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Cranes feeding on Drăgoi's buba. Illustration by MAKE

Anatomy of a captured market: ASF symbolically "sanctions", Swiss Capital continues to collect

Swiss Capital was fined 65,400 lei and three more minor fines for several members of its management (including Bogdan Juravle), an action taken last month by the Financial Supervisory Authority (ASF) that could be mistaken, from a distance, for...

Parliamentary elections: far-right on the rise, pro-European parties retreat

Dan Drăgoi (left) şi Viorel Panait (right)

Co-ownership and concertation in the case of Comvex - ignored by ASF, DNA and DIICOT

The co-ownership within the matrimonial regime of assets and, implicitly, the concertation of the wives of Dan Drăgoi and Viorel Panait with them in the case of the takeover of Comvex SA by diluting the participations of the other shareholders...

Romania - in Schengen, by air and by water

The government was focused in the 4th financial quarter to reduce the budget deficit that it faced in the middle of the year and in the 3rd quarter, so that the officials in Brussels do not block the allocation of funds for our country from the...

The Ciolacu Cabinet, put under pressure by farmers and transporters

The agreements signed by the employers' organizations of farmers and transporters with the representatives of the Ministry of Agriculture and the Ministry of Transport, following the negotiations of the last few days, are not enough for the...

12 EXECUTIVES REMOVEDThe reorganization of the ASF - Camouflage for the execution of Claudia Sava and Florentina Boboc

Twelve heads heads of department and services have so far lost their well paid jobs from the Financial Oversight Authority (ASF), during the term of Nicu Marcu, in the context of the reorganization of the institution. Some of them have left, some...

The bomb is ticking at the ASF!

The scandal surrounding the Financial Oversight Authority (ASF) has escalated to a pitch, lately. The protests in the insurance sector, as well as the chaos in the stock market come amid the lack of supervision, those involved say.

RUMORS: THE NEW CEO OF THE BSE, SOUGHT IN THE BANKING INDUSTRYCiprian Păltineanu, rumored as a potential CEO of the BSE

Even though the management of the Bucharest Stock Exchange has not been officially announced, the result of the interviews for the position of CEO held on September 25th, it seems that already a new search has been launched, which focuses on the...

The DNA investigation concerning the heads of RCS&RDS did not scare off many investors

SUBSCRIPTION RATE OF 2783%, ON THE UNGUARANTEED RETAIL TIER UNTIL YESTERDAYThe DNA investigation concerning the heads of RCS&RDS did not scare off many investors

Few of the investors in the Digi Communications offer got scared off by the prosecution of two of the RCS&RDS executives and withdrawn their subscriptions, after the amendment of the prospectus of the IPO.

EXCLUSIVE Ilie Carabulea has filed a criminal complaint against Nicolae Cinteză with the National Anti-corruption Department

Ilie Carabulea, a aa shareholder of Banca Comercială Carpatica (BCC), has recently filed a criminal complaint with the National Anti-Corruption Department (DNA) against Nicolae Cinteză, the head of the Oversight Division of the National Bank of...

"Elitism demands morality and self-awareness from the stock market"

20 YEARS OF REGULATION OF THE STOCK MARKET / FLORIAN GOLDSTEIN, THE PRESIDENT OF THE BURSA PRESS GROUP:"Elitism demands morality and self-awareness from the stock market"

The "BURSA" newspaper and the "Millenium" Financial Training Center have celebrated the anniversary of 20 years of oversight of the stock market, in the Parliament's palace, a festivity which the guests considered as classy...