It would be a very nice thing that the bank doesn't ask you what valuables you have put inside the safe deposit box, if those valuables didn't get stolen afterwards.

The banking union is a necessary exercise for the European Union, according to the vice-president of the European Investment Bank (EIB), Mihai Tănăsescu.

The Court of Bucharest yesterday decided to take into preventive custody for 29 days Ioan Mihăilă (member of the Supervisory Board of Hidroelectrica and advisor to Minister Delegate for Energy Constantin Niţă) and of Eugen Brădean (head of...

Dan Voiculescu, the founder of the Conservative Party (PC), is a name which is being mentioned again in connection with Oltchim, at a time when the authorities are preparing for a new attempt to privatize the company, this time through the...

The true test for the Romanian stock market is the Romgaz IPO, on which the hopes are pinned to help revive the liquidity and to draw in new investors and issuers.

Dragoş Bîlteanu, the president of SIF1 Banat Crişana, told us, in an interview, about the decisions which the management of SIF1 made since it began its term, as some of them were considered controversial by some voices in the market.

Joining together in cooperatives is a solution which could not only ensure the survival of small farmers in times of crisis, but also help them achieve far higher revenues, considers Sorin Minea, the president of the Federation of Professional...

Many businesspeople operating in the agricultural sector have lost financing contracts concluded as part of the National Program for Rural Development (PNDR), amounting to a total of 300 million Euros, according to the numbers provided by the...

The financing ability of the farmers represents the main obstacle for the market for farming equipment, said Narcis Somesfalean, the president Valtec Tractors România.

The new common agricultural policy is set to come into effect next year, and Romania doesn't have a program for national development, according to the statements of presidential advisor Adrian Rădulescu, who thinks that the blame for this...

Romania produces at least 4 million liters of milk each year, but very large quantities of milk do not enter the economic circuit, according to the president of the Romanian Professional Association of the Milk Industry (APRIL), Dorin Cojocaru.

The European Commission does not agree to the project promoted by the Romanian authorities concerning the sale of land to individuals, said Achim Irimescu, secretary of state in the Ministry Agriculture and Rural Development (MADR), and he said...

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.

There are still farmers in Romania working with equipment that belongs in a museum, according to Laurenţiu Baciu, the president of the Romanian League of the Farmers' Associations (LAPAR), who added that, even though it is the most important...

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...