Capital Market
Romania Private Pension Funds Had Assets Of Over EUR11B On March 31, 2019
The assets managed by private pension funds (Pillar II and Pillar III) reached RON53.21 billion (EUR11.17 billion) at the end of March 31, 2019, up 7.28% versus December 2018, according to d...
Fondul Proprietatea Gets Financial Watchdog’s Approval For Share Repurchase Program At 13% Higher Price
Romania’s Financial Supervisory Authority (ASF) has cleared investment fund Fondul Proprietatea (FP.RO) for a program for the repurchase of 150 million shares.
Romanian Stock Exchange, Second Top Performing Market in EU in H1, 2019
Bucharest Stock Exchange, still regarded as a frontier market by the financial rating agencies, was the second top performing capital market in the European Union in the first half of 2019,...
SIF Moldova GM Liviu Doros Sells RON879,000 Worth Of Fund’s Shares
Liviu Doros, general manager of regional investment fund SIF Moldova (SIF2.RO), sold a package of 474,920 shares of the fund, on July 1, 2019, at a price of RON1.85 per share, resulting in a...
OMV Petrom Invests EUR30M in New Drilling Campaign in the Black Sea
OMV Petrom (SNP.RO),the largest Romanian energy company, started new offshore drilling campaign in the shallow waters of the Istria block in the Black Sea. Two new wells will be drilled by t...
Bucharest Stock Exchange Sees Best First Half Since 2007
The Bucharest Stock Exchange, still regarded as a frontier market by the financial rating agencies, has seen the best first half this year since the 2007, as its main index, BET, which track...
MedLife CEO Sells 1% of Company for RON7.2M
Mihail Marcu, CEO and the biggest shareholder of MedLife, the leading private healthcare provider in Romania, sold on 221,400 shares in the company on June 24 at an average price of RON32.5...
Alpha Bank Romania Covered Bonds Start Trading on Bucharest Stock Exchange Wednesday
Alpha Bank Romania listed its first covered bond issue on the Bucharest Stock Exchnage Wednesday.
Financial Supervisory Authority Delists Energy Producer Amonil Slobozia
Romania’s Financial Supervisory Authority (ASF) decided to withdraw from stock market trading the shares issued by energy producer Amonil Slobozia, effective July 1, 2019.