02.29.2012

Austria's government invests a further EUR250 million in Volksbank’s capital after taking a 70% loss from a previous EUR1 billion injection, this being the third time since 2008 that the Austrian more

02.14.2012

The low liquidity of the Romanian capital market, the high trading costs, and the lack of predictability of regulations are making the Romanian market as a whole less attractive than competitors in more

02.06.2012

Romanian government’s resignation is bound to impact the local financial markets on the short term, leaving the country more vulnerable to contagion from the eurozone unless the situation is quickly more

02.02.2012

Shareholders of MKB Romexterra Leasing will hold talks on March 5 on increasing the company’s share capital by 9.1 million lei (EUR2.1 million), to RON42.2 million from RON33.1 million, through cash more

02.01.2012

Businessman Tiberiu Urdareanu, who controls the UTI group, a business worth almost EUR160 million in 2010, is negotiating the sale of the UTI Headquarters building in downtown Bucharest to a Greek more

01.31.2012

Romanian regional investment fund SIF Moldova (SIF2.RO) Tuesday call on its shareholders to triple the fund’s capital to 155.7 million lei (EUR), saying its planned dividend payments would deplete more

01.27.2012

Romanian steel pipes maker ArcelorMittal Tubular Products Iasi (TPRO.RO) will increase its share capital by 78 million lei (EUR17.9 million) to RON241 million, the company said in a statement Friday. more

01.26.2012

Romanian steel pipes maker ArcelorMittal Tubular Products Roman (PTRO.RO) will increase its share capital by 292.1 million lei (EUR67 million) to RON725 million, the company said in a statement more

01.24.2012

Six years after its first acquisition on the GSM market in Romania, Spanish fund GED Capital is negotiating with Vodafone the exit from what is left of the Fonomat chain, 39 stores from almost 200 in more

01.16.2012

Romanian home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) approved a 9.3 million lei (EUR2.14 million) capital increase to RON15.5 million to finance investments, the company said in more

01.11.2012

Bank officials from 17 countries met in Vienna Wednesday to discuss the effects of the new capital requirements imposed by the European Union, an official of the Romanian central bank BNR said. more

01.10.2012

Romania’s big challenge this year will be to advertise on the international market, so that it would differentiate itself from countries in trouble in the region and borrow at reasonable terms, says more

01.09.2012

Volksbank Romania, the local unit of Austria’s Volksbank AG, will increase its share capital by 362.8 million lei (EUR84 million) to RON903.15 million, the lender said Monday. more

01.05.2012

Erste Group analysts expect the main index of the Bucharest stock exchange to rise 17% this year, the third-best performance in the region after the Istanbul and Prague bourses, as investor risk more

12.29.2011

Romanian state-owned post office CNPR will hold an auction in February for a three-year credit line worth 100 million lei (EUR23.3 million) to finance working capital needs. more

12.29.2011

Turkiye Garanti Bankasi added EUR18 million to the share capital of Garanti Bank, in order to support the development operations of its Romanian subsidiary. more

12.27.2011

Foreign realty investors contributed EUR120 million, in the first nine months of the year, to the share capitals of companies they own in Romania, compared to EUR395 million in the same interval of more

12.22.2011

ArcelorMittal Tubular Products Holding, the tubular products arm of the world’s largest steelmaker ArcelorMittal, will invest 370 million lei (EUR86 million) in the capital stock of its Romanian more

12.22.2011

Intesa Sanpaolo Bank Romania increased its share capital by 323 million lei (EUR75 million) to RON814.1 million, in a move to strengthen the bank’s position on the market, the bank said in a more

12.19.2011

Regional investment fund SIF Oltenia (SIF5.RO), the only SIF not to sell its BCR stake to Austrian Erste, contributed 37.1 million lei (EUR8.54 million) to a share capital increase at the Romanian more

12.16.2011

Volksbank will continue to operate on the Romanian market, and an interruption of activity is out of the question, Friday said the bank’s chief executive officer Johann Lurf, adding shareholders more

12.14.2011

The cumulated value of the 20 largest banking loans accessed by local companies this year exceeds EUR2.5 billion after banks were much more cautious with lending in 2010, reveals an analysis made by more

12.12.2011

The fact that state-owned Romanian lender CEC Bank is no longer allowed to increase its share capital from the profits of previous years is an error, Monday said the bank's president Radu Ghetea. more

12.12.2011

ATE Bank Romania Monday said it has increased its share capital by 84.47 million lei (around EUR20 million) to RON220.94 milion, via cash contribution from its majority holder, Greece’s ATE Bank. more

12.06.2011

Romanian home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) Tuesday proposed increasing its capital by 9.3 million lei (EUR2.13 million) to approximately RON15.5 million to finance more