Friday headlines: BCR could become shareholder in Oltchim, EUR 1.7 bln medicine market, single fiscal form from 2011

Romanian media

BNR Governor Isarescu: Economic comeback only after state layoffs – in Ziarul Financiar Romania, second highest number of corporate tax payments in the world – in Ziarul Financiar Drop in consumption affects the telecom market – in Ziarul Financiar After avoiding bankruptcy, Ves Sighisoara can't keep up with orders – in Ziarul Financiar Cosmote grows, Romtelecom reaps the benefits of launching NextGen – in Ziarul Financiar Pharmaceutical market stays up in the third quarter: 20.4% growth – in Ziarul Financiar Economy Minister says BCR and Banca Transilvania are willing to become shareholders in Oltchim – in Ziarul Financiar Emporiki revenues up 16% in nine months, to EUR 9.57 million – in Ziarul Financiar Eka Development takes EUR 12.5 million loan from Bank of Cyprus for housing – in Ziarul Financiar Romania ranks 44th in the top of most developed financial markets in the world – in Ziarul Financiar Romanians who discovered the cure for cancer: Creation of universal medicine for cancer is a matter of months- in Gandul Romanians bought EUR 1.7 billion of medicine. Cancer treatments, the biggest increase in sales – in Gandul Micro-breweries take over market – in Adevarul Avicola Brasov sales down 7.9% in the first nine months – in Adevarul Cora invests EUR 4 million in the hypermarket it opened in Baia Mare – on Dailybusiness.ro Baustoff Metall Romania wants to double turnover in 2011 – on Dailybusiness.ro Bucharest shopping malls start lawsuits against retailers – on Dailybusiness.ro Arbomedia launches Arbo TV and wants to sell advertising for over 35 local tv stations – on Dailybusiness.ro Cinema City opens its 9th cinema in Romania, with EUR 4.5 million – on Dailybusiness.ro Gold Plaza will bring EUR 3.5 million in rents – on Wall-street.ro Single fiscal form from 2011 – on Wall-street.ro The first IPO of a company on BSE – Hidraulica Plopeni – on Wall-street.ro BCR will convert half of a loan in Oltchim shares – on Wall-street.ro

International media

Backlash against Fed’s $600bn easing- on FT Obama signals willingness deal on tax cuts- on FT News Corp left to count cost of bid probe- in FT Fed may let strong banks hike dividends- on Reuters