Patria Bank Lists EUR8.19M Bonds on Bucharest Stock Exchange
12.15.2020
Lender Patria Bank (PBK.RO), 83.2% owned by investment fund EEAF Financial Services Amsterdam, listed corporate bonds totaling EUR8.19 million on the Bucharest Stock Exchange Tuesday, under the symbol PBK28E.
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Farmaceutica Remedia Buys Back 10% Of Its Own Shares In RON6.4M Deals 01.13.2021
Pharmaceutical distributor Farmaceutica Remedia Deva (RMAH.RO) said Wednesday in a stock market report that Valentin Norbert Tarus, the company’s... more
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European Commission Approves TeraPlast's Sale of Steel Division to Kingspan 01.13.2021
The European Commission approved on January 12 the sale of TeraSteel and Wetterbest to Kingspan Group, TeraPlast Group announced Wednesday. more
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Pillar II Pension Funds Reach RON75B in Net Assets in 2020 01.12.2021
The assets managed by the seven private pension funds operating on Romania's mandatory segment (Pillar II) reached RON75.14 billion at the end of... more
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Vrancart Adjud Gets RON40M State Aid for Recycling Project 01.11.2021
Corrugated cardboard and toilet paper producer Vrancart Adjud (VNC.RO), owned by SIF Banat-Crisana and Paval Holding, announced Monday it was... more
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NN Group Raises Holding in OMV Petrom to 5.03% 01.07.2021
NN Group and the pension funds it manages have raised their holding in oil and gas company OMV Petrom (SNP.RO) to 5.03%, Petrom said in a stock... more
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Fondul Proprietatea Lowers Holding in Nuclearelectrica Below 5% 01.06.2021
Investment fund Fondul Proprietatea (FP.RO) has reduced its stake in nuclear power producer Nuclearelectrica (SNN.RO) to 4.99%, below the 5% legal... more
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Dedeman Owners Transfer 73% in Cemacon to Paval Holding 01.06.2021
Entrepreneurs Adrian Paval and Dragos Paval, owners of DIY chain Dedeman, have transferred the 73% stake Dedeman owned in brick manufacturer... more
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Alive Capital Raises RON10M in Private Bond Placement 01.05.2021
Alive Capital, supplier of electricity and electrical service provider, announced Tuesday it has successfully closed a private placement for... more
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Creditors Of Insolvent Romcab Approve Reorganization Plan 12.28.2020
Creditors of Romanian insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO), suspended from trading since February 2017, approved the... more
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MedLife Acquires CED Pharma Pharmacy Chain 12.24.2020
MedLife Group, the leader of the private medical services market in Romania, announced Thursday it has acquired 100% in CED Pharma group of... more
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TeraPlast Receives EUR5.8M State Aid Agreement for Biodegradable Packaging Unit 12.23.2020
Construction material producer TeraPlast Group (TRP.RO) has received the financing agreement for the state aid project submitted in November by... more
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Impact Developer & Contractor Closes Bond Private Placement Early 12.22.2020
Real estate developer Impact Developer & Contractor (IMP.RO) announced Tuesday it has closed early its private placement of corporate bonds... more
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Dent Estet Acquires Majority Stake in KronDent Brasov 12.21.2020
Dental clinic chain Dent Estet, the largest player on the local dental services market, part of MedLife Group, has acquired the majority stake in... more
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MedLife Acquires Majority Stake in Wholesaler Pharmachem 12.17.2020
MedLife Group, the leader of the private medical services market in Romania, announced Thursday it has signed the acquisition of 75% in... more
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Fondul Proprietatea Announces Closing of RON229.3M Public Tender Offer 12.16.2020
Investment fund Fondul Proprietatea (FP.RO) announced Wednesday on the stock market the closing of the public tender offer for the purchase of... more
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MedLife Shareholders Approve Share Capital Increase By RON27.7M 12.16.2020
Shareholders of MedLife (M.RO), the leader of the private medical services market in Romania, on Tuesday approved an increase of the company’s... more
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Digi's RCS&RDS Borrows EUR150M from Bank Syndicate 12.16.2020
RCS&RDS, part of Digi Communications, has signed a senior facility agreement for two loans amounting to EUR150 million with a banking syndicate... more
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Nuclearelectrica Sells RON2425.M Worth of Electricity to Slovenia's GEN-I 12.15.2020
Romanian nuclear power producer Nuclearelectrica (SNN.RO) has signed a RON242.5 million bilateral contract to provide electricity to Slovenia's... more
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Allianz Tiriac Funds Reach 5.25% Holding In Banca Transilvania 12.14.2020
Banca Transilvania (TLV.RO), the largest lender in Romania by assets, said Monday in a stock market report that the investment funds managed by... more
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TeraPlast Sells Window Profiles Business to Dynamic Selling Group for EUR4.5M 12.11.2020
TeraPlast, the parent-company of TeraPlast Group, announced Friday the sale of its window profiles business to Dynamic Selling Group, a producer... more
FAN Courier, the leading courier services company in Romania, expects to end the year with a turnover of EUR205 million – close to
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Swedish real estate developer Skanska has sold office buildings Campus 6.2 and Campus 6.3 in Bucharest to Austrian developer S Immo,
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SoftOne Romania, a member of Greek investment group Olympia, continues its expansion by acquiring Orosimo Software, a software
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TeraPlast, the parent-company of TeraPlast Group, announced Friday the sale of its window profiles business to Dynamic Selling Group, a
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U.S. automaker Tesla is in a straight line with the opening of a center in capital city Bucharest and, for starters, it seeks to employ
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Romania plans to invest over EUR22 billion in its energy sector in the next ten years, according to the country's draft energy strategy
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Romania will sign a financing agreement totaling $8 billion with the United States for the refurbishment of one nuclear reactor and the
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The European Commission said Monday it has approved, under EU State aid rules, a RON21.3 million (approximately EUR4.4 million)
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DCS Plus, Druid and Tremend are the Romanian companies recognized in the Deloitte 2020 Central Europe Technology Fast 50 program in the
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Pet food and other care product sales will increase by 13% to almost 3 billion lei this year, data provided by market research company
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Romania’s Automotive Industry Loses EUR5B in Revenue Due to Production Halt in Spring
The revenue of Romania’s automotive industry shrank by 15% from more than EUR30 billion in 2019 to some EUR25 billion this year, data from Romania’s carmaker association ACAROM shows.
