07.13.2015

A group of investors made up of brokerage company Swiss Capital, investment management company Swiss Capital Asset Management, Active Dinamic fund and natural person Sorin Apostol own a total stake of more

06.22.2015

Tension is mounting on the Romanian financial market, too, as Greek banks control 12% of the local banking assets, now that the crisis in Athens has reached that point where capital controls, more

06.19.2015

Banca Comerciala Carpatica (BCC) will cut its share capital by RON204.49 million to RON110.13 million to cover losses, and will subsequently hike its share capital by RON110.1 million by issuing new more

06.08.2015

The capital market can partly cover the funding gap, but there are several factors to be considered, Mircea Ursache, vice-president of Romania’s Financial Supervisory Authority (ASF), told ZF more

06.05.2015

Polish investment fund Innova Capital aims to list bottled water wholesaler La Fantana, which it controls, on the Bucharest bourse by early July, according to market sources. more

06.02.2015

Insurer Astra Asigurari, under special administration, has put up for sale 160 million shares at a face value of RON2.66 each, in a move to hike the insurer's share capital, which was imposed by the more

05.28.2015

Insurer Carpatica Asig, controlled by businessman Ilie Carabulea, currently under financial recovery, might need additional capital of EUR100 million to meet Solvency II requirements, according to more

05.27.2015

The Financial Supervisory Authority has approved the plan for a capital raise of nearly RON525 million for insurer Astra Asigurari, to RON682.7 million, as proposed by special administrator KPMG more

04.30.2015

Shareholders of Banca Transilvania (TLV.RO) approved Wednesday the bank’s share capital increase by RON417.38 million (EUR94.7 million) to RON3.03 billion, from the current RON2.608 billion. more

04.15.2015

The start of the year brought bad news for Electrica, Romania’s biggest energy distributor, which missed two acquisition opportunities that would have boosted its business and profit at one blow. more

04.07.2015

Libra Internet Bank increased its share capital by RON5 million, to RON193.1 million from RON188.1 million, through the contribution of its shareholder, Cyprus-based private equity fund Broadhurst more

04.06.2015

Pharmaceutical producer Gedeon Richter Romania on Monday said it plans to increase its share capital by RON10 million (nearly EUR2.3 million), through shareholder cash contributions by issuing new more

04.02.2015

The share capital of Romania’s companies increased by 34% in the past eight years, to almost 300 billion lei in 2014, a period during which the weight of foreign investments rose from 22% of the more

03.26.2015

Romanian lender Banca Comerciala Carpatica (BCC.RO) wants to resume talks with Nextebank on a potential merger and to reduce its losses by lowering its share capital by RON204.5 million. more

03.25.2015

Romanian lender Banca Transilvania (TLV.RO) plans to raise its share capital by 417.38 million lei (EUR94.7 million), by including part of its reserves, the bank said in a statement Wednesday. more

03.18.2015

Insurer Astra Asigurari's special administrator, KPMG Advisory, decided Wednesday to raise the company's share capital by RON424.9 million, to RON682.7 million, by shareholder cash contributions. more

03.10.2015

Silviana Badea has been appointed head of Capital Markets Department of real estate consulting firm JLL Romania. more

03.09.2015

Polish group Getin, which bought lender Romanian International Bank (RIB) in December 2013, in February this year increased the bank’s share capital by RON14 million, to RON137.02 million, and more

03.02.2015

Retailer Auchan Romania, which has a network of 32 hypermarkets, raised its share capital by EUR30 million in January 2015, to EUR299.2 million, by issuing new shares, according to a decision of the more

03.02.2015

The most influential women on the Romanian capital market handle deals worth billions of lei, manage the private pensions of millions of Romanians and mutual funds or the wealth of affluent investors. more

02.11.2015

Nuclearelectrica's (SNN.RO) private shareholders didn't take part in the company's capital raise, where they could have underwritten at a price nearly 30% higher than the market price, while the more

02.10.2015

Polish investment fund Innova Capital mulls listing bottled water wholesaler La Fantana, which it controls, on the Bucharest bourse, and hired Ipopema Securities to handle the deal, according with more

02.05.2015

Wood-based panel products manufacturer Kronospan Romania, part of Austrian group Kronospan, increased its share capital by 40.2 million (EUR9 million), to RON341.7 million (EUR84.6 million). more

02.05.2015

A US-held company registered in the Cayman Islands opened an office in Romania in 2013 with the minimum share capital required, 200 lei (almost EUR50). In December 2014 it operated the highest capital more

01.29.2015

Nestle Romania, a major player on Romania’s sweets and coffee market, last December got a capital infusion worth 55 million lei (EUR12.3 million), according with Trade Registry data. more