CAPITAL INCREASE
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CEC Bank’s Head To Resume Capital Hike Procedures - Romanian FinMin
Romanian government have authorized the head of state-run CEC Bank to resume procedures for a capital increase at the bank, despite past opposition from the European Commission regarding the...
BCR Minority Holders Agree In Principle To Capital Boost
Romanian regional investment funds SIFs, minority holders in Banca Comerciala Romana (BCR) agree in principle with a capital increase at the bank, as the move would strengthen BCR’s position...
Erste Proposes RON644M Capital Increase At BCR
Austria’s Erste Group Bank AG (EBS.RO) Wednesday recommended increasing the share capital of its Romanian unit Banca Comerciala Romana (BCR) by 644 million lei (about EUR150 million) to RON1...
Volksbank Romania Eyes Capital Increase Of Up To EUR200M
Volksbank Romania wants to increase its share capital by a EUR100 million to EUR200 million, in a bid to counter the effects of the economic crisis, the lender's chief executive Johann Lurf...
Bancpost Plans RON92.6M Capital Increase
The Board of Romanian lender Bancpost recommended increasing share capital by 92.6 million lei (EUR21.4 million) to RON1.18 billion, mostly by debt conversion to the benefit of its majority...
Cord Buzau Increases Capital To RON52.4M
Romanian metallic cord and wire manufacturer Cord Buzau (CORZ.RO) increased its share capital by 13.05 million lei (EUR3.03 million) to RON52.37 million, the company said in a statement Mond...
Dafora Hikes Share Capital By RON2.8M
Romanian drilling company Dafora Medias (DAFR.RO) increased its share capital to 100.2 million lei (EUR23.4 million), below the planned level, after shareholders subscribed shares worth RON2...
Romania Takes Rompetrol To Court Over Bond Conversion
Romania’s second largest oil refinery Rompetrol Rafinare (RRC.RO) Wednesday said the state has filed legal action against its decision to increase the company’s share capital through bond co...
Concefa Sibiu Increases Capital To RON71M
Romanian construction company Concefa Sibiu (COFI.RO) will increase its share capital by 14.2 million lei (EUR3.36 million) to RON71.06 million, mostly by cash contribution from stockholders...