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

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