English Section

Chief of Mission of IFC Romania, Ana Maria Mihăescu, was recently the victim of a theft of shares of over 200,000 Euros, and the case is already on trial in the Court of Sibiu.

A major bank in China is negotiating a partnership or a potential takeover of Erste Bank Austria, sources close to the situation told us.

According to some market sources, businessman Alin Tatu yesterday sold his 5% stake in SIF1 Banat Crişana, in a trade on the "Deal" tier of the market, following a spectacular hike on the quotations of the market.

Raiffeisen Bank International (RBI), the majority shareholder of Raiffeisen Bank România, has revised upwards its estimates concerning the level of provisions for non-performing loans which it will need to set up this year.

Remus Borza, the president of the Supervisory Board of Hidroelectrica, will leave the company, prime minister Victor Ponta said in Târgu Jiu. This statement was made yesterday, without any further clarifications, when a priest in Gorj asked...

Shares of SIF Banat Crişana (symbol:SIF1) rose almost 12.5% before the close of Friday's trading session, on a trading volume four times greater than the one of the previous session.

Shares of the Proprietatea Fund (FP) have reached a new historic high on Friday, of 0.7105 lei, and closed the session at 0.7080/share, up 1.29% over the previous session.

Cable and conductor maker Romcab Târgu Mureş is working on an issue of convertible bonds and will co-opt in this process the IFC, the investment division of the World Bank. A the same time, the officials of the company are considering raising...

Yesterday, after a long time, the stock market seemed to have come out of its numbness, judging by the interest shown in the conference "The strategy for the revival of the stock market", organized by the BURSA newspaper, at the World...

The stock markets have become, especially over the last few years, a favorite target of the monetary policies of the central banks.

All the ministers in the Ponta government and the president of the PNL Crin Antonescu have agreed to the Roşia Montană project, according to yesterday's statements by the prime minister.

The Social Liberal Union is at risk of falling apart because of the disagreements between Victor Ponta and Crin Antonescu concerning the gold mining exploitation of Roşia Montană.

The Committee of Creditors of Oltchim is being summoned on Wednesday, to approve the sale of Ramplast, the maker of PVC profiles owned by Oltchim.

Nuclearelectrica is the main beneficiary of the liberalization of the energy market, Daniela Lulache, the chairman of the company, said on Friday. In her opinion, the main risk for the nuclear energy producer comes from the evolution of the...

Despite the protests of the stock market community, including those of the officials of the Bucharest Stock Exchange, related to the structure of the Romgaz IPO, which would be divided into shares listed on the BSE and GDRs (global depository...

BT Securities, one of the intermediaries of the listing of Nuclearelectrica, will open on Monday, a mobile office at the nuclear-electric plant of Cernavodă, several sources from within the company told us.

Raiffeisen Bank, one of the seven banks that is supposed to recoup millions of Euros lent to Cuprom SA, has filed an appeal on Wednesday with the Court of Bucharest against the decision of the assembly of creditors to reject the new plan for the...

His Excellency Dr. Bahador Aminian Jazi, the ambassador of the Islamic Republic of Iran in Romania, granted us an interview in which he kindly provided us with perspective on the manner in which the conflict in Syria will occur, the reasons that...

Autumns brings ill tidings. No, it's not just the imminence of an American attack on Syria, bt also about the imminence of the negative economic trends over the last few months, which are ignored for the most part during holidays.

The offer for the listing of Romgaz has to be structured so that most of it will come in the form of shares on the Bucharest Stock Exchange and only a little party be structured in the form of GDRs (global depository receipts) in London.

The questions that have cast a shadow from the very beginning on the procedure for the privatization of CFR Marfă hve followed this process all the way until its end, as the sale of over half of the shares of the railroad operator was made by a...

The listing of Romgaz, the largest natural gas producer in Romania, is crucial for the future offers scheduled by the Romanian state, meaning that the Romanian authorities can't afford any misstep at the moment.

The "subprime" notion entered the domestic financial vocabulary after the effects of the financial crisis could no longer be ignored by our authorities.

The former receiver of Hidroelectrica, Remus Borza, is being indicted, together with his business associate (ed. note: Nicoleta Munteanu) for conflict of interest, said Ionuţ Oprea, spokesperson of the Prosecutor's Office of the Bucharest...

In answering that question, it would seem that a solid contender to do so is the past, in other words the layered history of the Cold War, or, respectively, of the rather unsuccessful attempts of the last two decades to overcome its schemes,...

The scenario of the "civil war in Syria" could very soon escalate into the a real "show of force", if the international institutions and the Western countries decide to (openly) intervene on the Syrian territory.

The reconstruction of the national irrigation structure could be financed by issuing bonds and selling them to the population, sources in the sector say. The recent statements of Daniel Botănoiu, secretary of state in the Ministry of Agriculture...

A sneaking intervention through the back-door , in the "Friendly polemic" in the BURSA newspaper, dedicated to the strategy for the turnaround of the Romanian stock market, happened yesterday, through the pens of the journalists of...

Before going on their summer holiday, twenty American congressmen - 13 Republicans and 7 democrats - asked Secretary of State John Kerry to protest against the Law of restitution for which the Ponta Government has taken responsibility. The...

Gabriel Filimon has resigned yesterday from the position of president of SAI Muntenia Invest, the manager of SIF4 Muntenia, leaving the seat available for SIF Banat Crişana, which recently obtained the approval of the ASF for acquiring the...

The listing of Nuclearelectrica continues, as it is estimated to take place in September 2013, according to the statement by Daniela Lulache, the managing director of the company.

The Egyptian authorities have announced the state of emergency yesterday, for a month, following the bloody conflicts which led to at 124 dead and many wounded, in just one day.

Just when, disappointed again, I had published my conclusions on the "friendly polemic" concerning possible strategy for a turnaround of the capital market, readers that don't agree with my opinions joined the fight, in larger numbers...

British company UMEX Securities, which offers trading services compliant with the Sharia (the Islamic law) intends to extend its team in our country, its representatives told us.

The story of the BURSA newspaper can be told in two ways.

Not even now, during my recent polemic, did I receive the answer to my proposals.

The electronic and electrotechnical industry are requesting the creation of a bank with Romanian capital that would finance competitive activities of applied research, innovation and production.

Last night, the Board of Directors of the BSE had a semi-formal meeting with some of the shareholders of the Bucharest Stock Exchange, in which to find out how the shareholders about the hot topics of the day, such as the switch to the dual...

The expansion of the global financial crisis in the developed economies has led to a major redirection of capital flows towards the emerging markets.

The US government has filed a lawsuit against "Bank of America" Corp., the second largest American bank in terms of assets, accusing it of having defrauded investors in a deal worth 850 million dollars with mortgage backed securities.