MERGER
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First Banking Merger Since Start Of Crisis: Intesa Absorbs CR Firenze
The current managers of Intesa Sanpaolo will run the new bank, and the terms of the managers and of the members of the supervisory board of CR Firenze will end after the merger becomes effec...
Shareholders Approve Creation Of Power Company CE Oltenia
The shareholders of Romanian energy complexes Craiova, Rovinari and Turceni on Monday approved their merger into Complexul Energetic Oltenia, according to a report sent Thursday to Fondul Pr...
Omniasig-BCR Asigurari Merger Completed
The merger of Romanian insurers BCR Asigurari and Omniasig, controlled by Austrian group Vienna Insurance Group (VIG), has been completed and the new company has become the leader of the loc...
Omniasig-BCR Asigurari Merger Nears Completion
Omniasig and BCR Asigurari, controlled by Austrian insurer Vienna Insurance Group (VIG), will as of next month become one company with 2,400 employees and a territorial network of 350 branch...
FirstFarms Seeks Growth Through Mergers With Other Danish Agricultural Projects In Romaina And Slovakia
FirstFarms, a company held by Danish investors, which operates a 7,500- hectare farm near Buzau (SE Romania), wants to merge with other Danish companies operating in the field of agriculture...
CSA Authorizes Omniasig-BCR Asigurari Merger
Romania's insurance regulator CSA on Tuesday authorized the merger of Omniasig VIG and BCR Asigurari VIG into the market's new leader.
Alpha Bank Buries Merger With Eurobank. Romanian Subsidiaries Are On Their Own
The planned merger of Greek groups Alpha Bank and EFG Eurobank, which was supposed to create the third-largest bank by assets in Romania, only survived for six months, and was officially bur...
BCR Asigurari Holders Approve EUR47.7M Capital Hike Ahead Of Omniasig Merger
Shareholders of Romanian insurer BCR Asigurari decided Monday, February 27, to raise the company’s share capital by 207.1 million lei (EUR47.7 million), to RON250.3 million, part of its merg...
Constitutional Court: Merging Local, Parliamentary Elections Might Affect Voting Process
Merging local and parliamentary elections might affect the voting process and restrict the right to vote, considering the procedure’s complexity, the Romanian Constitutional Court said Frida...