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

01.12.2014

Nextebank will focus on niche services--namely on very small and small companies, as well as on individuals, with lending not including long-term products in the latter case--according to Horia Manda, more

01.09.2014

Siveco Romania management redeemed the full 32.5% stake from private equity firms Enterprise Investors and Intel Capital in order to self-evaluate the assets and the experience developed, Irina Socol, more

01.08.2014

The year 2014 will be quite busy for the private equity firms that have been in Romania for a number of years, while others might exit after using up their allocations for the area, the managers more

01.07.2014

Shareholders of Romanian insurer Asirom will discuss at the end of January the increase of the company’s share capital by RON80 million (EUR17.8 million), following a RON58.5 million capital more

01.06.2014

The management of software developer Siveco in November last year completed negotiations with private equity firms Intel Capital and Enterprise Investors to buy back 32.5% of its shares. more

01.01.2014

2013 has been the best of the past six years for the Romanian stock exchange and most brokers are optimistic about 2014, if economic growth continues and political stability is maintained, and they more

12.31.2013

Shareholders of insurer Asirom decided on December 10 to raise the company’s share capital by RON58.5 million (EUR13 million), to RON216.4 million, by cash contributions. more

12.27.2013

Energy, wood processing industry and food retail are the economy sectors that got the highest capital inflows from foreign shareholders this year. The impact of the Auchan-Real deal and the green more