Capital Market
Agroland Agribusiness Takes Steps Towards IPO, Corporate Bond Issue
Agroland Agribusiness, part of Horia Cardos' Agroland Group, will change its status from a limited liability company to a joint-stock company, group shareholders decided Thursday.
Private Pension Assets in Romania Grow 21% in 2020
The assets managed by private pension funds (Pillar II and Pillar III) reached RON78.07 billion at the end of 2020, 21% higher compared with the end of 2019, financial regulator data showed...
Transporter TTS Preps For Stock Market Listing
Cargo transporter Transport Trade Services (TTS) is preparing for stock market listing, through an initial public offering (IPO), according to Ziarul Financiar (ZF).
OMV Petrom Seeks to Pay 136% of 2020 Profit as Dividends
OMV Petrom (SNP.RO), the biggest energy company in South-Eastern Europe and the biggest issuer on the Bucharest capital market by value, has summoned shareholders on April 27 to approve the...
Star Residence Invest Debuts On Bucharest Stock Exchange AeRO Market
Star Residence Invest shares will debut to trading, thus, the company will be the first Romanian REIT (Real Estate Investment Trust) to be listed on the AeRO market within BVB's Multilateral...
BRD Calls Shareholders To Approve Gross Dividend Of RON0.0749/Share, At 0.5% Yield
BRD Soc Gen, the third largest lender in Romania, after Banca Transilvania and Banca Comerciala Romana (BCR), has summoned its shareholders to discuss, among others, a proposition to distrib...
Bucharest Stock Market's Main Index Hits All-Time High at 10,844 Points
The Bucharest capital market, promoted to emerging market status in September last year by FTSE Russell, hit an all-time high on Tuesday as its main index, BET, broke the previous record of...
Nuclearelectrica Seeks to Distribute RON472M as Dividends
Romania's nuclear power producer Nuclearelectrica (SNN.RO), which operates the country's sole nuclear power plant, plans to distribute dividends totaling RON472 million from its 2020 profit.
Argus Constanta 2020 Net Profit Plunges 59% To RON1.97M, Turnover Drops 17% To RON168M
Vegetable oil producer Argus Constanta (UARG.RO) ended 2020 with a net profit of RON1.96 million, down 59.3% on the year, and a turnover of RON168 million, down 17.2% on the year, per calcul...