Capital Market
Fondul Proprietatea Ends 2020 With RON103M Loss And RON10.3B Assets
Romanian property restitution fund Fondul Proprietatea (FP.RO) ended 2020 with a loss of RON103 million and total assets of RON10.3 billion, down 8.6% compared with the end of 2019, per calc...
MedLife CEO Sells 300,000 Company Shares For RON3.4M
Mihai Marcu, Chief Executive Officer and majority shareholder of private medical services provider MedLife, sold a total 300,000 shares in the company on January 11, 2021, within a transacti...
Fondul Proprietatea Gets Shareholder Approval For Extension Of Its Duration Until December 31, 2031
Shareholders of Romanian property restitution fund Fondul Proprietatea (FP.RO) on Thursday approved the extension of the duration of the Fund until December 31, 2031.
NN Pensii Invested in eMag Owner Prosus, Payment Processor, Pharmaceutical Company in Q3, 2020
NN Pensii, the largest Pillar II pension fund in Romania, bought into Prosus, which owns eMAG, the largest online retailer in Romania, with 127 million lei and invested RON97 million in Fren...
Farmaceutica Remedia Buys Back 10% Of Its Own Shares In RON6.4M Deals
Pharmaceutical distributor Farmaceutica Remedia Deva (RMAH.RO) said Wednesday in a stock market report that Valentin Norbert Tarus, the company’s CEO and majority shareholder, and SC Tarus M...
European Commission Approves TeraPlast's Sale of Steel Division to Kingspan
The European Commission approved on January 12 the sale of TeraSteel and Wetterbest to Kingspan Group, TeraPlast Group announced Wednesday.
Pillar II Pension Funds Reach RON75B in Net Assets in 2020
The assets managed by the seven private pension funds operating on Romania's mandatory segment (Pillar II) reached RON75.14 billion at the end of 2020, with RON13 billion amassed in 2020 alo...
Vrancart Adjud Gets RON40M State Aid for Recycling Project
Corrugated cardboard and toilet paper producer Vrancart Adjud (VNC.RO), owned by SIF Banat-Crisana and Paval Holding, announced Monday it was selected for Ron40 million state aid to invest i...
NN Group Raises Holding in OMV Petrom to 5.03%
NN Group and the pension funds it manages have raised their holding in oil and gas company OMV Petrom (SNP.RO) to 5.03%, Petrom said in a stock market report Thursday.