English Section

When a stock exchange gets listed, it becomes a company whose stock is admitted for trading on a regulated market.

Romania doesn"t have any chance of exiting the crisis this year, and most likely it won"t do so next year either, when it will be an electoral year, Adrian Vasilescu, advisor to the NBR governor said yesterday.

Daniel Ţepeş has been selling BSE stock throughout the entire last week.

(interview with Adrian Olteanu, CEO of "Flanco")

The European currency fell below the 4.1 lei threshold on Friday.

The management of OMV Petrom will propose to shareholders a budget for 2011 which includes an estimated net profit of 2.31 billion lei and a turnover of 12.69 billion lei (according to the Romanian Accounting Standards).

As consumers become more sophisticated, the wine market is seeing an increasing number of wine waiting graduates, who are ready to work in this profession.

I don"t know if there are any idealists left to believe that the attack on Libya pursues the ideals of democracy and the removal of a bloody dictator.

I don"t know if there are any idealists left to believe that the attack on Libya pursues the ideals of democracy and the removal of a bloody dictator.

Last year, Austrian home improvement and do-it-yourself goods retailer "bauMax" had a turnover of 145 million Euros, up 23% over 2009, according to Nicola Szekely, the company"s managing director for Romania and Bulgaria.

The prosecutors of the National Anticorruption Department - The Department of the Alba Service have filed a new lawsuit pertaining to the National Investment Fund (FNI).

The Bucharest Stock Exchange and the Bucharest Clearing House (CCB) recently announced that 90% of the interest earned by the CCB on the cash collateral will be redistributed to its members.

The Proprietatea Fund (FP), the largest investor on the Romanian stock market, bought "Erste" shares (symbol: EBS) from a foreign stock market, despite the fact that the stock is also listed on the Bucharest Stock Exchange, a communiqué...

The Central Depository has interconnected with the similar institution of South Africa, Strate Limited, which will allow Romanian investors to settle their trades involving the financial instruments that it manages.

Oil prices rose slightly yesterday, after the US, Great Britain and France launched airstrikes against Libya, in an attempt to stop the advance of the troops of Muammar Gaddafi towards Benghazi, a city controlled by rebels.

There is no dictatorship in history that doesn"t have this element: its final mistake.

Reporter: What was the year 2010 like for Libra Bank?

Serious accusations are being brought against Florian Buzatu, former director of SIF5 Oltenia, whose term expired on Thursday.

After giving brokers and exchange operators a new reason to worry last week by announcing them that they would need to implement information security standards and obtain certification for them, the CNVM decided on Wednesday night to waive this...

It isn"t that clear what was the goal of yesterday"s raid by the dozens of policemen, gendarmes, Fraud Squad inspectors and customs officers: was it to uncover the fuel smuggling, the smuggling of agricultural products or any other kind...

The great secret of Teodor Ancuţa, the chairman of the Sibiu exchange, which was strictly guarded for a long time -the person he would propose to replace him as managing director of Sibex - was found by the "BURSA" daily, to be an...

Last week"s events of Japan have dramatically shifted people"s perception of the phenomenon that will take place at the end of this week. On Saturday, the Earth will be the closest to the Moon it has been in the last 20 years, at a...

Garanti Bank offers a special package of products and services targeting companies in which women hold a significant weight in the shareholder structure, a press release by the banks states.

Brokerage firm HB Invest of Braşov has ended its operations, and its customers can withdraw their money from the bank account opened with BRD-GSC Braşov, its representatives announced.

Notified by union leaders since one week ago that a major protest against the Government would take place, on the day that the Parliament would hold the vote on the eighth motion of no-confidence, I decided to participate, for the n-th time (as...

BRD is considering increasing its loan exposure to the agricultural sector from 8.5% to 10.6% of the total loan portfolio in the coming years, Roxana Cosmescu, executive director of the Commercial Division of the BRD network said yesterday.

The Romanian currency may only see marginal losses, after rising to a nine-month high in the beginning of the week, because the Central Bank may fight the tendency of the domestic currency to depreciate, a report by ING bank states.

Five Romanian universities received 19.13 million lei from the European Union, of which 18.24 million lei in grants, for the execution of Master program in the area of the management of International risk.

Romanians are often accused of passiveness. I am fully guilty of this myself, especially since there were times when I liked to think of myself as a man who likes to act. Of course, a man of a lesser influence, but after all, it"s the thought...

Romanian deputies no longer met in session on Romania"s National Day and on Monday and Tuesday, they celebrated by going to their "electoral constituencies" for various activities, which are usually scheduled to expand well into the...

UniCredit Ţiriac Bank had a net profit of 171.2 million lei in 2010, according to the International Financial Reporting Standards (IFRS), down 47.9% compared to 2009, due to an increase in the cost of risk, the bank"s press communiqué states.

Petre Pavel Szel, the chairman of SAI Muntenia, the company that manages SIF "Muntenia" (SIF4), considers that any attempt of the management of the Bucharest Stock Exchange to increase turnover on the back of the five FICs is just a...

Six official documents, of which two exclusive distribution agreements, were signed yesterday by the Korean and Romanian companies which attended the seminar held by the South Korean Government Agency "Kotra".

The European currency yesterday fell to a nine-month low. The Romanian National Bank displayed a reference exchange rate of 4.1843 lei/Euro, down 2.05 bani, compared to the level of 4.2048 lei/Euro, recorded Friday. The last time this level was...

The price of corn, wheat, soybeans and rice fell Friday in the United States, after the earthquake in Japan, - a country which is the largest importer for those commodities from the United States. Investors expect grains prices to fall, given the...

The Danube Delta is not just a natural paradise, but also hell for those who built their homes built on land for which they do not hold the ownership rights.

Romania has more opportunities for investors than we can imagine, said Mugur Isărescu, the governor of the Romanian Central Bank said yesterday, addressing the businesspeople present at the "Forum Gulf Cooperation Council - Romania:

The managers of the five financial investment companies (SIFs) last week met in Vienna with members of the management of "Erste" to discuss the dividend policy of BCR for the year 2010, according to sources who did not wish to be named.

News of a possible general strike did not reach the ears of some of the employees of the Central Headquarters of the Romanian Commercial Bank. Some of them had told us that they had not even heard about last week"s Japanese strike.

The Romanian National Securities Commission (CNVM) is forcing the Board of Directors of the Investment Management Company "Pioneer Asset Management" to summon the shareholders to decide on whether the company will be dissolved, or, as the...

Any investment made in Romania can become profitable, since Romania lags behind Western Europe, president Traian Băsescu said yesterday, in the opening of the Forum "The Gulf Cooperation Council - South Eastern Europe - Business...