Capital Market
OMV Petrom Raises RON446M from Investors in Share Capital Increase
OMV Petrom (SNP.RO), the only local oil and gas producer, has announced the completion of its share capital operation, which enabled it to raise RON446 million from investors, the company sa...
Franklin Templeton Recommends FP Shareholders to Vote for Dual Listing of Hidroelectrica
Franklin Templeton, the manager of Fondul Proprietatea (FP.RO), recommends shareholders such as Pillar II pension funds, mutual funds and Silver Point Capital, to vote for a dual listing of...
Stocks See Correction In September 2022 As Volatility Returns To Capital Markets
Stock indices posted sharp declines in September 2022, sending most international equity markets into correction territory at the end of the first nine months as investors’ fears about risin...
Port Operator Comvex Constanta to Pay RON21.6M Dividends from 2021 Profit
Port operator Comvex Constanta (CMVX.RO) plans to disburse RON21,572,871 dividends from its 2021 recorded and undistributed profit, the company said in a report to the Bucharest Stock Exchan...
Nemo Express Files for Insolvency
Parcel delivery company Nemo Express Logistic (Nemo Express) filed for insolvency on October 11, 2022, with two creditors – Capital Fleet Services SA and Premium Store SRL joining the move,...
BICO Industries Buys 55% in Reinforcing Mesh Maker Europlas
Fiberglass mesh manufacturer BICO Industries, controlled by the ROCA Industry holding company (ROC1.RO, Holdingrock1 at the Trade Register), signed two contracts to buy 55% of the share capi...
Sadalbari Buys RON1.4M Worth Of Romcab Shares; Reaches Nearly 77% Ownership Stake
Sadalbari SRL, the majority shareholder of Romanian insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO), on Tuesday (Oct 11) bought a total 9.15 million Romcab shares in a tran...
BCR Lists New Bond Issue Worth RON334M On October 12
Banca Comercial Romana (BCR) has listed on Wednesday (October 12) a new issue of corporate bonds, worth RON334 million, under the stock ticker BCR28C.
Fondul Proprietatea Shareholders to Vote on Hidroelectrica Listing on Bucharest Stock Exchange Only
Franklin Templeton International, the manager of Fondul Proprietatea (FP.RO), has announced the addition of a new item on the agenda of the Ordinary and Extraordinary General Meetings of Sha...