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Inventor Iuliean Horneţ has patented a technology which, allows the conversion of biomass into electrical and thermal energy, at low costs.

The Romanian authorities encourage energy exports, but that means that Romania is actually exporting prosperity, as there is no concern for the development of industry, says Dan Apetrei, CEO of Elsaco Energy.

The new paradigm in the sector of energy services is the concept of smart grids, which involves ensuring, for every user, the energy volume and quality that they need, when they need it, with a minimum resource and raw materials usage and a...

The prosecutors of the General Prosecution Service yesterday started the prosecution against Adrian Sârbu, on charges of abetment of tax evasion, money laundering and abetment to embezzlement and against Liana Petrovici, the legal representative...

Adrian Sârbu, the owner of Mediafax, was taken, with a warrant, last night, to the Prosecutors' Office, where he was going to be heard by the investigators, according to judicial sources, as he is being charged with abetment to tax evasion,...

CHF borrowers suspect that banks have made speculations based on lending terms, as many consumers claim that, at the time they contracted their loans denominated in CHF they got their money either in lei, or in Euros.

While the members of Parliament have "wound down" in the issue of loans denominated in Swiss francs (it has been postponed for the second time yesterday in the Budget Commission of the Chamber of Deputies, due to a lack of quorum),...

The European leaders have apparently been taken by surprise by the radical left winning the elections in Greece.

It is the domestic natural gas market that has called for the "freeze" of the liberalization schedule in mid-2014, Niculae Havrileţ, the president of the ANRE told us.

The Bucharest Stock Exchange (BVB) wants to complete 10-20 listings this year, on the AeRo alternative trading system, which will be launched on February 25th, Bogdan Mugescu, a specialist in the Business Department of the BSE told us on Friday.

The program to convert, at a discount, the loans granted by Volksbank in Swiss francs (CHF) will be applied by Banca Transilvania (BT), after it becomes a shareholder of Volksbank, Nicolae Cinteză, the head of the Oversight Division of the...

The terrorist attack that happened two weeks ago against the editorial office of "Charlie Hebdo" led to three types of reactions:

The global wave of support for Charlie Hebdo, also comes from people who have never seen the magazine, said Bernard (Willem) Holtrop, a caricaturist with the magazine.

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...