BRD Groupe Société Générale (BRD.RO), the fifth-largest bank in Romania by assets, informed its investors on Wednesday that the investment fund Lion Capital (LION.RO) had sold 800,000 BRD shares.
The reorganization plan for Romaero, a state-owned insolvent company, was approved by the creditors’ meeting on June 17, 2026. The proposal, developed by the company together with the court-appointed trustee Expert Insolventa SPRL Filiala Bucuresti (Bucharest Branch), was approved by three of the four categories of creditors (secured creditors, employees, and public sector employees).