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12 februarie 2014
Is Horia Ciorcilă leaving Banca Transilvania?

RUMORS THAT ARE OFFICIALLY DENIEDIs Horia Ciorcilă leaving Banca Transilvania?

ALEXANDRU SÂRBU (translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 12 februarie 2014

Mr. Costel Ceocea, the president of SIF 2 Moldova and member on the Board of Directors of Banca Transilvania, officially deny the persistent rumors that Mr. Horia Ciorcilă, the president of Banca Transilvania, is getting ready to leave the bank and to sell his shares: "I have contacted Mr. Horia Ciorcilă, the president of the Board of Directors. I did that because you have implicitly confirmed that I involuntarily came in possession of a piece of information which, as a member of the Board of Directors of Banca Transilvania I consider as having a potentially negative impact on the stock and the image of BT (of which SIF 2 is a shareholder).

"The gold market - an alternative to the stock market in the long run"

LIVIU DUMITRESCU, AUROM METAL INVESTMENT:"The gold market - an alternative to the stock market in the long run"

EMILIA OLESCU (translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 11 februarie 2014

The gold market is definitely an alternative to the stock market, in the long run, says Liviu Dumitrescu, CEO of "Aurom Metal Investment".

"Specialists say that some of the individual investments must include gold, and whoever wants to invest in gold should buy pure gold", he said, and he went ton to say that people who bought gold give years ago, paying ten dollars per gram, stood to gain, as the gram of gold now costs 30 Euros.

Aurom has entered a partnership with Rand Refinery, the biggest integrated complex for melting and refining precious metals, which has announced its entry on the market yesterday.

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"It is a matter of time until a new case like Harinvest happens, if we do not manage the systemic risks"

THE HARINVEST CASE/ SOBOLEWSKI RESPONDS TO THE ASSOCIATION OF BROKERS:"It is a matter of time until a new case like Harinvest happens, if we do not manage the systemic risks"

ADINA ARDELEANU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 20 decembrie 2013

The CEO of the Bucharest Stock Exchange, Ludwik Sobolewski, stands by his opinion that brokers need to meet stricter requirements for being allowed to participate in the market, after the Association of Brokers, both through president Dan Paul,...

"Romenergo" splits off

VLAD PÎRVU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 9 decembrie 2013

The bonds of "Romenergo" which SIF1 Banat-Crişana bought this summer will become part of the patrimony of "Industrial Energy", a company which will be created after the split-up of "Romenergo", which was approved by the...

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