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Elena Udrea is decided to put back Bucharest on the map for European tourists.

The management of SIF "Banat-Crişana" (SIF1) yesterday announced, without too many details, that it will not summon the General Shareholder Meeting of Shareholders to initiate the process for listing BCR, as requested by several...

The liquidators of "Dobra, Coşoreanu& Dobra" said that they have attached four other blocks of shares owned by the AVAS located at the Central Depository, and they are preparing to put them up for sale on the Bucharest Stock Exchange,...

Reporter: We have asked the AVAS about the means it has available to force the listing of BCR.

The South Korean brokerage division of Deutsche Bank and four of its employees have been charged with destabilizing the country"s stock market, in November 2010, according to Bloomberg, quoted by Mediafax.

A true economic European government - that is what the joint French-German proposal sounds like, after the meeting of August 16th, which was held in Paris, between the heads of the two states, Nicolas Sarkozy and Angela Merkel, whose idea,...

Reporter: Is the current crisis more severe than the one of 1929-1933?

In the first half of 2011, OTP Bank Romania reported a net profit of 1.47 billion forints, after posting a loss of 2 billion forints in the similar period of last year, according to the financial statement of the Hungarian group OTP.

Starting September 9, small and medium enterprises (IMM) will be able to register for "The Kogălniceanu Card", in order to access loans with interest subsidized by the state, PM Emil Boc said on Friday.

• The settlement of the trades of shares of "Biofarm" and "Mercur" Craiova, suspended for two weeks 

Gold id the safe haven for investors, in a crisis, as proven by the sales of yellow metal, which have exploded over the course of the last two months.

The Proprietatea Fund (FP) has requested the summoning of General Extraordinary Shareholder Meetings at "Hidroelectrica" and "Nuclearelectrica", for the approval of the listing of the two companies on the Bucharest Stock Exchange...

Viorel Pană, who led the BSE between 1997 and 2001, is accusing it of lack of courage, passivity, and having a hesitant attitude, and the management of the institution is being viewed as obtuse.

At the end of June 2011, "Avioane" Craiova (symbol: AVIO) reported a turnover of 1.46 million lei, down 23% over the similar period of 2010, due to lack of contracts.

"Cocor" Bucureşti (symbol: COCR) posted a loss of 1.75 million lei, in H1 2011, according to the reporting sent to the Bucharest Stock Exchange, after the company reported a loss of 5.9 million lei in H1 2010.

The investigation by which the Competition Council has been reviewing the behavior of the banks in the context of the speculative attack of the leu of October 2008 has been completed, and its findings will be announced this autumn, said Bogdan...

An internal investigation at SIF2 "Moldova" has found that the sale of a commercial space in the of Bacău to Mr. Alexandru Matei (former president and CEO and current board member of SIF2) was made in the absence of any other competing...

The value of bank deposits has reached 292.9 billion lei in Q2 2011, a 3.2% increase over Q1 2011, according to data published by the Fund for the Guarantee of Deposits in the Banking System (FGDB).

In Q2 2011, Romania had the weakest economic annual growth of the EU (0.3%), according to Eurostat estimates.

The 23 companies which are the members of the UNSAR (National Union of Romanian Insurance and Reinsurance Companies) reported total subscribed premiums of about 3.3 billion lei, down 8.7% (in nominal terms), compared to the same period of 2011,...

"UniCredit SpA" Italia and "Erste Group Bank" do not intend to make any layoffs in Romania, even though they had announced that they had plans to restructure employees on a group level.

Dafora Mediaş, specializing in drilling of wells and construction, ended the first half of the year with a fall in turnover of 14.1% YOY, from 91.5 million lei to 78.5 million lei.

Earlier this wee, the shareholders of Vrancart Adjud have approved the proposal of the board of directors to take out a loan of six million Euros from UniCredit Ţiriac Bank, to be used for investing in production capacity.

Yes it was very frightening indeed for us, the people who live close to the troubled areas, and our anxious relatives..

Over the past two days, the French stock market was affected more than other European markets, due to the fears that the sovereign debt crisis could spread.

The minority stakes that AVAS owns in "Mercur" Craiova (MRDO) and "Agrana România" (BETA) were yesterday auctioned off on the Bucharest Stock Exchange, through a special sale, intermediated by the brokers of "Oltenia Grup...

Un om de afaceri din Bacău a fost găsit mort, azi noapte, în locuinţa sa de către soţie, bărbatul fiind legat la picioare şi având mai multe urme de lovituri, precum şi echimoze pe corp, potrivit surselor de presă.

OTP Bank comes along with a solution to help its customers that have loans denominated in Swiss francs and are having problems in repaying them.

Yesterday, the stock market recovered the losses it posted on Tuesday, as the BET-C composite index ended the session up 3.2%.

• Hedging instruments caused a loss of 189 million lei 

The management of "Oltchim" Râmnicu Vâlcea (symbol:OLT) has decided to temporarily reduce the operations of the plant and to send 1,025 of the company"s employees into technical unemployment, according to a communiqué sent yesterday...

The Bucharest Stock Exchange fell yesterday almost 12%, in less than two hours since the beginning of one of the most spectacular recent trading sessions, to then close with a loss of 3.37%, by creating profit opportunities for the investors who...

The Romanian National Bank (NBR) yesterday revised the inflation forecast downward, for the end of the year, from 5.1% to 4.6%, and the one for 2012, from 3.6% to 3.5%, Mugur Isărescu, the governor of the NBR, upon presenting the quarterly...

The listing of Romtelecom on the Bucharest Stock Exchange is a decision that lies with the shareholders of the company Stefanos Theocharopoulos, the new general manager of Romtelecom bluntly said yesterday, refusing to express an opinion on what...

Sarcastic investment advice was being published yesterday in the American media:

Condmag SA of Braşov, specializing in the construction of oil, natural gas and water pipelines, ended the first half of the year with 41.17 million lei, down almost 60% YOY, from 99.04 million lei.

I want to test your perspicacity: I will hereinafter present an excerpt from a greater material, which discusses the world crisis, without quoting the source.

Reporter: Is the agreement to postpone the listing of BCR legal or not? Did the SIFs need a power of attorney to conclude an agreement concerning the postponing of this listing?

The "Gaz România" Union Federation is suing "Romgaz", requesting that the company pay 10% of its profits to its employees, after filing a similar lawsuit against "Transgaz", according to Cătălin Muşoi, first vice-president...