Looking around for an expert on the Romanian Web 2.0 and Social Media Scene, I found Iulian Comanescu's blog: Romanian Media Explained
This blog seem to be written mainly by him, but also has some co-/guest blogger.
Some entries you might be interested to read, if you are eying media business in Romania:
Romanian Daily Newspapers Market, 2006 vs. 2005: a fall of 7 %
Campaigns of the Millennium: Who Invested and who Acquired Profit Out of the Big Media Promotions in Romania?
The Big 5 on the Romanian Media Market
Circulation Variations: the Latest Romanian ABC Results