08.14.2013

Global private equity firm Advent International Wednesday said it has sold its holding in Romanian decorative paints producer Deutek to Emerging Europe Accession Fund (EEAF) for an undisclosed amount. more

08.13.2013

Administrators of Romanian realty developer Impact Developer&Contractor (IMP.RO) have proposed shareholders to double the company’s share capital to 39.57 million lei (EUR8.94 million) from RON19.78 more

08.06.2013

Horia Manda, managing director of Axxess Capital, a company which manages the Romanian-American Enterprise Fund (RAEF), Balkan Accession Fund (BAF) and Emerging Europe Accession Fund, says the company more

08.05.2013

Romania’s central bank is likely to cut its key lending rate to 4% by year-end, British think-tank Capital Economics said in a report Monday. more

08.02.2013

GDF Suez Energy Romania, a unit of French-Belgian utility GDF Suez, increased by 150 million lei (EUR34 million) to RON154 million the share capital of Buzau-based wind farm developer Alizeu Eolian, more

08.02.2013

The development of Romanian capital markets is closely linked to privatization. The Bucharest Stock Exchange (“BSE”), initially established in 1864, was re-established in April 1995, but more

07.17.2013

The subscribed share capital of insurers in Romania fell 26.1% in 2012 to 2.98 billion lei (EUR670.1 million), according to an annual report by the country’s Financial Supervisory Authority, or ASF. more

07.02.2013

Austrian Erste Group Bank AG (EBS.RO) has successfully concluded a EUR660.6 million accelerated bookbuild offering, the bank said in a statement Tuesday. more

06.27.2013

Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) will increase its share capital by 10.3 million lei (EUR2.3 million) to RON67.1 million, according to a shareholder decision Thursday. more

06.24.2013

Austria’s Erste Group Bank (EBS.RO) will increase its share capital by about EUR660 million to fully redeem participation capital of EUR1.76 billion, the lender said in a statement Monday. more

06.18.2013

Romanian generic drugs wholesaler Ropharma Brasov (RPH.RO) has approved a 21.8 million lei (EUR4.86 million) share capital increase to approximately RON50.95 million by capitalizing existing reserves, more

06.14.2013

The second day of ZF Bankers Summit ’13 brought up the weaknesses in the economy and the issue of insolvencies weighing on banks’ loan portfolios. One solution would be for the state to more

06.13.2013

South-African investment fund New Europe Property Investment (NEP.RO) wants to raise EUR100 million via a rights offer to shareholders at EUR4.8 a share. more

06.10.2013

Shareholders of Romanian real estate developer Impact Developer&Contractor (IMP.RO) on Monday approved a decision to reduce the company’s share capital ten times, down to 19.7 million lei (EUR4.35 more

06.10.2013

Romanian state-owned lender CEC Bank has increased its share capital by 32.5 million lei (EUR7.14 million) to RON1.12 billion by capitalizing on its 2012 profits, the bank said in a statement Monday. more

06.06.2013

Romanian lender Libra Internet Bank plans to increase its share capital by 9 million lei (EUR2 million) to RON172 million, by issuing new shares. more

06.04.2013

Equity fund Catalyst Romania, administered by 3TS Capital Partners, has completed its first investment on the local market after taking over a 30% stake in legal platform avocatnet.ro, Mihai more

05.22.2013

The managing board of Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) has proposed the company’s shareholders to increase Antibiotice’s share capital by 20.66 million lei (EUR4.75 million), more

05.14.2013

Romanian generic drugs wholesaler Ropharma Braşov (RPH.RO) Tuesday proposed increasing its share capital by 21.8 million lei (EUR5 million) to approximately RON60 million by capitalizing existing more

04.16.2013

South-African investment fund New Europe Property Investment (NEP.RO) will expand to Serbia, Hungary, Slovenia, and Bulgaria, but Romania remains its primary market in the region and investments here more

04.15.2013

South-African investment fund New Europe Property Investment (NEP.RO) has closed its book build launched earlier Monday after raising 700 million South African rand (some EUR59 million), above the more

04.15.2013

South-African investment fund New Europe Property Investment (NEP.RO) Monday said it plans to raise about 500 million South African rand (some EUR42.5 million) through the issue of new shares. more

04.15.2013

Romania’s Economy Ministry has received only one offer from brokerage houses for the upcoming listing of a 12% stake in state-run energy holding CE Oltenia, market participants told Mediafax Monday. more

04.11.2013

Foreign insurers brought EUR450 million to the capital of Romanian subsidiaries since the beginning of the economic crisis in order to cover ‘loopholes’ of over half a billion euros triggered by more

04.01.2013

Marfin Leasing, owned by the Popular Bank of Cyprus, or Laiki Bank, plans to raise its share capital by EUR48.5 million, to around EUR48.7 million, by issuing new shares. more