English Section

Lately, the Ministry of Agriculture has taken several steps when it comes to rural development. One of them concerns encouraging small farmers that have less than 5 hectares of land to associate.

Almost 200 people have attended the "Profitable Agri-Business", organized by "BURSA".

This week, American company Chevron wanted to begin the installation of the rigs for the exploration of the shale gas in the Vaslui area, even though the authorities have not presented to the citizens so far, a study concerning the effects of...

Lenders are really interested in agriculture and that sectors represents one of the priorities of BCR Leasing.

The policies of commercial banks when it comes to lending to agricultural businesses subject farmers to all kinds of financial risks, according to Robert Rekkers, the CEO of Agricover Credit IFN, the financial division of Agricover Group.

The Romanian state has once again failed in its bid to privatize CFR Marfă.

International group Cargill recently announced a 41% drop of its profit in the first quarter of this year, amid a slowdown in the international grain trade following last year's drought.

After the agreement of American group Verizon Communications, to buy the 45% stake owned by Vodafone in their joint-venture in the US, the market has began fretting over the rumors that British group Vodafone may acquire Liberty Global (UPC), the...

The Proprietatea Fund (FP) will pay 1 leu per share in the program to buy back 4.35% of its own shares, at a price which is 34.22% higher than the current price in the stock market, meaning that the offer amounts to 600 million lei (134.4 million...

After recently securing the agreement of the authorities to install the first well in Bârlad, in order to exploit shale gas, American company Chevron has continued its steps for exploration in the county of Constanţa as well.

The decision of the management of SIF1 Banat Crişana to reduce its share capital has no legal power, considers Mircea Ursache, the vice-president of the stock market division of the ASF, who claims, however, that the SIFs should align with the...

The big consultant from Big Four who advised SIF1 Banat Crişana to create in Cyprus its holding for the stakes in the real estate sector apparently neglected to tell their client that being a listed company, it is required to report almost...

The Minister of the Economy, Varujan Vosganian, yesterday handed in his honorable resignation from the Government. Yesterday at lunch, after the request to begin prosecution against him was rejected in the plenum of the senate, minister Vosganian...

Reporter: What can you tell us about the construction of the in Piteşti-Pancevo oil pipeline, in which Oil Terminal is involved, along with Conpet, Gazprom and Transnafta?

The process by which the head of IFC Romania, Ana Maria Mihăescu, saw shares worth 200,000 Euros stolen from her brokerage account and then sold, began on February 26th, at Carpatica Invest, where a broker issued an account statement and a list...

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...