Romtelecom has become no. 2 on the Romanian TV services market, leaving behind the Americans at UPC, after it bought the nearly 80,000 satellite TV clients of Digital Cable Systems (AKTA). read more...

The new passenger terminal at Henri Coandă - Otopeni International Airport entailed 60 million-euro investments and will add 15 boarding gates to the 9 of the old terminal, 104 check-in desks, from the current 52 and 9 walkways from 5 at present. read more...

Investment funds, which hold shares in the five SIFs (Financial Investment Companies) have become increasingly persistent in defending their rights, pressuring management of the SIFs to raise dividends, after waiting for years for stake caps to be raised. read more...

The Vimetco group, held by Russian businessman Vitali Machitski, will collect 141 million lei (34 million euros at an exchange rate of 4.1 lei/euro) in dividends from aluminium smelter Alro Slatina (ALR), which it controls, with the plant benefiting from cheap energy from Hidroelectrica. read more...

Romgaz, Transgaz and Complexul Energetic Turceni (Turceni Energy Complex), three of the biggest energy companies controlled by the Romanian state, want to invest one billion euros in a technology, which is burgeoning in Europe. read more...

Wizz Air and Blue Air low-cost carriers are set to add 12 and respectively 7 new flights to their network by yearend, with only three of them to be operated from Bucharest's Băneasa airport, while the rest of flights will be introduced from airports of Bacău, Târgu-Mureş, Cluj and Constanţa. read more...

Sweden's H&M brought employees from Switzerland, Sweden and Poland in the first two stores it opened in Romania, even though it also sent Romanian employees for training in these countries. read more...

The European Commission approved the allocation of a 127.5 million euro contribution from the European Regional Development Fund for DN 6 Alexandria – Craiova, South Romania. The 127 km is split in three lots for which the state signed execution contracts with three different companies. read more...

Marius Petcu practically took the membership fees paid by union members when he paid the contract attributed to Scrieciu’s company, which unsettles the public opinion, anti graft prosecutors involved in the case in which union leader Marius Petcu is indicted for bribe taking. read more...

Japanese PM Naoto Kan declared on Tuesday that its government is in maximum alert in managing problems caused by the nuclear accident at Fukushima, AFP informs quoted by Japanese news agency Jiji. read more...

PSD leader Victor Ponta declared on Monday afternoon that he is still waiting Severin’s resignation, implying that if this will not happen, his exclusion is almost sure. I have never done anything that would use my statute of MEP to obtain extra revenues and nobody proved this, Severin said. read more...

Orange Romania will benefit directly from the strategic partnerships agreed between France Telecom and Deutsche Telekom and currently the two parties examine the opportunity and type of future synergies, Orange Romania technical director Madalin Suceanu said on Monday. read more...

omania’s railway company, CFR holds 1,000 km of unused railway which is why the ministry will shut them, Transports minister Anca Boagiu declared in a seminar organized by daily Ziarul Financiar. read more...

In an interview to ZF prior to announcing that procurement worth billions of euros could be cancelled, Cristina Trăilă said "I can't" five times in the first 10 minutes. read more...

The state's investment spending fell by over 17% in the first two months of the year compared with the similar period of 2010, amounting to just 1.3 billion lei, while overall budget revenues climbed 8.3% to 27.5 billion lei. read more...

The new two-year precautionary arrangement with Romania, which starts on March 31st, has received the green light from Washington on Friday, and is set to focus on stimulating the economy by means of structural reforms and by improving infrastructure. read more...

eMag, the biggest IT&C retailer, saw its first batch of 80 iPad 2 Apple tablets imported to Romania sold out "almost straight away" with the company expecting the next batches to sell quickly as well, and amid pre-orders from a further 720 people at the end of last week. read more...

Franklin Templeton US group, the sole manager of Fondul Proprietatea (FP), collected 18.3m lei (4.3m euros) for the first three months of its mandate (September 29-December 29, 2010), shows the fund's annual report. read more...

Green City Construct company, controlled by the family of businessman Dumitru Bucşaru, owner of Unirea Urziceni football team, exited insolvency just two months after the Bucharest Court of Law issued a decision in this regard, saving thus the biggest villa project from bankruptcy. read more...

Bankers are experiencing the biggest troubles in Galaţi and Ialomiţa counties, where the share of overdue payments exceeded 14%, almost double the market average. read more...