05.23.2012

Romanian industrial electrodes maker Electrocarbon Slatina (ELNG.RO) wants to increase its share capital by 18 million lei (EUR4.03 million), from RON44.8 million to RON62.8 million, through a cash more

05.22.2012

Romanian subsidiaries of foreign insurance companies should rely more on their own efforts and less on potential capital inflows from shareholders who are highly unlikely to keep operating capital more

05.11.2012

The significant reduction in the exposure of eurozone parent banks to financial markets in the region, including Romania, and the higher volatility of capital flows in general, have become two of the more

05.02.2012

A moderate fiscal slippage in Romania following the government’s recent collapse is unlikely to create long-term difficulties, provided any new fiscal policies are credible and will not stray from more

04.27.2012

The shareholders of Romanian lender Banca Transilvania (TLV.RO) on Friday approved increasing the bank's share capital by 129.3 million lei (EUR29.5 million), to RON1.903 billion, and launching a more

03.30.2012

Political appointments put inexperienced people in positions that entail regulation and supervision of markets worth tens of billions of euros. This week, Parliament validated new members to run the more

03.27.2012

Political parties on Monday in an unexpected move decided to appoint their candidates to the helm of the institutions that supervise the capital market (CNVM) and private pensions (CSSPP), although more

03.23.2012

The managing board of Romanian state-owned medicine maker Antibiotice Iasi (ATB.RO) increased to 17.2 million lei (EUR3.9 million) the sum proposed to stockholders as share capital hike, according to more

03.22.2012

Romanian lender Banca Transilvania (TLV.RO) Thursday proposed increasing its share capital by 129.38 million lei (EUR29.57) to RON1.9 billion and launching a EUR30 million convertible bond, the bank more

03.21.2012

The cumulated debts of listed companies went up from 25 billion lei (EUR5.7 billion) at the end of 2008 to RON34 billion (EUR7.7 billion) at the end of 2011. During the same period the companies’ more

03.16.2012

Romanian MKB Romexterra Bank, a unit of Hungary’s MKB Bank Zrt, Friday proposed increasing its share capital by 70.59 million lei (EUR16.1 million) to RON197.7 million. more

03.07.2012

OTP Bank Romania, the local unit of Hungary’s financial group OTP, has increases its share capital by 140 million lei (EUR32 million) to RON683 million, the lender said in a statement Wednesday. more

02.29.2012

Swiss Capital continued to lead the Bucharest bourse’s brokers chart in February, with total deals worth 336.2 million lei (EUR77.3 million), stock exchange data showed Wednesday. more

02.29.2012

Austria's government invests a further EUR250 million in Volksbank’s capital after taking a 70% loss from a previous EUR1 billion injection, this being the third time since 2008 that the Austrian more

02.14.2012

The low liquidity of the Romanian capital market, the high trading costs, and the lack of predictability of regulations are making the Romanian market as a whole less attractive than competitors in more

02.06.2012

Romanian government’s resignation is bound to impact the local financial markets on the short term, leaving the country more vulnerable to contagion from the eurozone unless the situation is quickly more

02.02.2012

Shareholders of MKB Romexterra Leasing will hold talks on March 5 on increasing the company’s share capital by 9.1 million lei (EUR2.1 million), to RON42.2 million from RON33.1 million, through cash more

02.01.2012

Businessman Tiberiu Urdareanu, who controls the UTI group, a business worth almost EUR160 million in 2010, is negotiating the sale of the UTI Headquarters building in downtown Bucharest to a Greek more

01.31.2012

Romanian regional investment fund SIF Moldova (SIF2.RO) Tuesday call on its shareholders to triple the fund’s capital to 155.7 million lei (EUR), saying its planned dividend payments would deplete more

01.27.2012

Romanian steel pipes maker ArcelorMittal Tubular Products Iasi (TPRO.RO) will increase its share capital by 78 million lei (EUR17.9 million) to RON241 million, the company said in a statement Friday. more

01.26.2012

Romanian steel pipes maker ArcelorMittal Tubular Products Roman (PTRO.RO) will increase its share capital by 292.1 million lei (EUR67 million) to RON725 million, the company said in a statement more

01.24.2012

Six years after its first acquisition on the GSM market in Romania, Spanish fund GED Capital is negotiating with Vodafone the exit from what is left of the Fonomat chain, 39 stores from almost 200 in more

01.16.2012

Romanian home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) approved a 9.3 million lei (EUR2.14 million) capital increase to RON15.5 million to finance investments, the company said in more

01.11.2012

Bank officials from 17 countries met in Vienna Wednesday to discuss the effects of the new capital requirements imposed by the European Union, an official of the Romanian central bank BNR said. more

01.10.2012

Romania’s big challenge this year will be to advertise on the international market, so that it would differentiate itself from countries in trouble in the region and borrow at reasonable terms, says more