CAPITAL
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NBFIs Injected EUR1.4M In Share Capital In May
Shareholders of non-banking financial institutions (NBFIs) operated capital hikes totaling over EUR1.4 million in May this year, according to Trade Registry data.
Companies Registered In Tax Havens Account For Over EUR1B Capital In Romania
Companies registered in tax havens, such as Panama, Seychelles, Netherlands Antilles, British Virgin Islands and Bermuda have more than EUR1.1 billion capital in Romania and operate via more...
One Third Of Insurance Brokers To Cease Operations This Year
Almost one third of the 450 insurance brokers operating in Romania will have to close up shop this year due the stricter capital requirements of the Financial Supervisory Authority, accordin...
CEZ Increases Romanian Electricity Distribution Company Capital By EUR130M
Czech-held utilities group CEZ operated the highest capital increase in October, injecting about EUR130 million into CEZ Distributie, the heart of the group in Romania, which serves 1.4 mill...
Kaufland Sends EUR25M Back Home
Kaufland Romania, the leader of the local retail sector, will send 110 million lei (EUR25 million) back to its parent company in Germany, according to an announcement in the Official Gazette...
Lenders And Insurers Got Over EUR680M Capital Injections In Jan-Sep
Banks, insurers and all the other companies on the local financial market got more than 3 billion lei (EUR681 million) capital injections in the first nine months of the year, with most of t...
BCR Leasing’s Stockholders To Vote Share Capital Decrease November 4
BCR Leasing, a top ten company on the financial leasing market, will vote in stockholders’ meeting November 4 on whether to reduce the company’s share capital through diminishing the face va...
NEPI Raises EUR130M Capital From Shareholders, Double Than Initially Planned
South-African investment fund New Europe Property Investments (NEPI) has raised EUR130 million from shareholders, double than EUR65 million initially planned for the share capital hike, and...
Intersport Received RON8M Capital Inflow From Parent Company
Sporting goods retailer Intersport received in July a capital inflow of 8 million lei (EUR1.8 million) from its Greek parent company Fourlis Grup, which will be further used as a working cap...