APPROVAL
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Groupama Asigurari CEO Receives Approval from ASF to Continue in His Position
Francois Coste, the chief executive officer of Groupama Asigurari, which became the insurance market leader in Romania shortly after former leader City Insurance went bankrupt, has received...
Bittnet gets ASF greenlight for trading its bonds on Bucharest Stock Exchange
IT group Bittnet (BNET.RO) has notified investors about having received the financial instruments registration certificate and the Financial Supervisory Authority’s decision to approve the p...
ASF Approves EBRD’ Indirect Acquisition of Euroins Stake
Romania’s Financial Supervisory Authority (ASF) has approved the acquisition plan of European Bank for Reconstruction and Development (EBRD), which will get an indirect qualifying holding in...
European Commission Approves Measure to Establish Romanian Investment and Development Bank
The European Commission has approved, under EU State aid rules, a EUR1.6 billion Romanian measure to set up the Romanian Investment and Development Bank.
Competition Council Greenlights 94 Deals in 2022, a 16-Year High
The Competition Council cleared a total of 94 deals in 2022, a record number for the last 16 years.
SafeTech Innovations Receives Approval to Transfer to Main Market of Bucharest Stock Exchange
SafeTech Innovations, a Romanian-held cybersecurity company, received approval from the Financial Supervisory Authority (ASF) on Tuesday to transfer from the AeRO market to the main segment...
Competition Council Greenlights MedLife’s Acquisition of Muntenia Hospital in Pitesti
MedLife (M.RO) has added another hospital to its portfolio after completing the acquisition of Muntenia Hospital in Pitesti, Arges County, from SIF Muntenia(SIF4.RO).
Justice District to Require up to EUR500M Investment
The Justice District, the real estate project to be built on the Esplanada plot on Bulevardul Unirii in Bucharest, which should include 23 institutions, got its Detailed Urban Plan (PUD) app...
Sphera Franchise Group Seeks Shareholder Approval to Distribute RON20M Dividends
The Board of Directors of Sphera Franchise Group (SFG.RO), the operator of the franchised KFC, Pizza Hut and Taco Bell restaurants in Romania, called a General Meeting of Shareholders for De...