Chemical industry company Sinteza Oradea (stock symbol: STZ) has announced in a stock market report on June 11 that alternative investment firm Societatea de Investitii Alternative cu Capital Privat Roca Investments reduced its ownership stake in Sinteza below the 15% threshold, to 14.95%.
Allianz-Tiriac Asigurari received the necessary approvals from Romania's Financial Supervisory Authority (ASF) for the transfer of its portfolio to Allianz-Tiriac Unit (formerly known as Gothaer Asigurari Reasigurari) in the context of the merger through absorption.
IULIUS Group will be investing approx. EUR28 million in its third Family Market convenience retail project to be developed in the commune of Tomesti, Iasi County.