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14 mai 2013
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The Rompetrol deal, with a twist

The Rompetrol deal, with a twist

ANCUŢA STANCIU, ALINA TOMA (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 9 mai 2013

The Romanian government will sell 26.69% of the shares it owns in Rompetrol Rafinare for 200 million dollars to The Rompetrol Group (TRG), controlled by KazMunayGaz (KMG).

Iwona Sroka: "The listing of the Proprietatea Fund in Warsaw in six months - a very ambitious target"

FOR OVER A YEAR, THE POLISH DEPOSITORY HAS BEEN TRYING TO CONNECT TO ROMANIAIwona Sroka: "The listing of the Proprietatea Fund in Warsaw in six months - a very ambitious target"

ADINA ARDELEANU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 23 aprilie 2013

Obtaining the authorization for a connection between the Polish depository (KDPW) and the Romanian Central Depository, which should allow the listing of the Proprietatea Fund in Warsaw in the next six months, could be a very ambitious target,...

The private management at CFR has fizzled

The private management at CFR has fizzled

EMILIA OLESCU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 16 aprilie 2013

After about three months at the helm of CFR SA, Dimitris Sophocleous has resigned from the position of private manager of the company, due to the fact that the Minister of Transports has rejected the administration proposed by the Board of...

Siminel Andrei: "Stock investments are becoming an alternative, which is something that an option which the BSE needs to exploit"

GIVEN THE ISSUES IN THE BANKING SYSTEM, Siminel Andrei: "Stock investments are becoming an alternative, which is something that an option which the BSE needs to exploit"

Recorded by Diana Enache (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 12 aprilie 2013

The management of a company should comprise mostly people with direct business experience, whereas the stock market and the BSE have mostly people who have never led a private business as decision makers, says Siminel Andrei, the president of the...

Luxemburg abandons banking secret

Luxemburg abandons banking secret

Alexandru Sârbu (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 12 aprilie 2013

The government in Luxemburg has announced that it will begin conducting data exchanges with the other countries in the European Union (UE) concerning the accounts owned in its banks by European citizens, thus changing its policy on banking secrecy.

Norway, a possible victim of its own wealth

Norway, a possible victim of its own wealth

Alexandru Sârbu (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 10 aprilie 2013

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,...

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