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7 februarie,
Arabica coffee price hits all-time high

Arabica coffee price hits all-time high

A.V.English Section / 7 februarie

Price crosses $4/pound for first time 

The price of Arabica coffee futures on Wednesday topped $4 per pound for the first time in history on the New York Stock Exchange, as concerns about global supply have driven prices to double over the past year, Bloomberg reported.

Photo source: Facebook/ Natalia Intotero

Domestic culture has entered the negotiation phase

O.D.English Section / 7 februarie

The Minister of Culture has started negotiations with trade unionists. The inventory of movable heritage and the elimination of wage inequalities are among the topics discussed by the Minister of Culture, Natalia Intotero, with representatives of trade unions and managers of museums under the authority of the institution she leads.

 Transilvania Investments plans to launch a share buyback program that may include THR Marea Neagră shares

Transilvania Investments plans to launch a share buyback program that may include THR Marea Neagră shares

A.I. English Section / 7 februarie

The fund aims to secure financing of up to 200 million lei for investments 

Transilvania Investments (TRANSI) shareholders are convened on March 10 to approve the initiation of a buyback program for up to 185 million own shares, equivalent to 8.6% of the share capital, according to a report published yesterday on the Bucharest Stock Exchange (BVB) website.

Bogdan Chiriţoiu said: "The energy market must be able to function normally, without capping. Energy prices are now stabilized compared to those existing a year and a half ago, and under these conditions, the Government should withdraw the exceptional measures from the market. However, I believe that we must look carefully at vulnerable consumers, to determine exactly who they are, but also at the industry, its needs, at energy-hungry companies, whose activity may be negatively impacted by the lifting of the cap, companies that could lose their competitiveness due to the abandonment of this exceptional measure".

Chiriţoiu: "The takeover of E.On Romania assets by the hungarian company MVM will end up on the table of the CSAT"

George MarinescuEnglish Section / 7 februarie

The transaction through which the Hungarian company MVM wants to take over the assets of E.On in our country will end up on the table of the Supreme Council for National Defense, said Bogdan Chiriţoiu, president of the Competition Council, yesterday, on the occasion of the press conference he held to present the balance sheet for last year of the public institution he leads.

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Illustration by MAKE

Trump wants to make Gaza an "American Business"

George MarinescuEnglish Section / 6 februarie

US President Donald Trump, known for his eccentric and often shocking statements, has announced a wild plan for the Gaza Strip: the United States would take over the war-torn enclave and turn it into an economic paradise.

CFR Călători: Profit above passengers' needs?

CFR Călători: Profit above passengers' needs?

George MarinescuEnglish Section / 4 februarie

Approximately 240 trains were suspended by the management of CFR Călători, i.e. 20% of the company's total daily trains (1200 trains throughout the country), Traian Preoteasa, the general director of the company, announced yesterday, during a...

Pollution, an older problem than we expected

Pollution, an older problem than we expected

O.D.English Section / 3 februarie

Humans have been polluting nature since ancient times, this is the conclusion of a study. Human-caused environmental contamination with lead in the Aegean region began approximately 5,200 years ago, about 1,200 years earlier than previously...

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