English Section

2 martie 2014
Tudor Ciurezu and Ana Bobircă exchanging blows

THE CONFLICT AT THE TOP OF SIF OLTENIA HEATS UPTudor Ciurezu and Ana Bobircă exchanging blows

ADINA ARDELEANU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 27 februarie 2014

Ciurezu: "The statements of Mrs. Bobircă - liable to manipulate the market" 

Bobircă: "The accusations appearing in the press release by Mr. Ciurezu - completely unfounded and lacking any legal or factual foundations"

The president of SIF Oltenia considers that a dividend similar to that of last year could represent an optimal profit distribution ratio

The directors of SIF Oltenia have revealed the fight which had been going on for some time within the Board of Directors, with the factions being gathered around chairman Tudor Ciurezu and Ana Bobircă, who represents the "Business Capital for Romania Opportunity Fund", owned by BCR and Florin Pogonaru.

The Greeks, once again caught fudging the numbers

FIVE BILLION PER BANK!The Greeks, once again caught fudging the numbers

A.S. (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 26 februarie 2014

The fourth largest Greek lenders would need additional capital of 20 billion Euros, according to some estimates made by the IMF, obtained by the Financial Times.

The amount is almost four times higher than the amount announced at the end of last week by bank sources and derived from an analysis made by asset manager BlackRock for the Central Bank of Greece.

The estimate of the authorities from Athens was sent to the representatives of the Troika of international creditors (the IMF, the European Commission, and the European Central Bank) before their arrival, yesterday in the Greek capital, to resume the talks on the evaluation of the implementation of the financial aid agreement.

The 6% stake in BCR creating discord at the top of SIF Oltenia

The 6% stake in BCR creating discord at the top of SIF Oltenia

Adina Ardeleanu (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 26 februarie 2014

Consensus is no longer at home on the Board of Directors of SIF5 Oltenia.

In the market, there are rumors that the disagreements have occurred because president Tudor Ciurezu and Florin Pogonaru, one of the largest indirect shareholders of SIF5, don't seem to agree on the sale of the 6% stake in BCR, owned by the company.

The Alphaville Constructor from Braşov will develop a residential project in Nice

The Alphaville Constructor from Braşov will develop a residential project in Nice

OVIDIU VRÂNCEANU (Translated by: www.silktrans.com)Ziarul BURSA #English Section / 25 februarie 2014

The Alphaville project constructor from Braşov, the Aldra division of the Bermo group from Arad, extends on the external market, preparing a residential project in Nice - France. The representatives of the company didn't want to make more comments on this topic, following the company to make more details public, after the company participates in the Cannes Real Estate Fair.

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The unimpaired ethics of the NBR

The unimpaired ethics of the NBR

IOANA POPA (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 24 februarie 2014

Particularly so since Cornel Cojocaru came to the Press Office of the National Bank of Romania, the team of that department has been incessantly talking about ethics, using it as an excuse to justify its discriminatory behavior in its relations...

Three people who are in full agreement with one another.

Isărescu + Ponta = Yitzhak

MAKE (translated by Cosmin Ghidoveeanu)Ziarul BURSA #English Section / 13 februarie 2014

Governor Mugur Isărescu had not yet responded to Traian Băsescu, yesterday by 17:30, even though yesterday, the president had explicitly and firmly asked him, in public (on B1TV), while making unprecedented accusations, that the National Bank is...

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