Investors in Bank Stocks Gain 20% in Bucharest Stock Exchange’s Best Week Since 2010

02.11.2019

Banca Transilvania, and BRD, the most traded stocks on the Bucharest Stock Exchange, gained up to 20% last week, as more and more investors expect the tax on bank assets to be dropped.

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

Romania’s Banking System Profit Hits Record High of Over RON7B in 2018

The lending rebound, the rise in interests and the improvement of portfolio quality helped Romania’s banking system post an

Four Companies Vie For EUR40M Construction Contract Of Brasov-Ghimbav Airport Terminal

Companies Bog’Art SRL Bucuresti, Construcţii SA Sibiu, Kesz Constructii Romania SRL Cluj and Porr Construct SRL Bucuresti have

Germany’s Zeitfracht Group Acquires 10% In Airline Blue Air $Germany’s Zeitfracht Group Acquires 10% In Airline Blue Air$

German Zeitfracht Group has joined the shareholding structure of low-cost airline Blue Air, holding 10% of the airline’s share

C&W Echinox: Office Transactions Hit EUR95M in Romania in 2018

Office building transactions in Romania reached the highest level of the last decade in 2018, of EUR957 million, according to the

Chitila Turns Into Bucharest’s Future Logistics And Industrial Hub

Chitila represents the future logistics hub of capital city Bucharest, for both warehouses and the light industrial production, in the

World Bank Lowers Romania GDP Growth Projections to 3.5% in 2019, 3.1% in 2020

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

Nestle To Shut Down Its Romanian Factory

Swiss giant Nestle, one of the largest players on the Romanian consumer goods market, will close its Romanian factory, located in the

Romania's Fiscal Instability, Main Challenge for Businesses in 2019

Fiscal instability is the main challenge for businesses this year, influencing investors' appetite for doing business in Romania,

Analysis

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.