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"International Business Machines" Corp. (IBM), the world"s largest provider of IT services, has seen its profit increase 12% in Q3 2010, to 3.59 billion dollars.

The domestic healthcare system is in terrible pain. This is something that outsiders and insiders agree on. The education system is collapsing.

The financial methods used by Sorin Ovidiu Vîntu, one of the largest Romanian users of tax havens, were mimicked by the heads of his Realitatea TV trust.

On Saturday night, we put up a scenario on our website, in which we imagined Traian Băsescu reacting to the threat to overthrow his regime, a threat which sees his political opposition, the unions and the mass-media coming together, by revealing...

The three associates that were still left in the notorious "Desintco" company - after Mircea Băsescu, the brother of Romanian president Traian Băsescu, and the daughter of Aurel Cazacu, former chief of the Military Industry Department of...

Registrations of Dacia vehicles in Europe increased 12.5% in the January-September 2010 period, compared to last year, from 196,305 units to 174,469 units, according to data published by the European Automobile Manufacturers" Association (ACEA).

The Romanian National Securities Commission yesterday shot down the argumentation of the general manager of the BSE, Valentin Ionescu, who, as written in Friday"s edition of "BURSA", claimed that the "Rasdaq" market had not...

It seems the die has been cast for "Flamingo International": the bankruptcy trustee failed to find any alternative to declaring the company"s bankruptcy.

There are businesses that remained successful during the crisis, standing on the delicate shoulders of children.

Foreign analysts see the protests of the employees of the Ministry of Finance as another blow to Romania"s image, and they have already begun making pessimistic forecasts.

Vladimir Cojocaru, the head of the General Supervisory Division of the Romanian National Securities Commission (CNVM), recently left the position it held for the last five years.

The Romanian National Securities Commission (CNVM) has fined two of the managers of "Target Capital" with 1,000 lei each, following an investigation performed in June 2010.

"Altex" Romania has increased its share capital by 37.5 million lei, to 73.6 million lei, by converting a debt it had towards its Dutch shareholder Bomenveld BV.

Public sector workers are taking their protests from the street, to the hallways of their workplaces, just six days before the mission of the IMF returns to Bucharest to assess the state of Romania"s economy.

"Orange" has announced the launch of three new phones based on Microsoft"s latest platform - "Windows Phone 7".

Three foreign banks are considering pulling out of Hungary due to the government"s financial sector windfall tax, daily Nepszava reported on Tuesday, without specifying the sources of this information.

Milling and bakery company "Titan" announces that on October 18th, it will open a factory which will produce buns for "McDonald"s" restaurants in Romania and Bulgaria. The plant will be located on the "Titan" Platform.

The Romanian state has 18 months available to draft the legislation for compensating property owners whose assets were seized by the communist regime, according to a pilot-decision published yesterday on the website of the European Court for...

Agricultural commodities seem to be gaining favor with investors, as their prices continue to rise, following this summer"s drought, which lowered the grain output of the Russian Federation and of Kazakhstan, a rise which was fueled further...

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.