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The Kazakh state is not willing to pay the face value of the historic debt of "Rompetrol", Mr. Remus Vulpescu, the representative of the Romanian state on the Board of Directors of Rompetrol Rafinare said yesterday.

Reporter: What is your take on the deal between the Romanian state and Rompetrol by which the state will sell part of its shares owned in Rompetrol Rafinare, with the price the deal has been concluded at being lower than the historic debt of 500...

Reporter: What is your opinion on the introduction, starting on February 15th, 2013, of the mandatory information sessions concerning mediation?

The information that "Ductil" Buzău (symbol: DUCL) summons its shareholders to decide on the distribution of additional dividends was received at the Bucharest Stock Exchange on Monday morning, but only reached investors at 16:46, after...

The investment funds of Franklin Templeton (FT), the manager of the Proprietatea Fund had shares worth almost 100 million Euros in companies listed on the BSE, according to a report by brokerage firm Prime Transaction.

The 3% turnover tax will be eliminated, Maria Grapini, the delegated minister for SMEs, Tourism and the Business sector announced yesterday.

The "Rompetrol" Group and the Romanian state have concluded on Friday a memorandum of understanding for terminating the dispute concerning the conversion of the bonds of "Rompetrol Rafinare" into stock, in favor of the Romanian...

The Supervisory Board of Transelectrica yesterday decided to replace Executive General Manager Andrei Benghea Mălăieş, information which BURSA published exclusively in its online edition.

About 100 employees of Oltchim and of the Arpechim petrochemical platform protested angrily yesterday at noon in front of the Ministry of the Economy.

The Supervisory Board of Transelectrica yesterday decided to replace Executive General Manager Andrei Benghea Mălăieş, information which BURSA published exclusively in its online edition.

About 100 employees of Oltchim and of the Arpechim petrochemical platform protested angrily yesterday at noon in front of the Ministry of the Economy.

• BRD had the first losing year in the last decade 

23 employees of the "Oltchim" plant are on hunger strike, starting on Tuesday, according to Corneliu Cernev, union leader, who went on to say, that at the moment, only 7-8% of the plant is still operational.

The Office For The State's Interests and Industrial Privatization (OPSPI) has announced yesterday that it will be accepting submissions until March 13th, inclusively, for the seats on the Boards of Directors of Romgaz, Transgaz and...

Banca Transilvania yesterday announced a 40% increase in its profits for the year 2012, to 320.43 million lei, a performance which brokers consider surprising.

Tax evasion is booming, as it is spread in almost every sector, Felicia Pop, general commissioner of the Fraud Squad said in an interview.

Pope Benedict the 16th has announced his resignation starting with February 28th.

The Bucharest Stock Exchange has concluded the last quarter of 2012 with a loss of 0.46 million lei, after posting a profit of 1.15 million lei in the similar period of 2011, according to the preliminary statement published yesterday, meaning...

Romania's total private debt is about 70% of the GDP, Nicolae Lazea, the chief-economist of the NBR said yesterday in a press conference.

• The BCR union: "The first layoffs are set to be announced on February 22nd"  

• The Ministry shrugs its shoulders 

• Lucian Anghel: "Many projects that we are working on will complete in the long run" 

• The alternative of initiating a draft law is the most likely to happen 

• Starting in September, the derivatives markets will no longer be allowed to function without Central Counterparties with a minimum capitalization of 7.5 million Euros 

• The Govora electric plant can no longer supply electricity to Oltchim, starting with February 15th 

• The government wants approximately 60 million Euros for CFR Marfă, with a participation collateral of 10 million Euros 

• The company wants to turn its former shoe manufacturing facility into an office building, banking on the development of the Timpuri Noi area, once the real estate project of the Ikea group completes 

The authorities have once again taken the first step towards the process for the sale of National Railroad Freight Company - they have posted on the website of the Ministry of Transports the Strategy for its Privatization, a draft which will be...

• Wojciech Zaremba - one of the special administrators of the plant  

After months of speculations in the Dutch press, the financial group SNS Reaal NV has been nationalized.

• Gherguş, of the Association of Brokers: "Even the level of solar explosions could be used to statistically justify the increase of the fixed fees of the BSE" 

Over the last trading sessions, Manchester Securities, a company controlled by American hedge fund "Elliott Associates", has acquired over 73 million shares of the Proprietatea Fund (FP), representing over 0.5% of its share capital.

Over the last trading sessions, Manchester Securities, a company controlled by American hedge fund "Elliott Associates", has acquired over 73 million shares of the Proprietatea Fund (FP), representing over 0.5% of its share capital.

The government in Zimbabwe only has 217 dollars in its treasury, after paying the wages of the employees in the public sector, Finance minister Tendai Biti said, quoted by AFP.

The appeal filed by the creditors to the ruling by which the "Fortus" Iaşi plant was declared bankrupt, will be tried tomorrow by the court.

• The privatization of "CFR Marfă", the secondary offering for "Transgaz" and the selection of the intermediary for "CE Oltenia", are some of the objectives which must be achieved 

Many analysts, economists, citizens and journalists, have constantly been asking since 2009, why the profitable companies of the state, especially the ones in the energy sector, have to be privatized.

• The reason: the initiative to transform the Rasdaq into the ATS  

A so-called "open letter", which contains attacks against Daniela Mihailescu, the head of the CNVM, has caused a commotion in the domestic stock market, at the end of last week.

There is a chance that, in the not so distant future, the diagnosis and treatment of many serious diseases, including cancer, will be far more effective, but also accessible to a broader number of patients, thanks to the invention of Latvian...