Capital Market
Teraplast Bistrita GM Buys RON40,000 Worth Of Company Shares
Alexandru Stanean, the general manager of construction materials and plastic materials manufacturer Teraplast Bistrita (TRP.RO), said in a stock market announcement that he bought 138,518 sh...
Banca Transilvania Plans To Acquire Microinvest in Republic of Moldova
Banca Transilvania, Romania's largest lender by assets, plans to acquire 100% of the share capital of Microinvest, which specializes in financing small businesses and is the leader of the no...
Bucharest Stock Exchange Main Index BET Overshoots 10,000-Point Mark For First Time Since 2007
Bucharest Stock Exchange’s main index BET overshot the 10,000-point mark on January 13, 2020, for the first time since October 2007, ZF has found from Bucharest Stock Exchange data.
Swiss Capital Buys RON45,200 Worth Of Impact Developer & Contractor Shares; Reaches 12% Holding
Swiss Capital, FDI Active Dinamic, an investment fund managed by Swiss Capital Asset Management, and Sorin Apostol, the representative of the internal control department of Swiss Capital and...
Proinvest Pascani Seeks to Raise EUR30M with Bond Issue on Bucharest Stock Exchange
Steel processing company Proinvest Pascani of entrepreneur Vasile Sandu is working on a EUR30 million bond issue to be listed on the Bucharest Stock Exchange, as part of a EUR100 million inv...
Finance Minister Pledges to Raise Private Pension Contributions to 6% in 2021
Romania's government will raise contributions to mandatory private pensions (Pillar II) to reach 6% of contributors' gross wage from the current share of 3.75%, finance minister Florin Citu...
Holde Agri Invest Eyes Investments Of Over EUR50M In Business Development
Local entrepreneurial company Holde Agri Invest, which operates farmland, expects investments of over EUR50 million in developing its business. Its main target is to operate a portfolio of a...
Fondul Proprietatea Seeks to Buy Back 200 Million Shares
Fondul Proprietatea, one of the largest issuers on the Romanian capital market and minority holder in various major state companies, said Tuesday it plans to buy back 200 million of its own...
Electroputere Craiova Denies Production Halt, Says No Decision Was Made
Romanian power transformers producer Electroputere Craiova on Tuesday denied plans to shut down production saying no decision was made in this respect by the board of directors.