STOCK
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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...
Romania Registers EUR7B MTN Program In Luxembourg
Romania has registered its euro medium-term financing program (EMTN – Euro Medium Term Note), worth up to EUR7 billion, with the Luxembourg stock exchange. Next Monday will see the start in...
Minority Stake Sold In Romanian Concefa For RON5.85M
A 7.9% stake in Romanian construction company Concefa Sibiu (COFI.RO) was sold Tuesday on the Bucharest Stock Exchange, for a total 5.85 million lei (EUR1.4 million).
Raiffeisen Recommends "Buy" For Alumil, Target Price Raised To RON1.9
Austrian financial group Raiffeisen expects the shares of Romanian aluminum systems maker Alumil Rom Industry (ALU.RO) to rise 34% within 12 months, to 1.9 lei (EUR1=RON4.114) per unit, and...
Proprietatea Fund Core Hldrs Exempt From Capital Gains Tax
Romanians who were compensated for their communism-seized property in Fondul Proprietatea stock will not be taxed on the profit achieved in selling the shares on the bourse, according to Dan...