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BCR Mulls Hiking Capital By RON501M
Banks-Insurance

BCR Mulls Hiking Capital By RON501M

Romanian leading bank group Banca Comerciala Romana (BCR) aims to attract 501 million lei (EUR110 million) from stockholders, through a share capital hike to be discussed in stockholders’ me...

Manuela Panescu · 05.11.2012 · 17:00 · 1 min
Real Estate

Prodplast Imobiliare Drops Plan To Split, Eyes RON13M Capital Increase

The managing board of real estate company Prodplast Imobiliare has summoned the general shareholders’ meeting for October 29 to cancel a decision in principle to split the company and propos...

Ecaterina Craciun · 26.09.2012 · 16:46 · 1 min
Generali Romania To Hike Share Capital By RON46M
Banks-Insurance

Generali Romania To Hike Share Capital By RON46M

Insurer Generali Romania will discuss in a stockholder meeting October 12 a share capital increase by 46.01 million lei (EUR10.2 million), to RON179.1 million, in order to transform into sha...

Manuela Panescu · 14.09.2012 · 14:58 · 1 min
Romania To Contribute EUR52.4M To EIB Capital Raise
Banks-Insurance

Romania To Contribute EUR52.4M To EIB Capital Raise

Romania’s Government agreed in principle Saturday to contribute EUR52.395 million to the share capital of the European Investment Bank (EIB).

Oana Gavrila · 02.09.2012 · 13:52 · 1 min
Capital Market

BT Securities Cuts Share Capital By RON4M To Cover Losses

Romania brokerage company BT Securities, part of financial group Banca Transilvania, Monday said it cut its share capital by 3.9 million lei (EUR874,439), to RON12.4 million, to cover losses...

Manuela Panescu · 27.08.2012 · 19:22 · 1 min
Automotive

Navrom Galati May Hike Share Capital By RON15M, To RON45M

Romanian river navigation company Navrom Galati (COVG.RO) aims to hike its share capital by 14.97 million lei (EUR3.3 million), to RON44.93 million, through stockholders’ cash inflow.

Manuela Panescu · 20.08.2012 · 18:02 · 1 min
Banks-Insurance

Share Capital In Romanian Insurance Industry Dropped 3.4% In 2011, To RON4.04B

The share capital of Romanian insurers dropped 3.4% in 2011, to 4.04 billion lei (EUR952.8 million), according to the annual report release Thursday by the insurance regulator CSA.

Oana Gavrila · 16.08.2012 · 13:11 · 1 min
Banks-Insurance

BCR Asigurari de Viata Plans To Hike Capital By RON11M, To RON33M

The shareholders of Romanian life insurance company BCR Asigurari de Viata will discuss in July the decision to increase the company’s share capital by 11.04 million lei (EUR2.47 million), t...

Ecaterina Craciun · 12.06.2012 · 16:36 · 1 min
Antibiotice Proposes RON17.2M Share Capital Hike
Capital Market

Antibiotice Proposes RON17.2M Share Capital Hike

The managing board of Romanian state-owned medicine maker Antibiotice Iasi (ATB.RO) increased to 17.2 million lei (EUR3.9 million) the sum proposed to stockholders as share capital hike, acc...

Andrei Cîrchelan · 23.03.2012 · 12:56 · 1 min