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French AXA Increases Capital Of Romanian Subsidiary
Banks-Insurance

French AXA Increases Capital Of Romanian Subsidiary

AXA Asigurari, the local subsidiary of French group AXA, raised its capital by EUR1.1 million in August, with total capital injections by the French group reaching some EUR3 million in 2014,...

Catalina Apostoiu · 09.10.2014 · 00:00 · 1 min
Banking Sector Capital Doubled In 2008-2013
Banks-Insurance

Banking Sector Capital Doubled In 2008-2013

The banking sector received capital injections of about 12 billion lei (EUR2.7 billion) in 2008-2013, as 28 local banks analyzed by ZF had almost RON25 billion share capital in December last...

Loredana Frățilă-Cristescu · 03.10.2014 · 11:47 · 2 min
Gedeon Richter's Drugstore Chain In Romania Lowers Capital By EUR2.5M
Health

Gedeon Richter's Drugstore Chain In Romania Lowers Capital By EUR2.5M

Gedeon Richter Farmacia, the 120-drugstore network Hungarian pharmaceutical group Gedeon Richter owns in Romania, has lowered its share capital by RON11.38 million (EUR2.58 million), by redu...

Oana Gavrila · 02.09.2014 · 14:45 · 1 min
Astra Seeks To Raise Share Capital By RON70M By October 1
Banks-Insurance

Astra Seeks To Raise Share Capital By RON70M By October 1

Insurer Astra (ATRA.RO), owned by Romanian businessman Dan Adamescu and placed under special administration in February, will run an offering between September 1 and October 1 hoping to rais...

Oana Gavrila · 29.08.2014 · 18:41 · 1 min
Banca Transilvania To Raise Share Capital By EUR11M In Bond Conversion
Banks-Insurance

Banca Transilvania To Raise Share Capital By EUR11M In Bond Conversion

The board of Romanian lender Banca Transilvania (TLV.RO) approved Thursday a capital hike by RON49.44 million (EUR11.22 million) by converting bonds into shares.

Oana Gavrila · 28.08.2014 · 19:42 · 1 min
Power Producer EDPR RO PV Raises Share Capital By EUR21.7M
Energy

Power Producer EDPR RO PV Raises Share Capital By EUR21.7M

Portugal’s renewable energy group Energias, through its EDP Renewables Europe subsidiary in Spain, has raised the share capital of EDPR RO PV Bucharest by EUR21.7 million, to a total EUR37.6...

Oana Gavrila · 28.08.2014 · 17:36 · 1 min
Banks And Insurers Got EUR200M Cash Inflows In 1H
Banks-Insurance

Banks And Insurers Got EUR200M Cash Inflows In 1H

Banks, insurers and leasing companies held by foreign groups saw almost 900 million lei (EUR200 million) capital increases in the first half. The money was mostly used to offset losses in pr...

Loredana Frățilă-Cristescu · 05.08.2014 · 00:20 · 3 min
Capital Market

NEPI Seeks To Increase Capital By EUR80M

South-African investment fund New Europe Property Investment (NEP.RO) Monday said it plans to raise about 1.14 billion South African rand (some EUR80 million) through the issue of new shares...

Florentina Dragu · 04.08.2014 · 14:11 · 1 min
NEPI Seeks To Increase Capital By EUR12M
Capital Market

NEPI Seeks To Increase Capital By EUR12M

South-African investment fund New Europe Property Investment (NEP.RO) Monday said it plans to raise EUR11.88 million through the issue of new shares.

Florentina Dragu · 24.06.2014 · 13:11 · 1 min