Results 1 - 25 from 31 for "reduction"
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EBRD Slightly Reduces Stake in Banca Transilvania; Remains Confident of Bank’s Future Prospects
06.27.2024
The European Bank for Reconstruction and Development (EBRD) has slightly cut its stake in Banca Transilvania, the largest bank in Romania, via the sale of 13.7 million shares in an accelerated more
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AROBS Transilvania Software Completes Share Capital Cut, Readies for Listing on BVB Main Market
07.14.2023
AROBS Transilvania Software, the biggest tech company listed on the Bucharest Stock Exchange, announces it has finalized the operation of share capital reduction to RON87.1 million, with the capital more
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BCR: 47% Of Romanians Cut Spending Over The Last Year Due To Price Hikes
09.19.2022
Romanians have adapted their financial behavior in the context of the accelerated increase in inflation, prices and utility bills in recent months, with almost half of them (47%) reducing costs, more
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ArcelorMittal Hunedoara Reduces Activity Due to Lack of Orders
07.21.2022
The Board of Directors of ArcelorMittal Hunedoara (SIDG.RO), the steel mill owned by the ArcelorMittal, has decided to temporarily reduce activity of the company in July 23 – August 5, 2022 and to more
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Ruling Coalition Leaders Decide On Fuel Excise Duty Cut, Fin Min Says
02.22.2022
Finance minister Adrian Caciu on Tuesday said ruling coalition leaders agreed with his proposal to temporarily reduce the excise tax on fuel by 50%. more
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Germina Agribusiness Calls Shareholders To Approve Share Capital Reduction By RON32.4M
12.07.2021
Seed producer and processor Germina Agribusiness (SEOM.RO) is summoning its shareholders on January 10, 2022, to approve the reduction of the company's share capital by RON32.4 million, to RON1.35 more
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Rompetrol Rafinare Shareholders Approve Share Capital Reduction
08.09.2021
Rompetrol Rafinare (RRC.RO), the operator of the Petromidia Navodari and Vega Ploiesti refineries, part of Kazakhstan’s KMG International Group, will reduce its share capital by RON1.75 billion to more
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Rompetrol Rafinare Seeks to Reduce Share Capital by Maximum RON3B
07.01.2021
Rompetrol Rafinare (RRC.RO), part of KMG International and 44.7% owned by the Romanian state, seeks to reduce its share capital by as much as RON3 billion from the current share capital of RON4.4 more
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Unirea Shopping Center Gets Shareholder Approval For Share Buyback Program Of RON30M Tops
11.27.2020
Shareholders of Unirea Shopping Center (SCDM.RO), which operates two retail centers in Bucharest and Brasov, approved a decision to carry out a share repurchase program of maximum RON30 million in more
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Finance Minister Plans To Cut Salaries Of CEC Bank And EximBank CEOs
01.14.2020
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Fondul Proprietatea Lowers Share Capital by RON773M, to RON3.9B
10.16.2019
Investment fund Fondul Proprietatea (FP.RO) has notified the Bucharest Stock Exchange of a reduction in share capital by RON773.7 million, to RON3.9 billion, approved by shareholders in April 2019. more
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Telekom Romania CEO: Headcount Reduction Mainly Targets Administration and Back-Office Areas
07.23.2019
Simplification of internal processes and products, digitalization and automation of certain operations and the pressure for an improvement in the financial results are the main reasons for Telekom’s more
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Fondul Proprietatea Reduces Its Holding In Nuclearelectrica To 7.5% From 9.1% In 1Q/2018
05.15.2018
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Electrica Says Will Challenge Antitrust Fine, But Will Cut Electricity Tariffs If Required By Competent Authorities
04.27.2018
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Sphera Group Plans To Reduce Share Capital By RON56M
03.23.2018
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Patria Bank To Cut Share Capital By RON149M To RON227.1M
06.23.2017
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Franklin Templeton Asks Fondul Proprietatea Shareholders To OK Reduction Of Subscribed Capital
03.23.2017
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ING Bank Cuts Required Downpayment On Mortgage Loans To 15% As Of January 21
01.10.2017
ING Bank, the seventh largest bank by value of assets, will reduce the minimum downpayment required on standard mortgage loans to 15% from 25%, starting January 21, 2017. more
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CEC Bank Cuts Required Down Payment On Mortgage Loans To 20% Until End-2016
09.01.2016
Romanian lender CEC Bank has decided to cut the minimum downpayment required on mortgage loans to 20% from 30%, as part of a promotional offer valid until the end of 2016. more
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Kaufland Sends EUR25M Back Home
11.12.2015
Kaufland Romania, the leader of the local retail sector, will send 110 million lei (EUR25 million) back to its parent company in Germany, according to an announcement in the Official Gazette. more
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Electrica Cuts Staff At Its Subsidiaries By 7%
08.20.2015
Romanian electricity distribution and supply company Electrica (EL.RO) will reduce the number of employees at its subsidiaries by 7.3%, in a move to boost labor productivity, according to information more
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Romania’s Planned Cut In Interbank Fees To Impact ING’s Retail Revenue By 5%
05.13.2015
Romania’s planned cut in interbank fees, as of the end of 2015, will affect ING Bank’s revenues on the retail segment by 5%, but this situation will be offset by additional growth, by attracting more
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Nita: Planned Cut In Green Certificate Quota For Big Power Consumers Conditioned By Investments
06.19.2014
Romanian Economy Minister Constantin Nita on Thursday said the planned reduction in the green certificate quota for large electricity consumers is tied to certain conditions which target investments more
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Romania Drastically Cuts Renewable Energy Aid Starting January 2014
12.16.2013
The Romanian Government has decided that wind power producers will receive only 1.5 green certificates for each megawatt of energy delivered to consumers, while solar power producers will receive more
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Central Bank Official: The Plan Is To Cut Minimum Reserves, But Gradually
11.11.2013
The Romanian central bank’s current board ought to bring minimum reserve requirements closer to the European level (1% as of 2012) by the time a new board takes over starting next fall, said deputy more