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The owner of the football club Steaua Bucharest, Gigi Becali, former minister of defense Victor Babiuc and the former chief of the General Army Staff Dumitru Cioflină have been convicted by the five-judge panel of the Supreme Romanian court to 2...

Those who were worried that they might lose their money deposited with Bank of Cyprus România were unaware that the Romanian state itself through an institution of its own, had 24 million Euros deposited at the Cypriot branch, and the NBR could...

The authorities did not want a show at the privatization of CFR Marfă and they have succeeded - there won't be any show, but there won't be any privatization either ... for now.

The receivers of Oltchim (Rominsolv and BDO) are proposing to investors interested in acquiring the plant of Vâlcea to participate financially in the stage which precedes the reorganization.

The listing of Nuclearelectrica may be postponed again, for autumn, sources close to the situation are saying.

Online currency trades don't always take place in a safe environment, according to the analysts and managers of some of the brokerage firms that provide foreign exchange services.

Avicola Braşov ended the first quarter of this year with a turnover which increased 9%, from 27.8 million lei to 30.4 million lei.

The Bucharest Stock Exchange (BSE) posted a net profit of 1.53 million lei in the first quarter of this year, down 45% over Q1 2012.

The market for loans denominated in Swiss Francs (CHF) caught a breather over the course of the last month, given the continuous drop of the Swiss Franc compared to the other currencies.

Even though it is barely "born", after the "merger" between the Romanian National Securities (CNVM), the Insurance Supervision Commission (CSA) and the Commission for the Supervision of Private Pensions (CSSPP), the Financial...

Starting in 2011, Oltchim has concluded with Astra Asigurări, an insurance policy of 10 million Euros against defective management of the plant, an amount which the managers of the plant are now requesting from the receivers of the plant.

The sale to KazMunayGaz (KMG) of about 25% of the shares owned by the Romanian government in Rompetrol Rafinare in exchange for 200 million dollars may be stuck in the Ministry of Finance, sources close to the situation say.

The collaboration between the Romanian and the Kazakh state, through the sale of a small stake of the block of shares which Romania owns in Rompetrol, to KazMunayGaz, the sole shareholder of the Rompetrol oil group, could connect Romania to the...

On the last monetary policy meeting, the NBR came up with a surprise by which it wants to convince us that it still holds a relevant position in the mechanism of an economy which is incapable of overcoming the recession.

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).

The Association of Capital Market Investors (AIPC) has notified illegalities on the delisting of Instirig Balş (symbol: INGT), on the Rasdaq market.

Reporter: What is your opinion on the steps recently taken by Cyprus and what effects will they have on the Romanian banking market?

The authorities in Poland are cooperating with certain Romanian companies for their dual listings on the Warsaw Stock Exchange, according to Pawel Tamborski, subsecretary of state in the Ministry of the Treasury of Poland.

The attendance rate at the General Shareholder Meetings of the BSE can function as an exit poll concerning the support of the management of the BSE, whose symbol is Lucian Anghel, the president of the Bucharest Stock Exchange.

A few days ago, Welt am Sonntag published a statement by Kai Konrad, economic advisor to Chancellor Merkel, by which he expressed his doubt about the chances of survival of the unified currency for more than five years.

Yesterday, after the Romanian National Securities Commission (CNVM) approved the decision of the shareholders of the company to implement dual management, Mihai Fercală, the president of SIF Transilvania, said that he will "most likely gof...

The current situation in Cyprus has recently sparked a "bitter" between the Cypriot president Nicos Anastasiades and the governor of the French Central Bank, Christian Noyer.

The case of the suspension of the operations of the Romanian branch of Bank of Cyprus has raised questions over the status of companies that have accounts opened with banks and are required to pay their taxes to the government.

Romanian entrepreneurs have gone through and are still going through difficult moments, businessman Gruia Stoica, the president of Grampet Group and president of the Romania-Kazakhstan business board says.

The members of the Parliament have made it their schedule to validate today the membership of the Financial Supervision Authority, which will incorporate the Romanian National Securities Commission (CNVM), the Insurance Supervision Commission...

Romanian women can succeed in business just as well as men, in fact, sometimes, they can even do so with more responsibility and increased care for details, without making any concessions when it comes to quality.

George Băeşu, the president of the National Authority for the Restitution of Properties (ANRP), considers that the current law of restitution, for which the government has taken responsibility in the Parliament, is the only reasonable solution,...

A recent news from Reuters states that this year, Ben Bernanke will not attend the monetary policy conference held at Jackson Hole by the Federal Reserve Bank of Kansas City.

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,...

In the interview she gave to BURSA, Iwona Sroka spoke about the Polish approach in authorizing the Central Counterparty (CCP), an institution which is a European requirement for the settlement of derivatives.

Starting with January 2013, Dutch banker Robert Rekkers is the general manager of Agricover Credit IFN, after he was appointed a non-executive member on the board of directors of Agricover.

George Băeşu, the president of the National Authority for the Restitution of Properties (ANRP), considers that the current law of restitution, for which the government has taken responsibility in the Parliament, is the only reasonable solution,...

The acquisition of ATE Bank România by Dorinel Umbrărescu is the result of the desire to lay the foundation of a lender with domestic capital that would serve the interests of entrepreneurs in Romania, said Marinel Burduja, former first...

The extravagant Italian designer Roberto Cavalli, yesterday arrived in Romania at the official inauguration of the boutique that bears his name, located in the "The Grand" gallery within the Marriott.

The Central Bank of Cyprus yesterday rejected the bids submitted by Banca Transilvania and Raiffeisen Bank for the total or partial takeover of the Romanian branch of Bank of Cyprus, according to sources, quoted by Mediafax.

The acquisition of ATE Bank România by Dorinel Umbrărescu is the result of the desire to lay the foundation of a lender with domestic capital that would serve the interests of entrepreneurs in Romania, said Marinel Burduja, former first...

The government yesterday assumed responsibility before the Parliament, for the new version of the restitution of the plots of land and the immovables which were abusively seized by the former communist regime, after weeks of talks, interventions...

The Romanian state has earned 72 million Euros from the sale of the 15% stake in "Transgaz" that was offered to investors through the Bucharest Stock Exchange.

Bucharest hotel owners have seen slight increase in turnover last year, compared to the previous years, as several factors, (economic, domestic, social) helped this outcome.

The restrictions placed in Romania by "Bank of Cyprus" violate the elements of the right of ownership stipulated in the Civil Code of Law, namely possession, right to use and the right of the owners to dispose of their goods as they see...

The offer of government to sell 15% of "Transgaz" (symbol: TGN) ended yesterday at 13:00, but the brokers did not announce its outcome until the closing of the edition.