Romania Feed
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ZF English - 14:55 Apr 28, 2021
Shareholders of Banca Transilvania (TLV.RO), the biggest lender in Romania by assets, approved Wednesday a share capital hike of RON573.7 million from the lender's 2020 net profit and granting one free share per each 10 shares owned. -
ZF English - 14:34 Apr 28, 2021
Shareholders of Fondul Proprietatea (FP.RO) approved Wednesday the distribution of special dividends from non-distributed profits from 2016 and 2017, as the company reported a loss of RON102.9 million in 2020. -
ZF English - 14:26 Apr 28, 2021
Insolvent chemical fertilizer plant Chemgas Slobozia, part of Interagro group, up for sale by judicial liquidator, has sold for the starting price of RON124 million net of VAT. -
ZF English - 14:15 Apr 28, 2021
The Bucharest National Airport Company (CNAB), which manages Bucharest’s two international airports, Henri Coanda - Otopeni) and Aurel Vlaicu- Baneasa, will be starting procedures to implement furlough for its employees amid lingering effects of the coronavirus pandemic. -
ZF English - 14:02 Apr 28, 2021
Shareholders of regional investment fund SIF Oltenia (SIF5.RO) on Wednesday approved the board's proposal to distribute 47.86% of the company's 2020 profit as dividends. -
ZF English - 13:27 Apr 28, 2021
APX Hotels group, owned by Romanian investor Adrian Polec, has bought the former Libra hotel in Sibiu for EUR1.85 million, which it will renovate and reopen as the four-star Hermanns Hotel in July this year. -
ZF English - 13:10 Apr 28, 2021
Real estate consultancy company Cushman & Wakefield Echinox has advised real estate developer River Development in the sale of its The Light One office building in Bucharest to Austrian group Uniqa in the largest real estate transaction registered this year so far in Romania. -
ZF English - 13:01 Apr 28, 2021
OMV Petrom, Romania's sole producer of oil and gas, will provide a strategy update in the second half of this year in a move towards green energy. -
ZF English - 11:25 Apr 28, 2021
Shareholders of winemaker Purcari (WINE.RO) on Wednesday (April 28) approved the distribution of dividends in the total amount of RON26 million from accumulated profits, respectively a dividend of RON1.30 per share, as well as a share buyback program. -
ZF English - 09:28 Apr 28, 2021
Real estate investments in Romania totaled EUR98 million in the first quarter of 2021, lower by 19% compared with the level reported in the same period in 2020, per the quarterly report of CBRE, leader on the real estate consulting market. -
ZF English - 08:24 Apr 28, 2021
Patria Bank, held by private equity fund Emerging Europe Accession Fund (EEAF), plans to increase lending by 23% to RON2.19 billion, which will increase the bank’s assets by 10% up to RON3.79 billion, according to the bank’s 2021 budget voted by shareholders. -
ZF English - 08:06 Apr 28, 2021
Belgian-held logistics space developer WDP, one of the most active investors on the Romanian market, made EUR11.3 million in rental income in this country in the first quarter, its latest report shows. -
ZF English - 07:41 Apr 28, 2021
Apa Nova, the water and sewer utility company in Bucharest, ended 2020 with more than EUR169 million revenue, higher than in 2019. -
ZF English - 07:02 Apr 28, 2021
Corporate loans have become the lending driver in Romania, with the volume going up 14.4% to RON81.9 billion in March over the year-ago month. -
ZF English - 15:40 Apr 27, 2021
Real estate investment trust Star Residence Invest (REIT.RO) has summoned shareholders for a meeting on May 31-June 2 to approve a share capital increase by RON19.2 million to fund its further development. -
ZF English - 13:57 Apr 27, 2021
OMV Petrom (SNP.RO), the biggest energy company in South-Eastern Europe and the biggest issuer on the Bucharest capital market by value, Received shareholder approval Tuesday to pay dividends amounting to nearly RON1.8 billion from its 2020 profit and reserves. -
ZF English - 13:41 Apr 27, 2021
Romanian state-owned natural gas producer Romgaz (SNG.RO) on Tuesday received its shareholders' go-ahead for the distribution of dividends amounting to RON690 million from its 2020 profit and retained earnings. -
ZF English - 12:27 Apr 27, 2021
Romanian construction materials manufacturer TeraPlast Group seeks to double the recycling capacity of its TeraPlast Recycling division to 31.000 tons, leading to a reduction of up to 62.000 tons per year in CO2 emissions by recycling alone. -
ZF English - 11:40 Apr 27, 2021
Romanian state-owned gas natural transmission company Transgaz (TGN.RO) received shareholder approval Tuesday to pay dividends totaling RON95.8 million from its 2020 profit. -
ZF English - 11:07 Apr 27, 2021
Shareholders of Romanian state-owned power grid operator Transelectrica (TEL.RO) on Tuesday rejected the dividend proposal of RON0.814 per share, from the 2020 profit and from retained earnings, which would have ensured a 3% yield, according to a shareholder decision published on the stock market.