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28 iulie 2015
The Competition Council storming insurance companies

The Competition Council storming insurance companies

A.T. (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 28 iulie 2015

The Competition Council has announced yesterday, that it has begun an investigation concerning the possible violation of national and EU rules by Media Xprimm, UNSAR (the Romanian National Union of Insurance and Reinsurance Companies), the insurers which are UNSAR members, as well as other insurers. The investigation concerns a possible exchange of commercially sensitive information between the competitors on the insurance market and was launched of its own accord.

DOCUMENTS PUBLISHED BY "BURSA" ONE YEAR AGOMass-media woke up, started attacking the head of the ASF yesterday

A.A. (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 28 iulie 2015

Shocked beyond belief that Mişu Negriţoiu, the president of the Financial Oversight Authority (ASF) is not issuing a response to the accusations being made against him, namely that in 2003 and 2004 (when he was executive director of ING Wholesale Banking România - the old name of ING bank) he violated the US embargo against Iran, the people of Realitatea TV were exclaiming yesterday "Look! It's been one whole hour and Mişu is still keeping mum!"

Evaluators complain about "abusive clauses" in their contracts with banks

Evaluators complain about "abusive clauses" in their contracts with banks

EMILIA OLESCU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 27 iulie 2015

Whereas in the last few years there has been a lot of talk about clauses that are considered abusive, mostly in the case of loan agreements concluded between banks and debtors, and there are a number of lawsuits in court on that matter, there are also professionals complaining about the fact that they are forced to sign contracts which include clauses that they do not agree with, imposed by banks and other financial institutions.

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Legitimate business with Iran

HISTORIC AGREEMENTLegitimate business with Iran

IULIAN MAREŞ (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 16 iulie 2015

The Islamic Republic of Iran, on one hand, and the US, United Britain, France, Germany, Russia and China, on the other, two days ago reached a common solution to the problem of the "Iranian nuclear dossier", thus concluding over two years...

I want a trillion Euros too

GREECE'S DEFAULT?I want a trillion Euros too

MAKE (translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 30 iunie 2015

Calling the Greeks "lazy", is a situation similar to the one in the joke about Soviet sailors who had become ship wrecked on an island and would rape the female cook all night, and in the morning they would write her up for being a whore.

BVB, an exchange only for 24 years?

2019 - DEADLINEBVB, an exchange only for 24 years?

Adina Ardeleanu (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 29 mai 2015

2019 could be the year when smaller stock exchanges in the European Union, a category which also includes the Bucharest Stock Exchange, will be officially swallowed by stronger ones, if the European Commission sticks to its plan and succeeds in...

A new sample of consistency à la BSE

A new sample of consistency à la BSE

ADINA ARDELEANU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 27 mai 2015

Hardly had the dust settled at the Central Depository, after the installation of the new management - in two stages -, that its majority shareholder the Bucharest Stock Exchange (BVB) put its foot in it and has rejected, in the General...

Austria repatriates 110 tons of gold from London

Austria repatriates 110 tons of gold from London

CĂLIN RECHEA (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 26 mai 2015

The persistence of the financial crisis in Europe, especially when it comes to the national budgets, has led to an increase in the importance of gold in the international reserves. Furthermore, data of the last two years show the consolidation of...

Mr. Dinu Solojan is an administrator and associate of Transcarpat Sportours International. Over time, the company owned by Mr. Solojan won several contracts with the armed institutions of the Romanian state. He is considered an expert in the armament industry. Transcarpat Sportours International was created in 2003 and, together with Dinu Solojan, it also has Emanuela Nicoleta Solojan and Bogdan Diaconu as associates.

EXPLOSIVE INTERVIEW: DINU SOLOJAN MAKING SERIOUS ACCUSATIONS AGAINST THE ROMANIAN INTELLIGENCE SERVICES:"The illegalities of the SRI seem to be bigger than those of the SIE"

Ancuţa Stanciu (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 18 mai 2015

Transcarpat Sportours International SRL, which does weapons related business, has sent a petition to the Abuse Commission of the Chamber of Deputies, in which it complains about "a superficial attitude" of the Parliamentary Commission of...

Dust at the inauguration of Mega Mall

Dust at the inauguration of Mega Mall

Alina Toma (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 15 mai 2015

South African investment fund New Europe Property Investments (NEPI) yesterday chose to open the doors of Mega Mall in the National Arena area of Bucharest, among workers, scaffolds and dust, which is unusual for a project which wants to be seen...

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