02.01.2019

Romania's finance ministry plans to raise the share capital of state-owned CEC Bank by RON940 million, according to the 2019 state budget draft released late Thursday. more

12.20.2018

The business sector had a very harsh reaction to the government’s proposed new taxes in banking, energy and telecom sectors, asking it to stop. The Bucharest Stock Exchange lost 11% and fell into more

12.19.2018

Finance Minister Eugen Teodorovici on Tuesday evening announced new taxes on bank assets, energy and telecom companies, which he intends to use to patch the holes in the 2019 budget. more

11.20.2018

Lender Patria Bank (PBK.RO), owned by investment fund Emerging Europe Accession Fund (EEAF), has increased its share capital to RON311.5 million from RON274.1 million by issuing 373.6 million new more

10.31.2018

The minimum wage hike from 1,900 lei (EUR407) in gross amount per month to RON2,080 or RON2,350 for employees with more than 15 years length of service or who are higher education graduates will only more

09.20.2018

Romania's financial regulator has approved a prospectus for lender Patria Bank's offering seeking to raise its share capital by RON100 million. more

09.04.2018

Investment fund Fondul Proprietatea (FP.RO) maintains its decision to not take part in a share capital increase for state-owned postal company Posta Romana and contests the hike, Johan Meyer, the more

12.19.2017

Local companies are not ready to cope with interest raises and more than half of the companies with ongoing leu and euro loans will be significantly affected by a potential increase of the leu and more

11.07.2017

Romania's communications ministry has selected law firm SCA Bohalteanu si Asociatii to advise it on the share capital hike of state-owned postal operator Posta Romana, under a RON10,000 contract. more

08.09.2017

About 900,000 of the employees in Romania (18% of all the employees in the country) earn more than 3,000 lei (EUR657) in net amount per month, according to the Labor Ministry data processed by ZF. more

07.07.2017

The PSD (Social Democrat Party) government’s intention to raise the minimum wage by 38% as of next year (from 1,450 lei or EUR316 to 2,000 lei per month in gross amount) is seen differently by the more

03.31.2017

Romanian chemical company Chimcomplex Borzesti (CHOB.RO), indirectly controlled by businessman Stefan Vuza, wants to double its share capital, the company said in a statement Friday. more

07.21.2016

Romanian lender Banca Transilvania (TLV.RO) has increased its share capital by RON620 million by issuing 620 million shares with a face value of RON1 each, thus reaching RON3.646 billion. more

07.19.2016

Austrian group Grawe, which owns insurance company Grawe Romania, increased the insurer’s share capital from RON28.5 million to RON40 million (EUR9 million). more

07.13.2016

South-African investment fund New Europe Property Investments (NEPI), the company with the highest real estate portfolio in Romania, announced it will hike its share capital by approximately EUR63 more

09.01.2015

Insurer Gothaer Asigurari Reasigurari, part of German group Gothaer, increased its share capital by 17.4 million lei (nearly EUR4 million) in July, according to Trade Registry’s data. more

08.04.2015

Drought has seriously damaged this year’s crops and caused EUR2 billion losses to producers, which represent unrecoverable investments, thus, prices of Romanian products will increase in the 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

05.14.2014

Shareholders of insurer Astra Asigurari, two companies owned by businessman Dan Adamescu, decided Monday to raise the insurer's share capital by RON490 million, with a first tranche of RON70 million, more

03.12.2013

Romanian paper and cardboard maker Vrancart Adjud (VNC.RO) is discussing increasing the share capital by 6.8 million lei (EUR1.55 million), from RON79.5 million to RON86.3 million, through more

12.03.2012

The stockholders of Romanian leading bank group Banca Comerciala Romana (BCR) decided Monday to increase the bank’s share capital by 501 million lei (EUR110 million) and to amend its constitutive more

06.12.2012

The shareholders of Romanian life insurance company BCR Asigurari de Viata will discuss in July the decision to increase the company’s share capital by 11.04 million lei (EUR2.47 million), to more

01.30.2012

Romanian Labor Minister Sulfina Barbu Monday said Romania could raise public wages and pensions by a maximum 5% in the second half of the year, but only if the country posts an economic growth of at more

11.11.2011

The capital of Romania's National SME Loan Guarantee Fund will be raised by 250 million lei (EUR57.5 million) in 2012, according to Prime Minister Emil Boc. 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