Capital Market
OMV Petrom Proposes RON0.0270/Share Dividend For 2018 Financial Year
OMV Petrom (SNP.RO), the most valuable company listed on the Bucharest Stock Exchange, proposes a gross dividend of RON0.0270/share for the 2018 financial year, which equals an 8% yield, con...
OMV Petrom 2018 Consolidated Sales Up 16% To RON22.5B, Net Profit Up 64% To Over RON4B
Romania's oil and gas company OMV Petrom (SNP.RO) on Wednesday said its consolidated sales for 2018 amounted to RON22.523 billion, up 16% compared to 2017, driven by higher commodity prices...
Medlife Expands Outside Romania Buying Majority Stake in Rozsakert Medical Center in Hungary
Medlife,the leading private healthcare provider in Romania, on Wednesday announced it has acquired 51% of the Rozsakert Medical Center Group of companies in Hungary, its first acquisition ou...
Bucharest Stock Exchange To Contribute EUR10M Tops To Share Capital Of Future Central Counterparty
The Bucharest Stock Exchange (BVB) on Tuesday said it will contribute EUR10 million at most to the share capital of a future joint-stock company, called CCP, which will operate as a central...
MedLife Invests Some EUR5M in Hungary
MedLife (M.RO), the largest actor on the private medical service market in Romania, will take its first step abroad and is in advanced talks to buy a medical company in Hungary in an about E...
Uztel Ploiesti Shareholders Approve Contracting of RON9.5M Loans
Shareholders of Romanian oilfield equipment manufacturer Uztel Ploiesti (UZT.RO) on Monday approved company plans to contract two loans totaling RON9.5 million from First Bank to refinance a...
Medlife Raises Stakes in SAMA Craiova and PDR Brasov
MedLife, the leading private healthcare provider in Romania, on Monday announced its has bought an additional 35% in the SAMA group of companies in Craiova and 3% of PDR Brasov group, raisin...
Boromir Withdraws From Bucharest Stock Exchange On January 21
The shares of Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO) will be withdrawn from trading on the Bucharest Stock Exchange, starting January 21.
Oltchim Left with 177 Employees after Asset Sales
State-owned chemical plant Oltchim Ramnicu Valcea (OLT.RO) currently has 177 employees after selling most of its assets to Chimcomplex Borzesti and Dynamic Selling Group in December 2018.