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The shareholders of "ArcelorMittal" Hunedoara subscribed shares worth 349.5 million lei as part of the share capital increase, below the amount approved in July, of 397.6 million lei.

"Erste Bank" Austria, one of the largest lenders in Eastern Europe, warned the Budapest government that excessive taxation of banks will limit their local investments.

Over 300,000 investors had over 5.35 billion lei invested in mutual funds at the end of September, most of them opting for low risk funds, according to statistics of the Association of Fund Managers (AAF).

Companies that have debts they need to recover from the state may be able to use these debts as collateral for securing bank loans.

The same character of the ad promoting the revamped ROM chocolate bar wrapped in the American flag, under the pretense that the Romanian spirit is obsolete, appears in a new clip, tasked with the mission to convince us that the previous ad was...

The Administration of Public Finance for Medium Sized Taxpayers of Braşov will auction off six assets of the company Upruc UTCH Făgăraş on October 21st.

"CEZ Distribuţie" plans to invest approximately 200 million lei next year (approximately 46.5 million Euros) in its electricity grid. Doina Vornicu, the general manager of "CEZ Distribuţie", said: "This year, we have scheduled...

The arms industry seems to be doing fine in spite of the crisis, as some of the largest fighter jet contracts were signed during this period.

The representatives of the Council of Foreign Investors (CIS) claim that Romania"s GDP could grow almost 12% by 2015, if it were to implement the economic recovery plan proposed by the former.

Political risk has always led to higher volatility and depreciation of the leu, especially when they have led to situations such as votes of no-confidence, or actions for suspending the president, bank analysts say.

The Cotnari "Frâncuşa" - the first wine of the year - left on its way to the bottles, young and brisk, as usual, after just one month spent in the barrels.

On November 12fth, Iaşi-based "Antibiotice" will propose to shareholders the supplementation of a line of credit taken from "RBS Romania" by 2 million Euros. The loans will be guaranteed with tangible assets and...

The Romanian National Securities Commission forced the managers of Avicola Braşov to summon a meeting of the shareholders of the company in order to cancel their decision to delist the company from the Rasdaq market, given the fact that the...

Those who say that none of the local politicians are looking out for the rest of us are wrong.

Aside from companies in Austria and Germany, the privatization of CFR Marfă is also interesting for companies in Russia and China.

The Commission for budget, finance, banking activities and capital markets approved the cut of the flat tax rate from 16% to 10%, said PDL senator Iulian Urban, the backer of this legislative proposal to amend the law No. 571/2010 concerning the...

Regulators of the global financial sector need to act more aggressively in their efforts to prevent banks and other financial institutions from taking on excessive risks, the IMF warned.

Mihai Fercală, the chairman of SIF Transilvania, no longer believes that the listing of hotel company "Aro Palace" Braşov will take place this year.

The advertisement is deliberately designed to cause outrage.

Over the last 20 years, the football games between Romania and France have constantly led to scandals between the two sides, due to the constant stream of coarse ironies coming from the Hexagon supporters.

The rumor -which was mentioned in an article published on Thursday- that a team of the Romanian National Securities Commission (CNVM) is visiting the BSE and evaluating its system for securing the confidential market data, has now been confirmed.

NBR governor, Mugur Isărescu warns the population that it should be wary of the promises that politicians may begin to make in the coming period, as the elections are drawing near.

I hear that instead of concerning itself with the security of the confidential information of the BSE, its Board of Directors is scrambling to discover how did "BURSA" find out about the resignation of Daniel Ţepeş, which he had lied...

The great Romanians sports champions have so far failed to break into the advertising industry, and this is visible in the size of their accounts.

Apparently, the Board of Directors of the BSE decided in a meeting which was held electronically last week, to sanction the Board of Directors of the Central Depository, alleging that the latter had acted against the interests of the BSE.

The management of the Bucharest Stock Exchange is trying to delay as much as possible the facilitation of trades on the "over-the-counter" (OTC) market, which was launched last week by an unexpected decision of the Board of Directors of...

If we didn"t trust brokers, we could either believe that the BSE is being manipulated, or that the market for the stock of the BSE is being manipulated; but we trust our brokers, so we will just note that the evolution of the market over the...

The president of the Bucharest Stock Exchange (BSE) Stere Farmache denied that the press release of the BSE which omitted to mention that Daniel Ţepeş had effectively resigned from the Council of the Exchange.

Around 6.3% of the share capital of the Bucharest Stock Exchange (symbol:BVB) was transferred yesterday in three special deals, of 19.82 million lei (around 4.7 million Euros).

Romania has approved over 5,300 project financed using European grants, which are worth a total of 11.5 billion Euros, without including those in the agricultural sector, secretary of state in the Ministry of Finance Bogdan Drăgan said yesterday,...

The power of the press should not be used for private or antinational interests.

The chairman of the Bucharest Stock Exchange, Stere Farmache, claims that the CEO of the BSE does not have access to the information in the accounts: "I personally stress that, neither as CEO nor as chairman of the BSE, did I have nor do I...

The lies of Daniel Ţepeş, or - as the press called him - the "biggest shareholder of the Bucharest Stock Exchange", began as follows:

The shareholders of "INAR" Braşov last week revoked three of its members of the Board of Directors, whereas two other members had resigned earlier from their positions.

The Bucharest Stock Exchange lies at the bottom of the chart of European exchanges, together with the Exchange of Cyprus and that of Ljubliana, meaning that the terrible struggles over the positions on the boards of the various institutions of...

A study by Erste Bank states that there is an extremely high chance of the price of properties in Eastern and Central Europe entering a period of sustained increase.

The shareholders of construction materials maker "Cemacon" Zalău, did not approve the 6.1 million lei increase of the share capital of the company, from 24.4 million lei to 30.5 million lei.

Cardboard and paper maker "Vrancart" Adjud, will borrow 17.2 million Euros, which it will guarantee by pledging its assets, a move which was approved by its shareholders this week. The company did not announce the intended use of the loans.

The Ministry of Public Finance plans to expand the range of options available for the placement of its bonds. In its desire to lower the cost of its borrowing, it is considering tapping into the American market in the beginning of 2011.

The Ministry of Finance wants to take away from the Proprietatea Fund its future earnings from the claims that it has on Romania"s foreign creditors.