July 23, 2018

British Royal blood and Count Dracula

Romanian President Traian Basescu thanked Great Britain’s Prince Charles for putting fresh blood in the Transylvanian tourist industry by revealing his links to Count Dracula. Charles who owns several … [Read more...]

The Nabucco project expects final investment decision in 2013

Nabucco Gas Pipeline International GmbH Managing Director Reinhard Mitschek said at a presentation in Bucharest that the final investment decision on the Nabucco gas pipeline project will be made in early … [Read more...]

Two private pension funds are negotiating a sale

Mircea Oancea, chairman of the Private Pension System Supervisory Commission (CSSPP) stated that one or two private pension fund administrators are currently negotiating a potential sale. He further stated … [Read more...]

Managers forecast rise in trade

A study of the National Institute of Statistics (INS) shows that company managers forecast a moderate rise in retail trade, a relative stable trend in the processing industry and a moderate reduction on … [Read more...]

“Viori de Colectie” festival in Bucharest

The festival “Viori de Colectie”/ “Collection Violins” will continue tomorrow at the Radio Hall, at 7pm, with the second concert of the Romanian Radio Chamber Orchestra, this time under the baton … [Read more...]


Youth@Work is a new action to combat youth unemployment. It aims to do this through increasing demand for young people among business, especially small and medium size enterprises (SMEs), bringing about … [Read more...]

The hottest place in town for celebrating 1st of December

1st December Brunch

If you want to feast Romania's National Day in an authentic but in the same time exclusive way, the 1st of December Brunch organized by Radisson Blu Hotel, Bucharest is the perfect location. With … [Read more...]


Hmmm.  I always knew there was some “other” reason I was so strongly attracted to Occupy Wall Street.  Now, one of my favorite writers, John Heilemann, has identified it for me.  Writing in the … [Read more...]

To obtain money, Romania must privatize – Mark Mobius


Mark Mobius, head of Franklin Templeton Emerging Markets said that Romania will have big difficulties to borrow money from international markets at reasonable costs because of the European crisis. Thus, … [Read more...]

Government increases SRI funding next year, cuts presidential budget

The next year’s presidential budget has been decreased by 1.5 million lei by the Government. The funding is currently 2.3 million lei lower than the original 2012 budget predictions. For this year, … [Read more...]

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