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Several Franklin Templeton Funds Sold OMV Petrom Shares Of Nearly RON20M
Capital Market

Several Franklin Templeton Funds Sold OMV Petrom Shares Of Nearly RON20M

Several Franklin Templeton funds on Tuesday sold shares of oil and gas company OMV Petrom (SNP.RO) worth RON19.6 million (EUR4.3 million), while Norway’s sovereign wealth fund sold shares wo...

Ecaterina Craciun · 23.12.2015 · 16:31 · 1 min
Carpatica Shareholders OK Sale Of Shares Unsubscribed After Capital Hike To JC Flowers
Banks-Insurance

Carpatica Shareholders OK Sale Of Shares Unsubscribed After Capital Hike To JC Flowers

Shareholders of Banca Comerciala Carpatica (BCC.RO) authorized the managing board to sell US fund J.C. Flowers or other investors the right to subscribe the shares which remained unsubscribe...

Gabriela Stan · 12.10.2015 · 12:03 · 1 min
SIF Oltenia’s VP Buys Stake In The Fund
Companies

SIF Oltenia’s VP Buys Stake In The Fund

Anina Radu, vice-president and deputy general manager with regional investment fund SIF Oltenia (SIF5.RO), bought on the Bucharest Stock Exchange September 22 a stake of 12,930 shares in the...

Manuela Panescu · 24.09.2015 · 14:00 · 1 min
Bucur Obor Shares Boost 23% On Bourse After RON63M Dividends Payment Notice
Companies

Bucur Obor Shares Boost 23% On Bourse After RON63M Dividends Payment Notice

Stockholders of Bucur Obor (BUCU.RO), which owns Bucur Obor shopping center, a precursor of today’s malls which opened more than 40 years ago in Bucharest, approved in Tuesday session the pa...

Manuela Panescu · 23.09.2015 · 16:00 · 1 min
Banca Transilvania Aims To Buy Back 0.33% Stake For RON23M By Yearend
Banks-Insurance

Banca Transilvania Aims To Buy Back 0.33% Stake For RON23M By Yearend

Romanian lender Banca Transilvania (TLV.RO) will start Thursday a new buyback program targeting the acquisition of 10 million own shares for maximum 3 lei/unit until mid-December.

Manuela Panescu · 17.09.2015 · 17:00 · 1 min
Some 5% Of InterContinental Hotel Shares Traded On Bucharest Bourse
Companies

Some 5% Of InterContinental Hotel Shares Traded On Bucharest Bourse

A 5.4 % stake in Romanian hotel operator Compania Hoteliera Intercontinental (RCHI.RO) was traded Wednesday on the Bucharest Stock Exchange in a deal transaction worth 1,86 million lei.

Manuela Panescu · 17.09.2015 · 16:00 · 1 min
Oil Terminal May Give Economy Ministry RON150M Shares For Lands
Companies

Oil Terminal May Give Economy Ministry RON150M Shares For Lands

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) aims to pay the Economy Ministry, the company’s major stockholder, 150 million lei worth of shares in exchange of two lands which...

Manuela Panescu · 15.09.2015 · 13:00 · 2 min
Teraplast Share Price Seen Double On Bucharest Bourse In 2016- Broker
Companies

Teraplast Share Price Seen Double On Bucharest Bourse In 2016- Broker

The share price of Romanian plastic systems maker Teraplast Bistrita (TRP.RO) is seen double on the Bucharest Stock Exchange over the next year, according to analysts of brokerage company BT...

Manuela Panescu · 11.09.2015 · 16:00 · 2 min
STK Emergent Bought RON8M Shares On Bucharest Bourse In August
Capital Market

STK Emergent Bought RON8M Shares On Bucharest Bourse In August

Romanian closed-end investment fund STK Emergent (STK.RO) bought 8 million lei worth of shares on the Bucharest Stock Exchange in August, increasing the exposure on companies in the oil and...

Manuela Panescu · 10.09.2015 · 15:00 · 1 min