08.24.2015

The majority shareholders of insurer Astra, The Nova Group Investments and Epsilon Estate Provider, controlled by businessman Dan Adamescu, want to inject the necessary RON425 million to the company more

08.24.2015

Sugar processor Agrana Romania (BETA.RO), owned by Austria’s group Agrana Zucker, will increase its share capital by 72.2 million lei by issuing 722.7 million new shares in exchange of cash inflow more

08.21.2015

Stockholders with insurers Euroins, Asirom, Carpatica and EximAsig are deemed to make a capital injection of 365 million lei (EUR82 million) by yearend, as a result of the Financial Supervisory more

08.20.2015

The European Bank for Reconstruction and Development, the largest foreign institutional investor in Romania, has invested EUR2.7 billion in the country in the last five years, continuing support for more

08.14.2015

US-held fast-food restaurant chain McDonald’s, which entered the Romanian market directly in 1995, has sold the local operations to Malta’s Premier Capital. Premier Capital holds the franchise of more

08.03.2015

Swiss Capital ranked first among the most active brokers on the Bucharest Stock Exchange in January to July, with transactions up 81% on the month in July alone. more

07.24.2015

Romanian lender Banca Transilvania (TLV.RO) has completed an increase in share capital by 417.38 million lei, from RON2.608 billion to RON3.03 billion, by issuing 417.38 million new shares distributed more

07.23.2015

Shareholders of insurer Astra Asigurari, under special administration, have only subscribed 0.011% of the shares available in the EUR425 million share capital increase, while institutional investors more

07.14.2015

For the first time ever Timisoara and Arad (western Romania) are connected by a highway to a European capital as of Saturday, but that capital is not Romania’s but Hungary’s. more

07.13.2015

A group of investors made up of brokerage company Swiss Capital, investment management company Swiss Capital Asset Management, Active Dinamic fund and natural person Sorin Apostol own a total stake of more

06.22.2015

Tension is mounting on the Romanian financial market, too, as Greek banks control 12% of the local banking assets, now that the crisis in Athens has reached that point where capital controls, more

06.19.2015

Banca Comerciala Carpatica (BCC) will cut its share capital by RON204.49 million to RON110.13 million to cover losses, and will subsequently hike its share capital by RON110.1 million by issuing new more

06.08.2015

The capital market can partly cover the funding gap, but there are several factors to be considered, Mircea Ursache, vice-president of Romania’s Financial Supervisory Authority (ASF), told ZF more

06.05.2015

Polish investment fund Innova Capital aims to list bottled water wholesaler La Fantana, which it controls, on the Bucharest bourse by early July, according to market sources. more

06.02.2015

Insurer Astra Asigurari, under special administration, has put up for sale 160 million shares at a face value of RON2.66 each, in a move to hike the insurer's share capital, which was imposed by the more

05.28.2015

Insurer Carpatica Asig, controlled by businessman Ilie Carabulea, currently under financial recovery, might need additional capital of EUR100 million to meet Solvency II requirements, according to more

05.27.2015

The Financial Supervisory Authority has approved the plan for a capital raise of nearly RON525 million for insurer Astra Asigurari, to RON682.7 million, as proposed by special administrator KPMG more

04.30.2015

Shareholders of Banca Transilvania (TLV.RO) approved Wednesday the bank’s share capital increase by RON417.38 million (EUR94.7 million) to RON3.03 billion, from the current RON2.608 billion. more

04.15.2015

The start of the year brought bad news for Electrica, Romania’s biggest energy distributor, which missed two acquisition opportunities that would have boosted its business and profit at one blow. more

04.07.2015

Libra Internet Bank increased its share capital by RON5 million, to RON193.1 million from RON188.1 million, through the contribution of its shareholder, Cyprus-based private equity fund Broadhurst more

04.06.2015

Pharmaceutical producer Gedeon Richter Romania on Monday said it plans to increase its share capital by RON10 million (nearly EUR2.3 million), through shareholder cash contributions by issuing new more

04.02.2015

The share capital of Romania’s companies increased by 34% in the past eight years, to almost 300 billion lei in 2014, a period during which the weight of foreign investments rose from 22% of the more

03.26.2015

Romanian lender Banca Comerciala Carpatica (BCC.RO) wants to resume talks with Nextebank on a potential merger and to reduce its losses by lowering its share capital by RON204.5 million. more

03.25.2015

Romanian lender Banca Transilvania (TLV.RO) plans to raise its share capital by 417.38 million lei (EUR94.7 million), by including part of its reserves, the bank said in a statement Wednesday. more

03.18.2015

Insurer Astra Asigurari's special administrator, KPMG Advisory, decided Wednesday to raise the company's share capital by RON424.9 million, to RON682.7 million, by shareholder cash contributions. more