04.29.2024

The European Commission has approved, under EU State aid rules, Romania's plans to grant its state-owned flag carrier TAROM restructuring aid of up to EUR95.3 million (RON473.69 million). The measure more

04.25.2024

Real estate developer One United Properties (ONE.RO) has notified the stock market about the decision of its shareholders to approve a corporate bond program of up to EUR300 million to streamline more

04.01.2024

Raiffeisen Bank, one of the largest banks in Romania, on Monday evening announced Romania’s central bank had approved the proposal voted by the Raiffeisen shareholders for the new Supervisory Board more

03.20.2024

Lucian Anghel, who ran Banca Romaneasca between January 2020 and December 2022 has received approval from Romania’s central bank to become deputy chief executive officer of Libra Internet Bank, more

03.06.2024

Romanian state-run natural gas producer and supplier Romgaz (SNG.RO) announced in a stock market on Wednesday (March 6) that it summoned the ordinary general meeting of shareholders on April 11, 2024 more

12.27.2023

Evergent Investments (EVER.RO), an alternative investment fund with a capitalization of RON1.2 billion, will conduct a share buyback program of 10 million shares at a price of RON1.45/each or a total more

12.22.2023

The shareholders of private medical service provider MedLife (M.RO) on Friday approved during an Extraordinary General Meeting the authorization of the company’s Board of Directors to negotiate with more

12.08.2023

The Financial Supervisory Authority has approved the share capital increase prospectus of Roca Industry Holdingrock1 (ROC1.RO), a holding company which owns stake in several DIY and construction more

11.13.2023

Roca Industry HoldingRock1 (ROC1.RO), a holding company in the construction material industry, on Monday evening announced its Board of Directors approved a RON150 million capital increase. more

10.30.2023

The Competition Council approved Carrefour’s acquisition of retailer Cora’s operations in Romania. The deal should therefore be completed in the next few weeks, Carrefour officials announced. more

10.27.2023

Port operator Socep Constanta (SOCP.RO) has approved a loan it will take out from BRD- Groupe Société Générale (BRD.RO) to continue the investment in building a grain terminal, i.e., to complete more

10.24.2023

Fondul Proprietatea (FP.RO) has received approval from the Financial Supervisory Authority (ASF) for a new buy-back program of up 12% of its share capital, the Fund’s manager, Franklin Templeton more

09.12.2023

OMV Petrom (SNP.RO) shareholders starting with Austria’s OMV, which owns 51% in the company, on September 12 approved distribution of RON2.8 billion special dividends or RON0.045/share. more

09.04.2023

The Financial Supervisory Authority (ASF) has licensed the first digital crowdfunding platform in Romania, which real estate developers can use to secure funding from investors for up to 60 months. more

08.29.2023

The shareholders of port operator Comvex Constanta (CMVX.RO) decided in the August 28-29 meeting the distribution of RON150 million dividends, the company said in a report to the Bucharest Stock more

06.23.2023

The European Commission has approved the acquisition of Enel Romania by Greece's Public Power Corporation, which was last year's largest transaction on the Romanian market, worth EUR1.9 billion. more

05.03.2023

Romania’s Financial Supervisory Authority (ASF) on Wednesday May 3, 2023, approved the initial public offering prospectus of Agricover Holding for an offering of up to RON416 million, running from more

04.26.2023

Romania’s largest oil company OMV Petrom (SNP.RO) on Wednesday secured approval from its shareholders to distribute RON2.3 billion from the RON10 billion net profit of 2022 as dividends. The gross more

04.26.2023

Rompetrol Well Services (PTR.RO) notified the Bucharest Stock Exchange on Wednesday evening that its shareholders, starting with Kazakhstan’s KMG International, which owns 73% in it, approved the more

04.26.2023

Natural gas producer and supplier Romgaz (SNG.RO) has notified the capital market of the decision made by its General Meeting of Shareholders on April 26 to distribute the 2022 profit. more

03.24.2023

Romania’s Competition Council on Friday announced it had given the greenlight for the acquisition by MedLife of Centrul de Diagnostic si Tratament Provita. more

03.02.2023

Francois Coste, the chief executive officer of Groupama Asigurari, which became the insurance market leader in Romania shortly after former leader City Insurance went bankrupt, has received approval more

02.27.2023

IT group Bittnet (BNET.RO) has notified investors about having received the financial instruments registration certificate and the Financial Supervisory Authority’s decision to approve the more

02.08.2023

Romania’s Financial Supervisory Authority (ASF) has approved the acquisition plan of European Bank for Reconstruction and Development (EBRD), which will get an indirect qualifying holding in more

01.31.2023

The European Commission has approved, under EU State aid rules, a EUR1.6 billion Romanian measure to set up the Romanian Investment and Development Bank. more