Capital Market
Romania To Cancel Deal with China for Nuclear Reactor Builds
Romania's government has officially requested nuclear power producer Nuclearelectrica to end a preliminary deal with China General Nuclear Power Corporation for the construction of two nucle...
NN Pension Funds Hold 11.63% in TeraPlast
Construction materials producer TeraPlast Bistrita (TRP.RO) reported Wednesday that Dutch group NN has exceeded the 10% holding threshold in the company via three pension funds.
Financial Watchdog Approves Agroland Bonds for Trading
Romania's financial supervisory authority on Wednesday approved the registration of corporate bonds totaling RON8 million issued by Agroland Business System in view of trading on the Buchare...
Bittnet to Switch from AeRO to Regulated Market on June 3
The Bucharest stock exchange's board of governors on Monday approved the listing of Bittnet Systems (BNET.RO), a local integrator of IT&C solutions, on the regulated market starting June 3.
Conpet Ploiesti Seeks to Invest RON3M in Solar Power Production
Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) seeks to invest RON3 million to install solar power production capabilities in five of its locations, according to its 2020-2025...
Pension Pillar II Assets Grow 18.4% YoY in April, to RON61.87B
Assets managed by mandatory private pension funds (Pillar II) in Romania stood at RON61.87 billion at the end of April, up 18.4% compared with April 2019 and up 192.46% compared with five ye...
STJ Advisory Group To Provide Advisory Services In View Of Hidroelectrica IPO
Romanian state-owned power company Hidroelectrica said Wednesday it has selected STJ Advisory Group to provide equity advisory services in view of an initial public offering (IPO), within a...
Antibiotice Iasi Extends CEO's Mandate For Four Years
Shareholders of state-owned Antibiotice Iasi (ATB.RO), one of the leading pharmaceutical manufacturers in Romania, on Wednesday approved the extension of the mandate of the company's executi...
Bittnet Gets Financial Regulator Approval to Trade on Bucharest Stock Exchange Main Market
Romania's financial regulator on Wednesday approved the prospectus for shares issued by Bittnet Systems (BNET.RO) to be traded on the Bucharest Stock exchange main market.