Romania Feed
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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. -
ZF English - 10:46 Apr 27, 2021
Romania's general consolidated budget posted a deficit of RON14.6 billion in the first quarter of 2021, or 1.28% of the gross domestic product, lower compared with RON18 billion, or 1.7% of GDP, in the first quarter last year, finance ministry data showed Tuesday. -
ZF English - 09:52 Apr 27, 2021
Noriel Impex, the distribution division of Noriel Group, a brand operating on the toy and games market, has accessed a financing of RON6 million (EUR1.22 million) from lender Raiffeisen Bank, which is 90% guaranteed by EximBank, within the COVID-19 state aid scheme intended for large companies. -
ZF English - 09:42 Apr 27, 2021
Romania's competition authority said Tuesday it has authorized the acquisition of Crédit Agricole Bank Romania by Vista Bank Romania. -
ZF English - 09:29 Apr 27, 2021
Private lending in Romania grew 1.8% in nominal terms and 1.4% in real terms in March compared with February, to RON290.569 billion, central bank data showed Tuesday. -
ZF English - 09:11 Apr 27, 2021
Agroserv Mariuta Raises EUR4M From Investors In Oversubscribed Offer Brokered By BT Capital Partners
Agroserv Mariuta SA, the dairy processor of Laptaria cu Caimac, has raised RON19.4 million (EUR4 million) from stock market investors, through an offer oversubscribed 3.6 times and brokered by BT Capital Partners, the investment banking and capital market division of lender Banca Transilvania. -
ZF English - 08:41 Apr 27, 2021
AFI Europe Romania has started in April renovation works for the common areas within the AFI Lakeview office building, which was acquired from South-African investment fund NEPI-Rockcastle in 2020; the investment in this project amounts to nearly EUR1.6 million.