Capital Market
SIF Oltenia Signs RON30M Credit Agreement With Banca Transilvania To Pay Dividends To Shareholders
Romanian regional investment fund SIF Oltenia (SIF5.RO) on Monday said it signed a credit agreement for the amount of RON30 million, due on December 25, 2020.
Clearstream To Link Romanian Equities to its Network on July 1, 2020
Clearstream, Deutsche Börse Group’s international central securities depository (ICSD), will connect local Romanian equities to its international network on July 1, providing easier access t...
OMV Petrom Continues Expansion, Wins Bid for Black Sea Offshore License in Georgia
OMV Petrom, the largest energy company in South-Eastern Europe, has won an international open bid for the Black Sea block II license in Georgia, covering some 5,282 square km, the company co...
TeraPlast Reappoints Alexandru Stanea as CEO for Four Years
TeraPlast Group, the largest Romanian producer of construction materials, said Friday it has reappointed its CEO Alexandru Stanean for a period of four years starting July 2, 2020.
Practic Bucuresti Seeks Shareholder Approval For Payment Of RON10M Dividends
The Board of Directors of real estate developer Practic Bucuresti (PRBU.RO) has summoned the company’s shareholders on July 27 to approve the distribution of RON10 million as dividends from...
SIF Muntenia Buys RON7.2M Worth Of Shares Issued By Voluthema Property Developer
Romanian regional investment fund SIF Muntenia (SIF4.RO) said in a stock market statement that it bought 907,145 shares issued by Voluthema Property Developer, worth a total RON7.22 million....
MAM Bricolaj Eyes Stock Market Listing; Seeks To Raise EUR2M From Investors By Selling 25% Of Its Shares
MAM Bricolaj, a supplier of materials and accessories for furniture, held by the Gavan Family, seeks to list its shares on the Bucharest Stock Exchange this fall, by selling a 25% stake, and...
Electrica Acquires Stanesti Solar Farm in Southern Romania
Electrica Furnizare S.A., part of state-owned utility group Electrica, said Tuesday it has signed a share purchase agreement with Raylexo Limited and Long Bridge Management for the acquisiti...
Hidroelectrica Minority Shareholder Says Buying CEZ Assets Would Affect Listing
Fondul Proprietatea (FP.RO), which owns 20% in state-owned power producer Hidroelectrica, said Tuesday the government shouldn't approve the company's request to submit a binding bid for CEZ'...