English Section

10 septembrie 2012
Dan Simionescu şi Cristian Sima

Cristian Sima and Dan Simionescu, in the line of sight of the shareholders of Sibex

ADINA ARDELEANU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 10 septembrie 2012

Two shareholders have asked for a lawsuit against the CEO of the Sibiu Exchange 

Four other shareholders have are taking similar action against Dan Simionescu

The General Shareholder Meeting of Sibex looks set to be stormy. On September 22nd, the shareholders of Sibex will be discussing the beginning of the action to hold liable CEO Cristian Sima, as well as administrator Dan Simionescu, after two groups of shareholders have asked for additions to the agenda.

The developer of "Seasons Residence" is bankrupt

The developer of "Seasons Residence" is bankrupt

Ovidiu VRÂNCEANU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 10 septembrie 2012

In 2007, Gespi Investments was announcing an investment of 45 million Euros 

The buildings are only worth 9.3 million Euros now

The developer of the real estate project Seasons Residence, Gespi Investments SRL, was declared bankrupt two years ago.

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Transparency a la Deloitte - i.e. "leak"

Transparency a la Deloitte - i.e. "leak"

Elena Voinea (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 6 septembrie 2012

Even though it is an audit and tax services company, which promotes compliance with corporate governance and transparency, Deloitte Romania leaked its information one day before making it public, to a carefully selected publication.

"Mechel is close to leaving"

THE UNIONISTS' OPINION:"Mechel is close to leaving"

VIVIANI MIRICĂ (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 27 august 2012

Russian group Mechel, which owns the plants Mechel Câmpia Turzii, Mechel Târgovişte, Ductil Steel Oţelu Roşu, Ductil Steel Buzău, Laminorul Brăila and Mechel Reparaţii Târgovişte, is showing signs that it wants to withdraw from Romania, said Ioan...

Persona

Persona

MAKE (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 20 august 2012

Counting the versions which result from the possible decision of the Constitutional Court is, in my opinion, pointless, because we are in the midst of a full moral hazard, where we are constantly redefining not only the notions, but the rules as...

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