05.14.2013

Romanian generic drugs wholesaler Ropharma Braşov (RPH.RO) Tuesday proposed increasing its share capital by 21.8 million lei (EUR5 million) to approximately RON60 million by capitalizing existing more

04.16.2013

Unionists of Romanian carmaker Dacia and the management of the company Tuesday agreed to a 6% increase of the wage fund starting May 2013. more

04.15.2013

South-African investment fund New Europe Property Investment (NEP.RO) has closed its book build launched earlier Monday after raising 700 million South African rand (some EUR59 million), above the more

04.15.2013

South-African investment fund New Europe Property Investment (NEP.RO) Monday said it plans to raise about 500 million South African rand (some EUR42.5 million) through the issue of new shares. more

03.29.2013

Romanian insurer Groupama Asigurari has increased its share capital by 68.1 million lei (EUR15 million) to RON297.05 million, through shareholders’ cash contribution, following a decision in more

03.27.2013

Romanian lender Banca Transilvania (TLV.RO) plans to increase its share capital by 303.39 million lei (EUR60 million) to RON2.2 billion by capitalizing retained earnings from the previous year, the more

02.22.2013

Romania’s state-run power producer Hidroelectrica plans to increase its share capital by 12.49% and to launch an initial public offer of 10% of the resulting stock, according to a draft decision of more

02.15.2013

Romania’s average net wage reached 1,513 lei per month in 2012, four times as much as the ten years ago. But while the average net wage went up by 300% between 2002 and 2012, inflation rose by over more

02.11.2013

IKB Leasing Finance IFN will increase its share capital by 13.59 million lei (EUR3 million) to RON26.8 million, according to a decision approved by shareholders in December 2012. more

02.01.2013

Fortis Lease Romania IFN, member of BNP Paribas group, increased its share capital by 25 million lei (EUR5.54 million), by converting into shares part of the subordinated loan granted in 2009 by its more

01.30.2013

Romanian state-run energy holding Oltenia plans to increase its share capital by up to 27.3%, with 12% of the newly issued shares to be listed on the Bucharest Stock Exchange, according to a draft more

01.30.2013

Romania’s Economy Ministry plans to launch a public offering to double the share capital of state-run electricity supplier SC Electrica SA with a view to float the company on the Bucharest Stock more

01.30.2013

Romania’s Economy Ministry plans to launch a public offering to double the share capital of its energy holding CEn Hunedoara with a view to float the company on the Bucharest Stock Exchange, more

01.21.2013

The value of the pension point may increase by 4% in 2013, to 762.1 lei (EUR175) from the current RON732.8, according to a law draft on the budget of the state social insurance on 2013. more

01.09.2013

The Romanian Government is set to adopt Wednesday the ordinance stating local authorities may decide whether or not to increase local taxes, Prime Minister Victor Ponta said, adding local more

01.06.2013

The Bucharest Stock Exchange witnessed the most significant increase of the last two years in the past month, as quotes beat last spring’s highs. The BET index rose 15% to an eighteen month high. more

12.17.2012

Romanian regional investment fund SIF Oltenia (SIF5.RO) has decided not to contribute to a 501 million lei (EUR110 million) capital increase at lender Banca Comerciala Romana, or BCR, the fund said more

11.21.2012

New Europe Property Investments (NEPI.RO), a South African investment fund set up in 2007, managed to recently raise, in an offering addressed to its UK, South Africa and Romania shareholders, EUR110 more

11.12.2012

Garanti Bank Romania increased its share capital by EUR20 million through cash subscription from its mother-bank Turkiye Garanti Bankasi (TGB), the lender said in a statement Monday. more

10.25.2012

Low domestic production, unable to cover demand, as well as outdated farming technologies are the main cause of food price increases, Alexandru Vlad, vice-president of retail association AMRCR, said more

10.10.2012

Romania’s population increased by 1,835 people in August 2012, according to data released Wednesday by the National Statistics Institute (INS). more

10.02.2012

The Romanian Chamber of Deputies on Tuesday adopted with 225 to one vote and two abstentions an emergency ordinance restoring public wages to pre-austerity levels gradually. more

08.29.2012

Romanian mortgage lender BCR Banca pentru Locuinte (BCR BpL) Wednesday said its net profit more than tripled in the first half of 2012, to 10.8 million lei (EUR2.42 million), fueled by a 87% increase more

07.31.2012

Romania's largest oil company OMV Petrom (SNP.RO) on Tuesday raised pump prices for gasoline and diesel oil by 0.09 lei (EUR0.0197) per liter, the third increase in July. 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