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Bucharest Stocks Close Undecided, Eyes On Fondul Proprietatea Shares
Capital Market

Bucharest Stocks Close Undecided, Eyes On Fondul Proprietatea Shares

The Bucharest stocks closed undecided Wednesday, with the about three quarters of the total traded value ensured by transactions with Fondul Proprietatea (FP.RO).

Manuela Panescu · 30.01.2013 · 17:36 · 1 min
Analysts Have Different Stance On Whether To Buy Petrom Shares Or Not
Capital Market

Analysts Have Different Stance On Whether To Buy Petrom Shares Or Not

The analysts of Austrian group Erste Bank (EBS) have changed their opinion on the shares of oil company OMV Petrom (SNP.RO) after the Government announced it would levy tax on the additional...

Manuela Panescu · 29.01.2013 · 00:00 · 1 min
Whoever Bought Shares In Fondul Proprietatea In First Day Of Trading Has Gained 2%
Capital Market

Whoever Bought Shares In Fondul Proprietatea In First Day Of Trading Has Gained 2%

Two years after the stock exchange listing, the shares of Romanian investment fund Fondul Proprietatea (FP.RO) are traded at below the first-day trading price and below the expectations of s...

Manuela Panescu · 24.01.2013 · 00:00 · 4 min
SIFs, Proprietatea Suspended From Trading On CNVM Regulation Amendment
Capital Market

SIFs, Proprietatea Suspended From Trading On CNVM Regulation Amendment

The Bucharest Stock Exchange Thursday suspended from trading the shares of the five regional investment funds SIFs and of Fondul Proprietatea (FP.RO) to announce the amendment of some regula...

Manuela Panescu · 20.12.2012 · 16:01 · 1 min
Worst Investments On Stock Market In 2012
Capital Market

Worst Investments On Stock Market In 2012

More than 80 stocks on the Bucharest market fell more than 25% this year, even though the BET and BET-FI indexes increased.

Neagu Bogdan Mircea · 14.12.2012 · 00:00 · 3 min
Insurer Astra Asigurari To Redeem Shares Of RON1.73M
Banks-Insurance

Insurer Astra Asigurari To Redeem Shares Of RON1.73M

Romanian insurer Astra Asigurari will redeem shares of 1.73 million lei (EUR0.38 million), or 0.3% of its share capital, according to a decision approved by shareholders on December 3.

Ioana Tudor · 04.12.2012 · 17:56 · 1 min
Romania Ups Asking Price On Electrica’s Stakes In Enel Units
Energy

Romania Ups Asking Price On Electrica’s Stakes In Enel Units

Romania’s government has increased its asking price for two minority stakes in two Electrica units controlled by Italian utility Enel to EUR124.6 a share from EUR107.07 previously, according...

Florentina Dragu · 27.11.2012 · 17:42 · 1 min
Capital Market

Astra Asigurari To Redeem Shares Of RON1.73M

Romanian insurer Astra Asigurari will redeem shares of 1.73 million lei (EUR0.38 million), or 0.3% of its share capital.

Ioana Tudor · 22.11.2012 · 18:30 · 1 min
Electrica Eyes EUR449M Deal With Enel For Minority Stakes In Two Units
Energy

Electrica Eyes EUR449M Deal With Enel For Minority Stakes In Two Units

Romanian state-run energy company Electrica plans to sell stakes of 13.57% each in two power suppliers to Italian utility Enel in a bid to raise EUR448.2 million, the government said Wednesd...

Florentina Dragu · 14.11.2012 · 18:50 · 1 min