Capital Market
Antibiotice Iasi Approves RON20M Dividends: 5.6% Yield
Shareholders of state-owned Antibiotice Iasi (ATB.RO), one of the leading pharmaceutical manufacturers in Romania, on Thursday approved the distribution of a gross dividend of RON0.029879738...
BRD Completes Shareholder Meeting Agenda With Societe Generale’s Proposal To Allot 2019 Profit To Retained Earnings
The Board of Directors of Romanian lender BRD SocGen (BRD.RO) has completed and republished the agenda of the Ordinary General Meeting of Shareholders of April 23 with the proposal of the le...
Vivre Deco’s EUR3.5M Corporate Bonds To Start Trading On Bucharest Stock Exchange April 10
The Bucharest Stock Exchange on Thursday said the EUR3.45 million corporate bonds issued by Vivre Deco, one of the largest online home and deco retailer in Central and Eastern Europe, will s...
Fondul Proprietatea Wants Restructuring Of Romaero’s Historic Budget Debts Amassed In Last 11 Years
Romanian investment fund Fondul Proprietatea has required that the shareholders of aircraft parts maker Romaero Bucuresti (RORX.RO) also discuss in their general meeting the restructuring of...
SIF Transilvania Proposes Introduction of 10% Ownership Threshold Of Share Capital
The Board of Directors of regional investment fund SIF Transilvania (SIF3.RO) has summoned the Fund's shareholders on May 11, 2020 to approve, among others, the introduction of a 10% ownersh...
PwC Romania: Bucharest Stock Exchange Loses EUR13B Of Its Capitalization Since Start Of 2020
The Bucharest Stock Exchange (BVB) has lost 34% (EUR13 billion) of its stock capitalization since the start of 2020, after a 23.4% increase in 2019, the best performance of the local market...
NN Pension Funds’ Ownership In Banca Transilvania Tops 10%
Banca Transilvania (TLV.RO), Romania's largest lender by assets, said Monday in a stock market announcement that NN private pension funds have reached an ownership of 10.06% of the lender’s...
Financial Watchdog Assures Private Pensions Are Safe Despite Market Turbulence
Romanian's private pension contributions are safe as the system is built for the long run, with 30-40 years of saving and balanced and cautious investment plans, which shields it from short-...
Coronavirus Crisis Depreciates Pension Fund Assets
Assets managed by mandatory private pension funds in Romania have depreciated 6.7% on average in January-March due to market shocks caused by the coronavirus pandemic, the Romanian associati...