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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AmCham Romania Urges Preservation of Current Private Pension System 05.15.2018
AmCham Romania (the American Chamber of Commerce in Romania), which represents over 430 American, multinational, and Romanian companies, on Tuesday... more
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Romgaz Profit Falls 10%, to RON501 M in 1Q 05.15.2018
Romania’s largest natural gas producer Romgaz Medias (SNG.RO) on Tuesday reported a net profit of RON501 million for the first quarter, down from... more
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Transgaz Profit Falls 26% in 1Q, to RON236M 05.15.2018
Romanian state-owned gas pipeline operator Transgaz (TGN.RO) on Tuesday reported a net profit of RON236 million for the first quarter, down 26%... more
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Oltchim Profit Grows Six-Fold in 1Q, to RON46.3M 05.11.2018
Romanian state-owned chemical plant Oltchim Ramnicu Valcea (OLT.RO) on Friday reported its firs-quarter net profit grew six-fold on the year, to... more
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Alro Invests In Energy Saving Technology at Slatina Plant 05.09.2018
Alro Slatina (ALR.RO), the largest aluminum producer in continental Europe (excluding Russia and Scandinavia), said Wednesday it has reached an... more
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Transelectrica Gets EUR2.2M from EUR27M EC Grant to Build New Power Line 05.04.2018
Romanian state-run power grid operator Transelectrica (TEL.RO) on Friday said it has received a tranche of EUR2.2 million from a European... more
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Moody's Upgrades IIB Rating To A3 From Baa1 For Bonds Issued On Bucharest Stock Exchange 05.03.2018
Moody's Investor Service has upgraded the issuer and senior unsecured debt ratings of International Investment Bank (IIB) to A3 from Baa1. The... more
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Digi Communications To Pay Dividends of RON0.35/Share 05.02.2018
Digi Communications N.V. (DIGI.RO) decided in its shareholders' meeting Wednesday to distribute a gross dividend of RON0.35 per share for its 2017... more
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LSEG To Open Business Services Center In Bucharest, To Employ More Than 200 People 05.02.2018
The London Stock Exchange Group (LSEG) on Wednesday said it will open a business services center in Romania’s capital city of Bucharest. more
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Electrica Has New Executive Board, To Pay Out Dividend Of RON0.7237/Share For FY 2017 04.27.2018
The Ordinary General Assembly of shareholders of electricity distribution and supply company Electrica SA (EL.RO) on Friday elected a new Executive... more
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Conpet Ploiesti Approves Overall Dividends Of Nearly RON70M, At 7.25% Yield 04.26.2018
State-run oil transporter Conpet Ploiesti (COTE.RO), 58% held by the Romanian state, has approved the payment of overall dividends worth nearly... more
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Antibiotice Iasi To Pay Out RON17.8M Worth Of Dividends, At 5% Yield 04.26.2018
Pharmaceutical company Antibiotice Iasi (ATB.RO), 53% held by the Health Ministry, has approved a gross dividend of RON0.0265 per share, the... more
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Romgaz To Pay Out RON1.92B Worth Of Dividends To Its Shareholders, At 13% Yield 04.26.2018
Romania’s largest natural gas producer Romgaz Medias (SNG.RO) has approved the distribution of a gross dividend of RON4.99 per share, triggering... more
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Alumil Rom Industry Approves Highest Dividend Yield On Capital Market, Of 23% 04.25.2018
Romanian aluminum processor Alumil Rom Industry (ALU.RO) will pay dividends of RON0.416 per share to shareholders registered on May 21, 2018, which... more
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Banca Transilvania Net Profit Grows 48% in 1Q, To RON366M 04.25.2018
Romanian lender Banca Transilvania (TLV.RO) posted a profit of RON366 million in the first quarter of the year, up 48% compared with the same... more
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Rompetrol Rafinare Extends $360M Credit Facility 04.20.2018
Rompetrol Rafinare (RRC.RO), owned by KMG International Group, said Friday it has amended and extended a multicurrency (USD, RON, EUR) revolving... more
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Banca Transilvania Seeks to Raise EUR350M Issuing 10-Year Corporate Bonds 04.19.2018
Romanian lender Banca Transilvania (TLV.RO) will seek to raise up to EUR350 million by selling corporate bonds with ten-year maturity, it said in a... more
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Analysts Warn Dismantling Private Pension System Would Damage Capital Market 04.18.2018
Transferring future private pension contributions to the public pension system would damage the capital market and hurt the country's budget... more
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EY: Global IPO Market Up 28% On Year In 1Q/2018, Outlook Remains Robust 04.17.2018
Global IPO (initial public offering) activity in the first three months of 2018 posted strong results to start the year. Global IPO markets raised... more
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Transgaz Consortium Gets Outbid for Greek DESFA Privatization 04.17.2018
A consortium of Italy's Snam, Spain's Energas, and Belgium's Fluxys have outbid Romania's Transgaz, Spain's Regasificadora del Noroeste, Reganosa... 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.
