Fondul Proprietatea Still Seeks to Sell Stake in Hidroelectrica
09.04.2018
Romanian investment fund Fondul Proprietatea (FP.RO) is still seeking to sell a stake of nearly 20% it holds in Romanian hydropower producer Hidroelectrica, fund representative Johan Meyer said Tuesday.
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SIF Oltenia Sells Entire Stake Held In Banca Comerciala Romana For EUR140M 06.25.2018
Regional investment fund SIF Oltenia (SIF5.RO) on Monday said it is selling its 6.3% stake in Romanian lender Banca Comerciala Romana (BCR),... more
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Santierul Naval Orsova Starts Payment Of Dividends On July 16 06.22.2018
Romanian shipyard Santierul Naval Orsova (SNO.RO), which produces navigation vessels, on Friday said it will start on July 16 the payment of... more
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Bernando Sanchez Incera Quits BRD-Soc Gen Board of Directors 06.22.2018
Bernando Sanchez Incera has renounced his mandate as member of the Board of Directors of BRD – Groupe Societe Generale S.A., starting with June... more
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Catalin Dumitru Reconfirmed as Board Chairman for Rompetrol Rafinare 06.20.2018
Shareholders of Rompetrol Rafinare (RRC.RO), the company that operates the largest oil refinery in Romania, Petromidia, have reelected Catalin... more
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Vimetco, Conef To Launch Secondary Public Offering For Alro Shares 06.18.2018
Russian group Vimetco and Conef, which own Romanian aluminum producer Alro Slatina (ALR.RO), announced plans to launch a secondary public offering... more
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Teraplast Bistrita To Pay Out RON10M Dividends Starting June 29 06.14.2018
Romanian building materials manufacturer Teraplast Bistrita on Thursday said it will start on June 29, 2018 the payment of dividends, in the amount... more
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Top Five Shareholders Own 29% In Banca Transilvania 06.14.2018
The European Bank for Reconstruction and Development (EBRD), SIF Moldova, SIF Banat-Crisana, businessman Horia Ciorcila, Pillar II private pension... more
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Digi Communications Sets Off Buyback Program For 3.4 Million Shares 06.08.2018
Digi Communications (DIGI.RO) on Friday said it will carry out a repurchase program, in the next 12 months, to buy up to 10% of the subscribed... more
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Nuclearelectrica Launches Access SNN Mobile Application Dedicated To Investor Relations 06.08.2018
Romanian nuclear power plant operator Nuclearelectrica (SNN.RO) on Friday launched the mobile application “Access SNN”, dedicated to investor... more
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Transgaz Approves Payment Of RON45.38/Share Dividend For 2017 FY 06.07.2018
The General Meeting of the Shareholders of Romanian state-owned gas pipeline operator Transgaz (TGN.RO) on Thursday decided to pay out a gross... more
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Pillar II Pension Funds Own Stock In 31 Romanian Companies 05.30.2018
The seven Pillar II (mandatory private) pension funds had 6.9 billion lei (EUR1.48 billion) invested on the Romanian stock market in December 2017,... more
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Transelectrica Appoints Seven New Provisional Supervisory Board Members 05.29.2018
Shareholders of Romanian state-run power grid operator Transelectrica (TEL.RO) on Tuesday approved the appointment of seven new members of the... more
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Fitch Upgrades Banca Transilvania’s IDR Rating To BB+ 05.29.2018
Fitch Ratings has upgraded the Long-term Issuer Default Rating (IDR) rating of Banca Transilvania to 'BB+' from 'BB', with a stable perspective as... more
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Banca Transilvania Shareholders Approve Subordinated Bond Issue Of EUR350M 05.23.2018
Shareholders of Romanian lender Banca Transilvania (TLV.RO) on Wednesday approved a subordinated bond issue, with a fixed or variable interest... more
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Fondul Proprietatea Approves Payment Of RON0.0678/Share Dividend For 2017 Financial Year 05.23.2018
Franklin Templeton International Services, in its capacity as alternative investment fund manager and sole director of investment fund Fondul... more
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Sometra Invests $40M in Eco-Friendly Recycling Plant in Central Romania 05.22.2018
Zinc and lead producer Sometra Copsa Mica (SOMR.RO), owned by Greek group Mytilineos Holdings, will invest $40 million in an eco-friendly recycling... more
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Globalworth Launches New Bond Issue, Worth A Total EUR550M, On Bucharest Stock Exchange 05.18.2018
A new issue of bonds of real estate investment company Globalworth will start trading on the Main Market of the Bucharest Stock Exchange, on May 18. more
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Contribution Freezes and Cuts Cost Romanians EUR1.1B of Future Private Pensions 05.16.2018
Non-observance of the calendar to raise contributions to private pension Pillar II to 6% of gross income has had an impact of EUR1.1 billion in... more
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Alro Slatina Posts RON125M Net Profit in 1Q 05.15.2018
Romania's Alro Slatina (ALR.RO) on Tuesday reported a net profit of RON125 million in the first quarter compared with a net profit of RON 90... more
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Fondul Proprietatea Reduces Its Holding In Nuclearelectrica To 7.5% From 9.1% In 1Q/2018 05.15.2018
Investment fund Fondul Proprietatea (FP.RO) sold a part of its holding in state-owned nuclear power producer Nuclearelectrica (SNN.RO) in the first... more
Lender ING Bank Romania on Tuesday reported a net profit of RON345 million for the first half of 2018, on higher revenues and lower
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Hotels, pensions, lodges and motels in Bucharest and in the Constanta and Brasov counties posted more than 2.5 billion lei (EUR538
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Romania’s game development industry is dominated by multinationals and the four largest such companies in the country by revenue in
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Sales of durable goods on the Romanian market rose 11.8% in April-June 2018, to EUR700 million, mostly backed by the telecom segment,
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The 20 largest companies that went insolvent in the first half of 2018 posted 1.5 billion lei (EUR324 million) revenue and had about
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The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the
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The Bucharest Stock Exchange increases the maximum number of companies in its BET index and its total return version BET-TR from 15 to
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C&W Echinox: Romania's Real Estate Market Attracted EUR386M Investments in 1H/2018
The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the previous year, when the investment market reached a value of EUR530 million, according to Cushman & Wakefield Echinox calculations and estimates.
