The Board of Directors of SIF Banat-Crişana has decided to reduce the share capital, based on an article of the company's articles of incorporation, according to a report sent to the Bucharest Stock Exchange.

The Prosecutors' Office of the High Court of Cassation and Justice has ruled not to begin prosecution against Cristian Sima, the former CEO of Sibex/broker who fled Romania last year, after several of his clients accused him of having lost...

The message which the European Commission sent to the Greek banks did not concern their departure from South-Eastern Europe, but rather, the capping of potential future development in the region, said Lucian Croitoru, advisor on monetary policy...

AdePlast plans to invest 19.5 million Euros in a new plant of rockwool, and has turned to the Bucharest Stock Exchange for financing.

The exploitation of Roşia Montană continues to shed light on the moves taking place on the Romanian political and social scene. Many of the games for the presidential elections and for the leadership of some of the most important institutions of...

The shares of the Proprietatea Fund, the star stock that accounts for approximately half of the turnover of the Bucharest Stock Exchange, have impressed investors, by posting one new high after the next, especially after the Fund began its second...

Two of the contracts considered as unprofitable, concluded by the Romanian Lottery with the Intracom-Intralot-Lotrom group of Greek companies are generating extreme interest, because their expiration is getting near. The question arises whether...

The situation of the economy is completely the opposite of the one presented by the statements of the authorities, says Ioan Niculae, the owner of InterAgro and president of the Forum of Domestic Investors.

The investigation of the authorities concerning the circumstances behind the acquisitions of a block of shares of 9.7% of Banca Transilvania by Bank of Cyprus has reached a "critical point", said in the beginning of this week, the deputy...

Finally, on Tuesday, the Financial Oversight Authority (ASF) found the complaint filed by Mr. Gheorghe Palade, concerning the theft of shares that he was a victim of, after Radu Soviani, the spokesperson of the ASF had said on Monday that no such...

The Romanian energy market has been struggling for some time now, with the dramatic drop in the gas and electricity consumption and the need to improve the efficiency of production.

A new case of theft of shares, similar to the one which the head of IFC Romania, Ana Maria Mihăescu fell victim to, was reported to us by a reader, which would show that on the Romanian stock market, such "events" are not isolated, even...

Rumors have been making the rounds in the banking market, according to which Radu Graţian Gheţea is going to step down as CEO of CEC Bank and to take over a position of vice-president of the bank. However, Mr. Gheţea told us that he intends to...

The private pensions division of the Financial Oversight Authority (ASF) has decided to prevent the private pension funds from trading shares, on Friday and today, in order to review their portfolios, after the BURSA newspaper was the absolute...

Andre Cappon, the chairman of the CBM, Group, Inc. from New York, has followed the event "The strategy for the relaunch of the stock market", organized by the BURSA newspaper on September 12th, and has sent us some comments.

There are no things on Earth (and beyond) that can't be "seized" by the Silicon Valley elite, regardless of how hard it may be to obtain or how bizarre the ideas of some people may seem at a certain time.

The Romanian authorities are also interested in how the shares of Romgaz will perform after the IPO, given that the Romanian state will remain a majority shareholder, and as a result they want to have a mechanism for the stabilization of the price.

I don't know how Ben Bernanke pictures the way future historians will look at his "legacy". The Princeton professor came to the helm of the Federal Reserve surrounded by his aura of expertise in the Great Depression of the 30s. He...

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.