Romanian telecom operator Romtelecom launched on Wednesday the beta version of a new TV content platform on the Internet, DolceTV.ro. read more...

Romanian insurers will have to increase policy tariffs or reduce current spending if revenues on the car insurance segment continue to drop in 2011, insurer Allianz-Tiriac general manager Rangam Bir said Wednesday. read more...

The TUI group is unhappy with the services and prices on the Romanian Black Sea coast, but Tourism Minister Elena Udrea promised the German travel operator's representatives that she will try to solve some of the problems. read more...

Romanian economy is ready to enter a new growth cycle, after more than two years of recession, but the authorities must take things “slowly” to avoid a possible relapse, central bank governor Mugur Isarescu said Wednesday. read more...

Romanian oil company Rompetrol increased fuel pump prices Wednesday by up to 0.09 lei (EUR1=RON4.1869) per liter, a day after OMV Petrom (SNP.RO) operated a similar increase. read more...

Romanian Interior Minister Traian Igas said Wednesday only about 9,000 people will be laid off from the ministry this year, denying plans to sack double that number. read more...

Revenues on the Romanian mandatory civil liability car insurance RCA segment exceeded voluntary car insurance CASCO underwritten premiums in 2010, for the first time in the past ten years. read more...

The managers of the five financial investment companies (SIFs) last week met in Vienna with members of the management of "Erste" to discuss the dividend policy of BCR for the year 2010, according to sources who did not wish to be named. read more...

The industry continued to go full speed ahead at the beginning of the year, after last year it had one of the biggest contributions to the slowing down of economic decline. read more...

SIF Transilvania financial investment company has a 61 million-lei (14.5 million-euro) investment budget it wants to target mainly at stock exchange listed oil and energy companies. read more...

RCS&RDS, the telecom operator controlled by Oradea businessman Zoltan Teszari, managed to obtain two loans worth a cumulated 368 million dollars (206 million dollars and 125 million euros respectively) from a group of banks, to refinance part of its debts and to have money for investments. read more...

The mobile Internet services market and the smartphone sales are still in the early stages of development in Romania, so both segments will see significant growth rates over the next five years, say officials of Cosmote - no. 3 on the mobile communications market, who hope the effervescence on the two segments will help the company narrow the gap between revenues and profit that separates it from market leaders Orange and Vodafone. read more...

The Boc Government has assumed responsibility in front of Parliament on the modifications brought to the Labour Code, a draft that could make the labour market more flexible and lead to the creation of nearly 90,000 jobs, according to estimates of the Foreign Investors Council, the association that put together the draft most of whose provisions are to be found in the document that reached Parliament. read more...

Raiffeisen Centrobank, the investment bank of the Austrian financial group of the same name, listed eight FP equity-backed structured products on Vienna, Frankfurt and Stuttgart bourses shortly after the Fund's floatation in Bucharest. Brokers say FP is thus gaining visibility and reaching investors who have not eyed the Romanian capital market, yet. read more...

Constanţa, Romania's most visited city, with around 500,000 tourists each year, is still attracting international apparel retailers in the malls under construction, with giants Inditex (Zara and another 5 stores), C&A and New Yorker having sealed contracts to rent spaces of 7,500 square metres in Maritimo mall, which is under construction. read more...

Turkey's Garanti Bank wants to secure a top ten position in the next two to three years, after having brought over 1bn euros since the onset of the crisis to develop its Romanian operations. However, profit is topmost and we will not buy market share at any price, says Murat Atay, general manager of Garanti Bank Romania. read more...

Agricover, a major agricultural group domestically, saw its turnover rise by 52% last year to 636.6m lei (151m euros), with the advance being supported by the grain unit that accounts almost 60% in the group's turnover. read more...

The Romanian Government on Monday approved a bill aiming to cut Interior Ministry budget spending and reduce staff numbers, people close to the matter said Tuesday. read more...

Romanian President Traian Basescu told investors from the Persian Gulf on Tuesday that they'd rather see the beauty of Romania by helicopter than by car. He recommended potential investors at an economic forum in Bucharest to drive their capital towards agriculture, energy and infrastructure and said the Romanian business environment "is not a hostile one". read more...

Industrial new orders in Romania for both the internal and external market advanced 13 percent in nominal terms in January 2011 from December 2010, on a 47.8 percent rise in orders for intermediary goods, the National Statistics Institute (INS) reports. read more...