SHARES
285 articole · RSS
State Loses First Battle In Court Case Against Rompetrol
The Court of Constanta ruled Monday that the capital increase turning a portion of the debts of Kazakh-held Rompetrol to the state into Rompetrol Rafinare-Petromidia shares was legal, source...
Cristian Constantinescu Negotiates Sale Of His Stake In Allianz-Tiriac With Ion Tiriac
Cristian Constantinescu, one of the most respected insurance experts, endorsed by the ruling Democratic Liberal Party for the position of chairman of insurance regulator CSA this autumn, is...
Transelectrica Plans To Raise EUR80M In Secondary Offering
Romanian state-run power grid operator Transelectrica (TEL.RO) estimates it will obtain EUR80 million from a secondary public offer in the second half of 2011, general manager Horia Hahaianu...
Petrom Offer Due In July
The sale of a 9.8% stake in Petrom (SNP.RO), the largest Romanian company, will be completed by late July, Economy Minister Ion Ariton has firmly stated. The minister’s statement is surprisi...
Fondul Proprietatea Buys Back 0.07% Stake For RON5M
Romanian investment fund Fondul Proprietatea (FP.RO) last week bought back 0.07% of its shares on the Bucharest bourse for 5 million lei (EUR1.2 million), the fund said in a statement Tuesda...
OMV Share Sale Below Vienna Bourse Price Might Delay Petrom Offering
Austria’s OMV, the majority shareholder of Petrom (SNP.RO), sold all the new shares issued as part of its capital increase, but the price at which the offering ended, EUR27.5/share, was lowe...
Fondul Proprietatea Buys Back 0.19% To Rein In Stock Drop
Romanian investment fund Fondul Proprietatea (FP.RO) bought back last week a 0.19% stake for 12.88 million lei (EUR3.1 million), according to a memo sent Wednesday to the Bucharest Stock Exc...
Romanian Shares Appear Cheap When Compared With European Ones
The shares of the leading floated Romanian companies seem to be more attractively valued than the shares of similar companies in Europe, in terms of the main stock exchange indicators, but t...
Electrica To Sell Remaining Stakes In Enel Muntenia Units
State-run energy company Electrica plans to sell its remaining shares in power distributors Enel Energie Muntenia and Enel Distributie Muntenia and will ask Italy’s Enel to present an offer...