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The High Court of Cassation and Justice yesterday rejected the contestations filed by businessmen Dragoş Bîlteanu and Najib el Lakis against the ruling of the Bucharest Court of Appeal to extend the measure of preventive custody, in the case in...

The folklore around this story sounds as follows: "After «BURSA» (and it alone) reported the worrisome presence of Ludwik Sobolewski at the headquarters of Mediafax, on the very day that the agency was being searched by...

Hydraulic fracking may have an impact on the Cernavodă plant, said Daniela Lulache, CEO of Nuclearelectrica SA, citing the conclusions of a study which the company ordered in that regard. The specialists who conducted the study advise against the...

At least twelve people were killed yesterday, following an attack on the headquarters of satiric newspaper "Charlie Hebdo" in Paris.

I wish you a happy new year!

During his term as minister of foreign affairs, Mihai Răzvan Ungureanu, who has been recently appointed personal advisor to the new president of Romania, Klaus Iohannis, has sabotaged through official actions the activity of the Commission for...

This article, which has now reached the 3rd episode, has taken a structure on its own, when I wasn't looking:

Businessman Ioannis Papalekas distances himself from his former business partner Dragoş Bîlteanu, who was placed in preventive detention in the case of embezzlement from the SIFs, in an open letter which he sent on December 22nd, in which he...

In the first quarters of the year, the State Construction Inspectorate (ISC) has conducted 14,724 quality audits and has levied fines for over a thousand violations of construction quality requirements, said Paul Racoviţă, general inspector with...

Construction entrepreneurs absolutely need the resumption of public sector investments, said Tiberiu Andrioaiei, the executive director of the Professional Association of Construction Companies (PSC).

Romania may run into a new real estate bubble, says Şerban Ţigănaş, the president of the Order of Romanian Architects, who made that statement as several experts in the field are talking about the occurrence of a new boom in the market.

On December 18th, 2014, SAI Certinvest and SIF3 Transilvania announced that they have signed an agreement by which they acquired from the Axa Group its life insurance and savings operations in Romania.

Genesis Development, owner of office parks Novo Park and West Gate, is currently focusing on improving the services and conditions provided to its tenants, the managing director of the company, Rene Rohan, said.

The responsibility for the preservation of real estate architectural landmarks which have proven their value over time lies, first of all, with those that believe in them, says Florin Vlad, the president of architectural restoration company...

The Romanian real estate market, is showing positive signs, according to most of the market specialists, who emphasize the fact that this year, the sector has seen significant growth, with an even higher transaction than in 2007-2008.

2014 was a very good year, with evolutions that were very interesting on the real estate segment, said Eduard Turcoman, Office & Industrial Associate Director at DTZ Echinox.

The reader's reactions to the previous episode have been encouraging, but I regretted that I began publishing this article before it was ready, because I have created an obligation for myself and I really don't like doing anything out of...

According to the report of the prosecutors, business people Dragoş Bîlteanu and Najib el Lakis have embezzled money from SIF Banat-Crişana, by acquiring "Azuga Turism", with the help of lawyers Nicolae Mergeani and Victor Prodan, and the...

On Saturday, Pope Francis presented a synopsis of his visit to Turkey (November 28th -November 30), where, facing Bartholomew the 1st, Patriarch of Constantinople, he has explicitly stated his intention of reuniting the Catholic and Orthodox...

• UPDATE 12:29 SIF Banat Crişana announces that it has never owned shares in "Globalworth Real Estate Investments" 

SIF Moldova has terminated the contractual relationship with lawyers Nicolae Mergeani and Victor Prodan, who were arrested, on Monday, in relation to the DIICOT case concerning the embezzlement from SIF1 Banat-Crişana and SIF4 Muntenia, according...

Victor Ponta said that there are two situations which could cause him to hand in his resignation as prime-minister:

Former president Traian Băsescu speaking on TVR: "A presidential candidate has to be open like a book, a man about whom everything is known. When he was asked for the first time how he made the money for his six homes he said that he earned...

The talks between the Romanian authorities and the representatives of the IMF mission have ended in a deadlock as early as the first meetings, as the tensions that arose during the negotiations were elucidated by the budget delegate minister,...

The newly over presidential elections could only bring about a change for the better merely through hazard, thinks Călin Georgescu, the president of the European Research Center of the Club of Rome, who goes on to say: "The system defends...

Yesterday's announcement by Ukrainian prime-minister Arseni Iatseniuk concerning the accident of the Zaporizhia nuclear plant, gave Romania and the European community cold shivers, as they still remember the nuclear disaster of Chernobyl...

President Klaus Iohannis's last name is of Hebrew origin, having become part of the German language through the Greek word "Ioannes" (which is where Romanian name "Ioan" comes from), having later evolved into the late Latin...

We need certain types of funds for the financing of the medium and small enterprises sector, says Peter Barta, CEO for the Post - Privatization Foundation.

The Ministry of European Funds (MFE) will continue to provide easy access to European grants to small and medium enterprises, said Alin Mitrică, state secretary in the Ministry of European Funds.

One of the realities of the Romanian economy in the period of crisis is that four years ago, one in thirty companies was insolvent, whereas currently one in seven companies are in that situation, said Radu Graţian Gheţea, the president of the...

The support granted by the state sector to SMEs, through projects and financing, is a good sign, said Okan Yurtsever, general manager of Garanti Leasing. He told us, in an interview, that this segment will have an increasing contribution to the...

The European Bank for Reconstruction and Development (EBRD) will offer grants to approximately 60-70 SMEs in Romania, for a median co-financing amount of approximately 7,000 Euros, through Small Business Support, Daniela Marin, the head of the...

Developing the SME sector is a priority, and the government, together with the business sector and with the market, must create policies to allow easy access to funding, because a major problem the sector currently is currently faced with is lack...

Romanian small and medium enterprises can get development loans of up to 1.5 million Euros (the equivalent in lei) from EximBank for investment projects, for a period of up to 10 years, said Corina Vulpeş, the head of the Department of Domestic...

The segment of creativity must be seen as an opportunity for added value, says Cristian Pârvan, the secretary general of the Association of Romanian Businesspeople (AOAR), who says that innovation has become an industry worth taking into...

The Government is working on a memorandum which stipulates the expansion of the activity of a National Fund for the Guarantee of SME Loans, which would become the Fund for the Guarantee of Loans Using European Grants, said Florin Jianu, Delegate...

The focus in the coming period will be on the simplification of EU grants absorption procedures, as the issues uncovered so far in that regard concern bureaucracy and public procurement, according to Claudia Ionescu, the head of the Regional...

Romania needs an innovation cluster for SMEs in every region, said Ovidiu Nicolescu, the president of the National Council of Small and Medium Enterprises of Romania (CNIPMMR).

The banking system bears the brunt of the crisis, claims Radu Graţian Gheţea, the president of CEC Bank and the head of the Romanian Banking Association (ARB).

Director Tudor Giurgiu last week presented his unfinished version of the movie "De ce eu?" (ed. note: "Why me?"), which has as its topic the death of prosecutor Cristian Panait, which occurred in 2002.