Capital Market
Romanian Capital Market Sees 18% Annual Growth in February
The Romanian capital market posted nearly 18% growth in the past year and nearly a quarter of the growth rate was achieved in January and February 2021, Bucharest Stock Exchange data showed...
Bucharest Stock Exchange, IFC Ring the Bell for Gender Equality
International Finance Corporation (IFC), a member of the World Bank Group, and the Bucharest Stock Exchange, mark International Women's Day on Monday with an event advocating gender equality...
MedLife Completes Acquisition of Veridia Medical Center in Bucharest
MedLife (M.RO), the leader of the private medical services market in Romania, said Friday it has completed the acquisition of the Veridia Medical Center in Bucharest, known as Basarab Medica...
Braiconf Braila Seeks to Relocate Factory, Sell Land to Kaufland
Romanian apparel manufacturer Braiconf Braila (BRCR.RO) plans to relocate its factory in Braila and sell the factory's 10,000-square-meter land to retailer Kaufland for over EUR7 million.
Electrica Net Profit Grows 87.5% in 2020, to RON388M
Romanian state-owned energy utility group Electrica (EL.RO) on Friday reported a consolidated net profit of RON388 million for 2020, 87.5% higher compared with 2019.
Evergent Investments Seeks to Buy Back 8.3 Million Shares for RON13M
Romanian regional investment fund Evergent Investments (formerly SIF Moldova) seeks to buy back approximately 8.3 million of its own shares at a price of RON1.6 per share, it said in a marke...
Industrial Developer CTP Plans IPO on Amsterdam Stock Market
Industrial park developer CTP, a top five European logistics property company and the largest logistics property owner-developer in Central and Eastern Europe, announced Thursday it is plann...
US Reduces Anti-Dumping Tariff on Alro's Aluminum to 37.2% from 84%
The United States Department of Commerce has lowered an anti-dumping tariff on aluminum sheets made by Romania's Alro SA (ALR.RO) from nearly 84% to 37.26%, the company said in a statement T...
Romcab Seeks to Return to Trading with RON151M Debt after Reorganization
Romanian insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO), suspended from trading since February 2017, has had its reorganization plan approved by a syndic judge and seeks t...