Romanians who were compensated for their communism-seized property in Fondul Proprietatea stock will not be taxed on the profit achieved in selling the shares on the stock market, according to Dana Mirela Ionescu, head of brokerage firm Raiffeisen Capital&Investment (in picture).

Romanian lender BCR witnessed an increase of 29 percent in the volume of card transactions at retailers in 2010 and plans to grow this volume by 20 percent this year.

Qatar Airways has inaugurated the first direct flight connecting Romania and Qatar. The airline flies from Bucharest to Doha, but also to destinations like Bangkok, Denpasar, Dubai, Maldives and Melbourne. Qatar Airways operates four flights a week on the new route, according to their website.

Several Romanian tourism development associations have recently launched the mobile cooking Romania program, which combines sightseeing of spectacular places with cooking and tasting of culinary treasures of the Carpathian garden. The project is organized by the Carpathian Tourism Cluster, the Monteoru Renaissance association, the Brasov tourism association and the Association of Truffle Hunters in Romania.

The International School for Primary Education organizes a cocktail evening on February 12, starting 20,00 hours, at the Terra Grand Ballroom within the Ramada Parc hotel in Bucharest.

Deloitte Romania has appointed Dan Bădin Partner and head of the direct tax and transfer pricing consultancy.

Romania will pay the International Monetary Fund interest worth EUR300 million for the loan installments transferred this year. Thus, interest paid this year is similar to the amount paid last year. The first tranche is set for February 1.

Traffic on the Constanta County waterways in southeastern Romania, specifically along the Danube - Black Sea Canal and the Poarta Alba - Midia Navodari Canal, grew by 4.8 million tonnes in volume in by 3 million tonnes of freight 2010 compared to 2009.

Romania’s Government plans to merge three electricity suppliers into a single unit running under state-owned electricity supplier Electrica, according to an official government document obtained by Mediafax newswire.

Swedish fashion retailer H&M will open the first store in Romania in March this year, in AFI Palace Cotroceni and plans to open six stores in the first half of 2011, according to Wall-street.ro. H&M plans to hire at least 300 people in Romania by the end of the year.

Romanians who were compensated for their communism-seized property in Fondul Proprietatea stock will not be taxed on the profit achieved in selling the shares on the stock market, according to Dana Mirela Ionescu, head of brokerage firm Raiffeisen Capital&Investment (in picture).

Romanian lender BCR witnessed an increase of 29 percent in the volume of card transactions at retailers in 2010 and plans to grow this volume by 20 percent this year.

Qatar Airways has inaugurated the first direct flight connecting Romania and Qatar. The airline flies from Bucharest to Doha, but also to destinations like Bangkok, Denpasar, Dubai, Maldives and Melbourne. Qatar Airways operates four flights a week on the new route, according to their website.

Several Romanian tourism development associations have recently launched the mobile cooking Romania program, which combines sightseeing of spectacular places with cooking and tasting of culinary treasures of the Carpathian garden. The project is organized by the Carpathian Tourism Cluster, the Monteoru Renaissance association, the Brasov tourism association and the Association of Truffle Hunters in Romania.

The International School for Primary Education organizes a cocktail evening on February 12, starting 20,00 hours, at the Terra Grand Ballroom within the Ramada Parc hotel in Bucharest.

Deloitte Romania has appointed Dan Bădin Partner and head of the direct tax and transfer pricing consultancy.

Romania will pay the International Monetary Fund interest worth EUR300 million for the loan installments transferred this year. Thus, interest paid this year is similar to the amount paid last year. The first tranche is set for February 1.

Traffic on the Constanta County waterways in southeastern Romania, specifically along the Danube - Black Sea Canal and the Poarta Alba - Midia Navodari Canal, grew by 4.8 million tonnes in volume in by 3 million tonnes of freight 2010 compared to 2009.

Romania’s Government plans to merge three electricity suppliers into a single unit running under state-owned electricity supplier Electrica, according to an official government document obtained by Mediafax newswire.

Swedish fashion retailer H&M will open the first store in Romania in March this year, in AFI Palace Cotroceni and plans to open six stores in the first half of 2011, according to Wall-street.ro. H&M plans to hire at least 300 people in Romania by the end of the year.