Capital Market
OMV Petrom Approves RON1.75M Dividend Payments
Shareholders of oil and gas company OMV Petrom (SNP.RO), the most valuable company on the Bucharest Stock Exchange, decided Monday to approve the distribution of gross dividends of RON0.031...
Nuclearelectrica Approves RON498.4M in Dividend Payments
Romania's state-owned nuclear power producer Nuclearelectrica (SNN.RO) on Monday decided the distribution of gross dividends in the total amount of RON498.4 million, representing a gross div...
Transgaz Approves RON182M Dividends from 2019 Profit
Romania's natural gas transmission company Transgaz (TGN.RO) on Monday approved the distribution of dividends totaling RON182.1 million from its 2019 profit, the company said in a stock mark...
Electroarges Working With Dacia Renault And University Of Pitesti On Mechanical Ventilator For Hospitals
Vacuum cleaner manufacturer Electroarges (ELGS.RO) in Curtea de Arges is working on building a mechanical ventilator and an air filtering device for medical personnel.
Sphera Group CEO Georgios Argentopoulos Resigns
Sphera Franchise Group (SFG.RO), which manages restaurants under the KFC, Pizza Hut and Taco Bell brands, announced Friday its CEO Georgios Argentopoulos has resigned effective April 23.
Medlife Seeks to Buy Back 1.77 Million Own Shares
Medlife, the leader of the private medical services market in Romania, seeks to buy back a maximum of 1.77 million own shares within 18 months at RON10-50 per share, according to a decision...
SIF Muntenia Shareholders Reject Dividends From 2019 Profit; OK RON42M Share Repurchase Program
Shareholders of regional investment fund SIF Muntenia (SIF4.RO) on Thursday approved the distribution of the entire profit for 2019, in the amount of RON111.9 million, to other reserves in o...
BRD Shareholders Reject Dividends From 2019 Profit; OK Allocation Of RON1.5B Net Profit To Retained Earnings
Shareholders of Romanian lender BRD SocGen (BRD.RO) on Thursday approved the proposal of the lender’s majority shareholder Societe Generale, with a 60.16% holding, regarding the allocation o...
TeraPlast Group Posts 85% Growth in Profit in 1Q/2020
TeraPlast Group, the largest Romanian producer of construction materials, on Thursday reported a turnover of RON208.9 million for the first quarter of 2020, up 20% on the year, and a net pro...