Loss of Russian market for Ukraine comes to USD 15 bln — Poroshenko
Ukraine’s losses from forfeiting the Russian market have totaled about USD 15 bln, which became a serious trial for the…
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Economics&Markets
A 400 million USD error in Tesla-SolarCity deal
Lazard, the investment bank that advised SolarCity Corp on its $2.6 billion sale to Tesla Motors, made an error in…
Konieczny: FP reduced political influence in companies it owns
While Fondul Proprietatea (FP) presence suceeded reducing the political influence in companies it owns, FP became the fifth largets fund…
Tax relief for reinvested profit will be extended after 2016
Ministry of Finance will extend the exemption from tax on reinvested profit that expires at the end of this year,…
New debates for the energy strategy after including the quantitative modeling results
Romania’s energy strategy is talked about for decades, and over time there have been many forms of the document which…
Energy companies disappointed stock exchange investors; no growth prospects for the moment (analysis by Tradeville)
Local producers have further marked falls in revenues and profitability, failing to capitalize on the opportunities in international markets, where…
WTO to announce decision about Russia next May
The World Trade Organization (WTO) will announce its decision regarding the dispute started by Russia on the so-called EU Third…
Soros Fund Management slashes gold stake in second quarter
Soros Fund Management sharply cut its shares in gold in the second quarter, when bullion prices rose to two-year highs,…
Over 5% economic growth for Romania in S1 2016, compared to S1 2015
Romania’s gross domestic product increased by 5.2%, on the gross series and by 5% on the seasonally adjusted series, in…
Energy and utilities M&As dropped 4% during H1
Energy, mining and utilities mergers and acquisitions (M&As) dropped slightly to 166 billion USD at a global level in the…
New opps available on the Romanian stock exchange, from August 2
Bucharest Stock Exchange (BVB) and Central Depository (CSD) announces the possibility to make operations of lending and borrowing, short selling…
EBRD, shareholder of Electrica and Romgaz, looks for improved corporate governance
Good corporate governance of state-owned enterprises was the focus of a two-day workshop jointly organised by the European Bank for…
Gov’t expects to get 3.2 billion euros in European funds in 2016, 3.6 billion in 2017
Ciolos Government received 2 billion euros in European funds after the closure of the 2007-2013 Programs and it predicts the…
Government unlocks RON 835 million for investments in energy production
The government decided on Wednesday to unlock the state aid scheme on which the energy producers can ask for getting a grant, appliable for the…
Romania loses arbitration case against Enel and EUR 1.3 million; Who is to blame?
Everyone, after reviewing the facts. No one, when foreseeing the most plausible consequences. Many experts with good reputation in the…
Bucharest Stock Exchange and Sibex merger, in straight line
Bucharest Stock Exchange (BVB) and Sibex appointed Deloitte as the consultant that will perform the evaluation of the companies involved…
The final report of the Energy Strategy, in late September
The Energy Ministry published on its website the consolidated report of the stage of qualitative analysis of the drafting of…
Oil and gas industry needs investments worth anually a billion euro
Maintaining the current level of oil and gas production in Romania requires annual investments of one billion euros, given the…
Gold climbed to highest value of the past two years – a Brexit effect
The price of gold rose to the highest price of the last two years in Asian markets, as investors headed…