Capital Market
Pillar II Funds Assets Grow to RON64.6B in May
The seven pension funds operating on the mandatory segment known as Pillar II had total assets of RON64.6 billion at the end of May, RON2.7 billion higher compare with end-April, data from t...
Mammoth Deal With SIF Banat-Crisana Shares: 1.8% Stake Sold Within Three Deals Worth RON21M
A total 9.55 million shares of regional investment fund SIF Banat-Crisana (SIF1.RO), or 1.8% of the total number of shares, were sold Friday within three DEAL-type transactions worth RON21 m...
Antibiotice Iasi Enters US and UK Markets with Covid-19 Medication
Antibiotice Iasi (ATB.RO), the largest pharmaceutical producer in Romania, has entered the US and UK markets with new medicines for Covid-19 by attending and winning tenders in the US and UK...
Ileana Popescu, Second Largest Shareholder In Norofert, Sells RON95,600 Worth Of Company Shares
Organic fertilizer producer Norofert (NRF.RO) said that Ileana Popescu, the second largest shareholder in the company, with a 20.7% stake, had sold 4,382 NRF shares, or 0.22%, for RON95,600,...
Uzuc Ploiesti Buys 94.4% in Sistemplast from Oltchim
Romanian industrial equipment manufacturer Uzuc Ploiesti (UZC.RO), indirectly owned by businessman Stefan Vuza, said Tuesday it has acquired 94.4% in Sistemplast from Oltchim Ramnicu Valcea...
Transgaz Seeks RON300M Working Capital Loan
Romania's natural gas transmission company Transgaz (TGN.RO) plans to borrow RON300 million for a two-year period to finance its working capital.
Report: Nuclearelectrica, Banca Transilvania Meet FTSE Russell Liquidity Criteria In June, A Prerequisite For Promotion To Secondary Emerging Market
Analysts with BT Capital Partners, part of Banca Transilvania financial group, said in a report drafted on July 1, 2020 that nuclear power plant operator Nuclearelectrica and lender Banca Tr...
Fondul Proprietatea Extends BRD Credit Facility for Two Years
Romanian investment fund Fondul Proprietatea (FP.RO) has decided to extend an existing credit facility from BRD Groupe Societe Generale for two additional years.
MedLife Buys Additional 7% in Genesys Arad, Reaches 68% Holding
MedLife, the leader of the private medical services market in Romania, said Tuesday it has bought an additional 7% stake in Genesys Arad, one of the largest private medical service providers...