04.07.2014

Romanian insurer Astra has to hike its share capital by 490 million lei (EUR110 million) in the next 12 months, out of which RON70 million in the first stage, according to the recovery plan approved more

04.03.2014

The subscribed share capital of insurers in Romania increased by RON420.7 million on the year to RON3.4 billion in 2013, according to data provided by the country’s Financial Supervisory Authority, more

03.28.2014

UK group Kingfisher, which in 2013 took over the Romanian DIY network of Bricostore, in February operated several capital raise operations in the wake of which it injected around EUR21.5 million in more

03.25.2014

Shareholders of Romanian brick maker Cemacon (CEON.RO) approved the share capital decrease by RON25.7 million, to around RON526,000, due to losses amassed by the company over the last five years. more

03.24.2014

The managing board of Romanian abrasives maker Carbochim Cluj-Napoca (CBC. RO) has proposed to raise RON6.4 million from shareholders to increase the company’s share capital to RON16.1 million. more

03.24.2014

The market is flush with cash and its price has never been so low. Thus, the Romanian market is not having a cash issue now, but it’s coping with a loan demand shortage. On the other hand, bonds more

03.18.2014

Ludwik Sobolewski, the chief executive officer of the Bucharest Stock Exchange, told ZF in an interview that the work group he coordinates has already prepared several “deeply thought” changes to more

03.06.2014

The acquisition of local IT solutions provider Star Storage by Axxess Capital, the investment manager of Emerging Europe Accession Fund (EEAF), is a unique deal on the market in the region in the last more

03.05.2014

The shareholders of Nextebank, a small player controlled by Hungary’s MKB bank, in late February approved a capital increase of as much as 183 million lei (EUR40 million). more

02.28.2014

The management of Romanian regional investment fund SIF Transilvania (SIF3.RO) proposes that last year’s profit of 189.6 million (EUR43 million), should be used to double share capital, to more

02.26.2014

Insurer Euroins Romania will increase its share capital by 100 million lei (EUR22.1 million), to RON238.5 million, by shareholders’ cash contributions, following a decision of the company’s more

02.25.2014

Private equity fund Emerging Europe Accession Fund (EEAF) announced Tuesday that it acquired a majority stake in Romanian information technology services company Star Storage. more

02.24.2014

Romanian investment fund Fondul Proprietatea (FP.RO) Monday said it has received regulatory approvals to lower its share capital by 240.3 million lei (EUR53.3 million) to approximately RON13.54 more

02.23.2014

French group Adeo raised the share capital of DIY retailer Leroy Merlin Bricolaj Romania by EUR10 million in January and will most likely use the funds for a new store. more

02.19.2014

The Managing Board of Romanian brick maker Cemacon (CEON.RO) proposed the company’s shareholders to reduce the share capital by 25.7 million lei (EUR5.7 million), to around RON526,000, due to losses more

02.11.2014

Romanian insurer Omniasig VIG (former BCR Asigurari) increased its share capital by 53.1 million lei (EUR11.8 million) to RON439.6 million, the insurer said in a statement Tuesday. more

02.03.2014

Romanian investment fund Fondul Proprietatea (FP.RO) on Monday approved lowering the fund’s share capital by 676.9 million lei (EUR150.5 million) to RON12.86 billion by reducing the face value of more

01.27.2014

Global private investment firm HIG Capital, based in Miami, USA, has negotiated a record deal with Volksbank to buy a package of retail non-performing loans (NPLs) valued at EUR600 million, including more

01.21.2014

Israeli private equity investment group Fortissimo Capital and German company PCC SE, the main private shareholder in Romania’s state-owned chemical company Oltchim SA (OLT.RO), have decided not to more

01.16.2014

Polish financial group Getin Holding has increased the share capital of its Romanian subsidiary Romanian International Bank (RIB) by 22.76 million lei (EUR5.1 million) to RON77.99 million. more

01.16.2014

GSK Romania used the EUR66.8 million from its recent share capital raise to pay off debts to other divisions of the British pharmaceutical group, amassed due to extensive payment terms on the Romanian more

01.15.2014

Foreign shareholders last year injected over EUR1 billion in 13 companies with operations in key industries in Romania, such as energy, financials, auto and retail, according to Trade Registry data. more

01.15.2014

GlaxoSmithKline’s Romanian subsidiary hiked in December its share capital by 298.2million lei (EUR66.8 million), according to the Trade Registry data. more

01.14.2014

Azeri state-run oil company SOCAR Tuesday said it will increase the share capital of its Romanian unit SOCAR Petroleum by EUR35 million, following the acquisition of the remaining 10% in the unit from more

01.13.2014

Romania’s Financial Supervision Authority (ASF) imposed 129 fines totally worth 4.89 million lei (slightly above EUR1 million) on capital market entities (investors, brokers, issuers) from April more