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The profit of "BNP Paribas" SA, the largest French bank, increased 31% in Q2 2010, compared to Q2 2009, due to lower bad loan provisions.

A former journalist is going to court in an attempt to block the creation of the two Romanian national energy companies, "Electra" and "Hidroenergetica", claiming he is nothing more than a simple citizen who is against the...

The economic crisis has affected all companies, but only 1% of the them have successfully used the facility granted by the government of postponing the payment of their tax arrears.

The representatives of the Chamber of Commerce and Industry Braşov have announced that the business environment of Braşov is being affected by the disjointed economic policy of the government.

Port operator "Socep" Constanţa (symbol:SOCP) had a net profit of 626.877 lei in the first semester, over nine times higher compared to H1 2009. The management of the company explained that part of this profit comes from interest...

The trail of the money used to build the largest mall in Romania - AFI Palace Cotroceni - leads one to Angola, where hundreds of workers are looking for diamonds with guns held to their heads.

The 2009 activity report of the Romanian Football Federation illustrates speaks for itself when it comes to the results of its management team led by Mircea Sandu and Ionuţ Lupescu.

I promised (in this column, months ago) that I would show my reasons to be proud of being Romanian.

The carbon emission certificate brings energy giants to our table. The Ministry of the Economy, Adriean Videanu yesterday announced that several investors have already submitted letters of interest in the purchase of the carbon emissions...

Brokers were expecting "Rompetrol Rafinare" to be delisted from the Bucharest Stock Exchange, after the Kazakhs of KazMunayGaz, had acquired 98% of the company, but the Romanian authorities have other plans.

The current management of the Bucharest Stock Exchange is considering reorganization of the BSE Group, after the former Board of Directors also tried to cut expenses.

The state makes its move in the gold business before even completing the investigation on the unclear reasons which led to the reduction of its stake in the Roşia Montană project.

Cosmetics maker Farmec Cluj-Napoca, has seen its business increase 10% in H1 2010, to 46.7% million lei.

"Groupe Danone" SA, the world"s largest producer of yogurt, reports growing earnings for the first semester of 2010, due to its rising sales on markets such as Indonesia and China.

The current management of the Bucharest Stock Exchange is considering reorganization of the BSE Group, after the former Board of Directors also tried to cut expenses.

The state makes its move in the gold business before even completing the investigation on the unclear reasons which led to the reduction of its stake in the Roşia Montană project.

The project "The rehabilitation of the urban areas with severe deficiencies of the sewer systems of the city of Arad - including the modernization of the pertaining road system", which the mayoralty implemented using funds provided by the...

There are areas in the country whose residents would have liked to be flooded, who precisely because of the disaster that was avoided missed out on profits of tens of millions of Euros.

A mission of the International Monetary Fund (IMF) is expected in Bucharest today, to discuss the economic objectives for the year 2011.

At the end of June 2010, non-government loans granted by credit institutions went up 3.8% (3.6% in real terms) from May 2010 to RON 210,808.8 million, and 6.4% YOY, the National Bank of Romania announced.

Reporter: Minister, how far along is the project for the sale of 11.84% of the state"s holding in "Petrom"? Same question for the sale on the Stock Exchange of the minority stakes in "Transelectrica", "Transgaz" and...

The CNVM has issued again a USD 2,500 fine against the company Flamboyant Ventures of the Belize.

Insolvency proceedings have recently received several amendments which will come into effect starting today.

The severe drought in the steppes of Russia and Kazakhstan caused the wheat production of the two countries to decrease by about 9 million tons.

"Fiat" SpA, the Italian automaker that acquired 20% of American company "Chrysler Group" LLC, reported its first profit in three quarters, thanks to increased sales of Iveco trucks and New Holland tractors.

On August 9th, the Romanian National Highway and Road Company (CNADNR) will hold a call for tenders for design and execution services for the Passageway of the Ploieşti Vest beltway (DN 1) km 10+604.

Romania can only exit the recession through harsh budget constraints, says the governor of the NBR, Mugur Isărescu, who said that he didn"t agree with the statement that the IMF saved us as a country, made by his advisor Lucian Croitoru...

Transdanube Industries SRL (TDI) wants to finance the construction of the reinforcing bar plant of Olteniţa using a combination of its own funds and bank loans.

A decision of the Romanian National Securities Commission (CNVM) of July 15th, prohibits the Bucharest Stock Exchange and the Sibiu Exchange from acquiring stakes in each other, but allows them to buy shares in other exchanges from EU member...

The cost of cross-border trading could drop by as much as 90% after the implementation of by the Central Depository of the Target2 Securities platform which is targeting the streamlining of trade settlement across Europe, Jeam Michel Godeffroy,...

Aernnova European Components SRL, controlled by Spanish company Aernnova Aerospace and by its investment vehicle, Aernnova Aerospace International Investments SA, both registered in the Technology Park of Alava, are in advanced talks with a...

The share capital of ProCredit Bank was increased by 5 million Euros at the end of last month, now exceeding 140.309 million Euros, according to a press release by the bank.

429 companies of the city of Braşov have become insolvent in the first six months of 2010.

Identical notices to attend call the shareholders of "Altur" Slatina (symbol: ALT) and "Galfinband" Galaţi (symbol:GALF) to decide on the revocation of the Board and the appointment of two companies as administrators of the two...

An increasing number of agricultural producers are beginning to grow exotic crops as experiments, due to the climate warning of these last few years.

Aerostar Bacău, a company that operates in the plane construction and maintenance business, has seen its turnover in Q1 increase 14.6% YOY, from 61.39 million lei to 70.35 million lei.

The NBR yesterday removed 1 billion lei from the interbank market, through deposits with a 1-week maturity, at a rate of 6.25%/year, equal to the policy rate, as the leu has been depreciating lately.

How, when and why, are the three questions concerned to the end of the world, which have concerned humanity over the last thousands of years.

Clubs from the Romanian 1st Football League set a negative record this summer: they failed to sell even one domestic player to any of the major championships in Europe (Italy, Spain, England, Germany).

Petru Lificiu will be replaced as chairman of the ANRE (the energy market regulator) by one of the institution"s vice-presidents, Dan Iulius Plaveti, and will instead be appointed vice-president of the institution himself, according to press...

The NBR has received for approval a draft bill which provides a plan to increase the budget revenues by lowering the country"s foreign currency reserves, an initiative which the Central Bank rejects because it goes against the charter of the...

Raiffeisen Capital & Investment has raised the target price for Transgaz (TGN) shares for the next 12 months by 5%, to 257.6 lei, as the revenues from gas distribution are expected to compensate the effect of the legislative modifications...

Investors in "Vulcan" Bucharest, a producer of power plant boilers, have approved a public bonds issue, as well as the use of structural funds for an investment of approximately 30 million Euros, intended to increase the company"s...