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Net Assets of Investment Funds in Romania Grow 6.6% in May
Capital Market

Net Assets of Investment Funds in Romania Grow 6.6% in May

The net assets of the 220 domestic and foreign open-end and closed-end investment funds operating in Romania grew 6.6% on the month in May, to RON42.3 billion (EUR8.7 billion), and declined...

Oana Gavrila · 22.06.2020 · 17:07 · 1 min
Nuclearelectrica Disconnects Cernavoda Unit 1 on June 20 for Planned Outage Program
Energy

Nuclearelectrica Disconnects Cernavoda Unit 1 on June 20 for Planned Outage Program

Romanian nuclear power plant operator Nuclearelectrica (SNN.RO) will disconnect Unit 1 at the power plant in Cernavoda from the national grid starting June 20 for a planned outage program.

Oana Gavrila · 19.06.2020 · 10:22 · 1 min
Norofert Expands to US Market, Opens Subsidiary in Ohio
Companies

Norofert Expands to US Market, Opens Subsidiary in Ohio

Organic fertilizer producer Norofert (NRF.RO) said Thursday it has opened a subsidiary in the United States in Ohio, Norofert USA, LLC.

Oana Gavrila · 18.06.2020 · 16:26 · 1 min
Agroland Considers Raising Capital and Stock Market Listing By Year-End
Companies

Agroland Considers Raising Capital and Stock Market Listing By Year-End

Agroland Business Systems, a company developed by entrepreneur Horia Cardos, which owns a chain of supermarkets catering to farmers, is considering raising its share capital via private plac...

Oana Gavrila · 18.06.2020 · 10:34 · 1 min
Blue Air, SIF1 Extend Maturity of EUR9M Bonds to Nine Months, until September
Companies

Blue Air, SIF1 Extend Maturity of EUR9M Bonds to Nine Months, until September

SIF Banat-Crisana (SIF1.RO) and Blue Air, Romania's largest private airline, have agreed to extend the maturity of Blue Air bonds totaling EUR9 million for three months.

Oana Gavrila · 17.06.2020 · 11:25 · 1 min
Romgaz Shareholders Approve RON15.7B Five-Year Investment Plan
Energy

Romgaz Shareholders Approve RON15.7B Five-Year Investment Plan

Shareholders of Romanian state-owned natural gas producer Romgaz (SNG.RO) have approved a RON15.69 billion five-year investment plan, the company said in a stock market report Tuesday.

Oana Gavrila · 16.06.2020 · 17:15 · 1 min
Pillar II Funds Assets Grow RON3.3B in May, to RON64.6B
Capital Market

Pillar II Funds Assets Grow RON3.3B in May, to RON64.6B

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, RON3.3 billion more compared with end-April, the latest d...

Oana Gavrila · 16.06.2020 · 14:29 · 1 min
Agroland Bonds Start Trading on Bucharest Stock Exchange Tuesday
Capital Market

Agroland Bonds Start Trading on Bucharest Stock Exchange Tuesday

Corporate bonds totaling RON8 million issued by Agroland Business System will start trading on the Bucharest' Stock Exchange's multilateral trading system on Tuesday, June 16, under the tick...

Oana Gavrila · 15.06.2020 · 15:09 · 1 min
Total Trade Tops EUR1B on Bucharest Stock Exchange in Jan-May
Capital Market

Total Trade Tops EUR1B on Bucharest Stock Exchange in Jan-May

The total trading value for equities and other financial instruments listed on the regulated market of the Bucharest Stock Exchange amounted to RON5.29 billion (EUR1.1 billion) in the first...

Oana Gavrila · 15.06.2020 · 13:07 · 2 min