04.02.2012

The Bucharest Stock Exchange grew by almost 24% in the first quarter, if looking at its main index, BET, due to improvement in companies’ performance and a rebound in international markets. more

02.29.2012

Romanian investment fund Fondul Proprietatea (FP.RO) Wednesday called a shareholder meeting for April 4, to hold debates on a proposition to sell assets and distribute the cash to shareholders, while more

02.28.2012

Romanian securities regulator CNVM will be the only authority enabled to decide whether shareholders at the five regional investment funds, or SIFs, are acting in concert and hold more than the more

01.11.2012

New York-based hedge fund Elliott Associates L.P., a unit of Elliott Management Corp, together with sister company Beresford, own an aggregate 12.91% in Romanian investment fund Fondul Proprietatea more

01.06.2012

The Finance Ministry transferred a total 1.48% in investment fun Fondul Proprietatea (FP.RO) in December, which leaves it with a 0.02% stake to be granted as compensation. more

12.08.2011

The progress of Banca Comerciala Carpatica (BCC.RO), controlled by Sibiu-based businessman Ilie Carabulea, will depend over the next year on how much the lender will consolidate by attracting a more

12.07.2011

The Finance Ministry transferred in November a total 1.74% stake in investment fund Fondul Proprietatea (FP.RO), as compensation, which narrowed the ministry's stake in the fund to 4.19%. more

11.24.2011

The shareholders of regional investment fund Fondul Proprietatea (FP.RO) Wednesday eliminated the voting restrictions in place up to now, in the last step towards large private investors taking over more

11.07.2011

The Finance Ministry transferred a total 1.65% in investment fund Fondul Proprietatea (FP.RO) in October, as compensation, which narrowed the state’s stake in the fund to 5.93%, while private equity more

10.31.2011

Lender Volksbank International has transferred control of Volksbank Romania to a special vehicle, VBI Beteiligungs GmbH, with an identical shareholding structure, where Osterreichische more

10.24.2011

American company Franklin Templeton, manager of the EUR3.6 billion assets of regional investment fund Fondul Proprietatea (FP.RO), is asking shareholders to allow it to decide on its own on selling more

10.19.2011

The European Bank for Reconstruction and Development recently bought a minority stake, for EUR3 million, in Bulgarian firm CallPoint New Europe, which has call center operations in Romania as well. more

10.07.2011

Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 45.13% in September, from 43.04% a month earlier, the fund said in a statement Friday. more

09.30.2011

The managing board of regional investment fund SIF Banat-Crisana (SIF1.RO) called a shareholder meeting for November 3, to discuss options for the stake held in lender BCR, at the beckoning of more

09.22.2011

The shareholders of Romanian regional investment fund SIF Muntenia (SIF4.RO) allowed the managing board to decide whether to sell or keep the BCR stake, Thursday said Petre Szel, president of SIF more

09.08.2011

Steven Ausnit, the son of interwar period industrialist Max Ausnit and a major private investor in Fondul Proprietatea (FP.RO), asked the government to add new assets to the fund’s share capital, so more

07.08.2011

The Finance Ministry transferred a total 6.35% in investment fund Fondul Proprietatea (FP.RO) as compensation in June, thus reducing its stake to 18.9%, while foreign companies remained the main more

07.05.2011

Romanian state lost dominance among shareholders of chemical company Oltchim (OLT.RO) regarding such decisions as share capital increases and procurement, after German PCC SE and British Carlson more

06.28.2011

Businessman Catalin Chelu indirectly controls 46.49% of abrasives maker Carbochim Cluj-Napoca (CBC.RO), through several companies he owns. more

06.06.2011

Italian lender UniCredit is not planning any changes in the shareholding structure at UniCredit Tiriac Bank, where Romanian businessman Ion Tiriac holds 45%, UniCredit general manager Roberto Nicastro more

05.31.2011

The Romanian Finance Ministry lost its dominant position among the shareholders of investment fund Fondul Proprietatea (FP.RO), after recently ceding a 10.1% stake in the fund to compensate former more

05.26.2011

German PCC SE on Wednesday bought 1.9% of Romanian state-run firm Oltchim (OLT.RO), for 5.9 million lei (EUR1.43 million), thus upping its stake in the chemical company to 15.7%. more

05.23.2011

Property restitution agency ANRP on Friday ordered the transfer of a 1.74% stake in investment fund Fondul Proprietatea (FP.RO) from the Finance Ministry’s portfolio to that of a party disowned by more

05.20.2011

The managing board president of Romanian stoves and pots maker VES Sighisoara (VESY.RO), Alexandru Farcas, on Friday announced the purchase of another 13.4% in the company, through Chimsport Orastie. more

05.18.2011

Debrocons, a Romanian company controlled by local businessman Catalin Chelu, Tuesday bought 22.97% in stoves and pots maker VES Sighisoara for 2.1 million lei (around EUR0.5 million), bourse data more