Capital Market
OMV Petrom Shareholders Approve RON2.5B Special Dividends
Shareholders of OMV Petrom (SNP.RO) approved at the Ordinary General Meeting on July 26, 2022 the management's proposal to distribute special dividends because of the company's strong financ...
SIF Oltenia Wants RON42M from Eximbank to Sell Its Stake in It
SIF Oltenia (SIF5) has notified the capital market of its steps to withdraw from the shareholder structure of Banca de Export-Import a Romaniei (Romania's Export-Import Bank) EximBank, accor...
SIF Banat-Crisana Increases Stake in Compania Hoteliera Intercontinental Romania
Regional investment fund SIF Banat-Crisana (SIF1.RO) has increased its stake in Compania Hoteliera Intercontinental Romania, which owns the Grand Hotel Bucharest formerly Intercontinental, f...
ArcelorMittal Hunedoara Reduces Activity Due to Lack of Orders
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...
Nuclearelectrica Signs First Contract for Refurbishment of Cernavoda Unit 1
Nuclearelectrica (SNN.RO),the only nuclear power producer in Romania, has announced the advancement of the Unit 1 Refurbishment Project by signing the first contract with Candu Energy, membe...
Romania to Account for Almost 9% of Polyol Production in Europe, after Chimcomplex Investment
Chimcomplex (CRC.RO), Romania's largest chemical plant with industrial sites in Onesti and Ramnicu Valcea, has inaugurated a production installation for special polyols on the Oltchim site,...
Insurance, Private Pension and Capital Market Assets Double in 2014-2022
The assets of the three non-bank financial markets in Romania – the insurance market, the private pension market and the capital market doubled from 2014 through the end of 2021, the Financi...
Transgaz Gets RON300M Loan from Raiffeisen Bank
Transgaz (TGN.RO), the natural gas grid operator in Romanian handling 90% of the natural gas used in the country, has recently obtained a RON300 million loan from Raiffeisen Bank, the compan...
Trading on Bucharest Stock Exchange and Multilateral Trading System up 28% to RON6.36B in Q1
The Romanian capital market was influenced by the shock of the war in Ukraine, but the impact was smaller than the crisis generated by the emergence of the COVID 19 pandemic, and in the long...