The turnover of "Romvag" Caracal, which entered insolvency in November 2010, has fallen over five times, from 276.1 million lei to 49.8 million lei, whereas losses only increased 15 percent, from 30.7 million lei to 35.5 million lei.

Turnover of sugar producer "Agrana" Romania increased 3.2% last year, from 612 million lei in 2009 to 631.5 million lei.

The takeover of the Realitatea TV news station by businessman Elan Schwartzenberg shows that the political-economic interest groups are trying to consolidate their media strength before a new electoral year.

The National Authority for the Restitution of Properties (ANRP) has announced that it has begun working on issuing new conversion deeds for the "Proprietatea Fund", pertaining to the briefs with requests for options submitted between...

Dan Voiculescu, a.k.a. "Doctor Felix"- got mad at daily "Evenimentul zilei" for publishing the testimonials of Stelian Negrea about the clauses included in the service contracts of the journalist working for the Intact media group...

Reporter: What do you think are the main issues that obstruct the absorption of European funds?

In a meeting of the Romanian Supreme Defense Council, president Traian Băsescu announced that the request of the USA to use the Kogălniceanu airport and the Constanţa port as transit points to and from Iraq and Afghanistan has been approved.

Is a man"s death an event? For his life, it is! To those around him, his relatives, his friends, it is a fact that has a high emotional and social impact!

Reporter: This is a time for evaluations. Please draw the line and make a quick presentation: where did you begin and what have you achieved with the Sibiu Exchange?

The teams fighting for the title of the Romanian championship are overwhelmed by the financial crisis, more specifically by the millions of Euros coming from the UEFA for participating in the groups of the Champions League.

The president of Sibex has been replaced.

"Aga", as an abbreviation of the term "General Shareholder Assembly", is an ambiguous word, due to the well known fact that the Turks held major influence throughout history in the three medieval Romanian states, when it also...

The Association of Brokers notes that the interpretation of the legal norms made by the Boards of Directors of the two Exchanges - The Bucharest Stock Exchange and Sibex - essentially makes it impossible for their managers to be replaced, meaning...

The marriage of the century may concern us as well. The skeptics, always the same ones, ask rhetorically "what is a German doing in Moscow", take a long look and wonder why should Romanians be concerned with the union between the...

The general manager of the BSE, Valentin Ionescu, announced that the institution he is leading intends to buy stakes in smaller exchanges in the region, a plan for which it set aside five million Euros.

The rumors that "Franklin Templeton" was one of the shareholders that requested the decapitalization of the BSE yesterday took by surprise Mark Mobius himself, the head of "Franklin Templeton" (FT), who implied, in a press...

The Proprietatea Fund will distribute to shareholders a dividend of 0.03141 lei/share, double the initial proposal, according to the decision of shareholders reached in yesterday"s General Shareholder Meeting.

Confidence in the success of the BSE-Sibex merger is very low. Even some of the members of the Board of the BSE said in an unequivocal manner, three days before the General Shareholder Meeting when the merger was supposed to be discussed, that it...

Yesterday, the Euro reached a 13-month against the leu for the second time. The Romanian Central Bank (NBR) yesterday posted an exchange rate of 4.0735 lei/Euro, a level which hasn"t been reached since March 13th, 2010, when the Euro was...

The AGA of the BVB is in just over a week"s time. So it is too late to put forward any new resolutions.

• Ioan Botiş 

Electrocarbon Slatina, specializing in the production of industrial electrodes, announced in a press release sent to the Bucharest Stock Exchange that it expects to make a gross profit of only 4.9 million lei, more than three times less than last...

This year, the management of the Bucharest Stock Exchange wants to set aside five million Euros for acquiring stakes in stock exchanges in the neighboring countries, Valentin Ionescu, the General Manager of the BSE said in a meting with journalists.

Alumil Rom Industry Bucureşti, a maker of aluminum systems, expects to make a profit of 3.48 million lei this year, almost 2.5 times bigger than the net profit it made last year (1.41 million lei).

The company Olympus Dairy Industry of Baraolt, part of the Greek group Tyras, wants to be acknowledged as a strategic investor in Braşov-based Prodlacta, according to a report of the company sent to the Bucharest Stock Exchange.

The evolution of the Romanian art market over the course of the last 15 years is now included in a catalog.

Fuel excises can"t be cut in Romania, even though this was possible in other countries of the European Union, Finance Minister Gheorghe Ialomiţianu said yesterday.

The Ministry of the Economy has received a letter from the European Commission, which requests explanations on the Romania"s reason to prevent the exportation of natural gas, sources from the energy market claim.

Two politicians in Iraq started hitting each other during a televised show which among other topics was discussing former dictator Saddam Hussein.

The message above was posted on the internet website of BURSA, in responses to the article published yesterday, titled "WHAT IS GOING TO HAPPEN AT THE BOARD MEETING OF THE BSE / For a subscription to BURSA".

Even though it brought the highest return to investors, gaining over 90% since the beginning of the year, the stock of "Oltchim" Râmnicu Vâlcea (OLT) is still far from its 2007 highs, when its was trading as high as 1.46 lei/share. For...

Should the money stay in the company or should it be paid off in the form of dividends?

The economic crisis had a negative impact on pension funds, as it caused an increase in the number of customers who were unable to honor their obligations, and has delayed the "schedule" for raising the minimum required contribution, said...

Few governments can cut wages by 25% and still remain in office, said Peter Sanfey, the chief-economist of the European Bank for Reconstruction and Development, Thursday, during a meeting in London.

The authorities need to liberalize the market for gas and electricity and to announce a schedule for doing so, exactly this year.

Two is more complicated than one - an aspect which has been repeatedly emphasized by the supporters of the merger.

"Oasis Development", one of the largest retail developers in Romania, yesterday launched the first project which was completed this year - the commercial gallery "Family Center" of Râmnicu Vâlcea.

Some of the shareholders which last week failed to replace the management of the Sibiu Exchange want to try again at the General Shareholder Meeting of Sibex, scheduled at the end of this month.

A new episode in the fight for power at the helm of SIF "Oltenia" yesterday recorded a new episode, as the management of the company suffered major changes, for the second time since the beginning of the year.

Sewer cleaning and maintenance services are one of the most profitable niche businesses, says Camil Aliman, the manager of "Ridge Tool" for the Romania and Hungary: "Cleaning and maintaining sewers is a business segment with a high...

Two is more complicated than one - an aspect which has been repeatedly emphasized by the supporters of the merger.