increase
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$15m capital increase at Alprom Slatina
The aluminium processor Alprom Slatina is planning to increase its share capital by 494bn ROL ($14.5 million) by contributions from shareholders. The new shares will be sold to the sharehold...
Oltchim mulls $90m capital increase
Petrochemical plant Oltchim Ramnicu-Valcea is planning a $90m (2,815 billion ROL) capital increase by including reserves derived from asset reassessment. If the increase is endorsed, each Ol...
Banca Romaneasca to increase capital by 3m euros
The shareholders of Banca Romaneasca have decided during the latest General Meeting to favour the bank's capitalisation over dividends this year. Thus, they approved a 100bn ROL (3m euro) ca...
Aventis Romania sees 18% increase
French drugmaker Aventis Pharma is betting on $23-24m sales this year on the Romanian market, up from last year's $19.5 million. "This is indeed an ambitious target, considering we are not e...
Capital increase at Banca tiriac
Banca tiriac's Board of Directors has called the extraordinary general meeting of the bank to endorse the increase of the share capital by 340.68bn ROL (nearly $10.5 million). The bank's cap...
Omniasig sees 600% increase
Omniasig Asigurari de Viata (Omniasig Life Insurance) last year saw its business grow six times, but company officials expect the growth pace to slow down in 2003, given the tax legislation...
Interamerican sees 80% 'life' increase
Insurance company Interamerican Romania last year logged $2.8 million in gross underwritten premiums for life insurance, up more than 80% in dollars since the previous year. The company esti...
Marriott posts 15% increase
The Bucharest Marriott Grand Hotel last year logged some $23 million in turnover, up 15% since 2001, Richard Zeolla, the hotel's general manager told Ziarul Financiar. Zeolla forecasts simil...
Alro concludes capital increase
Aluminium producer Alro Slatina has increased capital by nearly $30 million, following the sale of 195.6 million shares. The consortium comprising Marco International, Marco Acquisitions and...