New Taxation Changes Hurt Most Representative Sectors on Bucharest Stock Exchange
01.09.2019
Energy companies and banks, which are among the most traded stocks on the Bucharest Stock Exchange, will pass on to their customers the financial burden introduced by the Emergency Ordinance 118, to be able to cope, analysts told ZF.
-
Boromir Withdraws From Bucharest Stock Exchange On January 21 01.18.2019
The shares of Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO) will be withdrawn from trading on the Bucharest Stock Exchange,... more
-
Oltchim Left with 177 Employees after Asset Sales 01.17.2019
State-owned chemical plant Oltchim Ramnicu Valcea (OLT.RO) currently has 177 employees after selling most of its assets to Chimcomplex Borzesti and... more
-
SIF Oltenia Gets Green Light For Public Offering To Purchase RON50M Worth Of Shares 01.16.2019
Regional investment fund SIF Oltenia (SIF5.RO) will carry out, between January 28 and February 2, a public offering for the purchase of 19.6... more
-
Quarterly Bank Taxation Fears Cause EUR1B Capitalization Drop on Bucharest Stock Exchange 01.15.2019
Companies listed on the Bucharest Stock Exchange lost 4.3 billion lei (almost EUR1 billion) of their capitalization, which dropped to RON139... more
-
Pillar II Private Pension Funds Had Assets RON48.1B End-November 01.07.2019
Net assets of mandatory private pension funds in Romania (Pillar II) stood at RON48.1 billion at the end of November 29018, up 23% on the year,... more
-
Banca Transilvania Seeks to Buy Back 10 Million Shares in Jan for Maximum RON40M 01.03.2019
Romanian lender Banca Transilvania (TLV.RO) seeks to buy back 10 million of its own shares in the period January-2-25 for a maximum of RON40 million. more
-
Bittnet Systems Raises RON9.7M in Corporate Bond Sale 12.28.2018
Bittnet Systems (BNET.RO), local integrator IT&C solution integrator and IT training services provider, has raised RON9.7 million selling... more
-
Garanti Bank Gets EUR77M Loans to Finance SMEs 12.27.2018
Lender Garanti Bank has signed two financing agreements totaling EUR77.3 million to finance sustainable energy projects and small and medium-sized... more
-
SIF Moldova GM Buys RON220,000 Worth Of Fund's Shares 12.27.2018
Liviu-Claudiu Doros, general manager of regional investment fund SIF Moldova (SIF2.RO), bought 184,130 SIF2 shares on December 24, 2018 at an... more
-
Romanian Financial Watchdog Looks into Wednesday's Stock Market Transactions 12.21.2018
Romania's financial supervision authority ASF said Friday it was looking into Wednesday's transactions on the Bucharest Stock Exchange, checking... more
-
Pension Pillar II Contributors Lost EUR330M On Stock Price Decline 12.19.2018
The 7.2 million Romanians contributing to the mandatory private pension pillar known as Pillar II lost EUR300 million Wednesday as the government's... more
-
Bucharest Stock Exchange Loses Whole Year's Gains in Wednesday Session 12.19.2018
The main index of the Bucharest Stock Exchange lost 8.6% by midday Wednesday, in just two hours of trading, losing the entire year's growth on... more
-
SIF Moldova Sells Its 29% Stake In Hyperion Iasi 12.18.2018
Romanian regional investment fund SIF Moldova (SIF2.RO) on Tuesday said it sold its 29% ownership in pharmaceuticals and cosmetics company Hyperion... more
-
Romania, The Only EU Capital Market To Post Double-Digit Growth In First 11 Months 12.17.2018
Romania posts the largest growth rate among the main indices of the stock exchanges within the European Union in the first 11 months of 2018, as... more
-
Banca Transilvania Buys Back 1.47 Million Shares For RON3.48M 12.17.2018
Lender Banca Transilvania (BT.RO) bought back 1.47 million of its own shares, between December 10 and 14, for a total RON3.48 million, as part of a... more
-
Alro Slatina Seeks $70M Loan for Working Capital, Investments 12.17.2018
Shareholders of Alro Slatina (ALR.RO), one of the largest vertically integrated aluminum producers in Europe, on Monday decided to supplement by... more
-
Uztel Ploiesti Seeks to Borrow RON9.5M from First Bank 12.14.2018
Romanian oilfield equipment manufacturer Uztel Ploiesti (UZT.RO) seeks two loans totaling RON9.5 million from First Bank to refinance a previous... more
-
Alro Slatina to Distribute Quarterly Dividends 12.13.2018
Alro Slatina (ALR.RO), one of the largest vertically integrated aluminum producers in Europe, on Thursday said it will be distributing a quarterly... more
-
Czech Zentiva Launches Mandatory Takeover Bid For Remaining 6.7% Stake In Zentiva Bucharest 12.13.2018
Czech group Zentiva is launching a mandatory takeover bid for the remaining 6.7% stake in drugmaker Zentiva Bucharest (the former Sicomed), at a... more
-
Nuclearelectrica Approves Dividends of RON485.4M 12.10.2018
Shareholders of Romania's state-owned nuclear power producer Nuclearelectrica on Monday approved the distribution of dividends totaling RON485.4... more
The World Bank has revised its economic growth projections for Romania and now sees GDP growth at 3.5% in 2019 from 4.5% in its June
more
Swiss giant Nestle, one of the largest players on the Romanian consumer goods market, will close its Romanian factory, located in the
more
Fiscal instability is the main challenge for businesses this year, influencing investors' appetite for doing business in Romania,
more
Energy companies and banks, which are among the most traded stocks on the Bucharest Stock Exchange, will pass on to their customers the
more
The Continental group, the largest automotive component manufacturer in Romania, is planning new investments for 2019 as its research
more
This year will see a record 450,000 square meters of office space delivered, which is a first for Romania.
more
More than 25 residential complexes with at least 200 apartments each are scheduled for delivery in Bucharest in 2019 and 2020, Coldwell
more
Romania accounts for 27.8% of the corn production in the European Union, almost one third of the total, after having recorded its
moreAnalysis
Central Bank: Banking Sector Has Limited Capacity to Sustain Current Profitability Long Term
The Romanian banking sector, which consists of 35 banks, in its present structure has a limited capacity to sustain the recent profitability over the long term, the central bank said in a report.
