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Concefa Sibiu To Hike Share Capital By RON6.1M, To RON63M
Romanian construction company Concefa Sibiu (COFI.RO) on Friday said it will increase its share capital by 6.1 million lei (EUR1.41 million), to RON63 million, since shareholders subscribed...
UniCredit Says Ready To Boost Capital Of Romania Unit
Italy’s UniCredit is ready to boost the capital of its Romanian subsidiary UniCredit Tiriac Bank to meet potential lending growth, but a final decision will be made together with its local a...
US Fund Holds More Than Romania In Proprietatea Fund
An investment fund controlled by American hedge fund Elliott Associates, has recently been reported as the largest institutional shareholder of investment fund Fondul Proprietatea, with 6.61...
Refinery Astra To Contribute 10.8 Ha Of Land To Hidro Bitum Capital Hike
Romanian oil refinery Astra Romana (ASP) Ploiesti will contribute in kind to increasing the share capital of Hidro Bitum Teleorman, a company part-held by InterAgro owner Ioan Niculae.
Bucharest-Listed Firms Attracted Merely EUR80M In Funding In 3 Years
Only 12 of the 78 companies currently listed on the main market of the Bucharest Stock Exchange (BVB.RO) have attracted funding from the stock exchange through capital increases, whereas pri...
Wimmer: BCR Highly Likely To Require A Future Capital Boost
Austrian Erste Group Bank AG (EBS.RO) Friday said its Romanian unit BCR could very likely need a capital increase sometime in the future, as risk costs are bound to remain at high levels.
Energy Bourse OPCOM To Hike Share Capital By RON23M
The share capital of energy bourse OPCOM will be increased by 23 million lei (EUR5.4 million), through the in kind contribution of the sole shareholder, state-owned power grid operator Trans...
Alpha Bank Injects EUR50M Into Romanian Subsidiary
Alpha Bank, the local subsidiary of one of the leading Greek financial groups, received a significant capital injection in June, of EUR50 million. Bank officials say the capital increase is...
Alro Adds RON19M To Alum Tulcea's Capital
Romanian calcined alumina producer Alum Tulcea (BBGA.RO) increased its share capital by 18.96 million lei (EUR4.5 million) to RON488.4 million through cash injection from the mother company,...