Thousand of people own Fondul Proprietatea shares jointly, being registered at the Central Depository in "joint accounts" which they share with several inheritors of the same former owner. They cannot trade their shares on the Stock Exchange before going to the notary public. read more...

Lawyer Daniel Badea, the managing partner of the Bucharest office of the world's biggest law firm, Clifford Chance, considers Romania needs a successful floatation of Fondul Proprietatea, the sale for a good price of the state's stakes in major companies, as well as the launch of some mega infrastructure projects to be able to regain its appeal in foreign investors' eyes. read more...

Romanian sales of SABMiller, producer of the Ursus and Timişoreana brands, remained steady (in terms of volume) in the October-December period of 2010, compared with the similar period of 2009, at a time when the market recorded a decline, according to data in the company's quarterly report. read more...

Fan Courier delivery services provider, one of the biggest Romanian-held couriers, owned by Romanian entrepreneurs Felix Pătraşcanu, Adrian and Neculai Mihai, ended last year with turnover worth 189.7m RON (around 45m euros), up 13% in RON year-on-year, according to the company's representatives. read more...

US Citi, with operations in Romania for over 15 years, is stepping up investments to the tune of tens of million euros annually to cement retail operations, launched broadly as late as the autumn of 2009, after the onset of the crisis. read more...

iPad, the PC tablet launched in April 2010 by American company Apple, last year sold around 8,000-10,000 units in Romania, according to unofficial market estimates. Sales have seen a strong rise despite the American company not having a local office or paying for local advertising campaigns. read more...

The latest debates on the modification of the Labour Code, a bill proposed by the Foreign Investors Council and the Romanian-American Chamber of Commerce, failed again because of trade unionists and because of representatives of employers' associations. read more...

The Government needs to ensure a stable business environment in Romania in 2011, without frequent and unexpected changes of fiscal rules, as has been the case in the last few years, with stability and predictability being even more important and more beneficial than certain fiscal incentives, say fiscal consultants. read more...

The IMF's big disappointment after two years of arrangement with Romania is that the economy has yet to return to growth, says Jeffrey Franks, the head of the mission negotiating and managing the Fund's relationship with Bucharest. read more...