Capital Market
Banca Transilvania Raises Share Capital to RON5.2B
The board of Banca Transilvania (TLV.RO), the largest lender in Romania by assets, has approved a share capital raise by RON172,665, to a total of RON5.216 billion, by issuing 172,665 new sh...
Prodplast Turnover Grows 63% in 1H/2019, to RON38M
Plastic items manufacturer Prodplast (PPL.RO) reported a consolidated turnover of RON38 million in the first half of the year, up 63% compared with the same period of 2018.
MedLife Signs EUR90M Syndicated Loan for New Acquisitions
MedLife, the leader of the private medical services market in Romania, said Friday it has signed a EUR90 million syndicated facility, which includes the increase of its existing facilities b...
Romania Promoted to Emerging Market Status Effective Sept 2020
Global index provider FTSE Russell has promoted Romania to Emerging Market from Frontier Market status, three years after the country was added to the Watch List. The reclassification of the...
Romgaz Shareholders Approve Acquisition Of 20% Stake In Greek Firm Gastrade
Shareholders of Romania’s largest natural gas producer Romgaz Medias (SNG.RO) on Thursday approved the acquisition of 20% of the shares of Greek natural gas company Gastrade, according to a...
Transgaz To Pay Additional Dividends To The State If It Fails To Fulfil Its 2019 Investment Commitments
Romania's natural gas transmission company Transgaz (TGN.RO) must submit a report in December regarding the fulfilment of its investment pledges for 2019 and of the amounts committed or the...
ROCA Plans Bucharest Stock Exchange IPO
ROCA, the first platform investing in the management of Romanian companies in distress, plans to issue an initial public offering on the Bucharest Stock Exchange, its CEO Rudolf Vizental sai...
Electrica Seeks Shareholder Approval to Recover RON235M Damages
Romanian state-owned energy utility group Electrica (EL.RO) will seek shareholder approval to file civil action against 18 former managers and six former executives to recover damages totali...
SIF Transilvania To Pay RON26M Dividends, At 4% Yield, As Of Oct 24, 2019
Romanian regional investment fund SIF Transilvania (SIF3.RO) on Tuesday said the dividends distributed from the net profit of the financial year 2018 will be paid starting October 24, 2019,...