21 feb 2013

The four plants formerly controlled by Russia’s Mechel in Romania, which last year had a turnover of half a billion euros, have ended up in the hands of a small firm registered in Bucharest, Invest more

15 feb 2013

The management of pharmaceuticals wholesaler Farmaceutica Remedia Deva (RMAH.RO) controlled by businessman Valentin Norbert Tarus, expects pressure on profitability margins to continue in the coming more

23 ian 2013

Some of the regional investment funds (SIFs) have reduced their assets by almost 30% in the last three years, selling part of their portfolios and mainly their bank stakes. They did it in response to more

17 ian 2013

The shares of Romanian oil-company OMV Petrom (SNP.RO) have returned to the spotlight after several major transactions have been sealed, in which significant stakes were transferred as cash started to more

6 ian 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

4 dec 2012

The statistics of the Bucharest Stock Exchange reveal investors go on the same buying spree as the supermarket customers in winter months. December, January and February are the months that have more

21 nov 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

19 sep 2012

The dramatic situation that Romania’s largest chemical plant, Oltchim Ramnicu Valcea (OLT.RO) is the direct responsibility of the 33 members of the Board of Directors who have alternated at helm of more

3 sep 2012

The shares of four of the five regional investment companies SIFs and of Banca Transilvania (TLV.RO) in August brought investors gains ranging between 9% and 13% although the month was one of the more

28 aug 2012

The shares that saw the highest dividend payment rate in the last few years are among the few to have increased in the past four years and stood out from the rest, which posted negative yields with more

17 aug 2012

Around 20 companies out of the 75 listed on the regulated market of the Bucharest Stock Exchange stood out through the growth they recorded in the first half of the year in terms of profit and more

3 aug 2012

Entrepreneur Octavian Badescu, who at 36 owns several businesses and has a portfolio of several hundred thousand euros on the Romanian and US stock exchanges, says Romanians tend to avoid thinking more

25 iul 2012

Most analysts on the capital market believe the serious depreciation of the leu against the main currencies over the last few months will generally have a negative impact on the companies’ results more

9 iul 2012

Foreign institutional investors did not stop buying into Fondul Proprietatea (FP.RO) after Hidroelectrica, in which it holds a stake, went insolvent. They went past 50% in the largest investment fund more

26 iun 2012

The management of TenarisSilcotub, the second largest company in Romania’s steel industry after ArcelorMittal Galati, says it is working at capacity because of the high demand in the energy sector more

25 iun 2012

The management of the largest plant in Romania, ArcelorMittal Galati, whose annual revenue stands at about EUR1 billion, said it needs to make steady efforts to sell less than half of the production more

20 iun 2012

Italian manufacturer of oil and gas industry equipment Walter Tosto plans to reach EUR60 million in revenue in Romania next year through Fecne Nuclear Component Bucuresti (formerly known as IMGB). more

11 iun 2012

Artego Targu-Jiu (ARTE.RO), an employee-controlled conveyor belt maker, did what Transgaz or Transelectrica could not, that is make profit for stock market investors. Its shares have risen 173% since more

4 mai 2012

Oltchim Ramnicu Valcea (OLT.RO), the largest chemical plant in Romania, posted losses of 82.8 million lei (around EUR19 million), which means that for every day its privatization is delayed, the more

19 apr 2012

The winner of the Cupru Min privatization auction, Roman Copper Corp, has hired one of Romania’s top law firms, NNDKP, run by Ion Nestor, in a desperate attempt to resume talks about the takeover of more

17 apr 2012

Gheorghe Iaciu, known as the owner of the Doraly shopping complex (he actually owns 50% and a fund of UK’s HSBC the other 50%) near Bucharest, has nearly become the largest shareholder of regional more

11 apr 2012

Maria Gherghe buys all the copper from Cupru Min via Ronefer SRL Voluntari and sells it to China. She used to be an employee of the Metallurgy Ministry and then of Conef, the company that controlled more

9 apr 2012

The most important privatization of the past few years, that of copper producer Cupru Min, which exploits 60% of Romania’s national copper reserves, has failed, leaving only unanswered questions more

28 mar 2012

For the past couple of days the Romanian business world has been asking who is behind a small Canadian company, with $4 million in turnover, which says it will pay EUR200 million for Cupru Min. more

27 mar 2012

Canada-registered Roman Copper Corp, a company about which there is no data available, won the auction for Cupru Min, which holds 60% of Romania’s copper reserves. The Canadian company bid EUR200.8 more