Capital Market
Petrolexportimport Enters Bankruptcy Procedure
Romanian fuels wholesaler Petrolexportimport (PEI.RO) will enter a simplified bankruptcy procedure, following approval by by the Bucharest Court, the company said Thursday.
Net Assets of Investment Funds in Romania Down 4.9% in Jan-Sept
Net assets of the 206 open-ended and closed-ended local and foreign investment funds in Romania declined 4.9% in January-September and grew 0.7% in September alone, to RON43.5 billion (EUR9....
Bittnet Sees Revenues at RON120M in 2019 Following dendrio - Crescendo Merger
Bittnet Systems (BNET.RO expects to reach consolidated revenues of over RON120 million next year following the merger of dendrio and Crescendo, the company said Monday.
Ursus Acquires 20,000 Sqm Space In Industrial Park In Buzau
Brewing company Ursus has acquired a 20,000-square meter space within industrial park WDP located in Buzau. The transaction was brokered by brokerage company Dunwell, according to a statemen...
Electrogrup Announces Public Offering On Bucharest Stock Market
Electrogrup Infrastructure, a company held by Teofil and Simion Muresan brothers and by Marian Pantazescu, specializing in constructions for the energy infrastructure, will carry out a publi...
Most Popular Stocks Among Private Pension Funds: MedLife, BVB And Transgaz
MedLife (M.RO), Bursa de Valori Bucuresti (Bucharest Stock Exchange – BVB.RO) and Transgaz (TGN.RO) are the stocks in highest demand from the Pillar II private pension funds, which manage th...
SIF Oltenia Gets EUR140M From Erste For Sale Of 6.2% Stake In BCR
The sale-purchase operation of the 1.02 billion shares (a 6.29% stake) held by regional investment fund SIF Oltenia in Banca Comerciala Romana (BCR) has been finalized on October 9 by signin...
SIF Oltenia Sells Minority Stake in BCR to Erste for EUR140M
Shareholders of regional investment fund SIF Oltenia on Thursday approved the sale of the company's 6.29% stake in Banca Comerciala Romana (BCR) to its majority shareholder Erste Bank for EU...
FP: Sovereign Fund Bill Leaves State Companies at the Discretion of Political Interference and Abuse
Investment fund Fondul Proprietatea (FP) said in a statement Wednesday it was highly concerned by the bill setting up the general framework applicable to the Sovereign Fund for Development a...