07.02.2025

The mix of administrative spending cuts and tax hikes starts with tax hikes. As of August 1, the standard VAT goes up from 19% to 21%, the food VAT from 9% to 11% and the power VAT from 5% to 11%, more

06.05.2024

Transelectrica has announced at the bourse the new tariff for system services that will apply for all end clients starting June 1 for electricity extracted from the company’s networks. more

12.06.2023

The group of IT companies Bittnet Systems has informed the local capital market about the successful closing of a private placement offer for new shares in order to increase the capital of Fort SA, a more

08.24.2022

Romanian aircraft parts maker Romaero (RORX.RO), a strategic company for Romania’s aerospace and defense industry, wants to sell part of owned real estate assets and hike its capital by a maximum of more

04.29.2022

After this year’s listing of ROCA Industry, a holding comprising building materials producers part of ROCA Investments portfolio, the investment platform belonging to Impetum Group plans to more

06.15.2021

Romanian cybersecurity company SafeTech Innovations (SAFE.RO) seeks to raise RON8 million from stock market investors through a share capital increase. more

04.28.2021

Shareholders of Banca Transilvania (TLV.RO), the biggest lender in Romania by assets, approved Wednesday a share capital hike of RON573.7 million from the lender's 2020 net profit and granting one more

04.27.2021

Real estate investment trust Star Residence Invest (REIT.RO) has summoned shareholders for a meeting on May 31-June 2 to approve a share capital increase by RON19.2 million to fund its further more

04.16.2021

Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim and Borzesti platforms, has admitted for its share capital increase four investors who were able to provide issuance premiums more

04.01.2021

OTP Bank Romania, the local subsidiary of the largest banking group in Hungary, has increased its share capital by RON250 million, to over RON2 billion, part of the bank's organic development more

03.23.2021

Bittnet (BNET.RO), a group of IT companies, listed on the Main Market of the Bucharest Stock Exchange, seeks to raise its share capital by nearly RON17 million and distribute free shares. more

03.22.2021

Organic fertilizer producer Norofert (NRF.RO) seeks to raise its share capital by a maximum of RON3.4 million by issuing and distributing free shares from its 2020 profit. more

03.19.2021

MAM Bricolaj (MAM.RO), a supplier of materials and furniture accessories, held by the Gavan family, seeks to offer four free shares for each share owned to raise its share capital by RON677,200 from more

03.12.2021

Online retailer and manufacturer of mobile phones and gadgets iHunt Ploiesti (HUNT.RO) seeks to raise its share capital by RON5.6 million by offering free shares from its 2020 profit. more

02.15.2021

Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim and Borzesti platforms, said Monday just 0.2% of new shares issued for a share capital increase were subscribed in the more

11.25.2020

Shareholders of organic fertilizer producer Norofert (NRF.RO) on Wednesday approved the company's stock option plan and a share capital hike by a cash contribution of RON220,000 and issuing new more

08.26.2020

The Romanian government's proposed 14% pension increase from September would reduce the challenge of consolidating public finances compared with the previously budgeted 40% increase, Fitch Ratings more

08.14.2020

Romania's liberal government plans to raise pensions by 14% this year through a budget revision decree it will debate Friday, prime minister Ludovic Orban said. more

06.18.2020

Agroland Business Systems, a company developed by entrepreneur Horia Cardos, which owns a chain of supermarkets catering to farmers, is considering raising its share capital via private placement and more

11.26.2019

Romania's government is considering raising the minimum wage by up to 7.2% in 2020, to RON2,230 from the current RON2,080, deputy prime minister Raluca Turcan said Tuesday. more

10.29.2019

The European Commission on Tuesday approved Romania's plans to inject EUR200 million (RON940 million) of capital in fully state-owned CEC Bank, finding the procedure to be free of any state aid. more

10.24.2019

Teraplast Bistrita (TRP.RO), a leading Romanian producer of construction materials, has increased its share capital by Ron26.7 million, to RON133.7 million, the company said in a statement on the more

09.30.2019

The board of Banca Transilvania (TLV.RO), the largest lender in Romania by assets, has approved a share capital raise by RON172,665, to a total of RON5.216 billion, by issuing 172,665 new shares, at more

09.17.2019

Romanian state-owned energy utility group Electrica (EL.RO) said Tuesday it has appointed BRD - Groupe Societe Generale as intermediary of its RON18 million share capital increase approved by more

08.19.2019

DB Global Technology, Deutsche Bank's tech center in Bucharest, is raising its share capital by EUR14.6 million to fund the further development of the business locally. more