German IT security company company Astaro has taken over Cluj – based firm Cososys, which specializes in software to prevent electronic data theft.

The Executive Board of the International Monetary Fund (IMF) has completed the sixth review of Romania’s economic performance and has approved the EUR 904 million loan tranche for the country. This brings the total disbursements under the program to EUR 12.44 billion so far.

Irish band U2 could perform in Bucharest in September this year, inaugurating the Lia Manoliu stadium in the Romanian capital city, if the discussions with the band's representative will reach an agreement, according to Mediafax newswire, quoting sources in the Bucharest City Hall.

Low cost airline Wizz Air carried 2.1 million passengers to and from Romania last year, up 33 percent compared to the previous year, according to the company. Wizz Air, with 42 permanent routes serving Romania, has also announced new ones: Bucharest – Bari, Bucharest – Alicante, Bucharest – Eindhoven and Cluj – Larnaca.

Romania will spend EUR 88 million, of which EUR 23.7 million coming from EU funding, on improving the infrastructure and safety on the national road DN 1, which links Bucharest to Prahova valley – the main mountain resorts and to the North – West of the country.

The Bucharest City Hall will pay around EUR 42,500 for a ten-minute film presenting the Romanian capital city. The winner of the bid to create this film is Stage Expert, which has previously won the bid for video and audio services for Romania's attendance at the Expo Shanghai 2010.

The Romanian Central Bank (BNR) has approved Omer Tetik's naming as the president and head of the administration council for Credit Europe Bank. Tetik (in picture) aims to relaunch the bank's lending activity this year, while increasing operational efficiency, he said.

Six years after the Fondul Proprietatea was create, the Bucharest Stock Exchange has approved the Fondul Proprietatea listing on the spot regulated market from January 25, according to Franklin Templeton, the fund manager. The listing will be carried through without an initial public offering (IPO).

The International Monetary Fund will make available for Romania EUR 3.6 billion in a new, precautionary deal that will be signed after the current stand-by agreement expires in April, according to Mediafax newswire, quoting people close to the talks.

Friday, January 7 (click on location name for MAP)

09,00 Beyond the White Cube exhibition by Monica Morariu at the Roma...

German IT security company company Astaro has taken over Cluj – based firm Cososys, which specializes in software to prevent electronic data theft.

The Executive Board of the International Monetary Fund (IMF) has completed the sixth review of Romania’s economic performance and has approved the EUR 904 million loan tranche for the country. This brings the total disbursements under the program to EUR 12.44 billion so far.

Irish band U2 could perform in Bucharest in September this year, inaugurating the Lia Manoliu stadium in the Romanian capital city, if the discussions with the band's representative will reach an agreement, according to Mediafax newswire, quoting sources in the Bucharest City Hall.

Low cost airline Wizz Air carried 2.1 million passengers to and from Romania last year, up 33 percent compared to the previous year, according to the company. Wizz Air, with 42 permanent routes serving Romania, has also announced new ones: Bucharest – Bari, Bucharest – Alicante, Bucharest – Eindhoven and Cluj – Larnaca.

Romania will spend EUR 88 million, of which EUR 23.7 million coming from EU funding, on improving the infrastructure and safety on the national road DN 1, which links Bucharest to Prahova valley – the main mountain resorts and to the North – West of the country.

The Bucharest City Hall will pay around EUR 42,500 for a ten-minute film presenting the Romanian capital city. The winner of the bid to create this film is Stage Expert, which has previously won the bid for video and audio services for Romania's attendance at the Expo Shanghai 2010.

The Romanian Central Bank (BNR) has approved Omer Tetik's naming as the president and head of the administration council for Credit Europe Bank. Tetik (in picture) aims to relaunch the bank's lending activity this year, while increasing operational efficiency, he said.

Six years after the Fondul Proprietatea was create, the Bucharest Stock Exchange has approved the Fondul Proprietatea listing on the spot regulated market from January 25, according to Franklin Templeton, the fund manager. The listing will be carried through without an initial public offering (IPO).

The International Monetary Fund will make available for Romania EUR 3.6 billion in a new, precautionary deal that will be signed after the current stand-by agreement expires in April, according to Mediafax newswire, quoting people close to the talks.

Friday, January 7 (click on location name for MAP)

09,00 Beyond the White Cube exhibition by Monica Morariu at the Roma...