10 nov 2011

Profit chain: Fuels become more expensive. OMV Petrom (SNP.RO) makes higher profit. Austrian-held OMV, which owns 51% in Petrom, makes even more money. The government gains something, too, through more

8 nov 2011

Four years after Austria’s OMV paid EUR328 million to Sorin Ovidiu Vantu to take over Petromservice, two questions remain unanswered: why did the Austrian company pay so much to take over the more

27 oct 2011

Eastern European countries need to encourage local banks, and where there aren’t any, they may have to build them from scratch, in order to have an alternative to the financing offered by foreign more

20 oct 2011

Over a third of stock exchange-listed companies have had average daily transactions of less than 5,000 lei (EUR1,150) per day in 2011, with ten of these companies unable to reach even the RON500 per more

16 oct 2011

Italian tire-maker Pirelli, which has a production unit in Slatina, southern Romania, says the tire market is not crisis-stricken as the car market and the premium tire segment, on which the company more

4 oct 2011

The privately managed mandatory pension funds (pillar II) experienced for the first time the anxiety of extensive stock market corrections, watching declines of over 20% in Bucharest, Warsaw, Athens more

30 sep 2011

The decision of Finnish group Nokia to shut down the plant in Jucu (Cluj County), where it was assembling EUR1.6 billion worth of cell phones a year, and to lay off about 2,200 employees came like a more

22 sep 2011

Only 12 of the 78 companies currently listed on the main market of the Bucharest Stock Exchange (BVB.RO) have attracted funding from the stock exchange through capital increases, whereas private more

16 sep 2011

Erste has finally persuaded four of the five regional investment funds (SIFs) to sell their stakes in BCR after more than one year of negotiations, but the Bucharest bourse loses one on the largest more

14 sep 2011

Erste could announce the offer for 30% in Romania’s largest lender BCR over the next few days. If the deal comes through, Romania will lose the unique opportunity of having its largest bank listed. more

12 sep 2011

The assets of Romanian investment funds reached EUR1.98 billion at the end of August, considering the money raised by the funds available through local managers, which are registered abroad, more

6 sep 2011

The most liquid shares on the Bucharest Stock Exchange have already cumulated losses of around 5% since the beginning of the month, amid the turmoil that has grabbed foreign markets once again. more

5 sep 2011

Once the Romanian state uses up the stake it has left in Fondul Proprietatea (FP.RO) on compensations, which is expected to happen by yearend, the influence of the Fund’s manager, U.S. group more

29 aug 2011

As the date agreed for the floatation of Banca Comerciala Romana (BCR), the largest domestic bank, is drawing near, the row among the regional investment funds (SIFs) is getting fiercer. more

22 aug 2011

On the Romanian bourse, both banks and companies in defensive industries have been hurt by the new wave of stock exchange declines. more

28 iul 2011

Privatized energy distributors have in the past few years become some of the richest companies in Romania, with their profit margins climbing to over 20%, compared with margins of under 5% in the case more

14 iul 2011

The level of subscription to OMV Petrom’s (SNP.RO) offering, i.e. the number of shares that investors are interested in buying and the prices they pay, is the best-guarded secret in Romania at the more

13 iul 2011

The government’s sale offering of Petrom shares, but so far there is no public information on the level of subscription, which will only be known when the offering closes on July 22. more

8 iul 2011

The government chose to sell the 9.84% in Petrom (SNP.RO) using a novel approach for the Romanian capital market: an auction starting from a maximum price of 0.46 lei (EUR0.11) per share without a more

4 iul 2011

Romania could set a maximum price to sell Petrom (SNP.RO) shares instead of a fixed price, and the end price could be set based on buy orders placed by investors, as was the case with Google’s more

28 iun 2011

The Court of Constanta ruled Monday that the capital increase turning a portion of the debts of Kazakh-held Rompetrol to the state into Rompetrol Rafinare-Petromidia shares was legal, sources close to more

28 iun 2011

Businessman Catalin Chelu has been the most dynamic investor on the bourse over the past year, being involved in some of the most important deals carried out on RASDAQ and on the main market of more

23 iun 2011

There might be at least 100 people in Romania who have millions of euros in their accounts, which they could use to buy shares at the government's sale of 9.84% in Petrom. ZF tried to find out whether more

22 iun 2011

The public offering whereby the Romanian government intends to sell a 9.84% stake in OMV Petrom (SNP.RO) will be conducted in July, according to the calendar set by the Economy Ministry with the more

20 iun 2011

Attila Verestoy, UDMR (Democratic Alliance of Hungarians in Romania) senator, one of the richest members of the Romanian Parliament, has sold almost two thirds of the shares he bought last year in more