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The shareholders of "Transgaz" Mediaş (symbol: TGN) are called, on January 17th, 2013, to decide the dismissal of Victor Alexandru Schmidt, the current chairman of the Board, according to a press release sent to the Bucharest Stock Exchange.

On Wednesday evening, BURSA journalist Adina Ardeleanu won the Award for the most critical article in the press concerning the stock market, in the 11th Edition of the Stock Market Awards, organized by the Association of Brokers.

• Tudor Ciurezu: "We have made a long term investment" 

Lawyer Ioana Sfîrăială is also summoning the authorities of the state to appear in court in a lawsuit against the Proprietatea Fund, with the first hearing set for January 14th, 2013.

In order to get exceptional results in the art of making wine, it takes about 20 years, said Dan Balaban, the manager of "Davino", who said, in an interview, that "good and solid markets aren't built over night, but over several...

• The Franc is weakening, as investors are betting on similar measures from other Swiss banks 

The introduction of negative interest rates on deposits denominated in Swiss Francs needs to be severe enough to reduce the inflow of capital into Switzerland, Romanian analysts consider.

We have an inefficient stock market, which has rules without any practical purpose, a market dominated by incompetent and starry-eyed brokers, considers Grigore Chiş, the general manager of SSIF Broker.

• The German press yesterday announced the acquisition of 70% of the biggest private railway in Romania by German company Deutsche Bahn 

• The project could lose Germany's participation 

On December 1st, 1918, on the National Assembly of Alba Iulia, consisting of 1228 delegates, who had the support of 100,000 people gathered at the event from all over the country, adopted a Resolution which consecrated the joining of all the...

The National Anti-Corruption Department (DNA) has a lot of work to do at Transelectrica, as it is currently conducting six investigations, market sources claim.

The Romanian banking must be granted a transitional period in the banking union, during which time it would apply prudential regulations stricter than the ones of the EU, Bogdan Olteanu, the vice-governor of the National Bank of Romania (NBR),...

The Emergency ordinance to amend the Law of the Audiovisual, prepared by the government and vehemently contested by the advertising agencies, was approved yesterday.

A weird moral issue has suddenly arisen yesterday, after the Ponta government approved amendments to the Law of the Audiovisual, through an Emergency Ordinance, amendments which free the radio and TV stations from the slavery which the...

The Romanian stock market is too small at the moment to attract large private companies, considers Dr. Mark Mobius, CEO of Franklin Templeton Emerging Markets Group.

• "Turkey should realize that the only stable, democratic country in the stormy Middle East and an ally which she can rely on, is Israel"  

• "Benjamin Netanyahu started the fighting hoping it would help him win the elections"  

Khaled Meshaal, the political leader of Hamas, said that Israel has not succeeded in reaching its objectives, and he thanked Israel and Iran for their support during the recently concluded conflict.

• Companies which had a perfect operation for 20 years are on the brink of bankruptcy, because the government hasn't reimbursed the money for the projects they conducted using European funds, according to Florin Pogonaru  

The services group may see a greater weight in the future in the structure of the consumption basket.

• The board member who got the most votes from shareholders wants to save and reform the Sibiu Exchange 

The recent finds following the explorations of OMV-Petrom in the off-shore Neptun block indicate significant caches of natural gas and oil on the Romanian shelf of the Black Sea.

The most important project developed by Carrefour Property, in its two years of presence on the local market, is the new Ploieşti Shopping City mall, developed in less than one year.

Companies in Central and Eastern Europe are the most dynamic segment of the investments of "Seedcamp", the largest microinvestment fund in Europe, specializing on funding online businesses, said Carlos Eduardo Espinal, a partner in the fund.

For someone who isn't much of a fan of shopping, "Black Friday" seems like the title of a horror movie, but it is in fact a reason for shopping and discount chasers to greatly rejoice.

With a tradition of over 40 years in the area of the production of profiles for thermo-insulating doors and window frames, VEKA started out as a family business, and evolves spectacularly.

Turkish PM, Recep Tayyip Erdogan, called Israel a terrorist state, following its bombing of the Gaza Strip.

• Dan Simionescu stays on the Board  

To be or not to be (anymore), that is the question for the shareholders of Sibex, who have scheduled it for today to elect a new management, after the former CEO Cristian Sima, who some people no longer wanted as CEO anyway, was banned from the...

The changes in the life of SIF4 Muntenia, which occurred this year, bode well, considers Gabriel Filimon, chairman of SAI Muntenia Invest, the manager of SIF4.

• Q3 profit up 7.3% 

Europa Royale - the first hotel opened in Romania by Europa Group Hotel - is situated in a historic building in the Old Center of Bucharest, with an investment of 14 million Euros.

• One year after the departure from the BSE, Valentin Ionescu would like Sibex to be a derivatives, commodities and energy exchange  

Reporter: How affected do you think that Sibex was after "Sima scandal" in terms of image and operations?

• The plant of Vâlcea can not save itself through insolvency 

Oltchim will enter insolvency in January 2013, after the elections, said Remus Borza, the receiver of Hidroelectrica and head of insolvency firm Euro Insol.

• Arin Stănescu: "Banks did not even want to hear about any restructurings over the last two years" 

• The Insurance Oversight Commission (CSA) - called to report before the Parliament, by March 

The member states of the Eurozone which were hit the hardest by the sovereign debt crisis could use part of their gold reserves as collateral for the bonds they issue, according to a report quoted by the World Gold Council (CMA).

Electromagnetica reported a net profit of 14.58 million lei in the first nine months of 2012, down 14.4% YOY, and a net turnover of 327.1 million lei, down 15.26% over last year's similar period.

"Transgaz" Mediaş (symbol: TGN) has reported a net profit of 215.2 million lei, after the first nine months of the current year, down 24.19% YOY, according to a report sent to the Bucharest Stock Exchange.