08.27.2012

Romania brokerage company BT Securities, part of financial group Banca Transilvania, Monday said it cut its share capital by 3.9 million lei (EUR874,439), to RON12.4 million, to cover losses reported more

08.21.2012

Romania’s political turmoil will appease only on short-term after the the Consitutional Court's decided to invalidate the President Traian Basescu's impeachment vote, said analysts, who are more more

08.20.2012

Romanian river navigation company Navrom Galati (COVG.RO) aims to hike its share capital by 14.97 million lei (EUR3.3 million), to RON44.93 million, through stockholders’ cash inflow. more

08.16.2012

The share capital of Romanian insurers dropped 3.4% in 2011, to 4.04 billion lei (EUR952.8 million), according to the annual report release Thursday by the insurance regulator CSA. more

08.13.2012

Banca Romaneasca will take over 93.57% of the stock of NBG Leasing, replacing National Bank of Greece as majority stakeholder, following a successive reduction and increase of capital to 15.56 million more

08.09.2012

Romania’s chemical producer Oltchim Ramnicu Valcea (OLT.RO) may hike its share capital by 2.059 billion lei (EUR4.5 million) utmost, to RON2.093 billion, through the conversion into shares of the more

08.02.2012

Brokerage firm Swiss Capital run by Bogdan Juravle brokered 494 million (EUR108 million) worth of stock transactions in July, 46% of the total transactions on the stock market last month. more

07.30.2012

The apparent survival of Romania’s suspended president Traian Basescu in Sunday’s referendum could throw the country deeper into political turmoil, most likely pushing the leu to new record lows more

07.23.2012

Horia Manda, managing director of Axxess Capital, the company that manages the Romanian-American Enterprise Fund (RAEF), the Balkan Accession Fund (BAF) and the Emerging Europe Accession Fund, said he more

07.19.2012

The shareholders of Romanian insurer BCR Asigurari de Viata have decided to increase the company's share capital by 11.04 million lei (EUR2.41 million), to RON32.97 million, through a cash more

07.18.2012

Romanian cable maker Romcab Targu-Mures (MCAB.RO) Wednesday approved a proposal to increase its share capital by 9.46 million lei (EUR2.1 million) to RON23.46 million by including past reserves, the more

07.16.2012

Over EUR2 billion left Romania in May, in a major wave of foreign capital withdrawals from the local market, which promptly reflected in a depreciation of the leu by 1.5% against the euro. more

07.09.2012

Persistent political uncertainty in Romania could endanger the country’s EUR5 billion loan agreement with the International Monetary Fund and the EU, but the eastern European nation would likely more

07.08.2012

The crisis in the euro zone is the biggest concern to Romania's economy at the moment, said William Jackson, analyst with Capital Economics, who pointed out that the local financial market has more

07.02.2012

Romanian cable maker Romcab Targu-Mures (MCAB.RO) plans to increase its share capital by 9.46 million lei (EUR2.1 million) to RON23.46 million by including past reserves, the company said in a call to more

06.25.2012

Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) wants to increase its share capital by 14.1 million lei (EUR3.15 million) to RON29.7 million, the company said in a call more

06.25.2012

Foreign banks and insurers have contributed more than EUR380 million to the capital of their local subsidiaries since the beginning of this year to offset the losses caused by the sales decline and more

06.12.2012

The shareholders of Romanian life insurance company BCR Asigurari de Viata will discuss in July the decision to increase the company’s share capital by 11.04 million lei (EUR2.47 million), to more

06.07.2012

The 100 largest companies on the Bucharest Stock Exchange were worth over EUR36 billion in July 2007 and accounted for 96% of the bourse’s overall capitalization, but five years later the value of more

05.31.2012

Swiss Capital continued to lead the Bucharest bourse’s brokers chart in May, with total deals worth 538.5 million lei (EUR120.6 million), stock exchange data showed Wednesday. more

05.24.2012

Romanian MKB Romexterra Leasing plans to reduce its share capital by 22.6 million lei (EUR5 million), from RON41.7 million to RON19.1 million, to cover the loss carried forward. more

05.23.2012

Romanian industrial electrodes maker Electrocarbon Slatina (ELNG.RO) wants to increase its share capital by 18 million lei (EUR4.03 million), from RON44.8 million to RON62.8 million, through a cash more

05.22.2012

Romanian subsidiaries of foreign insurance companies should rely more on their own efforts and less on potential capital inflows from shareholders who are highly unlikely to keep operating capital more

05.11.2012

The significant reduction in the exposure of eurozone parent banks to financial markets in the region, including Romania, and the higher volatility of capital flows in general, have become two of the more

05.02.2012

A moderate fiscal slippage in Romania following the government’s recent collapse is unlikely to create long-term difficulties, provided any new fiscal policies are credible and will not stray from more