29 apr 2016

Five asset management companies, four of which held by banks, account for 95% of the mutual fund market which stood at 22.8 billion lei (EUR5.1 billion) at the end of March. The remaining 16 managers more

13 apr 2016

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6 apr 2016

The regional investment funds (SIF) will double their dividend income to 320 million lei (EUR71.6 million) this year because of Banca Transilvania (TLV.RO), BRD (BRD.RO) and Erste Bank (EBS.RO), in more

15 mar 2016

Banca Transilvania, the third leading lender in Romania, took the market by surprise on Monday when it announced a new acquisition merely one year from the takeover of Volksbank Romania. more

14 mar 2016

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8 mar 2016

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3 mar 2016

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24 feb 2016

The price French-held Lactalis group will pay to the shareholders in the tender offer for dairy producer Albalact (ALBZ.RO) will be the same for all shareholders, even though the Ciurtin family and more

4 feb 2016

French Lactalis group, which seeks to take over Romania’s largest dairy producer Albalact (ALBZ.RO), needs to get at least 20% more in Albalact from shareholders besides the 70% it persuaded the more

2 feb 2016

Four major brokerage firms handled more than half of the 1.2 billion lei (EUR265 million) stock transactions in January. Their main customers are foreign investment funds, which gives a clue into who more

28 ian 2016

The ING mandatory private pension fund, which has 9.1 billion lei (about EUR2 billion) assets and is managed by NN Pensii, plans to invest EUR80 million in the shares of the companies listed on the more

15 ian 2016

Mutual fund Audas Piscator, managed by Atlas Asset Management, is the top performer of 2015, with a 40% yield in euros it got from the bet on the rise of the Swiss franc against the euro. more

12 ian 2016

Three investors, among which a commercial bank, are interested to buy asset manager Intercapital Investment Management from brokerage firm Intercapital Invest, market sources say. A new player might more

6 ian 2016

Regional investment fund SIF Moldova (SIF2.RO), which manages 1.5 billion lei (EUR337 million) assets, plans to start developing a residential complex on one of the plots of the former textile mill more

8 dec 2015

Bill and Melinda Gates Foundation, the largest private foundation in the world with its $43 billion assets, is a shareholder of Fondul Proprietatea (FP.RO). more

26 nov 2015

Mandatory private pension funds (pillar II) posted 4.4% average yield this year, half as much as they did last year, as government paper interest decline slowed down and the stock market had a modest more

13 nov 2015

The elections for the nine seats in the Board of Governors of the Bucharest Stock Exchange (BVB.RO), which posted less than EUR3 million revenue in January-September and manages the stock market where more

9 nov 2015

The heirs of Malaxa and Auschnitt (two of the most important industrialists of pre-communist Romania), the largest private shareholders of Fondul Proprietatea (FP.RO), lowered their stakes in the fund more

13 oct 2015

Significant shareholders of Banca Transilvania (TLV.RO), such as regional investment fund SIF Moldova (SIF2.RO), Roberto Marco Marzanati, Radu Palagheanu and Horia Ciorcila, the bank chairman, have more

7 oct 2015

Romanian plastic profiles producer Romcarbon Buzau (ROCE.RO) will pay October 26 gross dividends of 2 million lei of 2014’s net profit. more

7 oct 2015

Real estate developer Impact Developer & Contractor (IMP.RO), controlled by businessman Gheorghe Iaciu, ended September with the highest sales volume so far, 87 apartments in the Greenfield complex in more

5 oct 2015

Dutch investment fund Palmer Capital Emerging Europe Equity, former MEI Roemenie&Bulgarije Fonds, sold 50,000 shares in construction materials manufacturer Prebet Aiud (PREB.RO) on the Bucharest Stock more

24 sep 2015

Anina Radu, vice-president and deputy general manager with regional investment fund SIF Oltenia (SIF5.RO), bought on the Bucharest Stock Exchange September 22 a stake of 12,930 shares in the company more

23 sep 2015

Stockholders of Bucur Obor (BUCU.RO), which owns Bucur Obor shopping center, a precursor of today’s malls which opened more than 40 years ago in Bucharest, approved in Tuesday session the payment of more

21 sep 2015

A number of 21 brokerage companies of all authorized 28 switched on losses in 2015, compared with 16 companies end-2014, on the backdrop of a reduced activity on the Bucharest Stock Exchange, more