1 nov 2013

Small investors subscribed over 153 million shares overall in a public offering for 15% in gas producer Romgaz Medias, the most valuable state-owned company. At the maximum price of RON32, the value more

25 oct 2013

The Bucharest Stock Exchange’s BET-NG index, which tracks the performance of companies in the energy sector, has been on downward trend since the beginning of the year due to a 6% decline in power more

25 oct 2013

The initial public offering (IPO) of 15% in state-run natural gas producer Romgaz, the largest offering in the history of the Bucharest Stock Exchange, has made a lot of commotion on the financial more

18 oct 2013

Mutual funds financed Romania’s budget deficit by purchasing treasury bonds worth more than 6 billion lei (EUR1.35 billion), which translates into almost half of RON12.5 billion worth of assets they more

7 oct 2013

Vanguard Asset Management, one of the pioneers of the Romanian mutual funds market, has decided to liquidate mutual funds Vanguard Protector and Fondul Oportunitati Nationale (FON) because the more

1 oct 2013

Public offerings conducted by state-run companies on the stock exchange have created a favorable environment for privately-held companies looking for capital, says Matei Filipidescu, head of the more

26 sep 2013

Fondul Proprietatea’s plan to launch a public tender offer to buy back 600 million or 4.35% of its own shares could be the last chance for Franklin Templeton, the fund’s manager, to keep its more

25 sep 2013

Banca Comerciala Carpatica (BCC.RO), the only Romanian-held bank listed on the Bucharest Stock Exchange, needs an additional EUR10 million to EUR30 million, chief executive officer Johan Gabriels more

24 sep 2013

Businessman Gheorghe Iaciu is conducting a mandatory tender offer for real estate developer Impact Developer & Contractor (IMP.RO) and plans to buy 61.95% in it paying 19.61 million lei (EUR4.4 more

3 sep 2013

Romania can raise over EUR1 billion from local resources and to buy shares in state-run companies Nuclearelectrica, Romgaz, Hidroelectrica and Electrica. more

20 aug 2013

The number of investment accounts on the Bucharest bourse rose by over 5,000 in the second quarter of this year, the highest rise since the crisis started in 2008. The rise was driven by Transgaz’ more

16 aug 2013

Romanian regional investment fund SIF Transilvania (SIF3.RO) registered in July the lowest level of assets since inception, which turned it into the “smallest” SIF, with a wealth of 1 billion lei more

15 aug 2013

US hedging fund Elliott Associates and investment fund City of London, the two largest shareholders of Romanian investment fund Fondul Proprietatea (FP.RO), gained 170 million lei (EUR38.6 million) more

13 aug 2013

Gas producer Romgaz should be listed only on the Bucharest Stock Exchange and brokers should make all the efforts to bring foreign investors here, said Dan Radu Rusanu, head of the Romania’s more

5 aug 2013

Regional investment fund SIF Moldova (SIF2.RO) plans to “gradually” sell some of its shares in Erste Bank (EBS), the fund’s most valuable holding, with 21.4% of SIF2’s assets. more

29 iul 2013

Some 2.3 million of the 5.9 million Romanians holding mandatory private pension accounts (Pillar II) paid no contributions in June, because they either have no job or are working based on no labor more

24 iul 2013

The Bucharest Stock Exchange reached all-time highs six years ago, whereas now, most local stocks continue to post losses of over 50% compared to the levels recorded on July 24, 2007. more

19 iul 2013

Investors in bond funds have had the most to gain in the past three years. By taking low risks, bond funds have earned an average yield of almost 23%, above the bank interest rate and above stock more

8 iul 2013

Romanian real estate developer Impact Developer&Contractor (IMP.RO) will return to residential projects and will post profit next year, company owner Gheorghe Iaciu told ZF about his plans to turn the more

27 iun 2013

The abrupt 26% decline in the price of gold this year shaved over EUR120 million lei (EUR26.6 million) off the value of Romanians’ gold bars. more

19 iun 2013

Dan Radu Rusanu, head of the financial supervisory authority ASF, said in his first statement since taking over at the helm of the institution, that he does not agree to the secondary listing of more

14 iun 2013

Romanians’ stock market investments have reached 18.1 billion lei (EUR4.1 billion) and the bulk mainly target financial instruments like stocks and bonds, while around RON300 million are held in more

11 iun 2013

Ludwik Sobolewski, former president and chief executive of the Warsaw Stock Exchange, is in advanced talks with the management of the Bucharest Stock Exchange (BVB.RO) to take over as executive more

29 mai 2013

The former managers of the now extinct authorities that used to supervise the capital market, the insurance sector and private pensions, get severance pay of up to 19 monthly salaries because their more

24 mai 2013

Scottish investment management group Aberdeen Asset Management, which administers assets of EUR250 billion, has become BRD’s second-largest shareholder, after French Societe Generale, by taking over more