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After a ten month break the castle of Râşnov is once again open to the public.

Romania can enter 2011 with a better fiscal situation as long as it meets the terms of the agreement with the IMF, which will make investors consider it attractive again, said the head of the IMF mission, Jeffrey Franks, who gave an exclusive...

During Tuesday"s General Shareholder Assembly, shareholders of "Celule Electrice" Băileşti (symbol:CLEL), a company controlled by businessman Cătălin Chelu, unanimously voted against the dismissal of the Board of Directors and the...

Brokerage firm "Tradeville", led by Siminel Andrei, turned out a profit of 158,000 lei, in the first quarter of the year, as its turnover increased to 2.86 million lei, according to a press release of the company.

Romania can enter 2011 with a better fiscal situation as long as it meets the terms of the agreement with the IMF, which will make investors consider it attractive again, said the head of the IMF mission, Jeffrey Franks, who gave an exclusive...

Albalact yesterday reported a turnover increase of 7.57% in the first semester of 2010, reaching 125,070,971 lei. The company"s turnover in H1 2009 was 116,270,109 lei.

This month, Iproeb Bistriţa has recalled the 63 employees it had sent home due to technical unemployment, after receiving several orders.

Iranian president, Mahmoud Ahmadinejad, was the target of a grenade attack on Monday, in Western Iran, according to the local press.

Unhappy with the fact that the authorities in Bucharest missed the arrears target for the fourth time in a row, the officials of the IMF are pressuring the government to begin the payment of its debts to the private sector as soon as possible.

In a concrete world, faith should meet certain criteria, measurable in meters and kilograms.

Over the last few months, the structure of the Supervisory Board of the Proprietatea Fund has seen significant changes, after three of its members, which were representing the Ministry of Finance, resigned or were forced to leave, almost six...

Football clubs that are heavily indebted are getting to ready to file for bankruptcy. While this may be bad news for the state, the clubs were careful to cover all their bases early on, with the help of the Romanian Football Federation, by...

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.

The forex reserves of the Romanian National Bank (BNR) decreased slightly in July, from 31.63 billion Euros to 31.58 billion Euros, amid inflows of 3.05 billion Euros, and exits of 3.1 billion Euros, according to data from the NBR.

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.

Loan brokers say that banks must look for solutions to attract funds from customers, after the new taxation measures introduced by the Government. Liviu Andrei, the manager of Alliance Finance Broker, said: "Banks need to come up with...

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.