8 sep 2015

The management of Romanian lender Banca Comerciala Carpatica (BCC.RO) summoned an extraordinary stockholders’ meeting October 9 to approve the change of the terms and conditions of the share capital more

7 sep 2015

Romanian regional investment fund SIF Moldova (SIF2) bought back a 0.1% stake representing 1.086 million of its shares on the Bucharest Stock Exchange for nearly 921,000 lei between August 6 to more

7 sep 2015

A stake of 32.08% in Romanian investment fund Fondul Proprietatea (FP.RO) was transferred on London Bourse as Global Depositary Receipts GDRs. more

7 sep 2015

Romanian insurance companies are no longer willing to cover drought-related damaged mainly due to the catastrophic nature of the phenomenon, the large affected areas, the high probability to take more

7 sep 2015

The new management team of CEC Bank announced four month ago is now incomplete and those who accepted the positions have not filed for approval with the Central Bank BNR. more

4 sep 2015

Sporting goods retailer Intersport received in July a capital inflow of 8 million lei (EUR1.8 million) from its Greek parent company Fourlis Grup, which will be further used as a working capital. more

4 sep 2015

The shares of Banca Comerciala Carpatica (BCC.RO) increased by over 10% on the Bucharest Stock Exchange September 3, up to 0.0465 lei per unit, on takeover rumors by US’ fund J.C. Flowers. more

4 sep 2015

Volksbank Romania will dissolve its asset management unit Volksbank Services, operating on the non-banking sector, according to a decision published on the Official Gazette. more

4 sep 2015

Roxana Manzatu, former secretary of state with Ministry of European Funds, stepped in as president of the newly established National Agency for Public Procurement (ANAP), according to a decision of more

4 sep 2015

Swedish investment funds East Capital, some of the largest foreign investors on the Bucharest Stock Exchange, transformed the shares owned in Romanian investment fund Fondul Proprietatea (FP.RO) into more

3 sep 2015

The merger between Romanian lender Banca Transilvania (TLV.RO) and Volksbank Romania (VB.RO) will be made through absorption, while Banca Transilvania’s share capital will not be changed and the more

3 sep 2015

Romanian power transformers manufacturer Retrasib Sibiu (RTRA.RO), majority owned by Germany’s SGB-Smit group, aims to increase 2015’s investments budget by EUR1 milion (4.4 million lei), at a more

3 sep 2015

The Romanian factoring market reached at EUR1.5 billion (nearly 6.7 billion) in the first semester, up 38% or EUR400 million compared with the same period in 2014, on the backdrop of domesticfactoring more

3 sep 2015

US’ fund J.C. Flowers, is trying to take over both Romanian lender Banca Comerciala Carpatica (BCC.RO) and Greek-owned lender Piraeus Bank in an attempt to set up a bank worth of a top 10 position more

2 sep 2015

Romanian Constanta shipyard (SNC.RO), owned by businessman Gheorghe Bosanceanu, switched to operating losses of 0.8 million lei in the first semester, from a net profit of RON5.5 million during the more

2 sep 2015

Romanian regional investment fund SIF Muntenia (SIF4.RO) owns a stake of over 50% in Romanian pharmaceutical producer Biofarm (BIO.RO), on the company’s share capital decreasing after the more

2 sep 2015

Magyar broker Concorde Securities, which manages the Central and Eastern Europe investments of Norway’s sovereign fund, ranked 5th among the top brokers on the Bucharest Stock Exchange in August, on more

2 sep 2015

Sugar processor Agrana Romania (BETA.RO) halved its losses in the first semester of 2015, at 13 million lei, on lower operating expenses. more

2 sep 2015

A number of 1.7 million shares in Romanian plastic systems maker Teraplast Bistrita (TRP.RO) were sold on the Bucharest stock Exchange August 31 by Romanian natural person Iris Maria Viciu, daughter more

1 sep 2015

Pastry shop chain Fornetti Romania has closed the insolvency procedures end-July, on fulfilling the obligations towards creditors, banks and partners included in the reorganization plan. more

1 sep 2015

Romanian investment fund SIF Banat-Crisana (SIF1.RO) will pay gross dividends representing 54.8 million lei, or 34% of 2014’s net profit as of September 4. more

1 sep 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

1 sep 2015

Sales of hybrid and electric sales doubled in the January to July period, according to the data of Automotive Manufacturers and Importers Association (APIA), on a growing interest for ecological more

31 aug 2015

Loans granted to companies and individuals by non-banking financial institutions (NBFIs) included in the central bank's general registry reached RON28 billion (EUR6.3 billion) at the end of June 2015, more

31 aug 2015

Shareholders of real estate developer New Europe Property Investments NEPI (NEP.RO), which bought Auchan Titan Shopping Center from German-held Aberdeen Asset Management last week, may choose the more