No I don’t have any Vista cds 
I am continuing this tomorrow.
You mean this? http://kb.macrium.com/KnowledgebaseArticle50011.aspx I tiried it, but no luck
I borrowed a Vista recovery cd from friend and did startup repair, which could not make repairs (see pics)
But at least I can now access recovery console:
OK from the CD command prompt :
Type BOOTREC /FIXMBR, and then press ENTER.
Type BOOTREC /FIXBOOT, and then press ENTER.
Type BOOTREC /REBUILDBCD, and then press ENTER.
Now retry a normal boot
did a normal boot, and got 0x0000007B BSOD.
what concerns me, is this: total identified windows intallations: 0 ?? (see pic)
It looks as though you will need to reinstall I am afraid as the MFT may well be corrupted
You can use the Reatogo desktop to backup any data you need
Hi, yes it is.
Is macrium able to restore the image you made and start over again?
It seems that Macrium was able to restore image!
So you are back up and running now ?
Was the image prior to the bad boys that I removed ?
Yes, Windows Vista seems to be working fine now.
I don’t know yet if there is malware on this image, but made a scan with Hitman pro and it found nothing. My guess is that malware got into computer after I turned off UAC. I don’t know.
There seems to be remnants of F-secure, Norton 360 and its backup files (don’t know what to do with them) and Mcafee security tool. I have to get rid of those first and then make new image.
Right now I’m so fed up with that laptop that I won’t be touching it for a few days!
Hello again!
Laptop (and windows) is working fine now, installed Service pack 2 and all available updates from windows update.
I ran ESET online scan one day and it found something. Also ran OTL scan today and i would be nice if someone could check if there is something of interest in the logs. Thanks.
Looks good. The ESET detections are signature files for Spybot S&D and are of no import
Good to know 
and thanks for your help! This thread can be closed.