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26 noiembrie 2023
Fundstrat: "Gold price is headed for new historic highs"

Fundstrat: "Gold price is headed for new historic highs"

A.I. English Section / 24 noiembrie 2023

Mark Newton, Managing Director: "The outlook for precious metals looks attractive given falling real rates, growth cycles and geopolitical conflict" 

The price of gold is headed for new all-time highs, according to Business Insider, Mark Newton, Managing Director/Global Head of Technical Strategy of the market analysis and strategy firm Fundstrat.

Photo source: prospectiuni.com

Growing business and profit for Prospecţiuni

A.I. English Section / 24 noiembrie 2023

"We are actively looking to expand our services to international markets" 

Prospecţiuni Bucharest, a company controlled by businessman Ovidiu Tender, reported for the first nine months of the year a turnover of 187.3 million lei, 54% more than in the same period last year, and a net profit of 25.3 million lei, well above the 9.5 million lei from January-September 2022, according to a company report published yesterday on the website of the Bucharest Stock Exchange (BVB).

Photo source: facebook / Marian Murgulet

Marian Murgulet, Trencadis: "We are considering listing on the stock exchange, to attract financing"

A.I. English Section / 24 noiembrie 2023

For 2024, the company plans to expand into Central and Eastern Europe 

Trencadis, a technology company specializing in software development solutions for the government and business environment, is considering listing on the stock exchange to attract additional financing to enable its international expansion in the coming years, according to a company statement yesterday.

Photo source: facebook / SOCEP

85% subscription in the Socep capital increase

A.I. English Section / 24 noiembrie 2023

The shareholders of the port operator Socep subscribed 85% of the new securities issued as part of a capital increase through which the company wanted to attract around 34.6 million lei, according to reports from the Bucharest Stock Exchange (BVB).

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The mandate of the BVB Board is nearing the end

The mandate of the BVB Board is nearing the end

Andrei Iacomi English Section / 22 noiembrie 2023

More investors, improved liquidity, a more active primary market - among the results; Central Counterparty - the main failure Today BVB shareholders elect a new board, with a four-year mandate that will start in January-February next year  

Graphics by MAKE

Global debt hit a new record high of $307.4 trillion

Călin RecheaEnglish Section / 21 noiembrie 2023

Călin Rechea

Global debt rose in Q3 2023, after a slight decline in the previous quarter, as funding costs continued to rise, to $307.4 trillion, according to the latest Global Debt Monitor (GDM) report from the Institute of International Finance (IIF).

Reality is stronger than "magical thinking"

Reality is stronger than "magical thinking"

Călin RecheaEnglish Section / 20 noiembrie 2023

The narrative thread of Ukraine's resistance to Russia in the Western media, especially the one regarding the real chances of the counter-offensive to open the way to Crimea, has broken badly in recent weeks.

The image has an illustrative role. Source: facebook / Romanian Air Force

MApN acquires missile systems worth 9.48 billion lei

I.Ghe.English Section / 20 noiembrie 2023

The Ministry of National Defense, through its subordinate company, Romtehnica, has launched the public procurement procedure for short and very short-range air defense systems SHORAD/VSHORAD - state-of-the-art surface-to-air missiles, the...

Safetech Innovations wants to expand in Saudi Arabia

Safetech Innovations wants to expand in Saudi Arabia

ANDREI IACOMIEnglish Section / 17 noiembrie 2023

The shareholders of the cyber security solution developer Safetech Innovations (SAFE) are summoned, on December 21, to approve the establishment of a company in Saudi Arabia, according to a company report published yesterday on the website of the...

LGBTQ marriages blessed by the Anglican Church

LGBTQ marriages blessed by the Anglican Church

I.GHE.English Section / 17 noiembrie 2023

The Anglican Church introduces - on an experimental basis - religious services to bless the marriages of same-sex couples, after the motion initiated in this regard received a favorable vote from the Synod of this church, according to an article...

Photo source: facebook / Nationala Romaniei Official

Romania, one step away from qualifying for Euro 2024

I.Ghe.English Section / 17 noiembrie 2023

Our country's national football team is one step away from qualifying for Euro 2024, which will take place in Germany, the Israel - Romania match, which will take place tomorrow evening, from 21:45, at the Pancho stadium in Felcsút, Hungary ,...

Economic growth of 2.2%, deficit of 6.3%

Economic growth of 2.2%, deficit of 6.3%

I.GHE.English Section / 16 noiembrie 2023

Our country will register at the end of 2023 an economic growth of 2.2% and a budget deficit of 6.3% of the Gross Domestic Product, the European Commission estimates in the forecast published yesterday by the institution from Brussels.

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