Wednesday headlines: Fonomat signs with Vodafone, Mladinska leaves Romania, cement production down 30%

Romanian media

Bechtel and Enka, EUR 800 mln revenues, EUR 60 mln profits for 42 km of highway - in Ziarul Financiar UPC: Romanians have cheaper and faster internet than Western Europeans - in Ziarul Financiar Moody's: Austerity measures will hit banks through the quality of loans - in Ziarul Financiar Carrefour closes down two former Artima stores - in Ziarul Financiar Book retailer Mladinska exits market - in Ziarul Financiar Developers can't sell houses in real life, nor in the virtual space - in Gandul Cement production down 30% - in Gandul Water tanks, from office spaces into Romanians' homes - in Adevarul 2 million Romanians working on the black market - in Evenimentul Zilei Heat wave triples air conditioning system sales - in Evenimentul Zilei Biggest former Orange dealer signs with Vodafone - on Capital.ro Sony Vaio wants 4% of the local laptops market - on Dailybusiness.ro

International media

Existing home sales slip 2%- on CNN News Adobe 2Q Up 18% On Creative Suite 5 Sales; Sees Strong 3Q - in the Wall Street Journal Analysis: Yuan move alone won't alter US or European growth - on Reuters World's Millionaires Rise by 17%, Merrill Lynch Says- in BusinessWeek