01.14.2014

Azeri state-run oil company SOCAR Tuesday said it will increase the share capital of its Romanian unit SOCAR Petroleum by EUR35 million, following the acquisition of the remaining 10% in the unit from more

12.27.2013

Energy, wood processing industry and food retail are the economy sectors that got the highest capital inflows from foreign shareholders this year. The impact of the Auchan-Real deal and the green more

12.19.2013

The shareholders of banks, insurers and leasing companies this year injected EUR500 million into the capital of Romanian subsidiaries. more

12.17.2013

Life insurer BCR Asigurari de Viata wants to increase its share capital by 120.52 million lei (EUR27 million) to RON153.5 million, through cash contribution. more

12.06.2013

Romania’s government wants to increase prospecting, exploration and exploitation fees in the mining industry by up to 3.9% this year and expects to collect extra 600,000 lei (EUR134,600) from the more

11.28.2013

South-African investment fund NEPI (NEP.RO), one of the most active real estate investors in Romania, Thursday raised approximately EUR50 million through an accelerated book build process, which was more

11.07.2013

Romania will raise excise duties for next year by 4.77%, the average annual inflation rate calculated in September, and the Government expects the measure will reign in additional revenue of RON3.44 more

11.06.2013

Romanian power transformers producer Electroputere Craiova (EPT.RO) wants to increase its share capital by 81.1 million lei (EUR18.2 million), mainly by partially compensating for debts to its more

10.25.2013

Recent information alleging Romania’s social-liberal ruling coalition USL plans to increase the flat tax from the current 16% to 22%, in a move to boost state budget revenues, has caused quite a more

10.21.2013

Eximtur Cluj, one of the largest travel agencies in Romania, registered a turnover of 135 million lei (some EUR30 million) in the first nine months of 2013, up a mere 1% from the same period in 2012. more

10.07.2013

Romania’s chocolate market is expected to grow by 5% in volume in 2013, up to 31 million kilograms, following a continuous decline in consumption ever since 2008, according to a ZF analysis based on more

10.03.2013

Romanian chemical company Chimcomplex Borzesti (CHOB.RO) will increase its share capital by 33.12 million lei (EUR7.45 million) to RON162.3 million, according to a shareholder decision Thursday. more

10.01.2013

The Bucharest Stock Exchange’s blue chip index BET has increased by 18% since the beginning of the year and has recently topped the 6,000-point psychological threshold. The BET is close to touching more

09.26.2013

The five years of crisis led to an accelerated increase in utility prices, which places Romania again on the top spot in Europe in terms of price hikes, according to Eurostat data. more

09.09.2013

Bucharest’s insolvent World Trade Center (WTC) reported a 38% increase in operating revenues in July, to nearly EUR837,000, company officials said. more

09.03.2013

Romanian carmaker Automobile Dacia went from planned layoffs to a 20% increase in production in only seven months this year, as its sales in Europe rose more than 17% despite a 7% decline in the auto more

08.28.2013

Romanian chemical company Chimcomplex Borzesti (CHOB.RO) Wednesday proposed increasing its share capital by 33.12 million lei (EUR7.46 million) to RON162.3 million, the company said in a call to its more

07.08.2013

Romanian-German software solutions developer Berg Computers reported a turnover of EUR1.3 million in the first half of the year, up 10% from the same period in 2012. more

07.02.2013

Austrian Erste Group Bank AG (EBS.RO) has successfully concluded a EUR660.6 million accelerated bookbuild offering, the bank said in a statement Tuesday. more

06.30.2013

The gross minimum wage in Romania will increase from RON750 to RON800 a month, or RON4.74 an hour, as of July 1. more

06.27.2013

Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) will increase its share capital by 10.3 million lei (EUR2.3 million) to RON67.1 million, according to a shareholder decision Thursday. more

06.24.2013

Austria’s Erste Group Bank (EBS.RO) will increase its share capital by about EUR660 million to fully redeem participation capital of EUR1.76 billion, the lender said in a statement Monday. more

06.18.2013

Romanian generic drugs wholesaler Ropharma Brasov (RPH.RO) has approved a 21.8 million lei (EUR4.86 million) share capital increase to approximately RON50.95 million by capitalizing existing reserves, more

06.10.2013

Romanian state-owned lender CEC Bank has increased its share capital by 32.5 million lei (EUR7.14 million) to RON1.12 billion by capitalizing on its 2012 profits, the bank said in a statement Monday. more

06.06.2013

Romanian lender Libra Internet Bank plans to increase its share capital by 9 million lei (EUR2 million) to RON172 million, by issuing new shares. more