Capital Market
Filip & Company Advised Fondul Proprietatea On Selling 2.8% Stake In OMV Petrom
Law firm Filip & Company has assisted Fondul Proprietatea in selling its entire stake, consisting of 1.777.067.726 ordinary shares, held in OMV Petrom (SNP.RO) through an accelerated private...
Libra Internet Bank Has 3 Bond Issues Worth Over EUR48M Listed On Stock Exchange
Libra Internet Bank continues its financing through the stock exchange with a third bond issue, worth EUR4.262 million and the bonds will trade on the main section of the Bucharest Stock Exc...
Romania's BET Index Firms See 8.6% Gains In Nov 2022- The Fastest Growth Pace In 20 Months
Romania's capital market in Romania grew by 8.6% in November 2022 through the lens of the BET index, which includes the 20 most liquid companies listed on the Bucharest Stock Exchange (BVB),...
Electroarges Raises RON5M via Bonds
Electroarges (ELGS.RO), one of the largest home appliances manufacturers in Romania, completed a bond placement that ended with 2 million bonds with a par value of RON2.5 each subscribed. In...
Fondul Proprietatea Revises Valuation of Its Hidroelectrica Stake Downwards
Considering the current context of the energy market and the Government Ordinance no 153/11 November 2022, which sets the mechanism for the centralized purchasing of electricity, by capping...
Radu Hanga, BVB: From 9 Listed Firms and RON26M Capitalization in 1995, Stock Exchange Now Has 370 Firms and RON150B Capitalization
The Bucharest Stock Exchange currently has 370 listed companies, registering total capitalization of around RON150 billion, as well as 140 listed bond issues, says Radu Hanga, BVB president.
Moldova’s Largest Bank Gets Shareholders’ Vote to Go Public on Bucharest Stock Exchange
Republic of Moldova’s largest lender, MOLDOVA-AGROINDBANK (Maib), which has a market share of 36.3% and about MDL39 billion (EUR2 billion) assets, got the shareholders’ approval to go public...
Fondul Proprietatea Sells Its Last 2.8% in OMV Petrom for RON764M
Fondul Proprietatea (FP.RO) sold its 2.8% in OMV Petrom (SNP.RO) in an about RON764 million transaction or RON0.43 per share, thus exiting the shareholder structure of the largest company on...
Fondul Proprietatea Seeks to Sell Its 3% in OMV Petrom Fast
Franklin Templeton International, the manager of Fondul Proprietatea (FP.RO), announced the start of an accelerated bookbuilding offering of its entire stake in OMV Petrom (SNP.RO), Romania’...