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SIF Moldova Buys Back 25Mln Shares To Reduce Share Capital
Romanian regional investment fund SIF Moldova (SIF2.RO) sets off, between June 7 and June 27, a public offering for the acquisition of 25 million own shares, which represent 2.4% of the shar...
Private Label Products Up To Almost 25% Of Modern Retail Sales
Retailers sold EUR2.2 billion to EUR2.4 billion worth of private label products last year. Private labels now account for almost one quarter of the total sales of modern retail, going from 1...
Banca Transilvania Buys Back Shares Worth RON5.9M Within Five Trading Sessions
Banca Transilvania (TLV.RO) the second largest bank in the Romanian banking system by assets, bought back approximately 2.1 million shares, between March 13 and 17, at an average price of RO...
ASF Approves Biggest Tender Offer For Repurchase Of Fondul Proprietatea Shares
Romania’s Financial Supervisory Authority (ASF) approved the biggest tender offer for the repurchase of shares issued by Romanian investment fund Fondul Proprietatea (FP). Franklin Templeton...
RCS&RDS’ Digi Energy Beats Enel And ENGIE On Competitive Energy Market
Telecom operator RCS&RDS’ Digi Energy, a company that operates on the local energy market, has grown to about 3.6% share of the competitive market in one year, the highest rise by a newcomer...
Starbucks Accounts For 1% Of RON5.5B Bar And Café Market
Romanian consumers spend 5.5 billion lei (EUR1.23 billion) a year in bars and cafes, one of the most heavily fragmented markets in the country’s economy, ZF has calculated based on the data...
Lactalis Puts RON342M On The Table For All Of Albalact
French-held Lactalis is offering 342 million lei (EUR73 million) for all the Albalact (ALBZ.RO) shares after almost six months of talks and analysis and will therefore become the local dairy...
Gates Foundation Invests In Fondul Proprietatea Shares
Bill and Melinda Gates Foundation, the largest private foundation in the world with its $43 billion assets, is a shareholder of Fondul Proprietatea (FP.RO).
Aeronautics Industry Companies Shares Up 75% In 2015
Higher sales and profit margins have driven the shares of the aeronautics industry companies up after several years of staying low.