Capital Market
Antibiotice Iasi To Provide Antibiotic Used in Covid Treatment to EU
Antibiotice Iasi (ATB.RO), the largest pharmaceutical producer in Romania, has won a tender held by the European Commission to supply necessary stock for the second wave of the Covid pandemi...
Mandatory Private Pension Funds Assets Reach RON69.82B End-September
The seven private pension funds operating the mandatory segment in Romania, known as Pillar II, had assets totaling RON69.82 billion at the end of September, up 12.67% since the beginning of...
Romcarbon Sells Land in Iasi for EUR250,000
Romcarbon (ROCE.RO), one of the major plastic packaging producers in Romania, said Wednesday it has agreed to sell a plot of land in Iasi to Office & Logistic for EUR250,000 net of VAT.
Bittnet To Acquire 25% in Softbinator Technologies for $2M
Bittnet Systems, a local integrator of IT&C solutions, said Tuesday it has successfully negotiated the acquisition of 25% in Softbinator Technologies for an estimated $2 million.
SIF Transilvania Gets RON40M Loan From Banca Transilvania To Pay Out Dividends
Romanian regional investment fund SIF Transilvania (SIF3.RO) has contracted a loan of RON40 million from lender Banca Transilvania, which will be used exclusively for the payment of dividend...
Ready Office Rent Bonds Debut on Bucharest Stock Exchange Tuesday
Bonds issued by real estate leasing and sub-lease company Ready Office Rent (ROR22) will start trading on the market segment dedicated to bonds of the Bucharest stock market's Multilateral T...
SIF Moldova Starts Buy-Back Program Totaling RON3.2M
Regional investment fund SIF Moldova (SIF2.RO) has initiated the first stage of a buy-back program in which it seeks to buy maximum 2 million of its own shares in the period October 12-Decem...
US Imposes Anti-Dumping Tariff of 84% on Alro's Aluminum
The United States Department of Commerce has determined an anti-dumping tariff of 83.94% on aluminium sheets made by Romania's Alro SA (ALR.RO) applicable immediately, the company said in a...
Transelectrica Supervisory Board Extends Provisional Members' Terms by Two Months
The supervisory board of Romanian state-owned power grid operator Transelectrica (TEL.RO) has extended the mandates of current provisional Directorate members by two months.