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SIF Oltenia Buys 5% In Bucharest Stock Exchange For EUR1.7M
Romanian regional investment fund SIF Oltenia (SIF5.RO) has entered the shareholding structure of the Bucharest Stock Exchange (BVB.RO) after it bought a 4.99% stake in the capital market op...
EBRD Sells 0.4% Stake In OMV Petrom For RON85M
The European Bank for Reconstruction and Development (EBRD) Wednesday sold 20% of its stake in Romanian leading oil company OMV Petrom (SNP.RO) for 84.9 million lei (EUR18.8 million).
Naspers Paid $83M For 70% In eMag
South-African internet giant Naspers paid around $80 million in October for a 70% stake in Romania's largest online retailer eMag.
Sorin Minea To Take Over Full Control Of Angst Next Year, Swiss Partners Are Set To Withdraw
Sorin Minea, one of the best-known entrepreneurs on the Romanian cold cuts market, will take over full control of Angst business in 2013, buying the remaining stake from his Swiss partners.
ING Pension Funds Own 5% In Compa Sibiu
The pension funds managed by ING currently own 5% in automotive component maker Compa Sibiu (CMP.RO), one of the companies on the stock market with a significant increase in financial result...
Almost 16% In Albalact Sold For RON10.3M In Bucharest
A stake of 15.87% in Romanian dairy maker Albalact (ALBZ.RO) was sold Tuesday on the Bucharest Stock Exchange for 10.35 million lei (EUR2.3 million).
Romania To Extend By One Year Deadline To List Key State Companies
Romania’s government extends by one year, until December 31, 2013, a deadline to list minority stakes in several state-owned companies on the Bucharest Stock Exchange and on international ma...
Finance Ministry To Transfer Stake In Rompetrol Rafinare To Economy Ministry
Romania’s Finance Ministry will transfer its 44.7% stake in oil company Rompetrol Rafinare (RRC.RO) to the privatization unit of the Economy Ministry, according to an emergency ordinance app...
SIF Oltenia Stalls Sale Of BCR Stake: We Have All The Time In The World
Romanian regional investment fund SIF Oltenia (SIF5.RO), the only one of the five SIFs which has yet to sign the contract to sell its shares in BCR to Austria’s Erste Group Bank (EBS.RO), sa...