Reporter
Liviu Popescu
- Fields
- Companies, Banks-Insurance, Capital Market
- Writing for ZF since
- 2021
- Articles
- 278
Chimcomplex Borzesti Set to Build 108 MW Gas Cogeneration Plant in Ramnicu Valcea
Chemical compound Chimcomplex Borzesti announced it has signed the contract for funding via the National Recovery Plan and Resilience Pillar I and is in the process of implementing the secon...
OMV Petrom Starts GDR Delisting from LSE
OMV Petrom, the largest fuel producer in Romania, has announced at the Bucharest Stock Exchange that it has commenced the process to delist and to cancel trading of the GDRs at the London St...
Banca Transilvania Wants Shareholders’ OK for EUR1.5B Bond Issue Program
Banca Transilvania, the biggest player in Romania’s banking system, is convening shareholders for September 29 for the approval of a program of corporate bond issues with a 10-year maturity...
Banca Transilvania Wants to Distribute RON900M Worth of Dividends
Banca Transilvania, Romania’s biggest lending institution, is convening its shareholders for September 29, 2023, to approve, among others, the distribution of RON902.5 million under the form...
Petrom Reports RON537M Losses in 2Q/2023; 1H/2023 Profit Plunges 80% to RON944M
OMV Petrom, Romania’s sole oil and gas producer, reported RON537 million losses for the second quarter of 2023, compared with a net result of RON2.9 billion in the year-earlier period, amid...
Petrom Special Dividend: Romanian Company Wants to Share RON2.8B with Shareholders, Namely RON0.045/Share
A day before reporting Q2/2023 results, set to be under the impact of solidarity taxes, Petrom has announced the much-awaited special dividend it proposes to shareholders.
Romanian Realty Developer Impact Gets Building Permit for Iasi Greenfield Copou
Real estate developer Impact Developer&Contractor announced it got the construction authorization for Greenfield Copou residential project of Iasi, where it is set to develop 1062 apartments...
Fondul Proprietatea Makes EUR1.9B Exit from Hidroelectrica in Historic Listing
Fondul Proprietatea, managed by US-based Franklin Templeton, has raised RON9.3 billion (EUR1.9 billion) by entirely selling on the bourse the 20% stake it held in Hidroelectrica, the biggest...
Hidroelectrica Listing, Largest Deal on the Bucharest Stock Exchange, Gets Underway
Hidroelectrica, the last unlisted energy “pearl” part of the Romanian state’s portfolio, comes in front of investors at the Bucharest Stock Exchange with a valuation ranging between RON42.3...
Grup Serban Holding Invests RON5M To Buy Cattle Farm in Sascut, Bacau
Grup Serban Holding, a Romanian entrepreneurial company active in several farming segments, has invested RON5 million in the acquisition of an Angus cattle farm in Sascut, Bacau county.
Banca Transilvania Wants to Grow Only in Romania
Banca Transilvania, the biggest player in the local banking system, wants to grow only in Romania, with a focus on organic growth, without mulling foreign expansion.
Dedeman Ends 2022 with RON11B Turnover, Up 10% from 2021, RON1.7B Net Profit
DIY retailer Dedeman, the most powerful Romanian entrepreneurial business, ended 2022 with RON11 billion turnover, 10% higher than in 2021, while net profit went up by 1.45% to around RON1.7...