16 sep 2015

Romanian investment fund Fondul Proprietatea (FP.RO) could buy back 25% of the daily trading value of shares on the Bucharest Stock Exchange and Global Depositary Receipts GDRs on London Stock more

16 sep 2015

Romanian regional investment fund SIF Oltenia (SIF5.RO) posted the highest net profit of all five SIFs in the first eight months, at RON139 million, while in August alone, the fund’s profit stood at more

16 sep 2015

The non-executive administrators of state-run oil transporter Conpet Ploiesti (COTE.RO) will receive a performance bonus of 0.415% of the amount resulted from the company’s forecasted and more

16 sep 2015

Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) Tuesday said on the Bucharest Stock Exchange it will suspend the payment of the dividends due for 2011 and not cashed by the stockholders, on more

15 sep 2015

Companies on Romanian retail and wholesale trade as well as the constructions sectors account for 53% of all insolvencies on the local market. more

15 sep 2015

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) aims to pay the Economy Ministry, the company’s major stockholder, 150 million lei worth of shares in exchange of two lands which will be more

15 sep 2015

Romania’s largest dairy business Albalact (ALBZ.RO) eyes a 419 million lei turnover in 2015, up 2.7% compared with RON408 million a year before. more

14 sep 2015

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO), which majority owns SAI Muntenia Invest, decided in stockholders’ meeting September 10 to dismiss Mariana Dinu from the position of more

14 sep 2015

Carpatica Asig, controlled by businessman Ilie Carabulea, currently under financial recovery, will find a solution by yearend at the problems identified by Romania's Financial Supervisory Authority more

14 sep 2015

Romanian company Bucuresti Turism (BUTU.RO), which operates Bucharest’s five-star hotel Radisson Blu, is selling the Bucharest based building hosting the restaurant Trattoria Il Calcio as well as more

14 sep 2015

Direct sales company Amway Romania expects its sales are similar on the year in 2015, at around 76.5 million lei, but down 35% compared with 2009. more

11 sep 2015

Romania’s amb Wine company, producer of premium wine brands Liliac and Crepuscul, posted a turnover of 1.4 million lei in the first semester, double compared with the same period a year before. more

11 sep 2015

The share price of Romanian plastic systems maker Teraplast Bistrita (TRP.RO) is seen double on the Bucharest Stock Exchange over the next year, according to analysts of brokerage company BT more

11 sep 2015

Polaris Medical hospital opened by the Cluj-based Socea family in August, eyes a 70% occupancy rate and a EUR3.5 turnover in 2016, one year from opening, the company said. more

11 sep 2015

Four Romanian entrepreneurs are gaining ground on the local toothpaste market estimated at EUR40 or EUR50 million annually and dominated by international giants P&G or Colgate. Small entrepreneurs are more

10 sep 2015

Romanian steelmaker ArcelorMittal Hunedoara (SIDG.RO) switched to 4 million lei losses in January to June, compared with a net profit of RON5,2 million during the same period a year before. more

10 sep 2015

Polish investment fund Innova Capital resumed the listing of bottled water wholesaler La Fantana, which it controls, on the Bucharest bourse, according to market sources. Early July, Innova had put on more

10 sep 2015

Romanian closed-end investment fund STK Emergent (STK.RO) bought 8 million lei worth of shares on the Bucharest Stock Exchange in August, increasing the exposure on companies in the oil and metals more

10 sep 2015

Insurance company Omniasig, owned by Austria's Vienna Insurance Group (VIG), underwrote premiums of 458 million lei (EUR102 million) in January to June, up 19% compared with the same period a year more

9 sep 2015

Insurer Gothaer Asigurari Reasigurari, part of German group Gothaer, underwrote gross premiums of 36.4 million lei in the first semester, up 50% compared with the company’s forecasts, on the more

9 sep 2015

Two of ten Romanian employers have recruitment plans in the last three months of 2015, up 5% compared with the same period a year before, according to a survey of recruitment and short-term temporary more

9 sep 2015

US fund J.C. Flowers shook hands with Romanian lender Banca Comerciala Carpatica (BCC.RO) stockholders to buy a 25% stake in the bank through a private investment worth nearly 80 million lei deal. more

8 sep 2015

The shares of Zentiva Bucharest (SCD.RO), a unit of France’s pharmaceutical group Sanofi, decreased 3% on the Bucharest Stock Exchange since September 1 announcement on the company’s shares being more

8 sep 2015

The stockholders of Romanian car fair operator Autovit plan to take a EUR1 million loan to buy some lands in Bucharest and other area of the country in order to expand the company’s business. more

8 sep 2015

State-run oil transporter Conpet Ploiesti (COTE.RO), a company with 375 million lei turnover, currently qualifies for the BET index of the ten most liquid companies listed on the Bucharest Stock more