01.08.2016

Almost one third of the 450 insurance brokers operating in Romania will have to close up shop this year due the stricter capital requirements of the Financial Supervisory Authority, according to more

12.08.2015

Romania's financial regulator ASF said Tuesday that 10% of insurance brokers don’t meet minimum capital requirements, which will become mandatory at the end of December. more

12.04.2015

Czech-held utilities group CEZ operated the highest capital increase in October, injecting about EUR130 million into CEZ Distributie, the heart of the group in Romania, which serves 1.4 million more

11.24.2015

Insurance company Euroins will increase its share capital by up to RON400 million, according to its financial recovery plan approved by Romania’s Financial Supervisory Authority (ASF). more

11.12.2015

Kaufland Romania, the leader of the local retail sector, will send 110 million lei (EUR25 million) back to its parent company in Germany, according to an announcement in the Official Gazette. more

11.05.2015

Banks, insurers and all the other companies on the local financial market got more than 3 billion lei (EUR681 million) capital injections in the first nine months of the year, with most of the money more

11.03.2015

Shareholders of Romanian plastic systems maker Teraplast Bistrita (TRP.RO) will make a decision early December as regards increasing the company’s share capital by incorporating reserves of RON8.87 more

10.07.2015

BCR Leasing, a top ten company on the financial leasing market, will vote in stockholders’ meeting November 4 on whether to reduce the company’s share capital through diminishing the face value of more

10.05.2015

South-African investment fund New Europe Property Investments (NEPI) has raised EUR130 million from shareholders, double than EUR65 million initially planned for the share capital hike, and part of more

10.05.2015

Dutch investment fund Palmer Capital Emerging Europe Equity, former MEI Roemenie&Bulgarije Fonds, sold 50,000 shares in construction materials manufacturer Prebet Aiud (PREB.RO) on the Bucharest Stock more

09.21.2015

Carpatica Asig, controlled by businessman Ilie Carabulea and currently under financial recovery, on Monday said it increased its share capital by RON2.5 million, to RON24.3 million, through more

09.10.2015

Polish investment fund Innova Capital resumed the listing of bottled water wholesaler La Fantana, which it controls, on the Bucharest bourse, according to market sources. Early July, Innova had put on more

09.04.2015

Sporting goods retailer Intersport received in July a capital inflow of 8 million lei (EUR1.8 million) from its Greek parent company Fourlis Grup, which will be further used as a working capital. more

09.04.2015

Swedish investment funds East Capital, some of the largest foreign investors on the Bucharest Stock Exchange, transformed the shares owned in Romanian investment fund Fondul Proprietatea (FP.RO) into more

09.01.2015

Insurer Gothaer Asigurari Reasigurari, part of German group Gothaer, increased its share capital by 17.4 million lei (nearly EUR4 million) in July, according to Trade Registry’s data. more

08.31.2015

Polish investment fund En¬ter¬prise Investors mulls buying a stake in Romanian toys manufacturer and retailer Noriel from investment fund Axxess Capital, according to market sources. more

08.26.2015

Austria’s Vienna Insurance Group (VIG) constantly optimizes costs and processes at the three insurers – Omniasig, Asirom and BCR Viata, it owns in Romania, which makes the group’s chief more

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