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Romania’s Central Bank Greenligths Banca Romaneasca-EximBank Deal
Banks-Insurance

Romania’s Central Bank Greenligths Banca Romaneasca-EximBank Deal

Romania’s central bank has given the green light to the acquisition by state-owned EximBank of Banca Romaneasca from the National Bank of Greece, one of the largest Greek financial groups, w...

Loredana Frățilă-Cristescu · 17.12.2019 · 00:00 · 1 min
Companies

Antitrust Body Clears Rohrer Group To Acquire R&R Oil Service

Romania's antitrust body has cleared Rohrer Group to acquire R&R Oil Service – R.O.S. SRL and some assets of RIG Service SA, and of Grup Petrol Marin SA., the institution said Tuesday.

Ecaterina Craciun · 30.07.2019 · 14:53 · 1 min
Fondul Proprietatea Gets Financial Watchdog’s Approval For Share Repurchase Program At 13% Higher Price
Capital Market

Fondul Proprietatea Gets Financial Watchdog’s Approval For Share Repurchase Program At 13% Higher Price

Romania’s Financial Supervisory Authority (ASF) has cleared investment fund Fondul Proprietatea (FP.RO) for a program for the repurchase of 150 million shares.

Ecaterina Craciun · 09.07.2019 · 17:07 · 1 min
Competition Council Clears Takeover Of Transilvania Pack&Print By Rondocarton
Companies

Competition Council Clears Takeover Of Transilvania Pack&Print By Rondocarton

Romania’s Competition Council has approved the transaction whereby corrugated cardboard company Rondocarton and Offsetdruckerei Schwarzach have acquired cardboard packaging and label manufac...

Ecaterina Craciun · 17.04.2019 · 17:48 · 1 min
Black Sea Oil & Gas Gets Approval To Develop Ana And Doina Natural Gas Fields
Companies

Black Sea Oil & Gas Gets Approval To Develop Ana And Doina Natural Gas Fields

Romania-based Black Sea Oil & Gas (BSOG) and its co-venture partners, Petro Ventures Resources SRL and Gas Plus International, have received the approval of the Romanian Government, through...

Ecaterina Craciun · 15.04.2019 · 18:38 · 2 min
Central Bank Approves Appointment Of Leontin Toderici As CEO Of Bancpost
Banks-Insurance

Central Bank Approves Appointment Of Leontin Toderici As CEO Of Bancpost

Leontin Toderici has received the approval of Romania’s central bank to take over as Chief Executive Officer of Bancpost, which was recently bought by Banca Transilvania.

Ecaterina Craciun · 31.05.2018 · 17:34 · 1 min
Banca Transilvania Shareholders Approve Subordinated Bond Issue Of EUR350M
Capital Market

Banca Transilvania Shareholders Approve Subordinated Bond Issue Of EUR350M

Shareholders of Romanian lender Banca Transilvania (TLV.RO) on Wednesday approved a subordinated bond issue, with a fixed or variable interest rate, up to a maximum amount of EUR350 million.

Ecaterina Craciun · 23.05.2018 · 19:28 · 1 min
Government Approves 2018 State Budget Bill
Social/Politics

Government Approves 2018 State Budget Bill

Romania's government has approved the 2018 draft budget bill in its Wednesday meeting.

Ecaterina Craciun · 06.12.2017 · 18:02 · 1 min
Competition Council Clears Acquisition Of OMV Petrom Wind Power By Transeastern Power
Energy

Competition Council Clears Acquisition Of OMV Petrom Wind Power By Transeastern Power

Romania’s Competition Council on Monday said it has approved the transaction whereby Dutch company Transeastern Power acquired OMV Petrom Wind Power S.R.L, whose portfolio includes Dorobantu...

Ecaterina Craciun · 16.10.2017 · 14:24 · 1 min