Capital Market
Dentons Europe to Provide Legal Services in View of Hidroelectrica IPO
Romanian state-owned power company Hidroelectrica said Thursday it has selected Dentons Europe SPARL to provide legal services in view of an initial public offering.
Raiffeisen Bank To List 10-Yr Bonds totaling RON480M on Bucharest Stock Market
Lender Raiffeisen Bank will list subordinated bonds totaling RON480 million on the Bucharest Stock Exchange on May 14. The bonds have ten-year maturity and an interest pf 3.5% plus a three-m...
Carbochim 1Q Revenues Down 6.6%, to RON8.17M
Industrial abrasives manufacturer Carbochim, indirectly owned by businessman Iulian Dascalu, reported revenues of RON8.17 million in the first quarter of 2020, down 6.6% on the year, and a n...
SIF Oltenia Announces Changes In Management Structure
Romanian regional investment fund SIF Oltenia (SIF5.RO) said Tuesday in a stock market report that Radu Hanga, the president of the Bucharest Stock Exchange, has resigned from the position o...
Bucur Obor Turnover Grows 4.8% YoY To RON8.4M In 1Q/2020
Bucur Obor company (BUCU.RO), which owns the Bucur Obor shopping center in Bucharest, ended the first quarter of 2020 with a net profit of RON2.97 million, slightly higher than RON2.96 milli...
Banca Romaneasca Grants RON1.48M Loan To Rexton Group For Production Of Protective Masks, Coveralls
Ploiesti-based Rexton Group has received an investment loan of RON1.48 million and a credit line from lender Banca Romaneasca in order to finance its RON1 million working capital.
Artprint Corporate Bonds Start Trading On Bucharest Stock Exchange On May 4, 2020
The corporate bonds issued by Artprint Bucharest, the first private printing house established after 1990 in Romania, will start trading on the Multilateral Trading System (MTS) of the Bucha...
SIF Transilvania Approves RON76.8M Dividends, At 11.3% Yield
Shareholders of regional investment fund SIF Transilvania (SIF3.RO) have approved the distribution of dividends in the amount of RON76.8 million, representing a gross dividend of RON0.0355 p...
Zentiva Romania Posts RON46.3M Profit in 2019
Pharmaceutical producer Zentiva Romania (SCD.RO), 95.9% owned by Czech Zentiva Group, said Thursdy its turnover grew 16% in 2019, to RON535.4 million, and it made a profit of RON46.3 million...