05.01.2013

Two investment funds called to account the majority shareholder of drugmaker Zentiva, Sanofi, for the loans it took from the former at a ROBOR-0.15% interest. This is the first case made public that more

04.24.2013

The shareholders of Romanian regional investment fund SIF Crisana-Banat (SIF1.RO) decided not to pay out dividends from the profit registered last year and keep the money for investments. more

04.20.2013

The shareholders of Romanian regional investment fund SIF Transilvania (SIF3.RO) Saturday approved the change of the fund’s managing structure from single to dual board, which should include a Board 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

11.06.2012

The Managing Board of Romanian oil storage and shipment firm Oil Terminal (OIL.RO) on Tuesday convened a meeting of shareholders to vote on the dismissal of board members Anca Elena Marica and Mara more

10.11.2012

The shareholders of Romania’s monetary and commodities exchange Sibex will meet on November 19 to elect four members of the Managing Board. more

09.27.2012

Eximbank’s general meeting of shareholders is to discuss the appointment of a new top management team during its meeting on Thursday at noon. The nominees backed by the Finance Ministry, the more

08.24.2012

Swiss grain trader Ameropa Holding is set to pay 40.8 million lei (EUR9.09 million) for the stakes held by minority shareholders in Romanian fertilizer producer Azomures (AZO.RO), before delisting more

08.13.2012

Banca Romaneasca will take over 93.57% of the stock of NBG Leasing, replacing National Bank of Greece as majority stakeholder, following a successive reduction and increase of capital to 15.56 million more

08.09.2012

Romanian businessman Adrian Andrici bought Wednesday a 0.76% stake in the share capital of Romanian realty developer Impact Developer&Contractor (IMP.RO), for a total of 181,000 lei (EUR40,000), more

04.02.2012

The Bucharest Stock Exchange grew by almost 24% in the first quarter, if looking at its main index, BET, due to improvement in companies’ performance and a rebound in international markets. more

02.29.2012

Romanian investment fund Fondul Proprietatea (FP.RO) Wednesday called a shareholder meeting for April 4, to hold debates on a proposition to sell assets and distribute the cash to shareholders, while more

02.28.2012

Romanian securities regulator CNVM will be the only authority enabled to decide whether shareholders at the five regional investment funds, or SIFs, are acting in concert and hold more than the more

01.11.2012

New York-based hedge fund Elliott Associates L.P., a unit of Elliott Management Corp, together with sister company Beresford, own an aggregate 12.91% in Romanian investment fund Fondul Proprietatea more

01.06.2012

The Finance Ministry transferred a total 1.48% in investment fun Fondul Proprietatea (FP.RO) in December, which leaves it with a 0.02% stake to be granted as compensation. more

12.08.2011

The progress of Banca Comerciala Carpatica (BCC.RO), controlled by Sibiu-based businessman Ilie Carabulea, will depend over the next year on how much the lender will consolidate by attracting a more

12.07.2011

The Finance Ministry transferred in November a total 1.74% stake in investment fund Fondul Proprietatea (FP.RO), as compensation, which narrowed the ministry's stake in the fund to 4.19%. more

11.24.2011

The shareholders of regional investment fund Fondul Proprietatea (FP.RO) Wednesday eliminated the voting restrictions in place up to now, in the last step towards large private investors taking over more

11.07.2011

The Finance Ministry transferred a total 1.65% in investment fund Fondul Proprietatea (FP.RO) in October, as compensation, which narrowed the state’s stake in the fund to 5.93%, while private equity more

10.31.2011

Lender Volksbank International has transferred control of Volksbank Romania to a special vehicle, VBI Beteiligungs GmbH, with an identical shareholding structure, where Osterreichische more

10.24.2011

American company Franklin Templeton, manager of the EUR3.6 billion assets of regional investment fund Fondul Proprietatea (FP.RO), is asking shareholders to allow it to decide on its own on selling more

10.19.2011

The European Bank for Reconstruction and Development recently bought a minority stake, for EUR3 million, in Bulgarian firm CallPoint New Europe, which has call center operations in Romania as well. more

10.07.2011

Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 45.13% in September, from 43.04% a month earlier, the fund said in a statement Friday. more

09.30.2011

The managing board of regional investment fund SIF Banat-Crisana (SIF1.RO) called a shareholder meeting for November 3, to discuss options for the stake held in lender BCR, at the beckoning of more

09.22.2011

The shareholders of Romanian regional investment fund SIF Muntenia (SIF4.RO) allowed the managing board to decide whether to sell or keep the BCR stake, Thursday said Petre Szel, president of SIF more