Capital Market
Organized Crime Dept Lifts Most Seizures Off Rompetrol Rafinare Assets
Romania's department fighting organized crime and terrorism (DIICOT) has lifted a vast majority of the precautionary measures imposed on KMG International, Oilfield Exploration Business Solu...
Electrica Increases Share Capital By RON5M, Up To RON3.46B
Romanian state-owned energy utility group Electrica (EL.RO) has increased its share capital by RON5 million, up to RON3.46 billion, through in-kind and cash contribution, by issuing 503,668...
Bucharest Stock Exchange, Second Top Performing Market in EU in Jan-Nov
The Bucharest Stock Exchange, rated as secondary emerging market by FTSE Russel, is the second top performing capital market in the European Union since the beginning of 2019, as the BET ind...
Compa Sibiu Seeks to Enter Hotel Business
Romanian car parts manufacturer Compa Sibiu (CMP.RO) is looking to enter the hotel business and register Compa Hospitality and has summoned a shareholders' meeting for January 14.
Government Seeks RON1.5B in Additional Dividends from State-Run Companies
The Finance Ministry will request about 1.5 billion lei (EUR314 million) worth of dividends from the state-run companies but does not know whether they will make the payments this year or in...
Insolvent Romcab Targu Mures Posts 53% Higher Revenue, Of RON318M, In Jan-Sept 2019
Romanian insolvent cable maker Romcab Targu Mures (MCAB.RO) ended the first nine months of 2019 with total revenue of RON318.4 million, up 53% on the year, while its loss shrank from RON269...
Bucharest Stock Exchange at 12-Year Peak Despite State of Economy
The Bucharest Stock Exchange is going through its best time since the fall of 2007 despite the concern surrounding the Romanian economy, which shows the good financial results of the listed...
Autonom Services Bonds Start Trading on Bucharest Stock Market
The euro denominated bonds issued by Autonom Services (AUT24E) start trading on the regulated market of the Bucharest Stock Exchange Wednesday.
Rothschild, Lazard and STJ Compete for Hidroelectrica Equity Adviser Position
Electricity generation company Hidroelectrica valued at EUR4.3 billion seeks to hire an international consultant to prepare it for the stock sale and listing process.