Capital Market
Fondul Proprietatea Lowers Holding in Nuclearelectrica Below 5%
Investment fund Fondul Proprietatea (FP.RO) has reduced its stake in nuclear power producer Nuclearelectrica (SNN.RO) to 4.99%, below the 5% legal reporting threshold.
Dedeman Owners Transfer 73% in Cemacon to Paval Holding
Entrepreneurs Adrian Paval and Dragos Paval, owners of DIY chain Dedeman, have transferred the 73% stake Dedeman owned in brick manufacturer Cemacon to their investment vehicle Paval Holding...
Alive Capital Raises RON10M in Private Bond Placement
Alive Capital, supplier of electricity and electrical service provider, announced Tuesday it has successfully closed a private placement for corporate bonds opened on November 23, 2020, rais...
Creditors Of Insolvent Romcab Approve Reorganization Plan
Creditors of Romanian insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO), suspended from trading since February 2017, approved the reorganization plan submitted and undertaken...
MedLife Acquires CED Pharma Pharmacy Chain
MedLife Group, the leader of the private medical services market in Romania, announced Thursday it has acquired 100% in CED Pharma group of companies.
TeraPlast Receives EUR5.8M State Aid Agreement for Biodegradable Packaging Unit
Construction material producer TeraPlast Group (TRP.RO) has received the financing agreement for the state aid project submitted in November by TeraPlast Folii Biodegradabile SRL, its biodeg...
Impact Developer & Contractor Closes Bond Private Placement Early
Real estate developer Impact Developer & Contractor (IMP.RO) announced Tuesday it has closed early its private placement of corporate bonds brokered by TradeVille.
Dent Estet Acquires Majority Stake in KronDent Brasov
Dental clinic chain Dent Estet, the largest player on the local dental services market, part of MedLife Group, has acquired the majority stake in KronDent clinic in Brasov.
MedLife Acquires Majority Stake in Wholesaler Pharmachem
MedLife Group, the leader of the private medical services market in Romania, announced Thursday it has signed the acquisition of 75% in pharmaceutical wholesaler Pharmachem Distributie SRL.