CAPITAL
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US-Held Company Operated Highest Capital Increase In Romania In 2014
A US-held company registered in the Cayman Islands opened an office in Romania in 2013 with the minimum share capital required, 200 lei (almost EUR50). In December 2014 it operated the highe...
Foreign-Held Banks And Insurers Got RON2.4B Capital Injections In 2014
Banks, insurers and non-bank financial institutions held by foreign groups received capital injections of 2.4 billion lei (EUR536 million) in January-November 2014, according to Trade Regist...
OTP Bank Romania Raises Capital By RON175.3M, To RON958.25M
OTP Bank Romania, the local subsidiary of Hungarian group OTP, has raised its share capital by RON175.344 million, to RON958.252 million, the Hungarian bank said in a statement Wednesday.
Asirom Seeks To Raise Share Capital By RON20M, To RON285.8M
Shareholders of Romanian insurer Asirom approve don December 22 a capital raise of RON19.86 million, to RON285.76 million, by cash inflow, to support the company's general insurance operatio...
Romgaz Seeks Partner To Operate Iernut Power Plant
State-owned natural gas producer Romgaz Medias is seeking a partner to develop the thermal power plant in Iernut, Mures county, and wants to contribute EUR20,000 to the EUR80,000 share capit...
Euroins Raises Share Capital By RON100M, To RON220M
Insurer Euroins Romania has completed the second stage of a RON100 million capital hike, as decided by shareholders in April, raising its capital to RON220 million, from RON120 million.
Labormed Raises Share Capital By EUR55M, Alvogen Lux Holdings Becomes Shareholder
Romanian generic drug producer Labormed Pharma will raise its share capital by EUR55 million by converting into shares part of a EUR85.28 million receivable it owes Alvogen Lux Holdings S.a....
Foreign-Held Companies In Romania Operate At 5% Profit Margin And Employ 1.2 Million People
The Romanian economy needs big entrepreneurial businesses to be able to offset the foreign capital that currently accounts for half of the revenue and more than 45% of the profit even though...
Eurobank Says It Has Enough Capital, Won't Sell Romanian Bancpost
Bancpost CEO George Georgakopoulos says the lender's mother-bank, Greek EFG Eurobank has sufficient capital after the capital raise this year, despite failing the European Central Bank (ECB)...