• The immediate repayment in cash would require 16 billion Euros, which is unsustainable  

Wojciech Zaremba, the representative of PCC SE in Romania, yesterday succeeded in becoming a member of the Board of Directors of Oltchim again, according to sources from inside the company, after about two years of absence.

First of all manager, then owner of a label that has over 20 years of expertise on the domestic market, Radu Baron of RBA Records shared some of the secrets of the music industry. We can draw the conclusion that the music industry in Romania has...

• The immediate repayment in cash would require 16 billion Euros, which is unsustainable  

(Interview with Dan Simion, the General Manager of the Romanian Center for Promoting Trade And Foreign Investments - CRPCIS)

The United States of American attract dozens of Romanian entrepreneurs every year, who open businesses on the American market in varied areas such as IT, tourism, human resources or the food industry.

Turnover of IAR Ghimbav fell 61% in the first nine months of 2012, from 48.8 million lei to 19 million lei.

In October, the forex reserves of the National Bank of Romania (NBR) fell to 31.77 billion Euros, from 32.42 billion Euros on September 30th, according to a press release of the institution.

Remus Vulpescu, former head of the OPSPI (The Office For The State's Interests and Industrial Privatization), currently an advisor to the Minister of the Economy, Daniel Chiţoiu, kindly visited our newsroom and answered many questions about...

• The CBVM has shut down "WBS România", because the company was not recording on its books the operations it conducted in the accounts it had abroad 

Unlike other SIFs, the fights for power at SIF1 Banat Crişana took place behind closed doors, without any scandals, at least as far as the media was concerned.

• Băsescu: "At the present time, we won't sell the 10% stake in Petrom; we were lucky that we didn't sell in 2011"  

The Romanian Commercial Bank (BCR) saw a net loss of 762.5 million lei (172.1 million Euros) at the end of Q3 2012, whereas over the same period of last year it had net profit 67.6 million lei (16.1 million Euros), according to a press release by...

Investment fund "Abris Capital Partners", which entered the Romanian market by acquiring courier company "Cargus" from DHL, is considering investments of at least 20 million Euros in majority stakes in Romanian companies, but it...

• The bank is on schedule for the revenue targets, but it needs to be careful with provision costs, analysts say 

Investment fund "Abris Capital Partners", which entered the Romanian market by acquiring courier company "Cargus" from DHL, is considering investments of at least 20 million Euros in majority stakes in Romanian companies, but it...

• The leu risks a depreciation of 15-20% 

• The leu risks a depreciation of 15-20% 

• Oleg Solomiţchi, the representative of the JLC group, has acquired the receivables of the two large shareholders of the milk producer - ASMC and Olympus Dairy  

• Nuclearelectrica: "There is no reason to hold a referendum on continuation of the project build the Units 3 and 4" 

• The company is hiring 45 people a month, and hopes to reach 1,000 employees by the end of the year 

The consortium made up of Swiss Capital and BT Securities won the call for bids held by Nuclearelectrica to underwrite the listing of the shares on the Bucharest Stock Exchange (BSE), stock market sources told us.

• Cezar Scarlat, "Abris Romania": "We have 450 million Euros available to invest in Poland, Romania and Ukraine, in that order" 

• The minority shareholder wants the replacement of the Board of Directors 

At the end of last week, the president of SIF Banat-Crişana, Ioan Cuzman, attended the debate "Strategic approach in the management of business", hosted by the Faculty of Economics and Business Management of the of the Western University...

• Bank of Cyprus, shareholder of Banca Transilvania, is requesting that the Board of Directors be given the power to perform share capital increases, by converting bonds into stock 

The lawbreakers of the European Union worked on a European banking union at their last high level meeting.

The battle for the energy resources has been constantly in play over the course of history, it has generated coup d'etats and led to regimes being overturned, has generated colonialism, conquests of land, armed and economic conflicts, but, at...

In September, Japan decided to become independent from nuclear energy, by 2030, joining countries such as Germany and Switzerland, which made the same decision after last year's Fukushima disaster.

Shares of the company led by the father of South-Korean performer Park Jae Sang (Psy) have risen over 500% since July, as investors on the Seoul Stock Exchange are speculating that DI Corp., which produces electronic equipment, could somehow...

• The Chinese still seem to be patient with us 

• It's very likely that he wasn't in Iceland (Reykjavik), but in Romania (Cluj) 

Sima claims that I played "a crucial part" in his flight, because he was scared by the questions asked by BURSA, in the interview we published on September 3rd.

• It's very likely that he wasn't in Iceland (Reykjavik), but in Romania (Cluj) 

• Greeks received Angela Merkel with anger 

Prime Minister Victor Ponta isn't sounding so optimistic anymore when it comes to the chances of Oltchim of finding a great investor to save it.

• Marinel Burduja, in the cards for the management of the new bank 

• "The clever boys" in the energy sector have great odds of seeing their rights reinstated 

• The developers of the project intend to extend the gas pipeline with two more ramifications 

The Nabucco pipeline may also buy natural gas from the countries it is crossing, if they will provide such sources, said Reinhard Mitschek, CEO of "Nabucco Gas Pipeline International GmbH".