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    <title>Bizlawyer - Ştiri - English Version</title>
    <link>http://www.bizlawyer.ro/stiri</link>
    <description>Bizlawyer vă ofera zilnic cele mai noi ştiri, job-uri şi evenimente de pe piaţa avocaturii din România</description>
    <language>en-us</language>
    <managingEditor>contact@bizlawyer.ro</managingEditor>
    <webMaster>webmaster@example.com</webMaster>
    <ttl>5</ttl>
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		<title><![CDATA[Ţuca Zbârcea &amp; Asociaţii reveals gross revenues of 22.7 mil. Euros for 2009 ]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/tuca-zbarcea-amp-asociatii-reveals-gross-revenues-of-227-mil-euros-for-2009]]></link>
		<description><![CDATA[According to the firm`s officials, approximately 85% from the reported gross revenues came from the private sector; the profit rate stood at a healthy 58%. ]]></description>
		<pubDate>Sat, 20 March 2010 18:57:51 EST</pubDate>
		
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		<title><![CDATA[Lawyers are still making money despite the crisis, as top ten firms post 90 million euro revenues]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/lawyers-are-still-making-money-despite-the-crisis-as-top-ten-firms-post-90-million-euro-revenues]]></link>
		<description><![CDATA[The market leader in terms of revenues was the team of lawyers at Tuca, Zbarcea &amp; Asociatii again last year, followed by NNDKP, Musat &amp; Asociatii, Bostina &amp; Asociatii and Popovici, Nitu &amp; Asociatii. ]]></description>
		<pubDate>Wed, 17 March 2010 10:02:02 EST</pubDate>
		
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		<title><![CDATA[Female partners at Romania’s TOP 3 law firms: their expertise and most important projects]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/female-partners-at-romanias-top-3-law-firms-their-expertise-and-most-important-projects]]></link>
		<description><![CDATA[Therefore, who are the leading female lawyers that stay in the shadow of some of the biggest transactions? What are their areas of practice? What where the companies assisted by them in the recent past? Find out the answers reading the below text.]]></description>
		<pubDate>Mon, 15 March 2010 20:03:30 EST</pubDate>
		
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		<title><![CDATA[Clifford Chance provided legal assistance in connection with the Romanian State EUR 1 billion issue]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/clifford-chance-provided-legal-assistance-in-connection-with-the-eur-1-billion-eurobond-issued-by-the-romanian-state]]></link>
		<description><![CDATA[The Clifford Chance team, which has worked on this project during the last 6 months, was led by David Dunnigan, the Global Coordinator of the Capital Market Practice and Daniel Badea, the Managing Partner of the Bucharest Office, assisted by Cosmin Anghel (Counsel, specialised in banking &amp; finance, including public finance) and Radu Ropota (Senior Lawyer, specialised in banking &amp; finance and capital markets) from the Bucharest Office, and also by Eric Green (Senior Lawyer, specialised in]]></description>
		<pubDate>Mon, 15 March 2010 08:06:43 EST</pubDate>
		
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		<title><![CDATA[Popovici Nitu &amp; Asociatii acquired Danescu &amp; Asociatii law firm   ]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/popovici-nitu-amp-asociatii-acquired-danescu-amp-asociatii-law-firm]]></link>
		<description><![CDATA[The merger will lead to the configuration of a Litigation Department comprising more than 20 lawyers. The new Litigation Department will include a number of seven sub-groups of specialized areas of practice, including Commercial Litigation, Public Authorities Procedures, Property Litigation, Labor Litigation, Fiscal/Tax Litigation, Intellectual Property &amp; Copyright Law, International Arbitration. ]]></description>
		<pubDate>Mon, 15 March 2010 08:06:15 EST</pubDate>
		
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		<title><![CDATA[Salans Advises Franklin Templeton]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/salans-advises-franklin-templeton]]></link>
		<description><![CDATA["We were delighted that the management agreement has been finally signed. This step sends a positive signal not just to the shareholders of Fondul Proprietatea but to the Romanian investment market generally, and we were delighted to have played a part in the successful conclusion of this process" said Salans' Christopher Berlew.]]></description>
		<pubDate>Fri, 26 February 2010 11:53:03 EST</pubDate>
		
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		<title><![CDATA[ Salans Announces New Office in Brussels]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/salans-announces-new-office-in-brussels]]></link>
		<description><![CDATA[Salans’ global footprint ensures that the new Brussels office will be a compelling attraction to both Salans’ and the new team’s clients, given the strategic importance of a Brussels presence to Salans’ global competition, EU regulatory and trade practice. ]]></description>
		<pubDate>Wed, 17 February 2010 13:24:19 EST</pubDate>
		
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		<title><![CDATA[Reff & Associates assisted clients in transactions worth over one billion Euroin 2009 ]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/reff--associates-assisted-clients-in-transactions-worth-over-one-billion-euroin-2009]]></link>
		<description><![CDATA[Amid a legal practice mainly focused on real estate acquisitions, financing and bank credit restructuring, litigation and employment-related mandates are gaining ground in the Firm’s activity.]]></description>
		<pubDate>Sun, 14 February 2010 09:26:18 EST</pubDate>
		
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		<title><![CDATA[Popovici Nitu lawyers, over 7m-euro revenues]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/popovici-nitu-lawyers-over-7m-euro-revenues]]></link>
		<description><![CDATA[The most important contracts the firm was involved in last year included the assistance provided to Proprietatea Fund in selling the stake in CEZ Distributie, Vanzare si Servicii, a deal worth above 230m euros, or the assistance to Medlife owners in selling a stake to SGAM investment fund for 20m euros. ]]></description>
		<pubDate>Fri, 05 February 2010 09:51:49 EST</pubDate>
		
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		<title><![CDATA[Nestor Nestor Diculescu Kingston Petersen: Twenty Years of Achievement]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/nestor-nestor-diculescu-kingston-petersen-twenty-years-of-achievement]]></link>
		<description><![CDATA[During its twenty years of existence, the firm’s consolidated revenues increased from 100,000 USD in 1990 to 16,000,000 EUR in 2009]]></description>
		<pubDate>Thu, 04 February 2010 12:50:27 EST</pubDate>
		
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		<title><![CDATA[What were the transactions that kept the Bucharest lawyers at Kinstellar busy?]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/what-were-the-transactions-that-kept-the-bucharest-lawyers-at-kinstellar-busy]]></link>
		<description><![CDATA[The Kinstellar team has handled some of the biggest and most complex transactions in the region. ]]></description>
		<pubDate>Sun, 31 January 2010 12:47:12 EST</pubDate>
		
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		<title><![CDATA[PeliFilip and Linklaters, assisting Vinci-Aktor in signing the first major local infrastructure project]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/pelifilip-and-linklaters-assisting-vinci-aktor-in-signing-the-first-major-local-infrastructure-project]]></link>
		<description><![CDATA[The PeliFilip team involved in this project was led by Francisc Peli, Managing Partner of the infrastructure and real estate department. The other team members were: Alina Stancu Bîrsan, Senior Associate, Ioana Ene and Oana Bădărău, Associates. Partners Carmen Peli, Ioan Dumitrascu and Alexandru Bîrsan have also been involved in different phases of the project. ]]></description>
		<pubDate>Sat, 30 January 2010 12:06:38 EST</pubDate>
		
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		<title><![CDATA[Bulboacă & Asociaţii, lawyers representing the Romanian State in connection to the Eurobonds issue worth EUR 1 billion]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/bulboaca--asociatii-lawyers-representing-the-romanian-state-in-connection-to-the-eurobonds-issue-worth-eur-1-billion]]></link>
		<description><![CDATA[Bulboacă & Asociaţii Law Firm provides legal assistance to the Romanian State in connection with up to EUR 1.5 billion Eurobonds issues prepared by the Ministry of Finance. A team of 6 lawyers, managed by Răzvan Florin Stoicescu and Adrian-Cătălin Bulboacă is involved in this project.]]></description>
		<pubDate>Fri, 29 January 2010 09:47:43 EST</pubDate>
		
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		<title><![CDATA[Romania: Schoenherr opens communications, media and technology desk]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/romania-schoenherr-opens-communications-media-and-technology-desk]]></link>
		<description><![CDATA[Adriana Radu has rich experience in broadcasting and digital media, communications infrastructure, communications regulation and sector reform, film and television production and distribution, information technology, marketing, sponsorship and advertising,music, and intellectual property. ]]></description>
		<pubDate>Tue, 26 January 2010 09:14:45 EST</pubDate>
		
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		<title><![CDATA[Stoica: This will be the year of those who save themselves ]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/stoica-this-will-be-the-year-of-those-who-save-themselves]]></link>
		<description><![CDATA[Stoica, 35, has been involved in deals such as the takeover of LaborMed producer by Advent International for 123 million euros (on behalf of the sellers), of MedLife by a Société Générale fund for around 20 million euros (representing the sellers), in the Ged - Diamedix 12.5 million-euro deal (on behalf of the sellers), and in the takeover by LaborMed of a 12-brand portfolio of PlantExtrakt (representing the sellers).]]></description>
		<pubDate>Thu, 07 January 2010 07:51:58 EST</pubDate>
		
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		<title><![CDATA[ Romanian Independent Law Firm Opens a Representative Office in Madrid, Spain]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/romanian-independent-law-firm-opens-a-representative-office-in-madrid-spain]]></link>
		<description><![CDATA[Ţuca Zbârcea & Asociaţii has become the first Romanian law firm with presence in Spain by joining forces with former Ambassador of Spain to Romania and former Managing Partner with Garrigues CEE]]></description>
		<pubDate>Mon, 14 December 2009 09:01:03 EST</pubDate>
		
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		<title><![CDATA[Ţuca Zbârcea & Asociaţii wins the “Most Trusted Law Firm of the Year” Award]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/tuca-zbarcea--asociatii-wins-the-most-trusted-law-firm-of-the-year-award]]></link>
		<description><![CDATA[The award was presented by the ACQ Finance Magazine in recognition of the firm’s efforts to promote sustainable business practices especially during an economic downturn. ]]></description>
		<pubDate>Wed, 18 November 2009 13:35:05 EST</pubDate>
		
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		<title><![CDATA[Salans Bucharest advises on the first Doubletree by Hilton in Romania]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/salans-bucharest-advises-on-the-first-doubletree-by-hilton-in-romania]]></link>
		<description><![CDATA[The firm represents many of the largest and best-known property developers and real estate private equity funds, as well as domestic and international hotel operators. Marriott, the Blackstone Group, Radisson SAS, Accor and Compania Hoteliera Intercontinental are among the clients the firm counts in its international portfolio. ]]></description>
		<pubDate>Wed, 11 November 2009 12:19:47 EST</pubDate>
		
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		<title><![CDATA[Schoenherr’s Central European expansion strategy praised at The Lawyer Awards]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/schoenherrs-central-european-expansion-strategy-praised-at-the-lawyer-awards]]></link>
		<description><![CDATA[Schoenherr expanded its coverage of Central and Eastern Europe at the start of 2009 by opening new offices in Bratislava, Prague and Warsaw. ]]></description>
		<pubDate>Tue, 10 November 2009 13:40:18 EST</pubDate>
		
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		<title><![CDATA[Deloitte Private Equity Index Shows Resurging Confidence in Central Europe]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/deloitte-private-equity-index-shows-resurging-confidence-in-central-europe]]></link>
		<description><![CDATA[Private equity professionals are expressing far more optimism about the overall economic climate in the next six months, with an expectation of a return to growth. Only a small minority of PE practitioners expect the economic environment to deteriorate further, while a significant proportion of respondents said they expect that the economies of Central Europe will outperform those of Western European countries.]]></description>
		<pubDate>Tue, 10 November 2009 09:04:53 EST</pubDate>
		
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		<title><![CDATA[Garrigues, “European Law Firm of the Year” and “Law Firm of the Year in Iberia”, according to The Lawyer]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/garrigues-european-law-firm-of-the-year-and-law-firm-of-the-year-in-iberia-according-to-the-lawyer]]></link>
		<description><![CDATA[Garrigues has consolidated its position in Central Eastern Europe, with last year’s opening of the Bucharest office, as well as in Northern Africa, where it launched its Tangiers office in January of this year, standing by its clients in their internationalization process]]></description>
		<pubDate>Fri, 06 November 2009 12:57:12 EST</pubDate>
		
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		<title><![CDATA[KPMG: Recession hastening move to indirect taxation, as governments act to increase revenues]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/kpmg-recession-hastening-move-to-indirect-taxation-as-governments-act-to-increase-revenues]]></link>
		<description><![CDATA[Long term tax rate declines halted in Europe and Latin America * Many governments reanalyze the taxation system * International tax co-operation reaches new levels
]]></description>
		<pubDate>Thu, 29 October 2009 12:43:55 EST</pubDate>
		
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		<title><![CDATA[Financial Times: Ţuca Zbârcea & Asociaţii tops this year’s FT Continental Europe table on innovation]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/financial-times-tuca-zbarcea--asociatii-tops-this-years-ft-continental-europe-table-on-innovation]]></link>
		<description><![CDATA[Ţuca Zbârcea & Asociaţii is the sole Eastern European law firm included in the Financial Times` Innovative Lawyers report and takes top ranking as the most innovative Continental European law firm in 2009

]]></description>
		<pubDate>Mon, 26 October 2009 12:21:55 EST</pubDate>
		
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		<title><![CDATA[Garrigues’ online courses to Latin American judges awarded at the Managing Partners’ Forum Awards 2009]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/garrigues-online-courses-to-latin-american-judges-awarded-at-the-managing-partners-forum-awards-2009]]></link>
		<description><![CDATA[Garrigues’ online courses to Latin American judges awarded at the Managing Partners’ Forum Awards 2009
]]></description>
		<pubDate>Mon, 26 October 2009 10:50:38 EST</pubDate>
		
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		<title><![CDATA[Ernst & Young - Lessons from Change]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/ernst--young--lessons-from-change]]></link>
		<description><![CDATA[Ernst & Young’s global survey “Lessons from Change” shows companies re-evaluating business models and increasing flexibility as they plan for recovery ]]></description>
		<pubDate>Tue, 20 October 2009 14:49:33 EST</pubDate>
		
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		<title><![CDATA[Two New Partners at Salans Bucharest]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/two-new-partners-at-salans-bucharest]]></link>
		<description><![CDATA[Salans Bucharest has promoted two new local partners, Tiberiu Csaki and Claudiu Munteanu-Jipescu. Their promotion comes as a result of their strong performance over the past years. Both are active in areas of practice that represent a source of growth for the firm in the current economic environment, including energy, restructuring and insolvency, litigation and arbitration, employment and loan work-out and restructuring. ]]></description>
		<pubDate>Mon, 19 October 2009 11:49:44 EST</pubDate>
		
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		<title><![CDATA[New Assurance Partners at Ernst & Young]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/new-assurance-partners-at-ernst--young]]></link>
		<description><![CDATA[Ernst & Young Romania is pleased to announce the appointment of three new Partners within our Assurance practice, David O’Connor, Andreas Hadjidamianou, and Christiana Panayidou.
]]></description>
		<pubDate>Mon, 19 October 2009 11:49:36 EST</pubDate>
		
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		<title><![CDATA[Muşat & Asociaţii: “We will soon witness the revival of the M & A Romanian market”]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/musat--asociatii-we-will-soon-witness-the-revival-of-the-m--a-romanian-market]]></link>
		<description><![CDATA[Thus, during the debates, Cătălin Băiculescu (Co-Managing Partner Musat & Asociatii), Gelu-Titus Maravela (Partner Musat & Asociatii), Les Nemethy (CEO and founder of Euro-Phoenix) and Marius Manoiu (Country Manager of Euro-Phoenix in Romania) approached financial and legal aspects concerning the takeover mechanisms, the due-diligence process, the securities related to the sale purchase agreement, as well as the potential litigations which may arise after the conclusion of an agreement. ]]></description>
		<pubDate>Thu, 15 October 2009 13:23:18 EST</pubDate>
		
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		<title><![CDATA[Mihaela Ion, Adrian Nica and Cristian Popescu have been appointed Senior Associates with Popovici Nitu & Asociatii ]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/mihaela-ion-adrian-nica-and-cristian-popescu-have-been-appointed-senior-associates-with-popovici-nitu--asociatii]]></link>
		<description><![CDATA[POPOVICI NIŢU & ASOCIAŢII has announced that Mihaela Ion, Adrian Nica and Cristian Popescu have been appointed senior associates of the firm. ]]></description>
		<pubDate>Tue, 13 October 2009 22:20:50 EST</pubDate>
		
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		<title><![CDATA[NEPI and BelRom ties up in €63 million acquisition of European Retail Park, Braila]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/nepi-and-belrom-ties-up-in-euro63-million-acquisition-of-european-retail-park-braila]]></link>
		<description><![CDATA[The buyers were advised by Reff and Associates (corresponding law firm of Deloitte in Romania), Deloitte Tax and Optim PM. Voicu Filipescu advised the sellers and DTZ Echinox acted as agent]]></description>
		<pubDate>Sun, 04 October 2009 21:54:14 EST</pubDate>
		
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		<title><![CDATA[Muşat & Asociaţii - a top tier firm in the 2010 edition of IFLR 1000 ]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/musat--asociatii--a-top-tier-firm-in-the-2010-edition-of-iflr-1000]]></link>
		<description><![CDATA[As compared to the previous edition, Muşat & Asociaţii was ranked on a higher position in project finance, due to the variety of projects assisted, involving complex finance schemes, in areas such as real estate, power or environmental projects. Also, the British publication nominated six of the firm’s partners as “leading lawyers” in the financial-banking field: Gheorghe Muşat, Mona Muşat, Cătălin Băiculescu, Miruna Suciu, Gelu-Titus Maravela and Iuliana Craiciu]]></description>
		<pubDate>Fri, 02 October 2009 12:08:08 EST</pubDate>
		
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		<title><![CDATA[The distressed real estate borrower in Romania: what it could expect from banks and what it can do about it   ]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/the-distressed-real-estate-borrower-in-romania-what-it-could-expect-from-banks-and-what-it-can-do-about-it]]></link>
		<description><![CDATA[These are typical questions we have received on numerous occasions from distressed and
stressed-out real estate borrowers. Below we try to answer them in a clear manner]]></description>
		<pubDate>Sun, 27 September 2009 12:17:37 EST</pubDate>
		
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		<title><![CDATA[Deloitte issues its first Business Sentiment Index in Central Europe]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/deloitte-issues-its-first-business-sentiment-index-in-central-europe]]></link>
		<description><![CDATA[The Index reflects business leaders opinions from Romania, Poland, Hungary, the Czech Republic, Slovakia and Croatia. The value for H1 is 97.]]></description>
		<pubDate>Thu, 24 September 2009 16:36:11 EST</pubDate>
		
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		<title><![CDATA[The competition council adopts REVISED LENIENCY NOTICE for cartel participants]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/the-competition-council-adopts-revised-leniency-notice-for-cartel-participants]]></link>
		<description><![CDATA[Following the European Commission's leniency reform of 2006 (the “EC 2006 Notice”), the Romanian Competition Council adopted on 21 August 2009 new Instructions on the conditions and application criteria of a leniency policy (the “Competition Council’s 2009 Instructions”), which entered into force on 7 September 2009. ]]></description>
		<pubDate>Thu, 17 September 2009 08:52:35 EST</pubDate>
		
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		<title><![CDATA[Deloitte report signals transformation in the global automotive industry by 2020 ]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/deloitte-report-signals-transformation-in-the-global-automotive-industry-by-2020]]></link>
		<description><![CDATA[Economic downturn shifts power balance to emerging markets and leave cost-conscious consumers in its wake
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		<pubDate>Wed, 16 September 2009 11:21:46 EST</pubDate>
		
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		<title><![CDATA[Bulboaca & Asociatii represents Romanian State in connection with the transaction of sovereign Euro-denominated bonds’ issuance ]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/bulboaca--asociatii-represents-romanian-state-in-connection-with-the-transaction-of-sovereign-euro-denominated-bonds-issuance]]></link>
		<description><![CDATA[It is the second project of this kind, the above mentioned law firms offering legal assistance to Romanian State in connection with the last year eurobonds issue in amount of EUR 750 million]]></description>
		<pubDate>Wed, 16 September 2009 11:21:38 EST</pubDate>
		
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		<title><![CDATA[Schoenherr promotes head of Romanian Capital Markets team to partner ]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/schoenherr-promotes-head-of-romanian-capital-markets-team-to-partner]]></link>
		<description><![CDATA[Narcisa has over a decade of experience in Capital Markets. She has acted on various landmark listings and transactions, and has been involved, among others, in the listing of Transelectrica, the formation of STK Financial, the issue of Yioula Glasswork’s eurobonds, the listing of Alumil and on the Transgaz IPO. In 2009, Narcisa was appointed as a member of the Selection Commission entrusted with the selection of the international fund manager for Fondul Proprietatea which is currently one of ]]></description>
		<pubDate>Wed, 16 September 2009 11:21:25 EST</pubDate>
		
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		<title><![CDATA[Romania consolidates its position in Top 500 Central Europe, with 34 companies ]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/romania-consolidates-its-position-in-top-500-central-europe-with-34-companies]]></link>
		<description><![CDATA[Petrom, Rompetrol, Automobile Dacia, ArcelorMittal and Metro still in the lead
]]></description>
		<pubDate>Thu, 10 September 2009 13:46:44 EST</pubDate>
		
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		<title><![CDATA[Deloitte and Reff & Associates assisted INR Management Real Estate in a multi-million Euro financing deal]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/deloitte-and-reff--associates-assisted-inr-management-real-estate-in-a-multi-million-euro-financing-deal]]></link>
		<description><![CDATA[The credit facility committed by BCR will be used to finalize INR’s high-end residential project Silver Mountain in Poiana Brasov]]></description>
		<pubDate>Thu, 03 September 2009 11:42:42 EST</pubDate>
		
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		<title><![CDATA[Infrastructure: KPMG survey lays bare the extent of private sector misgivings]]></title>
		<link><![CDATA[http://www.bizlawyer.ro/english/infrastructure-kpmg-survey-lays-bare-the-extent-of-private-sector-misgivings]]></link>
		<description><![CDATA[As if addressing the infrastructure challenge wasn’t already a big enough task for many national governments around the world, some nagging doubts persist amongst the private sector about those governments’ ability to get the job done, according to a research released by KPMG recently]]></description>
		<pubDate>Tue, 18 August 2009 10:33:37 EST</pubDate>
		
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