Categorie: English

Former Birmingham striker Mauro Zarate, currently at Lazio, could be on his way to Arsenal, according to his ‘representative’.

Arsene Wenger looks to bring in talented young pair to the Emirates whilst Swiss defender appears to bringing his Gunners career to an end.

CFR Cluj striker Lacina Traore is in discussion with Arsenal, according to his agent, who confirmed that he spoke with a scout of the North London Club but a move during the January transfer window is out of question.

Arsene Wenger has firmly denied reports that Dinamo Zagreb striker Mario Mandzukic is a January transfer target for Arsenal.

Another 123 cases of infection with the A/H1N1 virus and one death have been recorded in Romania in the last 24 hours. The total number of patients recorded on a national scale since the outbreak of the flu reached 6,733, out of which 108 died, according to the Romanian Health Ministry.

The international chain Wyndham, present at local level with Howard Johnson and Ramada brands will inaugurate at the end of 2010 the first Days Inn hotel in Romania. The unit, classified with three superior stars will have over 120 rooms and will be located in a provincial town. “We will open the first Days Inn hotel in Romania. The construction will be completed by the end of 2010 in a provincial town, not in Bucharest, but I cannot offer you other details. If we find a location we will also have in view the capital city in the future”, Tinu Sebesanu, CEO of Trend Hospitality declared for Business Standard. The company represents, at local level, the international hotel chain Wyndham, Sebesanu being the coordinator of all general hotel managers holding franchises or operating the brands Wyndham – Howard Johnson and Ramada in Romania. Sebesanu says the safest investments in hotels are three star units.

The value of mergers and acquisitions involving Cyprus-based companies plunged by 80% in 2009 to EUR 215 mln, a far cry from the EUR 1.07 bln in deal concluded in 2008 and the record EUR 2.65 bln reached in 2007, according to the Annual M&A Survey conducted exclusively by the Financial Mirror. The rate of decline in Cyprus exceeds by far the decline witnessed in global M&As in 2009, which fell by 15% YoY to $3.6 trln from $4.2 trln in 2008 and $5.6 trln in 2007, according to Zephyr.

The Ministry of Public Finance (MFP) on Monday drew over 2.36 billion lei through an issue of discount government bonds, which was put up for tender through the agency of the National Bank of Romania (BNR).

A group of 25 American investors from the states of Georgia, Ohio and North Carolina are building a vacation village called New Vista in the mountain community of Pietroasa (Bihor county, Apuseni Mountains). This is designed as a tourist attraction and treatment site covering several hundreds of hectares.