CAPITAL
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Mega Image Raises Share Capital By EUR25.2M To Support Expansion Plan
Retailer Mega Image, which has nearly 310 supermarkets and convenience stores in Romania, raised its share capital by EUR25.2 million in April to finance expansion plans and the construction...
Astra Asigurari Shareholders Approve RON490M Capital Raise
Shareholders of insurer Astra Asigurari, two companies owned by businessman Dan Adamescu, decided Monday to raise the insurer's share capital by RON490 million, with a first tranche of RON70...
Romania Insurers’ Share Capital Rose By RON420.7M In 2013, To RON3.4B
The subscribed share capital of insurers in Romania increased by RON420.7 million on the year to RON3.4 billion in 2013, according to data provided by the country’s Financial Supervisory Aut...
Carbochim Seeks To Raise RON6.4M From Shareholders For Capital Hike
The managing board of Romanian abrasives maker Carbochim Cluj-Napoca (CBC. RO) has proposed to raise RON6.4 million from shareholders to increase the company’s share capital to RON16.1 milli...
Leroy Merlin Romania Raises Share Capital By EUR10M, Likely To Invest In New Store
French group Adeo raised the share capital of DIY retailer Leroy Merlin Bricolaj Romania by EUR10 million in January and will most likely use the funds for a new store.
Cemacon Capital May Be Cut By RON25.7M Due To Losses Amassed In Last 4 Years
The Managing Board of Romanian brick maker Cemacon (CEON.RO) proposed the company’s shareholders to reduce the share capital by 25.7 million lei (EUR5.7 million), to around RON526,000, due t...
Omniasig VIG Increased Share Capital By RON53M, To Nearly RON440M
Romanian insurer Omniasig VIG (former BCR Asigurari) increased its share capital by 53.1 million lei (EUR11.8 million) to RON439.6 million, the insurer said in a statement Tuesday.
GSK Romania Used EUR66.8M Capital Hike To Pay Off Debts
GSK Romania used the EUR66.8 million from its recent share capital raise to pay off debts to other divisions of the British pharmaceutical group, amassed due to extensive payment terms on th...
ArcelorMittal Tubular Products Might Raise Capital By RON84.6M
Shareholders of Romanian steel pipes maker ArcelorMittal Tubular Products Iasi (TPRO.RO) will convene on January 16 to discuss raising the company’s capital by RON84.6 million, from RON6.5 m...