trigger hopes of growth for the future too. Meanwhile, a new real estate investment was announced: the Electroputere shopping center in Craiova, which will include an Auchan hypermarket and several other retail brands from the portfolio owned by billionaire family Mulliez, writes the local media. Read more headlines from the Romanian and international media.

Movies opening this week-end:

Unstoppable (trailer below)

with Denzel Washington, Chris Pine

On at: Movieplex Cinema...

Mercadia, the retail company controlled by Romanian billionaire Dinu Patriciu (in picture), will invest EUR 100 million in the Mic.ro network of stores, turning 2,000 of them into mobile stores. The company will buy cars and turns them into mobile stores. The company already signed for 1,000 Fiat Ducato cars with importer Autoitalia.

*National Bank officials about the possibility to exit crisis: the budget adjustment is just the start of reforms – in Ziarul Financiar
*Patriciu wants to invest EUR 100 million in putting Mic.ro on wheels – in Ziarul Financiar
*Astra profit grows four times in nine months to EUR 4.3 million – in Ziarul Financiar
*Ardaf won EUR 2.6 million but its business dropped 23 percent – in Ziarul Financiar
*BCR Life Insurance sees business up 37 percent – in Ziarul Financiar

The use of renewable energy sources, the increase in energy efficiency and a clean and safe energy infrastructure are all challenges that once accomplished might boost Romanian productivity and thus competitiveness. Romania-insider.com looks at the structural funds for economic competitiveness and at the companies that got them.

Calendar of events for the period November 15-18; business events, workshops, press conferences, exhibitions

The Romanian gross domestic product (GDP) contracted by 0.7 percent in the third quarter of this year from the second and it dropped by 2.3 percent from January to September, according to the National Institute of Statistics. The Romanian GDP in the third quarter shrank by 2.5 percent in gross series compared to July-Sept. of 2009 and by 2.3 percent by seasonally adjusted series.

Two tourism associations, APDT Brasov and Association Monteoru Renaissance have recently launched the Carpathian Tourism Cluster Romania, a network of regional and national stakeholders in the Romanian tourism industry. The aim of this cluster is to support sustainable tourism development and create additional value for the tourism industry in region of the Carpathian Mountains. Members of the cluster are tourism development associations, NGOs, local and national authorities, tour operators, travel agencies, tourism guides, event agencies, suppliers of the tourism industry and service and consulting companies.

Address: Strada Benjamin Franklin Nr. 14

Phone: +40 (0)741 123 098

Web: www.fourteen.ro

Fourteen is an English...

Yet another week-end full of events in Bucharest, so again plenty of things to choose from if you're staying in the capital city. There's the Damian Draghici concert coming up on Friday evening, the Sex Pistol Experience (in picture) event on Saturday- both of them not to miss. The Mono Jacks, the Logistics concerts and two tribute events, for Michael Jackson and for U2 will fill your week-end evenings. During the day, you can choose the Earth Market - traditional, healthy products - or Kilipirim - the bargains fair.

See the list of events below. Whatever you choose, we hope you'll enjoy it. Maybe you could also drop us a line to tell us about the events you attended.

Several companies announced their financial results yesterday and the Romanian media was quick to capture them: A&D Pharma, Rompetrol Rafinare, Ranbaxy, Edy International Spedition. Most of them posted positive results, which trigger hopes of growth for the future too. Meanwhile, a new real estate investment was announced: the Electroputere shopping center in Craiova, which will include an Auchan hypermarket and several other retail brands from the portfolio owned by billionaire family Mulliez, writes the local media. Read more headlines from the Romanian and international media.

Movies opening this week-end:

Unstoppable (trailer below)

with Denzel Washington, Chris Pine

On at: Movieplex Cinema...