So far, the Proprietatea Fund has brought around 20 lawsuits against Nuclearelectrica, Hidroelectrica and the Craiova Energy Complex. read more...

Băneasa shopping centre of northern Bucharest, controlled by businessman Gabriel Popoviciu, will have its first direct competitor as of autumn, as the retail park part of Colosseum project of Soşeaua Chitilei (Chitilei Road) is to be completed, with stores of Carrefour, Leroy Merlin and Altex retailers due to be opened. read more...

Silvarom furniture producer of Bucharest is in talks to resume exports this year, with Germany as the main destination. read more...

Clients' lack of confidence in the economy, on the one hand, and the low incomes and real estate uncertainties, on the other, are the main hurdles in the way of loan sales picking up, maintains Radu Topliceanu, a retail executive with Raiffeisen Bank. read more...

Annually, several thousand Romanians choose to go on a cruise for their holiday, with prices starting from several hundred euros, and reaching as much as 45,000 euros, the price of the most expensive cruise sold by a local agency. read more...

Around 20,000 Romanians have an e-reader and a tablet PC, but the market will boom over the next few years along with the development of the content offer (books, applications) and of mobile Internet networks. read more...

The Otopeni Airport upgrade will be financed via a 100 million-euro "private" loan taken out by the national company that manages it, although theoretically the state borrowed 20 billion euros from the IMF and the European Commission precisely for investment purposes. read more...

Only one of the five proposals to modify the Labour Code made by the Foreign Investors Council (CIS) and AmCham has been accepted by the draft variant proposed by trade unions and employers' associations, which means there may not be any significant changes to the current legislation in the final version sent to the Government. read more...

Summing up how things stand with European funds attracted until December 2010, the result is disastrous: only 47 million euros paid from EU funds of the 4.5 billion euros available. At this rate, there is a danger of losing the money allocated to this sector to other countries. read more...

Members of the Schengen evaluation group will decide on Friday, if they will adopt the technical reports for Romania and Bulgaria following the decision on January 14 when, at the request of the French representative, members awarded supplementary time to study the reports on Romania, Romanian news agency Mediafax reads. read more...

Romania’s Government will hold a Cabinet meeting Friday evening to approve an emergency decree on the recalculation of military pensions, people close to the matter told MEDIAFAX. read more...

The Schengen Area evaluation group (Sch-Eval) on Friday adopted the technical report on Romania’s Schengen accession, people close to the matter told MEDIAFAX. read more...

Romania’s leu strengthened against the euro in mid trade Friday, fueled by higher volumes, and the central bank’s reference gained over 0.2% on the day at 4.271 units, from 4.2675 units Thursday. read more...

PM Boc assured on Friday his Croatian counterpart, Jadranka Kosor of Romania’s support for Croatia to join the EU, Romanian news agency Agerpres informs. read more...

Only 4.2% of Romanians with disabilities have a job, which places Romania on the last position in the European Union, according to a report presented Friday. read more...

Romania's Government will spend around 1.2 million lei (EUR1=RON4.2571), without VAT, to carry out a national survey on around 15,000 people, who will be given RON15 each and asked for their opinion on the Executive's policies, the effects of the crisis and their standard of living. read more...

Romania's Government on Friday approved the emergency ordinance which changes the way the pensions of former military personnel are calculated, people close to the matter told MEDIAFAX. read more...