Capital Market
OMV Petrom Posts Loss in 3Q, 9-Mo Profit Falls 70%
OMV Petrom (SNP.RO), the biggest oil and gas company in Southeast Europe, on Thursday reported sales of RON15.1 billion for the first nine months of 2002, down 17% on the year, while net pro...
NN Pensii Targets RON2M Dividends From Compa Sibiu And Buyback Program For 9.14% Of Share Capital
NN Pensii, the largest private pension manager in Romania, calls for the distribution of RON2 million as dividends from car parts producer Compa Sibiu (CMP.RO), and for the approval of a pro...
TeraPlast Group Net Profit Grows 80% in Jan-Sept, to RON60.3M
Construction material producer TeraPlast group said Monday it recorded a net profit of RON60.3 million in the first nine months of 2020, 80% higher on the year, while its turnover grew 14%,...
FP Seeks to Buy Back 160 Million Shares
Romanian investment fund Fondul Proprietatea (FP.RO) is seeking to launch a public tender offer to buy back maximum 165 million of its own shares and has engaged Swiss Capital S.A. together...
SIF Banat-Crisana Announces Antitrust Clearance For Transaction To Fully Acquire DOOSAN IMGB
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) on Monday announced that the country’s antitrust watchdog approved the transaction whereby it acquires 99.92% of the share capit...
Teraplast Bistrita Seeks To Pay RON45M Dividends For First 9 Months Of 2020
Construction material producer TeraPlast Bistrita (TRP.RO) plans to distribute a gross dividend of RON0.026 per share for the nine-month period ended on September 30, 2020, respectively a yi...
Agroland Takes Over Avicola Mihailesti Farms
Agroland, a company developed by entrepreneur Horia Cardos, which owns a chain of supermarkets catering to farmers, has taken over egg and chicken producer Avicola Mihailesti consisting of s...
SIF Transilvania Plans EUR1M Buyback Program
Regional investment fund SIF Transilvania (SIF3.RO) will seek shareholder approval on December 4 for a share buyback program of maximum RON4.8 million (EUR1 million) to reward members of man...
Morphosis Capital Acquires Minority Stake in Dental Clinic Chain Dr. Leahu
Dental clinic chain Dr. Leahu, the second largest player on the local dental services market, has attracted an investment from Morphosis Capital Fund I Cooperatief, which acquired a minority...