Capital Market
OMV Petrom Assessing Sustainable Energy Projects
OMV Petrom, Romania's sole producer of oil and gas, will provide a strategy update in the second half of this year in a move towards green energy.
Purcari Shareholders Approve RON26M Dividend Payout From Accumulated Profits
Shareholders of winemaker Purcari (WINE.RO) on Wednesday (April 28) approved the distribution of dividends in the total amount of RON26 million from accumulated profits, respectively a divid...
Star Residence Invest Seeks to Raise Share Capital by RON19.2M to Fund Development
Real estate investment trust Star Residence Invest (REIT.RO) has summoned shareholders for a meeting on May 31-June 2 to approve a share capital increase by RON19.2 million to fund its furth...
OMV Petrom to Pay RON1.76B in Dividends from 2020 Profit and Reserve
OMV Petrom (SNP.RO), the biggest energy company in South-Eastern Europe and the biggest issuer on the Bucharest capital market by value, Received shareholder approval Tuesday to pay dividend...
Romgaz Shareholders Approve RON690M Dividend Payment
Romanian state-owned natural gas producer Romgaz (SNG.RO) on Tuesday received its shareholders' go-ahead for the distribution of dividends amounting to RON690 million from its 2020 profit an...
TeraPlast Seeks to Cut CO2 Emissions by Doubling Recycling Capacity
Romanian construction materials manufacturer TeraPlast Group seeks to double the recycling capacity of its TeraPlast Recycling division to 31.000 tons, leading to a reduction of up to 62.000...
Transgaz Shareholders Approve RON95.8M Dividend Payout
Romanian state-owned gas natural transmission company Transgaz (TGN.RO) received shareholder approval Tuesday to pay dividends totaling RON95.8 million from its 2020 profit.
Agroserv Mariuta Raises EUR4M From Investors In Oversubscribed Offer Brokered By BT Capital Partners
Agroserv Mariuta SA, the dairy processor of Laptaria cu Caimac, has raised RON19.4 million (EUR4 million) from stock market investors, through an offer oversubscribed 3.6 times and brokered...
MedLife Group Eyes 15% Higher Turnover, Of RON1.2B And 30% Higher Profit, Of RON81M, In 2021
MedLife Group (M.RO), the leader of the private medical services market in Romania, targets a turnover of over RON1.2 billion, on a group level, in 2021, up 15% on the year, according to its...