12.20.2013

A consortium led by Swiss Capital – the largest brokerage on the Romanian market – will be the state’s consultant in the sale of the 46% stake in major telecom operator Romtelecom, according to more

12.19.2013

Romania seems to be in a “relatively secure” financial and economic place, but tighter global monetary conditions could eventually eat into capital inflows to the country, according to estimates more

12.19.2013

The shareholders of banks, insurers and leasing companies this year injected EUR500 million into the capital of Romanian subsidiaries. more

12.17.2013

Life insurer BCR Asigurari de Viata wants to increase its share capital by 120.52 million lei (EUR27 million) to RON153.5 million, through cash contribution. more

12.13.2013

Shareholders of Romanian steel pipes maker ArcelorMittal Tubular Products Iasi (TPRO.RO) will convene on January 16 to discuss raising the company’s capital by RON84.6 million, from RON6.5 million more

12.10.2013

Romanian businessman Stefan Vuza plans to raise the capital of Chimcomplex Borzesti (CHOB.RO) by RON157 million (EUR35.2 million) and then buy the viable assets of chemical plant Oltchim Ramnicu more

12.03.2013

Volksbank Romania, which is due to be sold by Volksbank Austria by the end of 2015, has received a massive capital increase of EUR120 million from its shareholders, in order to compensate for costs more

11.28.2013

South-African investment fund NEPI (NEP.RO), one of the most active real estate investors in Romania, Thursday raised approximately EUR50 million through an accelerated book build process, which was more

11.27.2013

Romanian small and medium-sized enterprises (SMEs) that access a state-supported program that guarantees loans for SMEs may use the funds drawn from credit lines exclusively to finance working more

11.27.2013

Romania’s capital market is dominated by "all kinds" of interests and the pile of regulations in the field, which date back to the 1990s, will be amended, Mircea Ursache, vice-president of the more

11.26.2013

French-held retailer Auchan, which has 31 hypermarkets in Romania, has increased its share capital by nearly EUR180 million since the beginning of 2013. more

11.25.2013

Romania’s Trade Registry Monday said the number of firms defaulting on their debts in October doubled compared to September and the number of insolvencies reached 23,543 in the first ten months of more

11.06.2013

Romanian power transformers producer Electroputere Craiova (EPT.RO) wants to increase its share capital by 81.1 million lei (EUR18.2 million), mainly by partially compensating for debts to its more

10.30.2013

Insurer Euroins Romania plans to raise its share capital by RON20 million, to RON138.5 million, by shareholders’ cash contributions, and the proposition will be discussed in a meeting on November more

10.30.2013

The manager of software developer Siveco is in final negotiations to buy back the 32.5% stake held by investment funds Enterprise Investors and Intel Capital, say market sources. more

10.29.2013

Foreign real estate developers increased the capital of their Romanian subsidiaries by EUR215 million in the first nine months of the year, compared to EUR200 million in the similar interval a year more

10.29.2013

Insurance companies held by foreign groups received capital injections of EUR117 million since the beginning of this year, according to aggregate data from the Trade Registry. The bulk of the money is more

10.28.2013

The Transport Ministry will raise the share capital of passenger railway company CFR Calatori by RON400 million, to pay off debts on the use of railway infrastructure to CFR SA, which in turn will use more

10.24.2013

Capital available for investments in commercial property in 2014 in Europe amounts to $120 billion, 6% higher than estimated six months ago, and Romania manages to attract just nearly 0.5% of it, more

10.17.2013

Chevron Romania Exploration & Production Bucuresti on Thursday said it has increased its share capital by 112 million lei (EUR25.1 million) to RON395.6 million, via cash contribution from its sole more

10.07.2013

Raiffeisen Bank Romania does not await instructions from its Austrian parent bank on how to adjust costs and to make local operations more efficient. This shows in the decision taken in due time to more

10.04.2013

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) plans to buy back up to 10% of its shares to reduce registered capital, the company said in a statement Friday. more

10.03.2013

Romanian chemical company Chimcomplex Borzesti (CHOB.RO) will increase its share capital by 33.12 million lei (EUR7.45 million) to RON162.3 million, according to a shareholder decision Thursday. more

10.01.2013

Swiss Capital held on to its top brokerage position for the second consecutive month in September, after it brokered over one third of the total deals in Bucharest, stock exchange data showed Tuesday. more

09.26.2013

Franklin Templeton Investment Management, sole manager of Romanian investment fund Fondul Proprietatea (FP.RO), on Thursday recommended lowering the fund’s share capital by 676.9 million lei more