Capital Market
Norofert Corporate Bonds Start Trading on Bucharest Stock Exchange Friday
Corporate bonds issued by organic fertilizer producer Norofert will start trading on the Bucharest Stock Exchange's Multilateral Trading System (MTS) on Friday, June 5 under the ticker symbo...
Electrica, Hidroelectrica And SAPE In Consortium to Buy CEZ Romania
Electrica (EL) intends to form a consortium with Hidroelectrica and Societatea de Administrarea a Particpatiilor in Energie (SAPE) to buy assets of CEZ Romania in what could be the largest d...
Anodin Assets Sells 9% In Prebet Aiud, Reaches 16.1% Holding; Acord Construct Alt Most Likely The Buyer
Prebet Aiud (PREB.RO), a manufacturer of precast products made of reinforced and prestressed concrete, said in a stock market announcement Wednesday that Anodin Assets, a company held by Ile...
Bittnet Becomes First IT Firm To Enter Bucharest Stock Exchange’s Regulated Market 5 Years After Listing On AeRO
Shares of Bittnet Systems (BNET.RO), a local integrator of IT&C solutions, will start trading on the Regulated Market of the Bucharest Stock Exchange (BVB) on June 3, 2020, five years after...
Compa Sibiu Extends Activity Halt Until End-June
Car parts manufacturer Compa Sibiu (CMP.RO) said Tuesday it was extending its temporary halt of activity until the end of June along with the suspension of labor contracts for part of its em...
SIF Oltenia Disposes Of Its 17.4% Holding In Prodplast For RON7.5M
Regional investment fund SIF Oltenia (SIF5.RO) said Friday in a stock market announcement that it had sold a number of 2.97 million shares held in plastic items manufacturer Prodplast (PPL.R...
Allianz Pension Funds Reach 6.5% Holding in TeraPlast
Construction materials producer TeraPlast Bistrita (TRP.RO) reported Thursday that Allianz SE, parent company of Allianz-Tiriac Pensii Private, has exceeded the 5% holding threshold followin...
Electrica Group Board Approves Merger of Its Three Distribution Companies
Romanian state-owned energy utility group Electrica (EL.RO) said Thursday its board has approved in principle the merger of its three distribution companies, part of its strategy to become a...
Florin Pogonaru Buys 10% in Prodplast for RON4.3M
Plastic items manufacturer Prodplast (PPL.RO) reported Thursday that Florin Pogonaru, head of the Romanian Businessmen Association (AOAR), holds 9.99% in the company, a stake he acquired Mon...