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ZF English · Insurance

Asiban shareholders up capital by ?6m prior to sale

The four banks, which each hold 25% in insurance company Asiban - BCR, BRD-SocGen, Banca Transilvania and CEC, will increase the insurer's capital by 6 million euros (20 million RON), to 29...

Angela Placinta · 07.09.2007 · 18:18 · 1 min
ZF English

Asirom needs at least 15m euros from shareholders to relaunch

Asirom, one of the largest insurance companies in Romania, requires investments worth at least 15 million euros to update its IT system, train human resources and reorganise its claim settle...

Angela Placinta · 22.08.2007 · 18:16 · 2 min
ZF English · Companies

Amsterdam Cafe shareholders invest 2m euros in new hotel

The shareholders of Bucharest's Rembrandt hotel and Amsterdam Cafe will invest two million euros in a new hotel located in the historical centre, after closing down the Amsterdam Cafe bar an...

Roxana Grigorean · 16.07.2007 · 18:38 · 2 min
Ursus shareholders invest 50m euros to boost production capacities
ZF English

Ursus shareholders invest 50m euros to boost production capacities

Ursus Breweries, the beer market's second largest player, which posted turnover worth over 185 million euros last year, will invest 45 to 55 million euros in expanding its production capacit...

Ziarul Financiar · 13.07.2007 · 19:50 · 1 min
ZF English

Continental shareholders discuss capital increase

Continental Hotels, which announced investments worth 50 million euros for six Ibis hotels last week, is considering increasing its share capital by 14 million euros by issuing new shares. T...

Ziarul Financiar · 15.05.2007 · 19:20 · 1 min
ZF English

SIF Transilvania shareholders endorse capital increase

SIF Transilvania shareholders on Friday approved with a majority of about 90% the proposal to increase the share capital by 54.6 million RON (16.4 million euros) to 109.2 million RON (32.8 m...

Andrei Chirileasa · 30.04.2007 · 16:51 · 2 min
ZF English · Pharmaceuticals

Relad shareholders to borrow up to 60m euros

Relad Pharma, one of Romania's major drug distributors, and Relad International, a company operating drug imports, are going to contract a loan worth as much as 60 million euros, according t...

Ioana David · 17.04.2007 · 19:50 · 2 min
ZF English

Romanians: No. 1 in terms of shareholders in Europe

Over ten million Romanians - i.e. half of the country's population- are shareholders in at least one of the companies listed on the Bucharest Stock Exchange, according to statistics of the C...

Ziarul Financiar · 16.04.2007 · 18:05 · 1 min
ZF English

Banca Transilvania seeks to raise 41 million euros from shareholders

Banca Transilvania, the largest Romanian-controlled bank, intends to increase its share capital by about 217.7 million RON (65 million euros), by capitalising the net profit of 2006 and the...

Andrei Chirileasa · 22.03.2007 · 20:12 · 2 min