Vienna Insurance Group's companies active in Romania posted EUR 274 million of gross subscribed premiums in the first half of the year, a drop of 12.5 percent compared to the same period of 2009. However, VIG grew its profit in Romania by 18.7 percent, to EUR 14.3 million during this period. VIG owns BCR Asigurari de Viata, BCR Asigurari, Omniasig, Omniasig Life and Asirom in Romania.

Local company Avicarvil has finalized the first stage of the investment in “La Provincia, pui de casa” (La Provincia, farm chicken), whose business model relies on raising chicken in a traditional way and then selling poultry on the Romanian market. The company plans to invest in a a fodder factory which should be fueled by locally-produced fodder.

The Romanian Labor Code will be modified this fall to allow a simpler partnership between employer and employees, said Economy Minister Adriean Videanu. “We will have a pleasant surprise in fall. They are working on it,” said Videanu who attended a seminar about energy investments.

Week-end events in the mountain and seaside resorts for the period August 20-22

Week--end events in Bucharest between August 20-22

Bucharest is the most expensive market in Europe based on the report of revenues and the cost of housing, according to a study by Polish company Home Broker. Sofia and Warsaw follow in the top. The average annual salary in Romania, Bulgaria and Poland cover the purchase of only 1-2 square meters of housing in a downtown area.

Romania imported 3.1 million tonnes of equivalent petrol in the first half of this year, which was 10.8 percent less than in the same period of 2009, according to data from the National Institute of Statistics.

City Compass organizes its Discover Little Paris Tour on Saturday, August 22nd, at 9,30 hours. The meeting place to start the tour will be the entrance of the Cismigiu garden.

Reuven Havar, who used to run AFI Europe Romania, has been appointed CEO of Atlas Management, the investment division of the investment fund Atas Estates. He has replaced Nahman Tsabar effective of August 16. The investment fund owns a Golden Tulip hotel in Bucharest and several land plots.

Romanian language lesson number nine - learn words you could use in a trip to the mountains

Vienna Insurance Group's companies active in Romania posted EUR 274 million of gross subscribed premiums in the first half of the year, a drop of 12.5 percent compared to the same period of 2009. However, VIG grew its profit in Romania by 18.7 percent, to EUR 14.3 million during this period. VIG owns BCR Asigurari de Viata, BCR Asigurari, Omniasig, Omniasig Life and Asirom in Romania.

Local company Avicarvil has finalized the first stage of the investment in “La Provincia, pui de casa” (La Provincia, farm chicken), whose business model relies on raising chicken in a traditional way and then selling poultry on the Romanian market. The company plans to invest in a a fodder factory which should be fueled by locally-produced fodder.

The Romanian Labor Code will be modified this fall to allow a simpler partnership between employer and employees, said Economy Minister Adriean Videanu. “We will have a pleasant surprise in fall. They are working on it,” said Videanu who attended a seminar about energy investments.

Week-end events in the mountain and seaside resorts for the period August 20-22

Week--end events in Bucharest between August 20-22

Bucharest is the most expensive market in Europe based on the report of revenues and the cost of housing, according to a study by Polish company Home Broker. Sofia and Warsaw follow in the top. The average annual salary in Romania, Bulgaria and Poland cover the purchase of only 1-2 square meters of housing in a downtown area.

Romania imported 3.1 million tonnes of equivalent petrol in the first half of this year, which was 10.8 percent less than in the same period of 2009, according to data from the National Institute of Statistics.

City Compass organizes its Discover Little Paris Tour on Saturday, August 22nd, at 9,30 hours. The meeting place to start the tour will be the entrance of the Cismigiu garden.

Reuven Havar, who used to run AFI Europe Romania, has been appointed CEO of Atlas Management, the investment division of the investment fund Atas Estates. He has replaced Nahman Tsabar effective of August 16. The investment fund owns a Golden Tulip hotel in Bucharest and several land plots.

Romanian language lesson number nine - learn words you could use in a trip to the mountains