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Three of the five financial investment companies (SIFs) - SIF1 Banat Crişana, SIF2 Moldova and SIF4 Muntenia, may be interested in becoming shareholders of Banca Comercială Carpatica (BCC), market sources claim.

The Financial Oversight Authority (ASF) will no longer charge any fees for government bonds trades on the Bucharest Stock Exchange, according to the new set of tariffs approved on Wednesday, which also lowered the fee for stock trades from 0.08%,...

The Financial Oversight Authority (ASF) has hired law firm "Ţuca Zbârcea & Asociaţii", to advise it on labor legislation, during the restructuring process, according to some market sources.

Reporter: What effect do you expect the listing on the London Stock Exchange will have on the liquidity of the BSE?

The Gefco Romania logistics company for industry assists the international project for sustainable development in the Transalpina (Clean Mountains and Waters Project), by the construction materials' donation, according to a press release sent...

The Chinese have allegedly asked the Enel officials for access to the data room of the assets of the Italian group in Romania, sources close to the situation claim.

Businessman Dinu Patriciu (aged 64) died yesterday in a clinic in London, after having suffered for a long time due to an unforgiving disease.

Dinu Patriciu was a personality who has left a mark on the transition period, both in politics and in business. In the beginning of 1990 he set up the very first private company in Romania, called Alpha Construcţii şi Investiţii Imobiliare, and...

The boulders have been removed from the beach in front of the castle of Queen Mary in Balchik and yet tourists flock to the other holiday spot not very far from it, where you hurt your feet on rocks when going into the water.

"Prodplast Imobiliare" (symbol: PPLI on Sibex), more specifically the building it owns in the center of Bucharest, is the new bone of contention between Tudor Ciurezu, the president of SIF Oltenia, and businessman Florin Pogonaru.

The Biofarm Bucuresti (BIO) pharma producer sales rose by 4.7% during the first semester, to 61.1 million lei (EUR 13.7 million), while the profit rose by 9%, to 14.74 million lei (EUR 3.3 million), according to the financial results for the...

The Board of the Financial Oversight Authority (ASF) has approved the "STEAM - The plan for action intended to secure the status of Emerging Market" project, which represents a program for the reformation of the Romanian capital market,...

The volume of construction works dropped to six months by 10.2%, as gross series, taking into account the drops in capital repairs' works, by 18.4%, and in the maintenance and current repairs, by 12%, and as adjusted series after the number...

Reporter: What is the current progress of the elimination of the eight barriers which hinder the development of the stock market? When is the integral elimination of the eight barriers expected to happen?

Longevity has reached a record-level in the developed countries. In France, for example, women live on average 85 years, which is three and a half times more than the life expectancy in mid 18th century, which was limited at 25 years.

Constantin Frăţilă has been dismissed from the position of member on the Supervisory Board of SIF3 Transilvania, following yesterday's General Shareholder Meeting, and all of his proposals have been rejected.

The installed power in the renewable energy production units might rise by 57.4%, next year, from 4.350 MW to almost 7.000 MW, as the authorities estimate.

Click!, I turn on Antena 3 on CNN, and I see "TV CHANNEL SEIZED" displayed on the screen, in red letters.

The Bucharest Stock Exchange has yesterday published its financial results, which it presented in a triumphalist manner, in the report for the first semester of 2014. Nicolae Gherguş, general manager of Confident Invest and vice-president of the...

Lukoil may be forced to sell its Romanian assets, if the conflict between the Russian Federation and Ukraine escalates, says Constantin Tampiza, former CEO of Lukoil România.

The Ministry of Finance has recently announced that it is preparing a bonds issue aimed at retail investors, in other words any citizen that has at least 1,000 lei available, the face value of such a security.

The business of Frank Timiş in Africa will take place normally, in spite of the threat of the Ebola Virus, according to his own statements made at the end of June, during a tour in four African countries.

The Romanian Association of the International Drug Manufacturers (ARPIM) and the Association of Generic Medicine Manufacturers in Romania (APMGR) consider that the supplementation of the drugs' budget must be considered a priority for the...

This year as well, the official statistics have continued to show that our economy is growing, and the unemployment is dropping.

The so-called "public debate" of the new Fiscal Code with the representatives of the academic and business sector, initiated by the Ministry of Public Finance, has confused even the employees of the Ministry.

Hidroelectrica SA has made a milestone profit of 509 million lei, in the first six months, up 28 million lei compared to the similar period of last year, amid a drop in revenues, which led to much criticism against the receiver of the company,...

The Council of Foreign Investors supports the cut of the Social Security Contributions (CAS), but the measure must be sustainable, so that the budget can meet the deficit target in the coming years without the need for further tax increases, Mr....

The young lady who has come out of the mist to take the seat of Minister of Finance, gets affected emotionally by any contact with anyone else except herself, meaning she is incapable of understanding the meaning of "public" (even though...

Shale gas exploration in Romania will continue, the Chevron American company representatives stated.

The absence of the draft of the Fiscal Code continues to keep the interest of the public opinion high.

His Excellency, Mr. Dan Ben-Eliezer, the ambassador of Israel in Bucharest, told BURSA in an interview: "If it isn't stopped, Hamas will continue to develop its capabilities for terrorist mega attacks, but for this process we need strong...

The group of shareholders rallied around BCR-Erste, which last year held 8.78% of the equity of SIF5 Oltenia, has pared down its stake in the company, down to the legally allowed limit of 5%, according to a decision of the Financial Oversight...

Sobolewski's contract!

"Bucur Obor" (BUCU) is going through another row, this time between the management, through Gelu Manea, the president of the Board of Directors, and the largest shareholder Laurenţiu Postovaru, after the one caused by the theft of shares...

Orlando Nicoară, the CEO of Mediafax Group S.A., posted a message in the comment section of the BURSA website, on the article "Open letter to finance minister Ioana-Maria Petrescu", published yesterday, where I discussed the...

The tragedy occurred on July 17th, 2014. Now, there are attempts to find the authors behind the act, the ones who fired that missile, the data is being analyzed to find out where it has been launched from, international investigations are being...

• UPDATE  

It would seem that brokerage firm "Carpatica Invest", involved in a scandal which concerns the making of trades which were not authorized by its customers, which was also investigated by the prosecutors of the DIICOT, will not recover...

I don't think that the Government did not draw up the impact assessment of the cut of the Social Security Contributions (CAS), like the movie of high-level meeting held in Cotroceni between president Traian Băsescu and prime-minister Victor...

Last week, Bank of Cyprus started its road-show for promoting itself among foreign investors, in an attempt to raise 1 billion Euros, through a capital increase, the Cypriot press reports.

Adrian Vasilescu exaggerates when he claims that "A world without banks is a world without money, and without money there is no economy", like he said on Sunday, on the show of Emil Hurezeanu on TV DIGI 24, because such a statement...