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Key People Start Selling Banca Transilvania Shares
Significant shareholders of Banca Transilvania (TLV.RO), such as regional investment fund SIF Moldova (SIF2.RO), Roberto Marco Marzanati, Radu Palagheanu and Horia Ciorcila, the bank chairma...
Billa’s Brand “Bun, din Romania!“ May Reach 5% Business Share In Two Years
Romanian brand “Bun, din România!“, launched in 2014 by supermarket chain Billa, part of German retail group REWE, may post total sales of EUR15 to EUR20 million over the next two years, acc...
US’ Invesco Returns To Bucharest Stock Exchange With Romgaz Investment
US investment manager Invesco, one of the top 20 in the world in its line of business, bought one million shares in natural gas producer Romgaz (SNG.RO) in March. The purchase marked its ret...
22% Of Fondul Proprietatea Moved To London
The first shareholder structure of Fondul Proprietatea (FP.RO) after its listing on the London Stock Exchange revealed that 22% in it has already been packaged into global depository receipt...
Biggest Fund Managers In Romania To Spend Up To RON500M On Stocks
The top five fund managers in Romania, with 20.2 billion lei (EUR4.6 billion) assets on their hands, have announced record high investments of up to RON500 million in stocks this year. The r...
Most Promising Stocks Of 2015: Transelectrica, Bucharest Stock Exchange And SIFs
Energy stocks like Transelectrica (TEL.RO), Transgaz (TGN.RO) and Romgaz (SNG.RO) will continue to draw investors’ attention in 2015 and might bring higher yields than the market, thanks to...
Ion Tiriac Pays EUR2M To Ioan Rus For 15% In Car Dealer
Romanian businessman Ion Tiriac has increased his stake in Cluj-based car dealer RMB Inter Auto, which he owns together with the current transport minister Ioan Rus, from 55% to 70%, accordi...
Fondul Proprietatea Getting Ready To Sell Conpet Stocks
Fondul Proprietatea (FP.RO) is getting ready to sell its shares in oil transmission company Conpet Ploiesti (COTE.RO) worth 125 million lei (EUR28 million), market sources say, following the...
Biggest Share Sale In Bucharest Stock Exchange History
Bucharest Stock Exchange is flooded by the biggest share offering in its history, worth 3 billion lei (EUR700 million), in the energy system’s crown jewels Romgaz (SNG.RO) and Electrica (EL....