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"Prodplast" Bucharest has seen a net profit of 2.935 million lei, in 2011, up 42.55% compared to 2010, according to preliminary information sent on Wednesday to the Bucharest Stock Exchange.

Rompetrol Well Services had a net profit of 15.517 million lei, last year, up 6.47% over the end of 2010, according to preliminary information sent on Wednesday to the Bucharest Stock Exchange.

Oil prices rose yesterday, on the London and New York Exchanges, after a press agency of Iran announced that the country cancelled its oil deliveries to six EU member states, and the US Department of Energy said that American oil inventories fell.

The first "Imperio" street cars, made in Arad at the streetcar plant of Astra Vagoane Călători may be delivered this year in Cluj Napoca.

His Royal Highness Prince Carol Mircea of Romania, father to Prince Paul, was acknowledged yesterday by the Romanian courts as first legitimate son and legal heir to his Majesty King Carol the 2nd.

The commotion around the replacement of the Board of the Exchange in late December and in early January, the statements such as "there is a need for change!, "the other guys were bad, we are good!", "we will outdo everyone!"...

Europe's ugly duckling, Greece, was last month's surprise, as its stock market posted the biggest gain on the continent (+17%), according to the report of the Federation of European Securities Exchanges (FESE).

The lawsuit by which the Romanian Commercial Bank, Erste Group Bank and the Bucharest Stock Exchange were sued by "Muntenia Imobiliare Development", for irregularities on the structured products market, will begin on September 25th 2010,...

Exporters and Romanian businessmen do not think that the austerity program, which was passed yesterday, by the Greek parliament, which stipulates drastic measures that would reduce jobs, pensions and jobs, will affect Romania.

Reporter: How would you describe the IT&C market of Romania in 2011?

Reporter: What are the consequences of the fact that "Erste Bank" did not take BCR public, like the privatization contract stipulated?

From a macroeconomic point of view, Romania is in excellent shape, considers Jeffrey Franks, the head of the IMF mission in Romania.

The shares of "Petrom"(symbol: SNP) rose 5.88% over the last two trading session, as the BET index, which tracks the top ten most liquid stocks, rose more than 1% a day.

The European funds who were the most affected by the economic crisis were net beneficiaries of European funds, Cătălin Păuna, senior economist of the Bucharest Office of the World Bank, said yesterday.

The replacement of all the ministers of Emil Boc seems to be intended as a hint that its' not only the people that will be changed, but that the style will be different as well, and the Governing program, which was yesterday made public, very...

Reporter: How do you view the evolution of the Romanian economy last year?

Small and medium enterprises (IMM) would have to borrow at higher costs than the government, because their credibility is lower than that of the state, Mihai Bogza, board member on the Council of Foreign Investors said yesterday, at a round table...

The Eurozone can survive even if Greece were forced to leave the monetary union, Digital Agenda Commissioner Neelie Kroes said, according to Dutch publication Volkskrant.

Jean-Claude Juncker, the leader of the Eurogroup, yesterday said that the Franco-German proposal to set aside bailout funds for Greece in a special account to cover interest payments on its massive debt was "not an absurd one".

Ratings firm Fitch Ratings downgraded "Banca Monte dei Paschi di Siena" SpA and "Banco Popolare" SC of Italy, as a result of the country's downgrade, last month.

On his quick visit to the US in September 2011, Traian Băsescu signed the agreement concerning the placing of parts of the missile shield in Romania, precisely to prevent an attack from Iran.

According to "conspiracy theorists", the appointed Prime Minister Mihai Răzvan Ungureanu was backed for this position just as things are heating up in Syria and Iran.

The head of the Russian diplomacy, Sergey Lavrov, who was in Damascus yesterday for a meeting with president Bashar al-Assad, was acclaimed by thousands of Syrians who gathered to express their thanks to Russia.

The price of Brent crude, traded on the London Energy Exchange, yesterday climbed to a six-month high, above 116 dollars/barrel, amid the threats of Iran that it would prohibit the export of crude oil to some European countries.

Ioana Sfîrăială has sued "Erste Bank" and the Romanian Commercial Bank (BCR) for failing to honor their obligation to take BCR public, which was stipulated in the privatization contract.

The first meeting of the new Board of Directors of the Bucharest Stock Exchange was scheduled for Thursday, February 9th, one month after the General Shareholder Meeting when the elections were held (ed. note: January 9th).

The Austrians of OMV are negotiating with Russia the sale of the shares which they own in "OMV Petrom" - over 51% of the share capital - said engineer Mihai Macsim, the general manager of the Romanian Russian Chamber of Commerce and Trade...

This year will be dedicated to projects initiated in the public-private partnership system, where each party - the public and the private one alike knows what it has to do, said Andrea Paul Vass, state advisor to the former prime minister.

The resignation of the current government could represent a solution to the problems and does not amount to an economic imbalance, former Finance minister and economist Daniel Dăianu said yesterday.

A PM needs political support, from a strong party or from a coalition, and a technocrat would find it hard to do a "balancing act" while being in office and to appease "all the hopes, interests and needs of the people in the...

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 Boc government left, but the protests will go on.

It is said that Emil Boc handed in his resignation.

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.