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Gazprom announced that this year it will begin production of natural gas and condensed gas from the Sakhalin oil field at Kirinskoye. For the first time, natural gas will be extracted underwater in Russia.

The commissioners of the CNVM did not make a decision on the disbanding of the Rasdaq, proposed through the draft instruction which stipulates the moving of the issuers listed on the Rasdaq to the alternative trading system of the Bucharest Stock...

The story of the failed privatization of Cupru Min is far from over. In fact, it is actually beginning to look more like the famous series "X Files".

The Romanian-Russian Chamber of Commerce (CCIRR) is in the process of implementing a strategy for the development of exports and economic cooperation between the two countries, valid until 2015.

Alpha Bank is assessing several equity bolstering measures, bank officials said yesterday, after the Greek press reported that the lender may sell 30% of its Eastern European countries, including the one in Romania, to the EBRD.

It is a priority for Romania to export to countries such as those of the Persian Gulf and Russia, economic analyst Ionel Blănculescu said, who considers that we should focus our exports on other areas besides the European Union: "Countries in...

Blinded by the way the Rasdaq market was created - on command - the CNVM of today can't even fathom that the fate of issuers after the disbandment of the market is regulated by the laws of the country, and is therefore reinventing the wheel,...

Russia is trying to return to a position of international monopoly in the energy sector.

Reporter: How would you describe the economic relation between Romania and Russia?

1. The following large scale projects, concerning the infrastructure intended to increase the reliability of the supply and transit of the Russian energy resources, have been implemented:

Reporter: You have launched the project "Romania - a European Energy Node". What does this project consist of?

"I think that Romania's relationship with Russia is fair, based on mutual respect and benefits, when it comes to trade".

The uniqueness of its structure and of its political, social and historical destiny is one of Russia's features that few would feel inclined to challenge.

• Interview with Mircea Vescan, the general head of Armax Gaz 

• Interview with Mr. Aurelian Gogulescu, the president of the Chamber of Commerce and Industry of Prahova 

Russian president Dmitri Medvedev has asked the government and the Russian Central Bank to draft by September proposals on how to reduce the stakes of the government in state owned banks to less than 50%.

VTB, the second largest state owned bank in Russia, wants to invest "a few hundred million Euros" in the Balkan region in the coming years, and its objectives include the privatization of CFR Marfă, Atanas Bostandjiev, the CEO of VTB...

The representative of the IMF in Romania, Tonny Lybek, recently said that, despite the fact that it has significant, but not sufficient reserves of natural gas, Romania imports natural gas from Russia at high prices and sells it cheaply to...

Interview with Radu Petrescu, Communications Manager of "Upetrom Group"

The resignation of Ionel Oprea from the position of General Inspector of the Bucharest Stock Exchange did indeed occur on September 1st, 2006.

Following the publication of the article "The CNVM shirks its duties" - (,,C.N.V.M. se derobează de atribuţii"), which was published on March 30th, 2012 in the BURSA newspaper, the CVNM feels that it needs to make the following...

• Interview with Mrs. Cristina Chiriac, vice-president of the AVAS 

Construction material maker Cars Târnăveni, whose main shareholder is businessman Gheorghe Călburean, filed for insolvency in a case submitted last week with the Court of Mureş, after posting losses of several million lei over the last few years.

The general strike sparked off by the employees of "ArcelorMittal Tubular Products", located on the platform of the metallurgic plant of Galaţi, continues into this week as well.

Non-performing loans remain a factor of concern for the banking system, but an indirect help may come from politicians.

• Interview with Wojciech Zaremba, the representative of PCC SE in Romania 

The Board of Directors of the NBR yesterday decided to cut the policy rate from 5.25%/year, to 5.5% a year, a communiqué of the Central Bank states.

Răsvan Radu, the executive director of "UniCredit Ţiriac Bank" considers that there are too many universal banks in Romania, and that in the near future we will see the consolidation and specialization of the banks present on the market.

Last year, "UniCredit Ţiriac Bank" had a net profit of 159.4 million lei (38 million Euros), according to the international reporting standards (IFRS), down 6.9% over the previous year, according to a press release by the bank.

The public offering of "Transelectrica" (symbol: TEL) has been oversubscribed by 34.18%, with the highest interest coming from retail investors who subscribed 2.844 million shares of TEL (258.71% of their allocated tranche) at prices...

Gentlemen, I was just kidding!

Yesterday, the government decided to begin the procedure for listing 15% stakes in Electrica Distribuţie Transilvania Sud, Electrica Distribuţie Transilvania Nord and Electrica Distribuţie Muntenia Nord on the Bucharest Stock Exchange, government...

The management of the Bucharest Stock Exchange wants to conduct stock buyback programs in the coming years in order to motivate its employees and managers, according to the draft budget published by the BSE for 2012.

An alternative for "Cupru Min" would have ben the conclusion of a public-private partnership, Lucian Bode the minister of the Economy recently said, who went on to say the following, one week ago: "I am not necessarily a supporter of...

The European authorities have engaged in a shameless PR campaign, presenting the Greek default as a resounding success.

2012 brings an increasing number of good news for customers who denounced the abusive clauses of loan agreements.

The Court of Justice of the European Union claims that the Rasdaq is not a regulated market, even though stocks listed on it are traded with the help of the electronic system provided by the Bucharest Stock Exchange, according to a communiqué...

• He would prefer Vienna for a dual listing of SIF2 

The representatives of the Bucharest Stock Exchange have not yet decided whether they are going to participate in the privatization of the Sofia Stock Exchange.

Present in Romania since 2007, Azeri state owned company SOCAR has already become familiar with the Romanian market and it is reviewing any opportunity (ed. note: for acquisition) in the oil and gas sector, according to Hamza Karimov, General...