Banca Transilvania About To Enter Final Talks To Buy Bancpost
09.15.2017
Cluj-based Banca Transilvania is to sign the exclusive agreement to negotiate for Bancpost, after having competed with US investment firms Varde and J.C. Flowers over it, banking industry sources say.
-
Fondul Proprietatea Seeks to Sell 1.45B Shares in OMV Petrom yesterday, 15:32
Romanian investment fund Fondul Proprietatea (FP.RO) has announced it plans to sell a 1.454 billion existing shares in oil and gas company OMV... more
-
Transelectrica Considers Borrowing Money to Pay Dividends to Romanian Government 09.20.2017
Romanian state-run power grid operator Transelectrica might have to borrow money to pay special dividends of RON170.79 million as the government,... more
-
SIF Moldova Buys 6.5 Mln Banca Transilvania Shares For RON15M Within Two Deals 09.14.2017
Romanian regional investment fund SIF Moldova acquired, on September 13, two stakes cumulating 6.6 million shares of Romanian lender Banca... more
-
MedLife Wants To Launch Bond Issue Worth RON274M At Most 09.14.2017
Private healthcare services provider MedLife wants to launch a bond issue worth a total RON274.2 million, at a maximum interest rate of 4.9% per... more
-
Banca Transilvania Boosts Share Capital By Converting Bonds Into Stocks 09.12.2017
Romanian lender Banca Transilvania (TLV.RO) has increased its share capital by RON3,483, to RON4.341 billion, by converting 3,537 bonds into stocks. more
-
Fondul Proprietatea Seeks To Sell Stake in Hydropower Producer Hidroelectrica 09.08.2017
Romanian investment fund Fondul Proprietatea (FP.RO) seeks to sell its stake in Romanian hydropower producer Hidroelectrica due to lack of progress... more
-
SIF Oltenia To Pay Out RON52M Worth Of Dividends 09.06.2017
Shareholders of regional investment fund SIF Oltenia (SIF5.RO) have approved a decision to pay out a gross dividend per share of RON0.09, the... more
-
Fondul Proprietatea Wants To Repurchase Shares To Reduce Its Share Capital 09.06.2017
Romanian investment fund Fondul Proprietatea wants to repurchase shares or global depositary receipts, accounting for 20% tops of the share... more
-
IIB Mandates BT Capital Partners And BCR To Act As Co-Lead Managers On Bond Issue 09.04.2017
The International Investment Bank (IIB), headquartered in Moscow, plans to launch a new bond issue to fund activities in Romania and mandated BT... more
-
Bucharest Stock Exchange Head: Main Market’s Share In Overall Capital Market Deals Hits Six-Year High 09.04.2017
The share held by the Main Market in overall deals on the Bucharest Stock Exchange (BSE) has reached a record high of 84%, excluding public... more
-
Swiss Capital Boosts Stake In Armatura Cluj To 15.5% After RON24,000 Deal 09.01.2017
A group of investors made up of brokerage firm Swiss Capital, investment management company Swiss Capital Asset Management and equity fund Active... more
-
11,000 Investors Have More Than EUR20,000 In Their Stock Market Accounts, 30% More Than In 2015 08.30.2017
The number of trading accounts worth more than EUR20,000 stood at about 11.700 at the end of first half, up 30% on 2015, Investors Compensation... more
-
Iproeb Bistrita Turnover Down 17% in 1H, to RON46M 08.30.2017
Romanian cable maker Iproeb Bistrita (IPRU.RO) reported a turnover of RON46 million in the first half of the year, down 17% compared with the same... more
-
Unirea Shopping Center Seeks To Recover RON3M 08.30.2017
Unirea Shopping Center, one of the major companies listed on the Bucharest Stock Exchange, seeks to recover RON3 million from Carmen Palade, its... more
-
PM Says State Pensions Have Better Yields Than Private Pensions 08.25.2017
Romanian Prime Minister Mihai Tudose said he called for impact studies on lowering social security contributions to mandatory private pensions... more
-
Financial Supervisory Authority Oks SIF Banat-Crisana’s Public Offering For Share Purchase 08.25.2017
Romania’s Financial Supervisory Authority (ASF) approved an operation whereby regional investment fund SIF Banat-Crisana (SIF1.RO) will carry... more
-
Deputy GM Alin Barbu To Run Bucharest Stock Exchange 08.23.2017
Bucharest Stock exchange deputy general manager Alin Barbu will be running the institution after former general manager Ludwik Sobolewski decided... more
-
Impact Developer&Contractor Allots RON10.5M For Share Repurchase, Equivalent Of 2.5% Of Capital 08.18.2017
Real estate developer Impact Developer&Contractor will launch, next week, a program for the repurchase of maximum seven million shares, the... more
-
Cocor Posts Profit of RON735,000 in 1H/2017 08.18.2017
Shopping center operator Cocor Bucuresti (COCR.RO) reported a net profit of RON735,000 in the first six months of the year, from a profit of... more
-
TMK-Artrom Posts RON18M Net Profit in 1H/2017 08.17.2017
Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, reported a profit of RON18million for the first six months... more
Romania is going through a favorable time for its economy, for business, customers are better prepared but we must not let ourselves be
more
BRD-Groupe Société Générale and UniCredit Bank is granting a syndicated loan worth over EUR177 million to pharmaceutical group A&D
more
Nearly half (49%) of Romanian entrepreneurs said they started their own business to feel more secure about their own future, according
more
The modern logistic and industrial space stock in Bucharest grew nearly ten times in the past 13 years, to nearly 1.2 million square
more
OMV Petrom, the largest oil and gas producer in Southeastern Europe, on Wednesday said it invested nearly EUR5 million in modernizing
more
BT Capital Partners, a top five broker in Romania, has been entrusted with the listing of the Globalworth bonds on the Bucharest Stock
more
US company Timken opened a new bearing factory in Romania Tuesday, near Ploiesti, following an investment of $60 million.
more
South-African investment fund New Europe Property Investment (NEP.RO), the largest player on the Romanian real estate market, has
more
28% of Romanian employers plan to add to their payrolls in the July – September 2017 timeframe, according to the Q3 edition of the
more
Brisegroup, one of the largest grain traders and farm input wholesalers in Romania, plans to invest EUR7 million in the completion of a
more
Continental, one of the world’s largest car parts manufacturers, said it plans to increase the number of employees in Romania, by
moreAnalysis
Banks Get EUR600M on Lower Reserve Ratios But Loan Interests Could Rise
Banks have around EUR600 million following the central bank's cutting of required ratios on foreign currency liabilities by two percentage points, but interests on loans could rise following international trends, despite higher market liquidity.
