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Aurel Mătiuţ ensured the "protection" of the cigarette contraband hidden in the vehicles of the companies his father owns: Euro Expediţii SRL Arad, MLR Spedition Company SRL and Relmar Company SRL (the last two headquartered in...

The agreement with the IMF has harmed the business sector in Romania, since it destroyed SMEs, led to the hike of the VAT and created a major imbalance in the public sector, Florin Pogonaru, the chairman of the "Association of Romanian...

South Korean financial authorities (FSC) are investigating two Deutsche Bank divisions, to find out whether they are responsible for causing a stock market plunge last November.

The mines of SC "Moldomin" SA Moldova Nouă are currently in the process of being auctioned off, together with their operating license. The mines and the copper reserves are worth approximately 1 billion Euros, said Răzvan Zăvăleanu,...

Investors on the Romanian stock market are mostly interested in monopolies, such as "Transelectrica", banks and a few industrial companies, which are monopolies as well, considers Tiberiu Urdăreanu, the chairman of UTI, who stressed that...

The shareholders of "Complex Hotelier" Decebal Bacău are being summoned for Wednesday, to approve a new evaluation report of the company drawn up by a certified expert, which proposes price of 21.5 lei/share for the minority shareholders...

The Petrotel-Lukoil refinery of Ploieşti, owned by Russian oil group Lukoil, last year had a turnover of 1.92 billion dollars, up 43% from 1.34 billion dollars in 2009.

The Romanian government may be required by law to renegotiate its minority stakes it holds in various companies in the companies operating in the mineral resources sector to reach a minimum holding of 50%.

Yesterday"s show was first of all, something that"s never happened before: busting the entire staff of a border crossing point and moving it to Bucharest, cleaning woman included (she was allegedly in on it).

Lucian Isar, economic analyst and former executive vice-president of Bancpost considers that the solution to help Romania resume growth is to focus on the real macroeconomy.

• The neighboring country wants to attract foreign investors with 0% income and profit taxes, fiscal audits every five years and guaranteed profits 

In yesterday"s general shareholder meeting, the shareholders of the Central Depository have decided to relocate the offices of the company, two months from now, in the same building where the other companies of the BSE group operate now,...

The listing of the Proprietatea Fund has attracted the interest of many major funds, which are watching the stock market a lot more carefully than they used to, the managing director of the BSE, Valentin Ionescu, said for Financial Times, adding...

The Central Depository (DC), the company which performs the clearing and settlement for the trades of the BSE, will participate in the ReGIS electronic payment system of the National Bank of Romania (NBR), which deals with urgent and large...

In 2010, Banca Transilvania (TLV) posted a net profit of 97.85 million lei, up 58% over 2009, thanks to interest revenues and cost control, according to the preliminary financial report released by the company.

• The company is interested in the oil and gas of the Caspian Sea and is looking to set up partnerships with local operators in the business  

(Interview with Valentin Ionescu, the managing director of the BSE)

Until now, Egypt"s unsolved mysteries were just the real period when the Sphinx was built and whether his face was that of Khufu, Khafre or some other character, remodeled once to praise one of the kings who erected the great pyramids of Giza.

The "Proprietatea" Fund (symbol: FP) has announced that it will auction off the stake of 2.755% that it holds in the company "Familial Restaurant", according to information on the website of the Fund. According to an evaluation...

• Viorel Ştefan (PSD): "It"s obvious that we"ll be stuck holding a < hot potato > if we win the government" • Eugen Nicolăescu (PNL): "If the current government doesn"t do a good job managing the companies in the...  

(Interview with Mr. Marius Murgu, the president of the Association of Former Asset Owners)

• What benefits could the listing of he Fund have 

The prices of several commodities began to rise at the end of last week, following the protests of Egypt against president Hosni Mubarak, who has been leading the country for 30 years.

• (Interview with Crinuţa Nicoleta Dumitrean, the chairman of the National Authority for the Restitution of Properties)  

• November 24th, 2005 

The Proprietatea Fund has opposed the restructuring of Romania"s energy production through the creation of "Electra" and "Hidroenergetica", due to the fact that it is a minority shareholder in the most valuable companies that...

(Interview with Mark Mobius, executive chairman of "Franklin Templeton")

So far, the Proprietatea Fund has brought around 20 lawsuits against "Nuclearelectrica", "Hidroelectrica" and the "Craiova Energy Complex".

Questions and answers

• Warrants in Vienna 

Mircea Simion Vescan, the chairman and managing director of "Armax Gaz" Mediaş, the maker of equipment for the energy industry, praises the current manager of the Fund, which he thinks will cause state owned companies to be managed in a...

The online trading platforms of some brokerage firms stumbled yesterday, even though it was just for a few minutes, preventing investors from tracking the execution of their orders, sometimes with delays of tens of seconds.

Starting today, derivatives having the shares of the Proprietatea Fund as their underlying asset can be traded on the Bucharest Stock Exchange, and on the Sibiu Exchange, just two days after the Fund was listed on the BSE, generating a turnover...

Many of those who received shares in the Fund as compensation decided not to wait for the listing of the Fund on the Stock Exchange and sold them on the "grey" market instead, sometimes at a 90% discount compared to their face value.

Enterprise Investors (EI), one of the largest companies of private equity in Central and Eastern Europe, intends to launch a new investment fund this year, its eighth, which is targeted at several countries in the region, including Romania.

A surprising communiqué of the CNVM yesterday requested that brokers and investors abide the law, when trading the shares of the "Proprietatea" Fund, which is scheduled to begin today.

Some of the shareholders of the Proprietatea Fund, interested in selling their shares on the stock exchange, have found that some of the major brokerage firms won"t even bother to open an account for them, unless they hold a few thousand...

Former owners whose assets were abusively seized by the Communist regime, who decided to sell their shares in the Proprietatea Fund on the stock market, have taken a loss of approximately 35% compared to the compensation value (ed. note: the face...

The fact that the shares of the Proprietatea Fund (FP) began trading at 0.6 lei/share makes yesterday a sad day for former asset owners, who saw their portfolio take a hit of almost 40% in just one day, Marius Murgu, the chairman of the...

Businesspeople that invest in football don"t seem to be too interested in the shares of the Proprietatea Fund. Its coming listing on the Bucharest Stock Exchange does not make it any more attractive to the owners of First League football...

The mayor of Bucharest, Sorin Oprescu has seven months available to submit Bucharest"s application to host the Summer Olympics of 2020. The mayor has repeatedly said that he is very serious about it, even though apart from his good...