English Section

1 septembrie 2014
"Secretive-hearted King Crypto reigned over the mushroom kingdom" (paraphrase of a poem by Romanian poet Ion Barbu).

THE BOARD OF THE BSE, ONCE AGAIN DISREGARDED BY THE CEOKing Sobolewski and Queen Tănăsoiu

ADINA ARDELEANU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 1 septembrie 2014

A decision with major implications when it comes to the execution of trades on the Romanian stock market - the move to the two-day settlement cycle ("T+2", instead of "T+3"), starting on October 6th,- seems to have been made by two people - Ludwik Sobolewski, the CEO of the Bucharest Stock Exchange, and Adriana Tănăsoiu, the CEO of the Central Depository (DC), even though the brokers who were consulted by them told them that the market is not ready and have proposed postponing this measure until January 1st, 2015 (according to a letter sent by the Association of Brokers).

What does Ioana Petrescu care if the dogs bark at her?

THE MINISTER OF FINANCE CONTINUES THE DEBATE OF THE MISSING FISCAL CODEWhat does Ioana Petrescu care if the dogs bark at her?

EMILIA OLESCU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 29 august 2014

In a caricature of public debate, the officials of the Ministry of Public Finance (MFP) insist on discussing a draft of the new Fiscal Code, which they are, however, keeping secret and only leak small chunks of it at conferences organized by an economic publication.

Information of a public nature, which concerns every Romanian taxpayer, becomes the subject of monopoly, thus helping some achieve people gain an edge or material benefits.

After minister Ioana Petrescu "presented" the Fiscal Code to approximately 100 people three weeks ago, but without making the draft available, yesterday, at a new event, similar to the first, a few articles that seemed to be part of such a draft were again presented and handed to the participants (even though those pages bore no mention of the source), compiled under the title "Building taxes".

Military sources: "Vladimir Putin wants to cut off Ukraine's access to the Black Sea"

THE RUSSIAN-UKRAINEAN CONFLICT, ABOUT TO EXPLODEMilitary sources: "Vladimir Putin wants to cut off Ukraine's access to the Black Sea"

ANA ZIDARU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 29 august 2014

Yesterday afternoon, Ukraine summoned its Security and Defense Council, and president Petro Poroshenko postponed his visit to Turkey, after Russian armed forces allegedly entered the country through the South-East, conquering the city of strategic importance Novoazovsk (port at the Azov Sea), of the Donetsk region, Reuters writes.

I don't think there is any other country in the world where the courts render conflicting rulings

THE MAJORITY SHAREHOLDER HAS BEEN UNABLE TO HOLD THE GENERAL SHAREHOLDER MEETING AT BUCUR OBORI don't think there is any other country in the world where the courts render conflicting rulings

Recorded by ADINA ARDELEANU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 28 august 2014

Laurenţiu Postovaru, who controls 49.89% of Bucur Obor (BUCU), says that in order to keep their seats, the members of the current Board of Directors are using as an excuse to keep their seats, a court ruling, according to which the shareholders whose shares in the company were stolen in 1999, must get them back.

AnuntBursa.ro
ConstructiiBursa.ro
Evenimentele BURSA
Suplimentele BURSA

The trail left in the BURSA newspaper

Ziarul BURSA #English Section / 20 august 2014

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...

Save Vama Veche... from itself!

Save Vama Veche... from itself!

LUCIA DUMITRESCU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 19 august 2014

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.

"If they do not take action, an increasing number of states will end up with terrorism on their doorstep"

EXCLUSIVE HIS EXCELLENCY, DAN BEN-ELIEZER, THE AMBASSADOR OF ISRAEL:"If they do not take action, an increasing number of states will end up with terrorism on their doorstep"

PETRE BARAC (translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 28 iulie 2014

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...

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