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Shareholding changes for Asirom
One of Romania''s top three insurance companies, Asirom, is going through changes related to the shareholding structure and the management. Less than two months after a US investment fund, Q...
No Treasury bills for non-residents yet
Romania does not allow foreign investors to access the market of Treasury bills issued in RON yet, despite the public perception that the deregulation has actually taken effect as of January...
Car market dilemma in 2006: spend more for the same sales
The better than estimated growth of the car market last year will show in the sales of new cars this year, which could witness a decline for the first time since 2000. The boom in the sales...
ISAF exits Asiban for 12m euros
Intreprinderea de Semnalizari si Automatizari Feroviare (Railway Signalling and Automation Company - ISAF) sold its 20% in Asiban to the other four shareholders of this insurance company, BC...
HVB brings 16.7m euros for merger with Tiriac
HVB Bank Romania last November operated a 16.7 million-euro capital increase, as part of the ongoing merger process with Banca Tiriac. "It was an operation with a precise destination, consid...
Rompetrol bonds ready for trading
The shareholders of Rompetrol Rafinare have approved registration with the National Securities Commission (CNVM) and trading on the Bucharest Stock Exchange of the bonds issued two years ago...
BCR sale, over 50 million-euro business for consultants
Investment banks, consultants, lawyers and auditors will collect more than 50m euros from the sale of the largest bank in Romania, a transaction worth 3.75 billion euros. The business genera...
71m euros for infrastructure
The European Bank for Reconstruction and Development (EBRD) will lend CFR (Romanian Railway Company) 22.65 million euros to upgrade the railway system, and especially the Craiova-Caransebes-...
Banias: 102m euros for new container terminal
The general manager of Compania Nationala Administratia Portuara Maritima Constanta (Constanta Maritime Harbour Administration National Company) has announced that container traffic doubled...