The receivers of Oltchim, which has been declared insolvent on January 30th, have succeeded in securing the much sought after financing, intended to set the foundation for increasing output to a profitable level.

Last week brought a first in the area of the monetary policies promoted by the main European central banks, the European Central Bank and the Bank of England.

Taking into consideration the population present in Romania alone, prime minister Victor Ponta claims that only 8,134,920 voters would have been enough for last year's Referendum (July 29th 2012), for president Băsescu to be suspended, a...

The labor union of the Cernavodă nuclear power plant has filed a statement of opposition at the Trade Registry, against the registration of the decision of the shareholders of Nuclearelectrica to increase the share capital of the company for the...

The general manager of Tarom, Christian Heinzmann, did not comply with the guidelines set by the directors of the Board of Directors of the Company, Dan Pascariu, the chairman of the Board of Directors.

SIF Moldova, one of the largest shareholders of the Bucharest Stock Exchange, with a stake of 5%, yesterday sent an open letter to the shareholders of the BSE, the Board of the Stock Exchange and Lucian Anghel, the president of the BSE, in which...

The latest annual report of the National Bank of Romania (NBR) suggests that it is exercising caution when it comes to the solutions which have been proposed for dealing with the current economic crisis.

The Romanian National Bank has cut the monetary policy, according to the uncommon statement by governor Isărescu from two years ago.

The prospectus of the listing of Nuclearelectrica is currently in the making. The company and the Office for the State's Interests and Industrial Privatization (OPSPI) are working together with the intermediary on the "risks" section,...

Ludwik Sobolewski, the former CEO of the Bucharest Stock Exchange will be the new Chairman of the Bucharest Stock Exchange (BVB), after he was appointed by the Board of Directors of the Exchange which was gathered last night.

"Lenovo" intends to introduce its entire range of tablets in the markets in South East Europe (SEE) this summer, according to Ivan Bozev, the manager responsible for the region. The launch of smartphones will take place in the same...

At the General Shareholder Meeting of Friday, Lucian Anghel has snuck away, just like he usually does,- in his case, the last impression confirms the one he had left to people earlier, and all of them confirm the initial impression.

The seats of the directors of the BSE are on shaky ground, after Friday's General Shareholder Meeting, which had on the agenda the creation of the Central Counterparty, (ed. note: CCP, an institution which will become mandatory for the...

The Competition Council has begun the cooperation with the representatives of the European Commission on the matter of the privatization of CFR Marfă, with the two authorities to decide whether the acquisition by Grup Feroviar Român (GFR) of the...

In the beginning was denial. The financial crisis sparked by the subprime crisis in the US was not supposed to extend to Europe, according to the statements of the officials which were being made a few years ago.

The Bank for International Settlements (BIS), also known as the bank of central banks, was one of the few institutions that issued warnings before the onset of the global crisis in 2007.

Yesterday, Europe was dealt a heavy blow in its crusade for proclaiming its energy independence from Russia.

The Government has decided that it is time to take steps to amend the subsidy scheme for renewable energy to bring the bills paid by consumers down to a bearable level.

The Bank for International Settlements (BIS), also known as the bank of central banks, was one of the few institutions that issued warnings before the onset of the global crisis in 2007.

Published this week, the interview with Iulian Fota, the presidential advisor of president Traian Băsescu, sparked reactions among our readers.

Wesley K. Clark, former NATO general and currently honorary advisor to Prime Minister Victor Ponta, yesterday joined the investment group Blackstone Group, with the position of consultant in the energy sector, as well as director of Fisterra...

Presidential advisor on matters of security, Mr. Iulian Fota, granted us an interview, in which he discussed a series of issues which are stringent for Romania: the economic crisis, the deprofessionalization of the central administration,...

Grup Feroviar Român (GFR), controlled by businessman Gruia Stoica, is the only competitor left in the race for the privatization of CFR Marfă, after Transferoviar Grup, which was on the shortlist as part of a consortium with Austrian investment...

The government wants to make a maximum of 300-350 million lei (66-78 million Euros) for the stake of 10% of din Nuclearelectrica, which it will sell through an IPO on the Bucharest Stock Exchange, according to the statements made yesterday by...

The Financial Oversight Authority will be left with just 11 members, after the Parliamentary Commission of Budget-Finances and Economics in the Senate and the Chamber of Deputies yesterday fast forwarded through hearing and validating the new...

The appetite of Russian businesspeople for investing in Romania has shrunk lately, especially due to the difficulty they are encountering in speaking to the authorities of the state.

The European Bank for Reconstruction and Development (EBRD) is reviewing granting a syndicated loan of up to 96.6 million Euros to the company Land Power, controlled by Russian group Lukoil and ERG Renew of Italy, for the construction of a wind...

The stock market will have a hot week, with appointments at the Financial Oversight Authority and possibly at the top of the Bucharest Stock Exchange.

Do you remember the story of the boy who cried wolf too many times?

The excess regulation is one of the factors that have heavily slowed down the absorption of European funds, said Eugen Teodorovici, the minister of European Funds.

Reporter: How will we be able to get past the current absorption rate of 15%?

The members of the Parliament - the deputies and senators of the Budget and Industries Commissions - yesterday began closely poring over the activities of the regulator of the energy market (ANRE), which has presented its activity report for the...

Had my colleague Adina Ardeleanu not told me, on the 21st of last month, that Radu Soviani became the spokesperson of the Financial Oversight Authority (ASF), then I would still be thinking that he was simply the anchor of "The money...

Reporter: What do you think about the summoning of the General Shareholder Meeting for the disbanding of the Central Depository in order to have the Sibex group participate in the creation of the Central Counterparty?

The abjection "Why is Romania different?", a book by historian Lucian Boia, which owes its success among "Romanians" to the claim that "they" do not have a structured national identity (a paradoxical success, isn't it?!

Even though the issue of the aging of the population and of the strain it is putting on the state budget is no longer something new, the recent report of the European Commission (CE) concerning Romania's National Program for Reform has given...

The government has decided to reduce the number of members of the Supervisory Board of the Financial Oversight Authority (ASF), set up on April 29th, from 17 to 11, through an emergency ordinance adopted yesterday.

The low degree of use of bank services in Romania is caused by the fact that an important segment of the population does not want or can not use the services provided by banks, says Radu Graţian Gheţea, the president of the Board of Directors of...

Two major foreign investors are courting Salrom for revitalizing the graphite mine in the county of Gorj. Amid the latest research in the field, the graphene obtained from the common graphite has created a veritable technological revolution, as...

Sorin Alexandrescu, the general manager of Antena TV Group, was placed on preventive arrest for twenty nine days, at the end of last week, following a ruling of the judges of the 1st district of Bucharest, upon the proposal of the prosecutors of...