The Council of Banking Professional Associations in Romania (CPBR) currently has six member banks, after ING and Volksbank joined its founding banks BCR, BRD-Groupe Societe Generale, Raiffeisen Bank and UniCredit-Tiriac Bank in July.

Through the secondary listing of the Proprietatea Fund (FP) on the London Stock Exchange we want to attract additional demand for the shares in the portfolio of the Proprietatea Fund from investors that have no placements in Romania, says Marius...

The Romanian capital market isn't working and this is happening because there is no money on the stock exchange, says Marian Petre Miluţ, the president of Prefab.

The kindness of the government when it comes to privatizations has led to the increase of the performance of the Bucharest Stock Exchange, without the market having displayed any improvement in its attitude or in its strategy.

The issue of loans denominated in Swiss Francs (CHF) is becoming increasingly disputed in the Parliament, where it seems that an increasing number of controversies are taking place concerning the numerous draft laws filed on the matter.

The Proprietatea Fund (FP) is reviewing the announcement made by Nuclearelectrica (SNN), concerning the intention to increase the share capital by 241.5 million lei, and has asked the company for additional information, according to Greg...

"Read the prospectus carefully" is a piece of advice that applies not only to drugs, but to financial products as well. A practice reported by some readers, as well as by analyst Valentin Cismaru, is the pushing by the banks of...

The draft law which says that borrowers that have taken out loans denominated in foreign currencies may be allowed to repay early or to refinance their loans at the exchange rate effective at the time the loan was contracted was approved...

The increasing closeness between Austria and Russia seems to have greatly upset Traian Băsescu, who has announced yesterday that he has sent a message to the Austrian officials of OMV, telling them that they would be Romania's partners as...

Reporter: The economy has entered a recession, after two consecutive quarters of economic contraction. How do you think the economy will evolve in the coming months, given a weaker harvest, the drop in investments, the drop in exports and the...

The harsh attack of the CEO of SIF Oltenia, Tudor Ciurezu, against businessman Florin Pogonaru, has received a response, indirectly, from the management of "Prodplast Imobiliare" (PPLI).

The Department for Energy yesterday put up for public debate, the project for the expansion of the schedule for the liberalization of the price of natural gas for the population by 2021.

The criteria for the evaluation of the insurance companies in Romania have been agreed by the Financial Oversight Authority (ASF) in cooperation with the European Insurance and Occupational Pensions Authority (EIOPA) and the European Commission,...

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...

The Delegated Minister for Energy, Răzvan Nicolescu, reported a moment ago that he will propose the European Commission the gas price postponement for population till 2021.

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...

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...

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...

The Financial Oversight Authority (ASF) has notified the competent bodies, after reviewing two complaints from investors, who reported that their shares were sold through "Harinvest", even though they did not have a contractual...

There are no commercial or political pressures in Pro TV, people are simply allowed to do their job and are focused on it, Aleksandras Cesnavicius, the CEO of Pro TV said yesterday, at the event for the launch of the autumn schedule of the...

The preparations for the construction of Serbia section of South Stream pipeline is on schedule, Gazprom considering that it's too early to speculate on a new route, state sources cited by Tanjug.

Arielle Malard de Rothschild, the vice-president for Central and Eastern Europe of & Cie Banque, is on the shortlist of candidates for the position of independent member of the Board of Directors of Electrica SA, according to a document...

The call for bids for attracting investors at the Units 3 and 4 of the nuclear electric plant of Cernavodă may be launched this week, according to sources close to the situation.

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.