English Section

13 august 2012
Stormy negotiations between "Hidroelectrica" and "Alro"

Stormy negotiations between "Hidroelectrica" and "Alro"

ALINA TOMA VEREHA (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 13 august 2012

On Friday night, the two companies signed the agreement for the provision of energy 

On Friday night, the receiver of "Hidroelectrica", Remus Vulpescu, and the officials of "Alro" have signed the addendum concerning the increased energy price which will be supplied to the aluminum maker.

Politically appointed professional managers in state owned companies

THE UNIONS ACCUSE:Politically appointed professional managers in state owned companies

Alina Toma Vereha (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 10 august 2012

BNS and Cartel Alfa are asking the government not to do privatizations involving controlling interests 

The unionists of the National Union Block (BNS) and Cartel Alfa complained to the IMF, the European Commission and the World Bank that the process for the selection of professional managers in state owned companies is flawed, because it is politicized.

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"Romania receives significant funds from Europe, but it has an urgent need for infrastructure", said Andreas Treichl, CEO of Erste Group.

"Erste" cleans up at BCR, to restore profitability

ELENA VOINEA, Correspondence from Vienna (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 1 august 2012

The large number of non-performing loans at the Romanian Commercial Bank (BCR) has attracted the attention of majority shareholder Erste Bank, which asked the new management of the bank, led by Tomas Spurny, to implement a process of...

A sloppy blitzkrieg

REFERENDUMA sloppy blitzkrieg

F.G. (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 31 iulie 2012

The fact that Romania only has ten millions of citizens who are allowed to vote, could have been easily decreed by the National Statistics Institute even before the referendum, because the Institute is subordinated to the Government and it would...

Eleven

REFERENDUMEleven

MAKE (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 31 iulie 2012

Slumping under the mink fur and the leopard bonnet, one bandy old lady, in good clothes, was moving heavily, in a cane, below the columns of the Palace Room, through the 38 degrees of the afternoon, on the Sunday of the referendum.

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