Patria Bank Lists EUR8.19M Bonds on Bucharest Stock Exchange
12.15.2020
Lender Patria Bank (PBK.RO), 83.2% owned by investment fund EEAF Financial Services Amsterdam, listed corporate bonds totaling EUR8.19 million on the Bucharest Stock Exchange Tuesday, under the symbol PBK28E.
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Romgaz Makes RON190M Term Deposit With Exim Banca Romaneasca
07.18.2024
Natural gas producer and supplier Romgaz (SNG.RO) on Thursday notified the Bucharest Stock Exchange of having made a term deposit without... more
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Rompetrol Rafinare Completes Upgrade Of Delayed Coking Unit Of Petromidia Refinery
07.17.2024
Rompetrol Rafinare (RRC.RO), a KMG International Group (Rompetrol) member company, has recently finalized modernizing the Delayed Coking Unit (Cx)... more
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Farmaceutica Remedia Seeks To Raise Credit Facility From Banca Transilvania To RON100M
07.17.2024
Farmaceutica Remedia (RMAH.RO), one of the largest businesses in the local pharmaceutical market, is calling shareholders to vote on raising the... more
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EBRD Makes Minority Equity Investment In Arobs Transilvania Software
07.15.2024
The European Bank for Reconstruction and Development (EBRD), the largest institutional investor in Romania and one of the longest-standing Banca... more
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Hidroelectrica’s Chief Investment Officer Bogdan Badea Sells RON133,000 Worth Of Shares
07.15.2024
State-run electricity producer Hidroelectrica (H2O.RO) chief investment officer Bogdan Badea sold 1,032 Hidroelectrica shares for RON128.8, the... more
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Electrica Completes Acquisition Of New Trend Energy SRL
07.15.2024
Electrica (EL.RO), a company in which the Romanian government is the largest shareholder with 48.8%, on Monday notified the Bucharest Stock... more
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Sphera Franchise Group CFO Valentin Budes And Board Member Razvan Lefter Sell RON3.2M Worth Of Shares
07.12.2024
Sphera Franchise Group (SFG.RO), the operator of franchised KFC, Pizza Hut and Taco Bell restaurant chains in Romania and of the KFC restaurants in... more
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Law Firm Filip & Company Assists AROBS In Capital Increase Operation
07.12.2024
Law firm Filip & Company advised AROBS Transilvania Software, the largest technology company listed on the Bucharest Stock Exchange, in the share... more
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Turism Felix In Talks To Affiliate Three Of Its Hotels To International Chains
07.11.2024
Turism Felix (TUFE.RO, which manages five hotels in Baile Felix, Bihor County, has signed letters of intent to enter final negotiations with two... more
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Simtel Team Shares To Be Traded On Main Market Of Bucharest Stock Exchange
07.10.2024
Simtel Team (SMTL.RO), a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and a national... more
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Arobs Raises EUR29M Via Capital Increase
07.10.2024
Arobs Transilvania Software (AROBS.RO), the largest technology company listed on the Bucharest Stock Exchange has announced successful completion... more
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Dutch Majority Owner Of DN Agrar Sells 6.1% In It To Investors On Bucharest Stock Exchange
07.10.2024
Dutch-held A.M. Advies B.V. now owns 68% in DN Agrar (DN.RO), which manages the largest integrated livestock farm in Romania, following the sale of... more
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Argus Constanta Shareholders Approve Loans Of Up To RON120M For Working Capital
07.10.2024
Vegetable oil producer Argus Constanta (UARG.RO) on Wednesday announced the extraordinary general meeting of shareholders had approved taking out... more
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Transelectrica Calls Shareholders To Approve Buying Stake In New Company
07.10.2024
National grid company Transelectrica (TEL.RO) is calling shareholders for an extraordinary general meeting on August 12 to approve the acquisition... more
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Romgaz Modifies Contract With Engie From RON290M To RON233M Due To Drop In Gas Price
07.10.2024
State-run natural gas producer and supplier Romgaz (SNG.RO) has modified a gas sale-purchase contract with Engie Romania, the largest natural gas... more
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Partners Financial Services Becomes Largest Shareholder Of Transilvania Broker De Asigurari
07.08.2024
Czech-held company Partners Financial Services (PFS) is entering Romania by buying a 32.89% stake in Transilvania Broker de Asigurari (TBK.RO), one... more
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Bucharest Stock Exchange Unveils 50 Semi-Finalist Companies Of BVB Arena 2024 Program
07.08.2024
The BVB Arena Nominations Committee has selected 50 semi-finalists out of the 409 companies nominated on the platform www.bvbarena.ro. more
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Mutual Fund Assets Up 3.3% To RON44.6B In May 2024
07.08.2024
The net assets of the 248 open-end and closed-end mutual funds, both local and foreign, available in Romania, increased by 3.3% to RON44.6 billion... more
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Transilvania Broker De Asigurare Main Shareholders Sells 27.9% To Partners Financial Services
07.05.2024
Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokers in Romania, on Friday notified the Bucharest Stock Exchange that... more
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Private Pension Funds Sold RON100M Worth Of Banca Transilvania Shares In May
07.04.2024
Aripi, BCR Pensii, BRD Pensii and Metropolitan Life Pensii Private are the Pillar II private pension funds that sold about 3.4 million Banca... more
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
moreMore than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
moreRomania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
moreBucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
moreThe volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
moreThe assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
moreRomania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward
moreFiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting SavingsRomania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.