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Packaging Manufacturer Promateris Set to Increase Share Capital by up to RON125M
The Board of Directors of Romanian industrial group and leading manufacturer of biodegradable and compostable packaging in Central and Eastern Europe Promateris (PPL.RO) has approved a capit...
TTS Calls Shareholders to Approve RON30M Share Capital Increase
River shipping company Transport Trade Services (TTS.RO), an entrepreneurial business listed on the Bucharest Stock Exchange, is calling shareholders to approve a share capital increase of R...
From 2010 to 2020 – this time the bank is the good guy
Right now, Romania is performing better than most European peers in managing the pandemic, hence it avoided the lockdown for the first quarter of 2021. The National Institute for Statistics...
Online Retailer evoMAG Seeks to Raise EUR2M to EUR5M Capital in 2021, CEO Says
Online retailer evoMAG, one of the main computer and electronics retailers in Romania, plans to raise EUR2 million to EUR5 million in capital this year to be able to fuel a faster paced grow...
NN Group Earmarks RON31.9M for New General Insurance Unit in Romania
The NN Group, which owns life insurance company NN Asigurari de Viata in Romania, has earmarked 31.9 million lei for capital for its new entity NN Asigurari, a general insurance business, pa...
Romania To Boost Capital Held In International Bank For Reconstruction And Development
Romania, through the Finance Ministry, will be boosting the capital it holds in the International Bank for Reconstruction and Development (IBRD), by subscribing a total 1,344 shares, within...
JLL: More Romanian Capital Needed in Real Estate
Romanian investors are starting to become more and more active on the local real estate market but most of them buy projects worth several million or tens of millions of euros at best, since...
Banca Transilvania Plans to Give RON818M in Dividends, Raise Share Capital
Romanian lender Banca Transilvania (TLV.RO) seeks shareholders' approval to distribute gross dividends of RON818 million, or RON0.17 per share, the equivalent of a yield of 8%.
Foreign Shareholders Contributed EUR274M to Capital of Local Financial Companies in 2018
The foreign investors who own businesses on the Romanian financial market contributed about EUR274 million to their capital last year, almost double the 2017 level, ZF has found from Trade R...