Capital Market
Alro Slatina Gets New CEO As Gheorghe Dobra Steps Down And Is Replaced By Marin Cilianu
Aluminum producer Alro Slatina (ALR.RO) on Thursday announced the appointment of a new chief executive officer, Marin Cilianu during the Board of Directors meeting on September 26, 2024, for...
London Stock Exchange Group Expands Presence In Romania With New Office, In Cluj-Napoca
London Stock Exchange Group (LSEG), a global provider of financial markets data and infrastructure, has expanded its presence in the Romanian market with the opening of a new office on Sept...
Spirits Producer Prodvinalco Ends H1 With 43% Rise In Net Profit To RON11M
Prodvinalco (VAC.RO), a company majority-owned by Mircea Todea, Vasile Albon and Marcel Hosu, posted RON11.2 million net profit in the first half of 2024, 43% higher than in the year-ago per...
Fondul Proprietatea’s Buyback Offer 686% Oversubscribed
Fondul Proprietatea (FP.RO) on Wednesday evening notified the Bucharest Stock exchange that total subscription in its public tender offer conducted to buyback its shares stood at 1.85 billio...
Romgaz Starts Process To Delist Its GDRs From London Stock Exchange
Natural gas producer and supplier Romgaz (SNG.RO) on Wednesday notified the Bucharest Stock Exchange that it had commenced the process of delisting the global depository receipts (GDR) from...
Romania’s Future Retirees Largest Investors In Banca Transilvania
Romania’s future retirees, that is about 8.3 million people contributing to Pillar II mandatory pension funds are the biggest investors of Banca Transilvania (TLV.RO), data aggregated by ZF...
IT Company Bento Sees Net Profit Up 106% In H1 2024
Entrepreneurial company 2B Intelligent Soft (BENTO.RO) posted RON12.1 million net profit in the first half of 2024, an increase of 106% on the year-ago period, while operating revenue increa...
Radu-Razvan Straut Resigns from Position of Lion Capital Deputy CEO
Alternative investment fund Lion Capital, listed at the Bucharest Stock Exchange and with a RON1.4 billion capitalization and RON4.7 billion net assets, has announced the resignation of Radu...
Private Equity Investment In Romania Merely EUR130M Or 0.041% Of GDP In 2023
Private equity investment in Romania stood at merely EUR130 million or 0.041% of the GDP in 2023, ZF has calculated from ROCA-supplied data.