12.27.2011

Foreign realty investors contributed EUR120 million, in the first nine months of the year, to the share capitals of companies they own in Romania, compared to EUR395 million in the same interval of more

12.22.2011

ArcelorMittal Tubular Products Holding, the tubular products arm of the world’s largest steelmaker ArcelorMittal, will invest 370 million lei (EUR86 million) in the capital stock of its Romanian more

12.22.2011

Intesa Sanpaolo Bank Romania increased its share capital by 323 million lei (EUR75 million) to RON814.1 million, in a move to strengthen the bank’s position on the market, the bank said in a more

12.19.2011

Regional investment fund SIF Oltenia (SIF5.RO), the only SIF not to sell its BCR stake to Austrian Erste, contributed 37.1 million lei (EUR8.54 million) to a share capital increase at the Romanian more

12.16.2011

Volksbank will continue to operate on the Romanian market, and an interruption of activity is out of the question, Friday said the bank’s chief executive officer Johann Lurf, adding shareholders more

12.14.2011

The cumulated value of the 20 largest banking loans accessed by local companies this year exceeds EUR2.5 billion after banks were much more cautious with lending in 2010, reveals an analysis made by more

12.12.2011

The fact that state-owned Romanian lender CEC Bank is no longer allowed to increase its share capital from the profits of previous years is an error, Monday said the bank's president Radu Ghetea. more

12.12.2011

ATE Bank Romania Monday said it has increased its share capital by 84.47 million lei (around EUR20 million) to RON220.94 milion, via cash contribution from its majority holder, Greece’s ATE Bank. more

12.06.2011

Romanian home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) Tuesday proposed increasing its capital by 9.3 million lei (EUR2.13 million) to approximately RON15.5 million to finance more

12.05.2011

South-African realty investment fund New Europe Property Investments (NEP.RO) on Monday announced it has drawn EUR40 million from shareholders and investors within a share capital increase, and the more

11.18.2011

Romanian harbor operator Chimpex Constanta (CHEM.RO) has increased its share capital by 5.53 million lei (EUR1.27 million) to RON27.75 million, the company said in a statement Friday. more

11.16.2011

South-African investment fund New Europe Property Investments, or NEPI, associated with Benevo Capital and CD Capital in view of developing the Victoria City Center in northern Bucharest. more

11.14.2011

Shareholders of Romanian lender BCR on Monday approved a share capital increase of up to 644 million lei (EUR148.2 million), to RON1.7 billion, and rejected a proposition to float the bank’s stocks, more

11.11.2011

The capital of Romania's National SME Loan Guarantee Fund will be raised by 250 million lei (EUR57.5 million) in 2012, according to Prime Minister Emil Boc. more

11.11.2011

Romanian home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) increased its capital by 3.33 million lei (EUR0.76 million) to RON6.19 million, the company said in a statement Friday. more

11.09.2011

The National Bank monitors banks’ liquidity and solvency and has so far noticed no net capital outflows, but does not rule out such moves occurring in the future. more

11.07.2011

Shareholders of Romanian lender Bancpost on Monday decided to increase the share capital by 92.6 million lei (EUR21.4 million) to RON1.185 billion, the bank said in a news release. more

11.04.2011

Romania’s Economy Ministry will call on investment fund Fondul Proprietatea (FP.RO) to contribute to a planned 79 million lei (EUR18.2 million) capital increase at state-run energy producer more

11.04.2011

Enel Trade Romania, owned entirely by Italian utilities group Enel, reduced its share capital by 53 million lei (some EUR12 million), to RON21.2 million, to cover loss registered in previous years. more

11.02.2011

The scenario under which foreign banks will reduce their exposure to Romania because of capital needs is already likely to become reality, not just a risk, and capital repatriations can be stopped by more

10.28.2011

Bucharest DIY store Leroy Merlin Bricolaj, owned by French group Adeo, has increased its share capital by 22.2 million lei (EUR5.15 million), to RON102.8 million, through cash contribution. more

10.28.2011

Construction materials maker Somaco Grup Prefabricate, owned by Oresa Ventures, has increased its share capital by 22.89 million lei (EUR5.3 million), to RON61.83 million, through the conversion of a more

10.27.2011

The risk of foreign banks starting to repatriate capital has alarmed the authorities so much that President Traian Basescu, the Finance Ministry and the National Bank (BNR) are talking in unison about more

10.27.2011

Romania is the fourth most vulnerable country if euro zone banks decide to cut their exposure, with debts to such lenders amounting to around 38% of GDP, according to an analysis of UK’s Barclays more

10.26.2011

Rosia Montana Gold Corporation (RMGC) on Wednesday said it will reduce its share capital by 252.7 million lei (EUR58.39 million), to RON359.8 million, from RON612.6 million, by diminishing the face more