ASSETS
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Oltchim’s Acquisition By Chimcomplex Due For Completion On December 12
State-run chemical plant Oltchim on Tuesday notified chemical producer Chimcomplex Borzesti, which had bought a large part of Oltchim’s assets, that the completion date of the transaction, w...
Competition Council Clears Chimcomplex’ Acquisition Of Some Oltchim Assets
Romania’s Competition Council has approved the transaction whereby chemical producer Chimcomplex Borzesti, held by businessman Stefan Vuza, had acquired some of the assets of state-owned che...
Oltchim Extends Deadline For Submission Of Binding Offers For Its Non-Operating Assets
The judicial administrators of insolvent chemical plant Oltchim Ramnicu Valcea (OLT.RO) have extended the deadline, from October 31, 2018 to November 21, 2018, for the submission of binding...
ASF: Pillar II Net Assets Up 21.21% On Year To RON43.7B 1H/2018
The overall value of net assets reported on June 30, 2018 by mandatory private pension funds Pillar II was RON43.71 billion (EUR9.38 billion), according to a report released Monday by financ...
ASF: Pillar II, Pillar III Assets Up 20.86% On Year To EUR9.8B In 1H/2018
The value of assets managed by the mandatory private pension pillar (Pillar II) and the voluntary private pension pillar (Pillar III) was RON45.6 billion (EUR9.8 billion) at the end of the f...
Four Companies Submit Offers for Unsold Oltchim Asset Bundles
Four companies have submitted indicative offers for unsold asset bundles of insolvent chemical plant Oltchim Ramnicu Valcea (OLT.RO) by the July 31, 2018 deadline, Oltchim said Friday.
Top Ten Banks In Romania Account For 83.2% Of Banking System Assets
The top ten ranking of the banking market in Romania saw two significant changes last year, though no new names climbed into it.
Lidl's Real Estate Company Gets EUR100M Capital From Parent Company
Lidl Romania SCS, which administers the real estate assets of the German group, received a capital injection of EUR100 million in February from the parent company.
Erste Private Banking Attracts EUR30M In Last Two Weeks From High-Income Customers
Erste Private Banking has attracted EUR30 million over the last two weeks from high-income customers, due to market evolutions, and the assets managed exceeding the EUR1 billion threshold.