04.29.2016

Five asset management companies, four of which held by banks, account for 95% of the mutual fund market which stood at 22.8 billion lei (EUR5.1 billion) at the end of March. The remaining 16 managers more

04.27.2016

Alpha Bank, the largest Greek-held lender in the Romanian banking system, could increase its share capital by RON479 million tops, starting March 31, 2016, during a five-year period. more

04.04.2016

Cosmetics retailers have a 27.6% market share in Romania, while the market share of the top three cosmetics retailers by sales stands at 17%; thus Romania is outranked by Hungary, Poland and the Czech more

01.25.2016

Romanian investment fund Fondul Proprietatea (FP.RO) on Monday decided to suspend a public offer for the purchase of its own shares within its sixth share repurchase program, citing "recent major more

12.08.2015

Bill and Melinda Gates Foundation, the largest private foundation in the world with its $43 billion assets, is a shareholder of Fondul Proprietatea (FP.RO). more

11.24.2015

Insurance company Euroins will increase its share capital by up to RON400 million, according to its financial recovery plan approved by Romania’s Financial Supervisory Authority (ASF). more

11.18.2015

Higher sales and profit margins have driven the shares of the aeronautics industry companies up after several years of staying low. more

11.03.2015

Shareholders of Romanian plastic systems maker Teraplast Bistrita (TRP.RO) will make a decision early December as regards increasing the company’s share capital by incorporating reserves of RON8.87 more

10.13.2015

Significant shareholders of Banca Transilvania (TLV.RO), such as regional investment fund SIF Moldova (SIF2.RO), Roberto Marco Marzanati, Radu Palagheanu and Horia Ciorcila, the bank chairman, have more

10.08.2015

Romanian brand “Bun, din România!“, launched in 2014 by supermarket chain Billa, part of German retail group REWE, may post total sales of EUR15 to EUR20 million over the next two years, more

09.21.2015

Carpatica Asig, controlled by businessman Ilie Carabulea and currently under financial recovery, on Monday said it increased its share capital by RON2.5 million, to RON24.3 million, through more

09.07.2015

The ranking of the top ten banks, which account for almost 80% of the assets of the entire banking system, did not see any new entry in the past six years, but market shares and positions did change. more

09.07.2015

Traditional retail lost the battle with the international retail chains that claimed 16% of the market share of the small traditional retailers in 2008-2015. more

09.01.2015

Insurer Gothaer Asigurari Reasigurari, part of German group Gothaer, increased its share capital by 17.4 million lei (nearly EUR4 million) in July, according to Trade Registry’s data. more

08.24.2015

Sugar processor Agrana Romania (BETA.RO), owned by Austria’s group Agrana Zucker, will increase its share capital by 72.2 million lei by issuing 722.7 million new shares in exchange of cash inflow more

07.29.2015

Greek toy retailer Jumbo posted sales of 80 million lei (nearly EUR18 million) of a the total local toy market estimated at RON880 million, accounting for a 10% market share acquired in only two years more

07.23.2015

Shareholders of insurer Astra Asigurari, under special administration, have only subscribed 0.011% of the shares available in the EUR425 million share capital increase, while institutional investors more

06.19.2015

Banca Comerciala Carpatica (BCC) will cut its share capital by RON204.49 million to RON110.13 million to cover losses, and will subsequently hike its share capital by RON110.1 million by issuing new more

06.02.2015

Insurer Astra Asigurari, under special administration, has put up for sale 160 million shares at a face value of RON2.66 each, in a move to hike the insurer's share capital, which was imposed by the more

05.22.2015

US investment manager Invesco, one of the top 20 in the world in its line of business, bought one million shares in natural gas producer Romgaz (SNG.RO) in March. The purchase marked its return to the more

05.15.2015

The first shareholder structure of Fondul Proprietatea (FP.RO) after its listing on the London Stock Exchange revealed that 22% in it has already been packaged into global depository receipts, which more

04.30.2015

Shareholders of Banca Transilvania (TLV.RO) approved Wednesday the bank’s share capital increase by RON417.38 million (EUR94.7 million) to RON3.03 billion, from the current RON2.608 billion. more

04.23.2015

The top ten players on Romania’s leasing market, most of them owned by banking groups, in 2014 held an overall market share of 83%, compared with 55% eight years ago, according to data provided by more

04.07.2015

Libra Internet Bank increased its share capital by RON5 million, to RON193.1 million from RON188.1 million, through the contribution of its shareholder, Cyprus-based private equity fund Broadhurst more

04.06.2015

Pharmaceutical producer Gedeon Richter Romania on Monday said it plans to increase its share capital by RON10 million (nearly EUR2.3 million), through shareholder cash contributions by issuing new more