Revenues from the oil industry, similar to those made by the countries in the Middle East, as well as the generous state welfare model are slowly but surely affecting the Norwegian economy, threatening the biggest success story in Western Europe,...

The receivers of Oltchim Râmnicu Vâlcea, Gheorghe Piperea and Niculae Bălan, have completed the preliminary list of the company's creditors, which has led to major surprises concerning the receivable of the AVAS.

In February, Romania's trade deficit reached the lowest level in the last ten years: 917,3 million lei (208.2 million Euros), down almost 1.3 billion lei (301.1 million Euros) YOY, according to the estimates made by the Romanian National...

Europe is going through a new crisis in the food industry, caused by the misleading labeling of fish, meaning that expensive fish is replaced with cheaper varieties, of lower quality.

OPCOM, the manager of the Romanian energy exchange, is wholly owned by Transelectrica SA, the national electricity transporter.

The privatization of CFR Marfă is the way for the state to clean up again the debts of CFR SA, after it erased the almost 4 billion lei of debts which CFR owed to the state budget, by converting it into shares.

Yesterday, at the Parliament's palace, the United Arab Emirates have inaugurated the exhibition, "Dubai - the Capital of the World Exhibition", on which occasion Romania has announced its support of Dubai in hosting the International...

Businesspeople in Romania see the United Arab Emirates (EAU) as a bridge towards emerging markets in the entire world, and especially in the Middle East, especially as the Western world will provide increasingly fewer opportunities for business...

Yitzhak comes to Rabbi Eugen Dijmărescu bringing him two geese as a gift and says, while trying to anxiously catch his breath:

Cyprus' Central Bank yesterday decided to suspend for a week, of the operations of the Romanian branch of Bank of Cyprus (BoC), starting yesterday.

The tensions within the BSE which came out through the dismissal of Chairman Victor Cionga, could affect the perception of our stock market and could even endanger the schedule of public listings which was agreed with the IMF, and which was...

The development of Nabucco is at similar stages in all countries of transit, both when it comes to the legal, regulatory and political support, as well as the design and authorization stages.

"Arădeanca" Arad, the biggest doll maker in Romania, which had a 60% market share, entered bankruptcy after the reorganization plan was rejected by the creditors.

The problem of Oltchim is about to blow up in the face of the authorities, which have achieved no results with their plan to resume operation of the plant - obtaining a loan of at least 10 million Euros from the creditor banks and obtaining the...

Three worrisome incidents:

Marfin Bank România, the Romanian subsidiary of Cyprus Popular Bank, which will be closed down, is not affected by the agreement between Cyprus and the international financial institutions, officials of the Romanian bank and Nicolae Cinteză, the...

Our court recently took the first step, after almost 22 years, in the lawsuit filed by Prince Paul in order to acknowledge the first born of the Romanian Royal family.

This week, for the first time, the BRICS countries will meet on the African continent, in Durban.

For two weeks now we have been waiting for the names of the farms and milk processors where milk infested with aflatoxin was found, a cancer-causing substance which can affect our health.

The elections at SIF Moldova are expected to the most heavily contested of those at the SIFs, as the main two sides have formed around Banca Transilvania, on one hand, and shareholder Mihai Rotaru on the other.

Dumitru Pârvulescu, recently elected president of the Supervisory Board of Transelectrica, has been accused by the press of holding this position even though he is being investigated by the prosecutors of Gorj for corruption and taking bribes.

Yesterday, the Deputies of the Budget, Finance and Banks Commission have postponed yesterday the debate and the approval of the draft law concerning the Government Emergency Ordinance concerning the taxation of the natural monopolies in the...

Businessman Gheorghe Iaciu has asked SAI Muntenia, the manager of SIF Muntenia, to add to the agenda of the General Shareholder Meeting of April 25-26th, the proposal to dismiss the current Council of the Representatives of Shareholders and the...

Last week, a mission of Israeli businesspeople, led by Mr. Zvi Oren, the president of the Association of Producers in this country, has made a two-day visit in Romania, in order to uncover the opportunities for investment on the local market.

The Mechel Târgovişte plant (symbol: COS) will lay off 512 of the approximately 512 of the approximately 2,000 employees, due to its reorganization of its activity.

Stere Farmache has ended his four year term as executive prime vice-president of Alpha Bank, but he will remain the president of Alpha Finance.

• "If we find a serious investor, by 2015 we may already have the airport", claims Mihai Pascu, the vice-president of the County Council of Braşov  

• The right of management of the Ministry of Development over the building has expired 

The tariffs of the BSE for brokerages will remain unchanged, following the failure of the management of the BSE, which was unable to get enough brokers together to meet the quorum of the general shareholder meeting, whose main item on the agenda...

The tariffs of the BSE for brokerages will remain unchanged, following the failure of the management of the BSE, which was unable to get enough brokers together to meet the quorum of the general shareholder meeting, whose main item on the agenda...

We have taken a major step last week to make Europe's 8.200 banks more solid and more transparent! After 19 months of negotiations, we have now gathered the elements of an agreement for a new deal for banks, putting in place the Basel 3 rules...

The former manager of Gelsor, Nicolae Popa, was sentenced in 2007, by the Court of Bucharest, to 15 years in prison in the case of the collapse of the National Investment Fund (FNI), together with Ioana Maria Vlas, a ruling which has remained...

Euro Insol, the receiver of Hidroelectrica, is currently talking to its creditor banks about the extension by a year of the repayment of some credit lines.

The Warsaw Stock Exchange rule out strategic alliances or unions with another European stock exchange, as its new president, Adam Maciejewski, said he was the supporter of a stronger social and economic European integration.

One customer of the Romanian Commercial Bank (BCR) yesterday sent the members of the Romanian Parliament a letter requesting the investigation of the activities conducted by the Romanian Banking Association (ARB), the Government, the...

The representatives of UniCredit Ţiriac Bank have announced that the lender is not considering any collective restructurings, in the near future, nor is it currently conducting any such process, even though rumors have been making the rounds...

The banks are no longer granting loans for the production of photovoltaic energy since the beginning of the year, when the first rumors began appearing concerning the change in the aid method - the drop in the number of green certificates and the...

One customer of the Romanian Commercial Bank (BCR) yesterday sent the members of the Romanian Parliament a letter requesting the investigation of the activities conducted by the Romanian Banking Association (ARB), the Government, the...

The representatives of UniCredit Ţiriac Bank have announced that the lender is not considering any collective restructurings, in the near future, nor is it currently conducting any such process, even though rumors have been making the rounds...

A draft law for the dismantling of the "Rasdaq", a market which is not considered regulated within he meaning of the European directives, has been submitted to the Senate by a group of 28 members of the Parliament, led by PSD MP Marius...

The oil markets were calm after the death of Venezuelan president, Hugo Chavez, was announced.