09.23.2011

Romanian oil refinery Astra Romana (ASP) Ploiesti will contribute in kind to increasing the share capital of Hidro Bitum Teleorman, a company part-held by InterAgro owner Ioan Niculae. more

09.22.2011

Only 12 of the 78 companies currently listed on the main market of the Bucharest Stock Exchange (BVB.RO) have attracted funding from the stock exchange through capital increases, whereas private more

09.21.2011

Romanian mergers and acquisitions market is likely to stagnate at around EUR300 million-EUR320 million in 2011, despite a 20% annual increase in the first half of the year, investment-banking adviser more

09.21.2011

Romanian real estate consultancy firm Capital Property Advisors, held by the founders of investment boutique Capital Partners, Wednesday said they could conclude two realty transactions this year, more

09.20.2011

Romania’s leading oil company OMV Petrom (SNP.RO) will lower the share capital of its retail division OMV Petrom Marketing by 735.2 million lei (EUR171.6 million) to RON245 million, the company said more

09.20.2011

Romanian drilling company Dafora Medias (DAFR.RO) increased its share capital to 100.2 million lei (EUR23.4 million), below the planned level, after shareholders subscribed shares worth RON2.8 more

09.16.2011

Austrian Erste Group Bank AG (EBS.RO) Friday said its Romanian unit BCR could very likely need a capital increase sometime in the future, as risk costs are bound to remain at high levels. more

09.15.2011

Realty consultants Capital Property Advisors appointed Radu Lucianu, former head of consultancy firm CB Richard Ellis (CBRE) Romania, as general manager. more

09.14.2011

Romania’s second largest oil refinery Rompetrol Rafinare (RRC.RO) Wednesday said the state has filed legal action against its decision to increase the company’s share capital through bond more

09.12.2011

Raiffeisen Capital & Investment on Monday reduced by 14.2% the one-year target price for Banca Transilvania (TLV.RO), to 1.2 lei (EUR0.28) from RON1.4, but maintained the “hold” recommendation. more

09.09.2011

The share capital of energy bourse OPCOM will be increased by 23 million lei (EUR5.4 million), through the in kind contribution of the sole shareholder, state-owned power grid operator Transelectrica more

09.07.2011

The managing board of realty developer Impact (IMP.RO) proposed the diminishing of share capital by 2.1 million lei (EUR500,000), to RON197.8 million, by cancelling shares bought back over the past more

08.30.2011

Romanian construction company Concefa Sibiu (COFI.RO) will increase its share capital by 14.2 million lei (EUR3.36 million) to RON71.06 million, mostly by cash contribution from stockholders, the more

08.29.2011

Romanian electric engine maker Retrasib Sibiu (RTRA.RO) will increase its share capital by 5 million lei (EUR1.18 million) to RON10 million to bolster operations, the company said in a statement more

08.22.2011

Romanian construction company Pa&Co International SRL, owned by businessman Costel Casuneanu, has increased its share capital by 33 million lei (EUR7.74 million), to RON65 million, according to a more

08.22.2011

Wind farm developer Enel Green Power Romania, part of Italian utilities group Enel, has increased its share capital by 620 million lei (EUR145.5 million), to RON890 million, through cash contribution, more

08.16.2011

ATE Bank Romania on Tuesday said it plans a share capital increase of 84.4 million lei (EUR20 million), to RON221 million, which will be subscribed entirely by Greek parent group ATE Bank if other more

08.16.2011

The Romanian government doubled its short-term external debt in the first half of the year to over EUR3 billion, triple compared to last summer, while banks’ indebtedness rose by just EUR360 million more

08.08.2011

A potential outflow of foreign capital would increase Romanian economic vulnerability to a higher degree compared with the situation in 2007-2008, as the interbank market has grown deeper and it more

07.25.2011

Romanian drilling company Dafora Medias (DAFR.RO) has approved a 5.1 million lei (EUR1.2 million) capital increase to RON102.4 million, the company said in a statement Monday. more

07.25.2011

Construction company Concefa Sibiu (COFI.RO), owned by businessman Horatiu Cercel, on Monday said it plans to increase its share capital by 14.2 million lei (EUR3.36 million), to RON71.6 million. more

07.18.2011

Romanian metallic cord and wire manufacturer Cord Buzau (CORZ.RO) will increase its share capital by 32.7 million lei (EUR7.6 million) to over RON72 million, the company said in a statement Monday. more

07.08.2011

Alpha Bank, the local subsidiary of one of the leading Greek financial groups, received a significant capital injection in June, of EUR50 million. Bank officials say the capital increase is part of more

07.07.2011

Romanian calcined alumina producer Alum Tulcea (BBGA.RO) increased its share capital by 18.96 million lei (EUR4.5 million) to RON488.4 million through cash injection from the mother company, Alum said more

07.07.2011

The five largest equity funds have lost 300 investors since the beginning of the year and recorded net withdrawals of around 15 million lei (EUR 3.59 million), although the overall trend of the stock more