03.06.2014

The banking market is coping with declines, and even the largest players are unable to find ways to grow. However, not less than 20 banks are still operating with market shares of below 1%. Some more

02.28.2014

The management of Romanian regional investment fund SIF Transilvania (SIF3.RO) proposes that last year’s profit of 189.6 million (EUR43 million), should be used to double share capital, to more

02.26.2014

Insurer Euroins Romania will increase its share capital by 100 million lei (EUR22.1 million), to RON238.5 million, by shareholders’ cash contributions, following a decision of the company’s more

02.24.2014

Romanian investment fund Fondul Proprietatea (FP.RO) Monday said it has received regulatory approvals to lower its share capital by 240.3 million lei (EUR53.3 million) to approximately RON13.54 more

02.24.2014

Lending market shrank by almost 5% in 2013, but Banca Transilvania (TLV.RO), UniCredit, Raiffeisen and ING continued to boost portfolios, while the leaders of the banking system, BCR and BRD (BRD.RO), more

01.16.2014

Polish financial group Getin Holding has increased the share capital of its Romanian subsidiary Romanian International Bank (RIB) by 22.76 million lei (EUR5.1 million) to RON77.99 million. more

01.15.2014

GlaxoSmithKline’s Romanian subsidiary hiked in December its share capital by 298.2million lei (EUR66.8 million), according to the Trade Registry data. more

01.07.2014

Shareholders of Romanian insurer Asirom will discuss at the end of January the increase of the company’s share capital by RON80 million (EUR17.8 million), following a RON58.5 million capital more

01.01.2014

2013 has been the best of the past six years for the Romanian stock exchange and most brokers are optimistic about 2014, if economic growth continues and political stability is maintained, and they more

12.31.2013

Shareholders of insurer Asirom decided on December 10 to raise the company’s share capital by RON58.5 million (EUR13 million), to RON216.4 million, by cash contributions. more

12.19.2013

Romanian investment fund Fondul Proprietatea (FP.RO) on Thursday said it has completed a second share repurchase program under which it bought back 8.2% of its paid share capital in exchange for 962.8 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

11.26.2013

French-held retailer Auchan, which has 31 hypermarkets in Romania, has increased its share capital by nearly EUR180 million since the beginning of 2013. more

11.19.2013

Online retailer eMag, the biggest online retailer of IT&C products on the Romanian market, has reached a 50% market share in neighboring Bulgaria on year after launch and expects to become market more

10.17.2013

Chevron Romania Exploration & Production Bucuresti on Thursday said it has increased its share capital by 112 million lei (EUR25.1 million) to RON395.6 million, via cash contribution from its sole more

09.18.2013

Insurer Euroins Romania wants to increase its share capital by 20 million lei (EUR4.4 million) to RON123.5 million, through its shareholders’ cash inflow. more

08.02.2013

GDF Suez Energy Romania, a unit of French-Belgian utility GDF Suez, increased by 150 million lei (EUR34 million) to RON154 million the share capital of Buzau-based wind farm developer Alizeu Eolian, more

07.19.2013

Titan Machinery Romania, the local division of the largest supplier of agricultural equipment in the United States, targets a share of 8%-9% this year on the local construction equipment market. more

07.17.2013

The subscribed share capital of insurers in Romania fell 26.1% in 2012 to 2.98 billion lei (EUR670.1 million), according to an annual report by the country’s Financial Supervisory Authority, or ASF. more

06.12.2013

Romanian state-owned lender CEC Bank is interested in taking over credit portfolios sold by other institutions as the market share is important for a bank. 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

05.29.2013

Romania’s government will ask the European Commission to approve the conversion into shares of the state budget debts registered by postal operator Posta Romana, and the company’s 107 million lei more

05.22.2013

The managing board of Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) has proposed the company’s shareholders to increase Antibiotice’s share capital by 20.66 million lei (EUR4.75 million), more

05.15.2013

The main goal of Omer Tetik, announced as the new chief executive officer of Banca Transilvania on Tuesday, will be to boost the market share to over 10% from the current 8%. more

03.19.2013

Bucharest Stock Exchange (BVB.RO) shareholders will meet on April 24 for talks on reducing the share capital by 10% to 69.06 million lei (EUR15.6 million) from RON76.74 million, by lowering the face more