Capital Market
Banca Transilvania Renews Mandates Of Management Body Members
The Board of Directors of Banca Transilvania (TLV.RO), the largest lender in Romania by assets, on Tuesday renewed the mandates of the members of its management body, considering they were a...
SIF Oltenia Head Buys RON420,000 Worth Of Fund’s Shares In A Single Trading Session
Tudor Ciurezu, the executive president of regional investment fund SIF Oltenia (SIF5.RO), has bought a package of 200,000 shares on Friday, June 14, 2019, at a price of RON2.099 per unit, ac...
24% Stock Market Gains for Those Undeterred by Ordinance 114 Introducing Taxation Changes
Investors on the Romanian stock market that started buying on December 19, 2018, one day after the Finance Ministry announced the passing of the Ordinance 114 introducing tax changes, withou...
Who Owns Banca Transilvania: Pillar II Pension Funds and SIFs Hold 30.5% in Largest Bank in Romania
The largest local institutional investors – the Pillar II pension funds, the SIF (regional investment funds) and Fondul Proprietatea, have 3.16 billion lei (EUR669 million) invested in Petro...
TeraPlast Reappoints TeraSteel CFO and CEO
TeraPlastGroup, the largest Romanian producer of construction materials, reappointed two of the Group directors for a period of 4 years: Ioana Birta, CFO, and Cosmin Patroiu, CEO of TeraStee...
BRD Gets Central Bank Approval for Board Nominations
Romania's central bank has approved the nomination of Philippe Laurent Charles Heim and Liliana Feleaga on the board of directors of lender BRD Groupe Societe Generale, the bank said in a st...
Top Asset Managers in Romania Made RON33M Profit in 2018
Erste, Raiffeisen, Banca Transilvania, BRD and NN Investment Partners, the largest investment managers in Romania, which account for 95.3% of the mutual funds market in Romania, ended 2018 w...
MedLife Seeks to Raise Credit Line by EUR15M to Continue Acquisitions
MedLife, the leading private healthcare provider in Romania, seeks to raise its syndicated credit line by EUR15 million and continue its local and regional acquisition plan, the company said...
Transgaz Rejects Government Request for Higher Dividends
Shareholders of natural gas transmission company Transgaz (TGN.RO), which is 58.5% owned by the Romanian state, on Thursday approved a gross dividend per share of RON21.66 and rejected the g...