07.19.2012

The shareholders of Romanian insurer BCR Asigurari de Viata have decided to increase the company's share capital by 11.04 million lei (EUR2.41 million), to RON32.97 million, through a cash more

07.18.2012

Romanian cable maker Romcab Targu-Mures (MCAB.RO) Wednesday approved a proposal to increase its share capital by 9.46 million lei (EUR2.1 million) to RON23.46 million by including past reserves, the more

07.16.2012

Over EUR2 billion left Romania in May, in a major wave of foreign capital withdrawals from the local market, which promptly reflected in a depreciation of the leu by 1.5% against the euro. more

07.09.2012

Persistent political uncertainty in Romania could endanger the country’s EUR5 billion loan agreement with the International Monetary Fund and the EU, but the eastern European nation would likely more

07.08.2012

The crisis in the euro zone is the biggest concern to Romania's economy at the moment, said William Jackson, analyst with Capital Economics, who pointed out that the local financial market has more

07.02.2012

Romanian cable maker Romcab Targu-Mures (MCAB.RO) plans to increase its share capital by 9.46 million lei (EUR2.1 million) to RON23.46 million by including past reserves, the company said in a call to more

06.25.2012

Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) wants to increase its share capital by 14.1 million lei (EUR3.15 million) to RON29.7 million, the company said in a call more

06.25.2012

Foreign banks and insurers have contributed more than EUR380 million to the capital of their local subsidiaries since the beginning of this year to offset the losses caused by the sales decline and more

06.12.2012

The shareholders of Romanian life insurance company BCR Asigurari de Viata will discuss in July the decision to increase the company’s share capital by 11.04 million lei (EUR2.47 million), to more

06.07.2012

The 100 largest companies on the Bucharest Stock Exchange were worth over EUR36 billion in July 2007 and accounted for 96% of the bourse’s overall capitalization, but five years later the value of more

05.31.2012

Swiss Capital continued to lead the Bucharest bourse’s brokers chart in May, with total deals worth 538.5 million lei (EUR120.6 million), stock exchange data showed Wednesday. more

05.24.2012

Romanian MKB Romexterra Leasing plans to reduce its share capital by 22.6 million lei (EUR5 million), from RON41.7 million to RON19.1 million, to cover the loss carried forward. more

05.23.2012

Romanian industrial electrodes maker Electrocarbon Slatina (ELNG.RO) wants to increase its share capital by 18 million lei (EUR4.03 million), from RON44.8 million to RON62.8 million, through a cash more

05.22.2012

Romanian subsidiaries of foreign insurance companies should rely more on their own efforts and less on potential capital inflows from shareholders who are highly unlikely to keep operating capital more

05.11.2012

The significant reduction in the exposure of eurozone parent banks to financial markets in the region, including Romania, and the higher volatility of capital flows in general, have become two of the more

05.02.2012

A moderate fiscal slippage in Romania following the government’s recent collapse is unlikely to create long-term difficulties, provided any new fiscal policies are credible and will not stray from more

04.27.2012

The shareholders of Romanian lender Banca Transilvania (TLV.RO) on Friday approved increasing the bank's share capital by 129.3 million lei (EUR29.5 million), to RON1.903 billion, and launching a more

03.30.2012

Political appointments put inexperienced people in positions that entail regulation and supervision of markets worth tens of billions of euros. This week, Parliament validated new members to run the more

03.27.2012

Political parties on Monday in an unexpected move decided to appoint their candidates to the helm of the institutions that supervise the capital market (CNVM) and private pensions (CSSPP), although more

03.23.2012

The managing board of Romanian state-owned medicine maker Antibiotice Iasi (ATB.RO) increased to 17.2 million lei (EUR3.9 million) the sum proposed to stockholders as share capital hike, according to more

03.22.2012

Romanian lender Banca Transilvania (TLV.RO) Thursday proposed increasing its share capital by 129.38 million lei (EUR29.57) to RON1.9 billion and launching a EUR30 million convertible bond, the bank more

03.21.2012

The cumulated debts of listed companies went up from 25 billion lei (EUR5.7 billion) at the end of 2008 to RON34 billion (EUR7.7 billion) at the end of 2011. During the same period the companies’ more

03.16.2012

Romanian MKB Romexterra Bank, a unit of Hungary’s MKB Bank Zrt, Friday proposed increasing its share capital by 70.59 million lei (EUR16.1 million) to RON197.7 million. more

03.07.2012

OTP Bank Romania, the local unit of Hungary’s financial group OTP, has increases its share capital by 140 million lei (EUR32 million) to RON683 million, the lender said in a statement Wednesday. more

02.29.2012

Swiss Capital continued to lead the Bucharest bourse’s brokers chart in February, with total deals worth 336.2 million lei (EUR77.3 million), stock exchange data showed Wednesday. more