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Swiss Capital Asset Management Reaches 5.24% Holding Of Voting Rights Of SIF Oltenia
Capital Market

Swiss Capital Asset Management Reaches 5.24% Holding Of Voting Rights Of SIF Oltenia

Regional investment fund SIF Oltenia (SIF5.RO) said Tuesday in a stock market report that closed-end investment fund Active Plus managed by Societatea de Administrare de Investiții (SAI) Swi...

Ecaterina Craciun · 22.09.2020 · 21:07 · 1 min
OMV Petrom Revises Down Oil Price Assumptions
Companies

OMV Petrom Revises Down Oil Price Assumptions

OMV Petrom, the largest energy company in South-Eastern Europe, has revised its medium and long-term oil and electricity price assumptions leading to net impairments of around RON350 million...

Oana Gavrila · 22.09.2020 · 10:35 · 1 min
Allianz Tiriac Funds Fall Below 5% Holding Level In Banca Transilvania
Banks-Insurance

Allianz Tiriac Funds Fall Below 5% Holding Level In Banca Transilvania

Banca Transilvania (TLV.RO), the largest lender in Romania by assets, said Monday in a stock market report that the investment funds of Allianz Țiriac have dropped below the 5% holding level...

Ecaterina Craciun · 21.09.2020 · 15:13 · 1 min
Bucharest Stock Exchange Finally Promoted to Emerging Market
Capital Market

Bucharest Stock Exchange Finally Promoted to Emerging Market

Romania’s capital market will be officially promoted from frontier to secondary emerging market on Monday, September 21, 2020, in a historic decision of global provider of indexes, benchmark...

Loredana Frățilă-Cristescu · 21.09.2020 · 09:00 · 1 min
Marian Buica Elected Temporary Member Of Biofarm Board Of Directors
Companies

Marian Buica Elected Temporary Member Of Biofarm Board Of Directors

Marian Buica, general manager of regional investment fund SIF Muntenia (SIF4.RO), was elected temporary member of the Board of Directors of pharmaceuticals company Biofarm, Bucuresti and is...

Ecaterina Craciun · 18.09.2020 · 18:51 · 1 min
Compania Hoteliera Intercontinental Romania Switches To RON3M Loss In 1H/2020 Vs RON4.6M Profit In Jan-June 2019
Companies

Compania Hoteliera Intercontinental Romania Switches To RON3M Loss In 1H/2020 Vs RON4.6M Profit In Jan-June 2019

Hotel operator Compania Hoteliera Intercontinental Romania (RCHI.RO), the operator of Bucharest-based five-star Intercontinental Hotel, posted a turnover of RON9.1 million in January-June 20...

Ecaterina Craciun · 16.09.2020 · 12:25 · 1 min
Bucharest Stock Exchange Launches First ESG Project On Romanian Capital Market
Capital Market

Bucharest Stock Exchange Launches First ESG Project On Romanian Capital Market

The Bucharest Stock Exchange has launched the first Environmental, Social and Governance (ESG)-focused initiative on the Romanian capital market, which aims to provide high-level ESG insight...

Ecaterina Craciun · 15.09.2020 · 15:48 · 2 min
Turism Felix Completes Tender Offer For Purchase Of Shares; SIF Transilvania Sells 1% Stake For RON1.9M
Companies

Turism Felix Completes Tender Offer For Purchase Of Shares; SIF Transilvania Sells 1% Stake For RON1.9M

Hotel company Turism Felix (TUFE.RO), which administers a holiday compound in Baile Felix resort, near Oradea (northwest Romania), said Monday in a stock market report that it finalized the...

Ecaterina Craciun · 14.09.2020 · 17:26 · 1 min
Group Of Shareholders With 5.2% Stake In SIF Oltenia Calls Shareholder Meeting To OK Share Buyback Program
Companies

Group Of Shareholders With 5.2% Stake In SIF Oltenia Calls Shareholder Meeting To OK Share Buyback Program

A group of shareholders jointly holding 5.24% of the share capital of regional investment fund SIF Oltenia (SIF5.RO) has called a shareholders' meeting to approve the unfolding of by the com...

Ecaterina Craciun · 11.09.2020 · 17:48 · 1 min