07.15.2014

The new owner of Romanian brick manufacturer Ceramica Iasi (CERE.RO), investment fund Asia Debt Management Capital (ADM Capital), plans to turn the brick manufacturer into a regional leader, given its more

07.01.2014

Net foreign capital inflows to the Romanian capital market almost doubled to 814.2 million lei (EUR185.7 million) last year, from RON447.5 million in 2012, the country’s financial supervisory more

06.24.2014

South-African investment fund New Europe Property Investment (NEP.RO) Monday said it plans to raise EUR11.88 million through the issue of new shares. more

06.11.2014

Europa Capital company, part of Rockefeller group, sold all the 150 apartments in the first stage of residential project Vitan Residence 2 in Bucharest, which will have a total 380 apartments at more

06.09.2014

Private equity fund Abris Capital Partners has fully acquired Romanian courier services provider Urgent Curier which will further merge with courier company Cargus, also controlled by the fund. more

05.26.2014

Romanian cable maker Romcab Targu-Mures (MCAB.RO) plans to borrow up to EUR40 million from UniCredit Tiriac Bank, for which it seeks to obtain a state guarantee from government-owned lender EximBank more

05.26.2014

Retailer Mega Image, which has nearly 310 supermarkets and convenience stores in Romania, raised its share capital by EUR25.2 million in April to finance expansion plans and the construction of a new more

05.22.2014

The share capital of Romanian steel pipes maker ArcelorMittal Tubular Products Iasi (TPRO.RO) was raised by 81.5 million lei (EUR18.4 million), from RON6.5 million to RON88 million. more

05.22.2014

Investment fund Frontiers Investment Trust, managed by US giant BlackRock, the world’s biggest money manager, has come to invest EUR6.7 million in the shares of BRD, Romania’s second largest bank more

05.14.2014

Shareholders of insurer Astra Asigurari, two companies owned by businessman Dan Adamescu, decided Monday to raise the insurer's share capital by RON490 million, with a first tranche of RON70 million, more

05.05.2014

Emerging Europe Accession Fund (EEAF), managed by Axxess Capital, completed on April 30 the takeover of Nextebank Romania from Hungarian lender MKB, following clearance from the Romanian central bank. more

04.28.2014

Shareholders of Romania’s regional investment fund SIF Transilvania (SIF3.RO) approved the doubling of the fund’s share capital from RON109.2 million to RON218.4 million, by capitalizing RON109.2 more

04.28.2014

OTP Bank Romania, the local unit of Hungary’s financial group OTP, hiked its share capital by RON50 million, from RON732.9 million to RON782.9 million, via cash contribution from its main more

04.28.2014

Brasov-based dairy producer Prodlacta wants to raise its share capital by around RON16 million, issuing shares at a face value of RON1.36, and estimates to double its revenue and cut its losses more

04.17.2014

Foreign shareholders injected an aggregate EUR427 million in 16 companies with operations in key industries in Romania during the first three months of the year, Trade Registry data showed Thursday. more

04.14.2014

Romanian realty developer Impact Developer&Contractor (IMP.RO) plans to increase its share capital by 80 million lei (EUR17.9 million) to RON277.8 million via cash contribution from its shareholders, more

04.11.2014

Majority shareholder of Banca Romana de Credite si Investitii, or BRCI, Dorinel Umbrarescu, plans to increase the bank’s share capital by EUR20 million, lei equivalent, in accordance with the more

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