Capital Market
Paval Holding Buys 5% in Purcari Wineries
Paval Holding SRL, the investment vehicle owned by Adrian and Dragos Paval who also own DIY retailer Dedeman, has bought 5% in Purcari Wineries (WINE.RO), Purcari said in a stock market noti...
SEB Investment Management Lowers Stake in Purcari Wines
Investment fund SEB Investment Management AB of Sweden has lowered its stake in Purcari Wineries (WINE.RO) in Tuesday trading session from 8.45% to 4.81%.
SIF Transilvania Proposes Gross Dividends of RON0.02/Share
Regional investment fund SIF Transilvania (SIF3.RO) has summoned shareholders for April 28 to approve a gross dividend of RON0.02 per share from its 2019 net profit.
Orsova Shipyard Seeks to Pay RON2.74M Dividends from 2019 Profit
Romanian shipyard Santierul Naval Orsova (SNO.RO), held by three financial investment funds (SIFs), summoned its shareholders for April 10 to approve the distribution of RON2.74 million as d...
Hidroelectrica Holds New Tender for Equity Adviser
Romanian state-owned power producer Hidroelectrica has reprised the selection process for equity advisory services in view of an initial public offering under a RON8.4 million contract after...
Iproeb Bistrita Net Profit Declines 28% in 2019, to RON2.9M
Romanian cable maker Iproeb Bistrita (IPRU.RO), listed on the alternative trading system AeRO of the Bucharest Stock Exchange, said Thursday its net profit declined 28% in 2019, to RON2.9 mi...
Libra Internet Bank To Sell EUR10M Bonds Via Private Placement
Lender Libra Internet Bank on Tuesday said it will carry out, through brokerage firm Tradeville, a private placement of bonds in the amount of EUR10 million, with the possibility of increasi...
SIF Banat-Crisana Assets Grow 19.3% To RON2.9B, Net Profit Doubles To RON159M YoY In 2019
Regional investment fund SIF Banat-Crisana (SIF1.RO), had total assets of RON2.9 billion end-2019, 19.3% higher than at the end of 2018, and a net profit of RON159 million, 106% higher than...
Bucharest Stock Exchange Ends Last Week Of February With 10.5% Decline
The last week of trading in February saw the Bucharest Stock Exchange main index BET drop 10.5%, the most abrupt decline since December 2018, when the investors were knocked out by Ordinance...