Capital Market
MedLife Acquires Lotus Hospital in Ploiesti
MedLife Medical System, the leader of the private medical services market in Romania, announced Monday it has acquired 100% of the shares of the Lotus Hospital in Ploiesti.
Electromagnetica Reappoints Eugen Scheusan as General Manager
Romanian electric and electronic equipment maker Electromagnetica București (ELMA.RO) has renewed the mandate of Eugen Scheusan and company general manager and president of the board of dire...
Swiss Capital Becomes Shareholder Of Mecanica Rotes Targoviste, With 25.6% Holding
Welding-cutting equipment producer Mecanica Rotes Targoviște (METY.RO) on Friday notified the Bucharest Stock Exchange of a transaction of October 14 whereby brokerage firm Swiss Capital, th...
SIF Banat-Crisana To Carry Out Public Offering To Buy 3.6% Of Its Share Capital, For RON47M
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) will carry out, between October 22 and November 4, a public offering to buy shares, representing 3.6% of its share capital, wort...
Fondul Proprietatea Lowers Share Capital by RON773M, to RON3.9B
Investment fund Fondul Proprietatea (FP.RO) has notified the Bucharest Stock Exchange of a reduction in share capital by RON773.7 million, to RON3.9 billion, approved by shareholders in Apri...
Romania Private Pension Funds Had Assets of RON57.43B in 1H/2019
The assets managed by private pension funds (Pillar II and Pillar III) reached RON57.43 billion (EUR12.13 billion) in the first half of 2019, from RON45.6 billion in the first half of 2018,...
Banca Transilvania Group Buys Private Pension Fund Certinvest Pensii
Banca Transilvania Financial Group said Friday it was expanding its financial services into private pension territory by acquiring 100% of voluntary private pension fund Certinvest Pensii.
Lorimer Ventures Plans To Sell Its Stake In Purcari Wineries In Accelerated Book Building
Cyprus-based Lorimer Ventures Limited, which owns a 22.6% stake in winemaker Purcari Wineries said it plans to sell its stake through an accelerated book building (ABB) process which does no...
Zentiva Appoints New Provisional Director
Pharmaceutical producer Zentiva (SCD.RO), owned by Czech Zentiva Group, said Tuesday it has appointed Kenneth Lynard as provisional director as of October 1, following the resignation of Ble...