07.25.2011

Construction company Concefa Sibiu (COFI.RO), owned by businessman Horatiu Cercel, on Monday said it plans to increase its share capital by 14.2 million lei (EUR3.36 million), to RON71.6 million. more

07.18.2011

Romanian metallic cord and wire manufacturer Cord Buzau (CORZ.RO) will increase its share capital by 32.7 million lei (EUR7.6 million) to over RON72 million, the company said in a statement Monday. more

07.08.2011

Alpha Bank, the local subsidiary of one of the leading Greek financial groups, received a significant capital injection in June, of EUR50 million. Bank officials say the capital increase is part of more

07.07.2011

Romanian calcined alumina producer Alum Tulcea (BBGA.RO) increased its share capital by 18.96 million lei (EUR4.5 million) to RON488.4 million through cash injection from the mother company, Alum said more

07.07.2011

The five largest equity funds have lost 300 investors since the beginning of the year and recorded net withdrawals of around 15 million lei (EUR 3.59 million), although the overall trend of the stock more

07.04.2011

ProCredit Bank Romania has increased its share capital by around 12.5 million lei (EUR3 million) to RON152.8 million, the lender said in a statement Monday. more

06.29.2011

Public investments have been dwindling for two and a half years, from the peak reached in 2008, 26.7 billion lei (EUR6.33 billion), with declines continuing into the first five months of this year, more

06.29.2011

Analysts expect the Romanian state to carry out a public sale offer on the bourse for its 45% stake in Rompetrol Rafinare (RCC.RO) if it fails to recover the EUR516 million historic debts from the more

06.24.2011

Axa Life Insurance, part of French group Axa, increased its share capital by 28.7 million lei (EUR6.8 million), to RON80.5 million, by cash contribution from shareholders, according to data published more

06.22.2011

Romanian insurer Groupama Asigurari increased its share capital by 50 million lei (EUR11.76 million), to RON1.17 billion, through cash contribution by shareholders, according to a company more

06.21.2011

Oil drilling and construction firm Dafora Medias (DAFR.RO) could increase its share capital by 5.1 million lei (EUR1.2 million), to EUR102.4 million. more

06.20.2011

South-African fund New Europe Property Investments (NEPI) announced it has recently drawn EUR29 million in a share capital hike, adding the new stock will enter trade on June 22. more

06.16.2011

Industrial packaging manufacturer MJ Maillis Romania (MJM.RO) Thursday proposed increasing its share capital by 5 million lei (EUR1.18 million) to RON15.4 million, mostly via debt conversion. more

06.15.2011

Home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) approved increasing its capital by 5.72 million lei (EUR1.37 million) to RON8.58 million to help finance investments, the company more

06.08.2011

MKB Romexterra Bank increased its share capital by 82 million lei (EUR19.65 million), to RON462 million, through cash contribution by majority shareholder MKB Bank Zrt. more

05.27.2011

The Romanian Central Depository on Friday reported a net profit of some 6 million lei (EUR1.45 million) for 2010, compared to RON2.1 million in 2009, and it expects a net profit of RON1.5 million this more

05.25.2011

Romania is likely to begin a new economic cycle, when massive capital inflows could trigger a higher volatility of the exchange rate, central bank governor Mugur Isarescu said Wednesday. more

05.13.2011

The shareholders of Romanian insurer Aviva Asigurari de Viata have decided to reduce the share capital by 83.3 million lei (EUR20.2 million), to RON109.8 million, by canceling a number of shares. more

05.13.2011

Higher foreign capital inflows in Romania will likely bring back focus on the key interest rate, but the central bank might have to divert attention to competitiveness from inflation targeting, a more

05.11.2011

Romania is poised to become one of the safest credits in Europe, due to its modest foreign debt, a low current account deficit and undergoing economic reforms, a report from Renaissance Capital showed more

05.11.2011

Private equity and venture capital funds will keep discrete their presence in Romania this year, because of low consumption, which is set to recover only towards the end of the year, Wednesday said more

05.11.2011

Romanian dominant oil company OMV Petrom (SNP.RO) decided to give up its plan for a EUR600 million share capital increase, as its financial position has improved in the past year, the company said in more

05.09.2011

Euro Invest Bank AG has received authorization from Romania’s security commission to take over 99% in local brokerage firm Transilvania Capital, said Günter Woinar, general manager of the Austrian more

05.06.2011

Romanian brokerage house SSIF Broker (BRK.RO) Friday recommended increasing its share capital by 12.3 million lei (EUR2.98 million) to RON84.6 million, by including last year’s profits and part of more

05.05.2011

The Romanian central bank can’t afford a too strong leu if it wants to adopt the euro in 2015, because the country needs a strong exchange rate in the years prior to joining the euro area, Thursday more