English Section

20 februarie 2024
Illustraton bz MAKE

Minorities exiting companies complain that their shares are undervalued

Andrei IacomiEnglish Section / 20 februarie 2024

• Marius Motogna, investor: "Companies are listed at a multiple compared to the book value, but when the shareholders withdraw from the companies, in some cases, valuations appear where the price is far below the book value" 

The recent evaluations of some companies drawn up to determine the price they have to pay to shareholders who withdraw from companies, following corporate operations such as divisions or changing the object of activity, have caused dissatisfaction among investors.

Mecanica Fină - a real estate company valued at half of the value of net assets

Mecanica Fină - a real estate company valued at half of the value of net assets

Andrei Iacomi English Section / 20 februarie 2024

• FairValue removes the asset approach from the Fine Mechanics valuation, on the grounds that it is not appropriate; in the case of the evaluation of the Contactoare company, the Darian evaluator claims that the asset approach is the only appropriate one 

• Marius Motogna, investor: "La Contactoare is exactly the situation at Mecanică Fină!"

• Dan Segal, investor: "In my opinion, the price in the report is much lower than the fair value of the company, with the obvious purpose of the majority paying less to the minorities"

Ursula von der Leyen (Photo: facebook / European Commission)

Ursula von der Leyen wants to be reinstated as president of the European Commission

George MarinescuEnglish Section / 20 februarie 2024

• CDU proposes that Ursula von der Leyen be the Spitzenkandidatin of the EPP for the European Parliament elections in June • PPE will decide by vote at the Congress on March 6-7 in Bucharest • Ursula von der Leyen's first mandate, marked by controversial decisions, among the most important being the Green Deal and the purchase of anti-Covid vaccines  

ASF approved the change of registered office of the Bucharest Stock Exchange

ASF approved the change of registered office of the Bucharest Stock Exchange

Andrei Iacomi English Section / 20 februarie 2024

• BVB will move to the America House building, in Piaţa Victoriei 

The Financial Supervisory Authority (ASF) has approved the change of headquarters of the Bucharest Stock Exchange (BVB) to the America House building in Piaţa Victoriei, according to a report yesterday by our capital market operator, published on its own website.

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Service Providers Exposed to Cyber Attacks

Service Providers Exposed to Cyber Attacks

O.D.English Section / 20 februarie 2024

Cyber risks concerning supply chains can take many forms, from ransomware and data theft to denial-of-service (DDoS) attacks and fraud. A 2022 report showed that 90% of managed service providers (MSPs) have experienced a cyber attack in the last...

Russia's economic forecast, revised upward by VEB

Russia's economic forecast, revised upward by VEB

A.V.English Section / 19 februarie 2024

Estimates for Russia's economic growth over the coming years were updated late last week, and according to the national economic development institute VEB, the country's Gross Domestic Product (GDP) is expected to grow by 2% in 2024, up...

Source: facebook / Biblioteca Metropolitana Bucuresti

Libraries will go underground

O.D.English Section / 19 februarie 2024

Libraries will go underground, literally, otherwise, it is known that in our country people read less and less. Travelers transiting the Piaţa Unirii metro station will have at their disposal a shelf full of books, respectively an initial book...

Photo source: facebook / Ministry of National Defense - Romania

MApN employs professional soldiers

G.M.English Section / 15 februarie 2024

The Ministry of National Defense has launched an extensive recruitment campaign for 5,093 professional and rank-and-file soldiers, with the recruitment and selection process taking place between February 12 and March 1, 2024, with the deadline...

Gold price under pressure

Gold price under pressure

A.V.English Section / 15 februarie 2024

Gold futures fell below $2,000 an ounce this week in foreign markets, the lowest level in two months, as the U.S. dollar rose. The appreciation of the American currency followed the publication, on Tuesday, of data on the dynamics of US inflation.

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