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Banca Transilvania’s Acquisition Of OTP Asset Management Completed
The acquisition by Banca Transilvania (TLV.RO), the largest lender in Romania, of OTP Asset management, part of the OTP Bank Romania acquisition, has been completed after having been recentl...
Competition Council Greenlights Dona’s Acquisition Of VET Division Of Iasi-Based Vetro
The Competition Council has greenlighted pharmaceutical group Dona’s acquisition of the VET division of Iasi-based Vetro in September.
Romgaz Board Approves EUR1.5B Euro Medium Term Notes Program To Fund Neptun Deep Project In Black Sea
The board of directors of state-run Romgaz (SNG.RO), the largest natural gas producer in Romania, on September 19 approved, based on the decision of shareholders, the establishment of the Eu...
ASF Approves Fondul Proprietatea Buyback Offer For 270M Shares
Fondul Proprietatea (FP.RO) on Wednesday notified the Bucharest Stock Exchange that the Financial Supervisory Authority (ASF) had approved its buyback of shares the Fund issued both as share...
Sphera Franchise Group Calls Shareholders To Vote On Second Dividend In 2024
The board of directors of franchise operator Sphera Franchise Group (SFG.RO) has called shareholders for an ordinary general meeting on October 7 to vote on the distribution of a special div...
European Commission Approves Romania’s EUR99.5M State Aid For New Nokian Tyres Plant In Oradea
The European Commission has approved, in line with the EU regulations on state aid, the EUR99.5 million state aid for Nokian Tyres in Romania.
OMV Petrom Shareholders Approve Distribution Of Special Dividend
OMV Petrom (SNP.RO) shareholders during a meeting on Thursday, July 25, approved the allocation of a special dividend – the third such dividend after those distributed in 2023 and 2022, in g...
Nuclearelectrica Shareholders Approve Continuation Of SMR Project
The shareholders of nuclear power producer Nuclearelectrica (SNN.RO), 82.5% held by the Romanian government via the Energy Ministry, on Friday approved the continuation of the small modular...
Argus Constanta Shareholders Approve Loans Of Up To RON120M For Working Capital
Vegetable oil producer Argus Constanta (UARG.RO) on Wednesday announced the extraordinary general meeting of shareholders had approved taking out bank loans of up to RON120 million for worki...