Capital Market
Nuclearelectrica Approves Dividends of RON485.4M
Shareholders of Romania's state-owned nuclear power producer Nuclearelectrica on Monday approved the distribution of dividends totaling RON485.4 million, requested by the Romanian state as m...
Transgaz Approves Additional Dividends of RON13.5M
Romania's natural gas transmission company Transgaz Medias (TGN.RO) will be distributing additional dividends totaling ROBN13.5 million, of which RON7.8 million to the Romanian state, which...
Romania’s TMK-Artrom Slatina Takes Over TMK Italia for EUR1.7M
Romania’s steel pipe manufacturer TMK-Artrom Slatina (ART.RO) announced Thursday it will purchase TMK Italia from its sole shareholder TMK Global for EUR1.73 million.
Antibiotice Iasi to Double Production of Creams and Ointments by 2020
Pharmaceutical producer Antibiotice Iasi’s investment in its new topical product (such as creams, lotions and ointments) plant will amount to EUR20 million and will be completed by the end o...
Net Assets Of Investment Funds In Romania Down 5.6% Since Start Of 2018
Net assets of the 206 open-ended and closed-ended local and foreign investment funds in Romania inched down 0.7% in October to RON43.2 billion (EUR9.25 billion), seeing a 5.6% decline since...
Patria Bank Raises Share Capital to RON311.5M
Lender Patria Bank (PBK.RO), owned by investment fund Emerging Europe Accession Fund (EEAF), has increased its share capital to RON311.5 million from RON274.1 million by issuing 373.6 millio...
Bucharest Stock Exchange and 10 Capital Market Reps Set Up Romanian Investor Relations Association
Eleven capital market representatives, companies and private individuals, have founded the Romanian Investor Relations Association (ARIR) aiming to implement best practices of communication...
Volintiru, Romgaz: We’re Contributing To National Effort, May Not Make Some Investments In 2019
Romgaz (SNG.RO), the largest natural gas producer in Romania, says the best-case scenario would have had its investment budget at 2.35 billion lei (EUR504 million) next year, up from the RON...
Government Adopts Decree Setting Legal Framework For Establishing Sovereign Funds
Romania's Government on Thursday adopted an emergency decree setting the general legal framework for the establishment of sovereign investment funds, finance minister Eugen Teodorovici said...