12.03.2024

The assets of the open-end investment funds managed by asset management companies in Romania touched a record high of RON26.4 billion at the end of October 2024, higher by RON7.2 billion or by 38% more

09.26.2024

The net assets of the 95 open-end equity funds operating in Romania edged 1% higher in August 2024 and grew by 25.6% so far in 2024, up to RON25.6 billion (EUR5.2 billion), in line with the latest more

12.21.2023

The net assets of the 248 domestic and foreign open-end and closed-end investment funds operating in Romania grew by 2.1% in November 2023 up to RON39.5 billion (EUR7.9 billion), but fell by 14% since more

07.04.2023

The largest share sale in the history of Romania ended on Tuesday, July 4 at 12 p.m., with the closing of the initial public offering of electricity producer Hidroelectrica (H2O.RO), where minority more

05.25.2023

The net assets of the 93 Romanian open-end investment funds totaled RON17.8 billion (EUR3.6 billion) in April 2023, up 1.9% since the beginning of the year, data from the local Association of Asset more

03.06.2023

BNP Paribas Personal Finance announces the start of the steps to cease operations of its consumer finance unit, Cetelem, in Romania, after having failed to find a partner to continue in the country. more

04.12.2022

OTP Asset Management Romania has launched OTP Innovation Fund, the first fund in Romania that offers the possibility to invest, internationally, in companies that allocate a significant share of their more

12.13.2021

Electrica (EL.RO)'s management notified the Bucharest Stock Exchange that the mandate agreement as chief market officer of Catalina Popa had ended on December 11.E more

10.23.2020

The Renault group will stop assembling the Logan MCV when the second generation of Logan and Sandero ends and promises to replace it with a revolutionary car. more

09.16.2019

More than 943,000 Romanians working under employment contracts earn over EUR1,000 (4,725 lei) in gross amount per month, according to the information supplied by the Labor Inspection Department at the more

11.18.2015

German Deutsche Telekom and Greek OTE groups, the majority shareholders of Telekom group, the largest fixed and mobile communications provider in Romania, are discussing appointment of a new chief more

03.11.2014

The combined net assets of Romanian open-end investment funds rose 3.17% to 13.98 billion lei (a little over EUR3 billion) in February, from RON13.55 billion a month earlier, data from the local more

02.12.2014

The combined net assets of Romanian open-end investment funds rose 4.4% to 13.55 billion lei (EUR3.02 billion) in January, from around RON13 billion a month earlier, data from the local Association of more

11.27.2013

Romanian investment fund manager Certinvest SAI Wednesday said it plans to launch a closed-end bond fund in the first quarter of 2014 that will specialize in corporate bonds issued by medium-sized more

08.09.2013

The combined net assets of Romanian open-end investment funds rose 1.8% to 10.5 billion lei (EUR2.36 billion) in July, from RON10.3 billion a month earlier, data from the local Association of Asset more

06.11.2013

The combined net assets of Romanian open-end investment funds rose 2.8% to 10.07 billion lei (EUR2.22 billion) in May, from roughly RON9.8 billion a month earlier, data from the local Association of more

12.12.2011

The assets of local open-end investment funds inched up 0.1% in November, to 6.898 billion lei (EUR1.59 billion), and clients withdrew a total RON30.1 million (EUR6.9 million) from these funds. more

10.15.2011

Two investment funds managed by Certinvest are the closed-end funds with the highest performance and yields of more than 15% over the past year. more

07.01.2011

Certinvest, owned by businessman Eugen Voicu, will launch a private closed-end investment fund, Certinvest Green, through which it will fund two alternative energy projects, aiming to draw EUR1.5 more