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The resignation of PM Emil Boc should have happened a long time ago, not now, because it may be too late now for such an action, Liviu Apos-toiu, the vice-president of union CNS "Cartel Alfa" said yesterday.

The problem of compensating those whose assets were seized by the communist regime is far from solved, and lawyers and their clients are at the end of their wits. The state's shares in the Proprietatea Fund have been exhausted, and the law...

"Hidroelectrica" is in the final stage of the negotiations to raise the delivery prices by 20%-25% for the companies with which it concluded contracts for the sale of electricity, Dragoş Zachia, the general manager of the company says.

In December last year, the net banking assets amounted to 354 billion lei, higher than in September, when they amounted to 343.9 billion lei, according to information provided by the National Bank of Romania (NBR).

Sika Romania, which runs a concrete additives factory in Braşov, announced that it expects a 5% turnover increase this year, to 19 million Euros, after seeing an increase of 17% in 2011, to 18 million Euros.

When he was shoveling tens of millions of Euros in "Adevărul", Dinu Patriciu had the conceit of teaching us how to make money in newspaper publishing, by posting an article on January 7th, 2010, which was called just that: "The press...

The Boc government may be replaced after the conclusion of the visit of the IMF delegation (ed. note: after February 6th), political sources recently told us.

The Authority for State Assets Recovery (AVAS) is currently being funded using the earnings from the post-privatization earnings and from debt collection.

The EU regulator voted against the plan of Deutsche Börse and of NYSE Euronext to create the largest stock market in the world, after concluding that the merger would hurt competition, Bloomberg reports.

Last year, Banca Transilvania had a net profit of 131.87 million lei, up 35%, over 2011, according to the earnings of 2010, according to a press release by the bank.

Reporter: How big do you expect the demand for foreign stocks is among Romanian investors?

The shares of the Proprietatea Fund (symbol:FP) have been rising from the beginning of the year (ed. note: 21.42%, compared to a 10.3% rise for the BET index), rising above 0.5 lei/share yesterday, for the first time in the last six months.

I am in a very complicated situation: on one hand I applaud, admire and encourage the initiative of Radu Moraru to finance his TV station through a public subscription; on the other hand, I am convinced that this is an IPO in every possible way...

The mutual funds market evolved remarkably over the last three years, with assets increasing 8.4 times, to 7.9 billion lei on December 31st 2011, says Dan Nicu, President and CEO of BRD Asset Management SAI.

"Muntenia Imobiliare Development" has filed a lawsuit against the Romanian Commercial Bank, accusing it of stock market irregularities.

Reporter: In your opinion, how did our economy evolve last year, compared to 2010?

In just one night, December 31st became history, 2011 was left behind and 2012 entered the scene, and the ratings of TVR plummeted and those of Antena1, Kanal D and Prima soared.

The new ratings measurement system, which became functional in the beginning of this year, has brought changes in the rankings of the main Romanian TV stations.

The Iranian parliament is preparing a law which could prohibit oil exports to Europe immediately, in response to the embargo which the EU announced on Monday against Tehran.

The owners of "Polyus Gold International" Ltd. and "Polymetal International" Plc of Russia take into account the merger of the two mining companies in order to create the ninth largest producer of gold, sources close to the...

Last year, Intercapital Invest recorded trades with stocks and mutual fund shares on the regulated market of the Bucharest Stock Exchange of 522 million lei, up 6.3% over the previous year, according to a press release of the company.

This year will be excellent for the spring crops, due to the snow layer which covered Romania over the last few days, the minister of Agriculture, Valeriu Tabără, told us in an interview: "This year will be excellent for corn, for sunflower...

I don't remember any president of a Romanian bank having ever been received by Traian Băsescu at Cotroceni, and yet, it happened for the first time during the two terms of Traian Băsescu with Steven Cornelis van Groningen, the president of...

Alstom Power Italia, of the French group Alstom, will built a unit for the desulphurization of exhaust gas valued at 227.5 million lei (53.3 million Euros) for two energy blocks of energy producer "Complexul Energetic Craiova".

On Tuesday, SNC-Lavalin (TSX:SNC) of Montreal announced that its branch SNC-Lavalin Nucléaire won a contract of approximately 48 million dollars with the Nuclearelectrica National Company (Societatea Naţională Nuclearelectrica - SNN) of Romania,...

American experts have advised the government in elaborating the draft of the law concerning the compensation of owners of properties who were abusively seized by the Communist regime, according to Mark Gitenstein, the US ambassador to Romania.

Stock market investors are asking the Ministry of Public Finance (MFP) to change the methodology used for the taxation of stock market gain.

One year after the listing, the shares of the "Proprietatea Fund" are trading at a 60% discount compared to the NAV. However, Mark Mobius, the CEO of "Templeton Emerging Markets Group" hopes that this discount will shrink in the...

"Philip Morris" Romania will invest 1 million Euros in the modernization of its plant of Otopeni, by installing a new energy efficient cooling unit, according to a press release sent to our editors.

The National Airport Company of Bucharest (Compania Naţională Aeroporturi Bucureşti-CNAB) will spend 13.2 million lei (3 million Euros) on modernizing the presidential room of the "Henri Coandă" airport, according to the company's...

Varujan Vosganian, former Minister of the Economy and Finance, considers that the Proprietatea Fund had some positive effects by providing good liquidity and high number of transactions, but the shareholders are unhappy with the price of the...

From the very first year of trading on the stock exchange, The Proprietatea Fund became the star of the Romanian stock market.

Due to failure to meet contractual clauses, "Electrica" is demanding 50 million Euros in damages from E.ON, which bought a branch of Electrica in 2005, said Ioan Folescu, the general manager of "Electrica".

Interview with Mr. Ştefan Bucătaru, president and CEO of the company

The new management of the Bucharest Stock Exchange doesn't seem to be in any hurry to be validated by the Romanian National Securities Commission (CNVM), even though two weeks have already elapsed since the elections.

Some of the smaller players in the banking system, in terms of their assets, are trying to attract deposits from their customers, by paying higher interest on short term deposits, compared to the short term ones.

Last weekend, Robert Rekkers resigned from his position of general manager of Banca Transilvania (BT) and from the Board of Directors of the bank, after almost 10 years of activity, without providing an explanation for his decision.

VB Leasing Romania, part of the European Financial Group VB Leasing International Holding GMBH, ended the year 2011 with a turnover of about 90 million Euros, up about 6% compared to 2010, said Liviu Şerban, managing director of VB Leasing...

In the event that insurance companies refuse to pay damages for vehicles or other assets which were damaged during the protests, in cases where insurance policies do not cover riots or strikes, the Romanian government may grant damages for losses...

Financial ratings firm "Fitch Ratings" yesterday warned that the attempts of the major Austrian banks to meet the capital requirements f the European Banking Authority (EBA), by mid-2012, could have negative consequences for their...

Yesterday, a few thousand protesters attended the meeting hosted by the USL in the Triumph Arch area. At the same time, a few hundred people were protesting in the University square.

The controversial business "Mic.ro", controlled by magnate Dinu Patriciu, seems to be nearing its end - shuttered stores, and empty shelves in the "groceries" which haven't yet displayed the "CLOSED" sign, salespersons...