shares
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$2.5m in Banca Transilvania shares sold by RIC
Investment fund Romanian Investment Company (RIC) Cyprus has sold Banca Transilvania shares worth more than $2.5 million over the last two months, therefore considerably diminishing its 4.99...
Debts for shares at Rulmentul
Bearings maker Rulmentul Brasov yesterday summoned the General Shareholders Meeting to turn into shares the $8.5m receivables the Banking Assets Resolution Authority (AVAB) holds over the co...
Romanian insurers go shares
Over the last twelve months, the insurance companies in Romania, pressured by higher and higher reinsurance prices and by the lower risk absorption capacity of the international markets, hav...
Speculations with Petrom shares
The stock of Petrom, the largest company listed on the Bucharest Stock Exchange, was rocked by high oscillations last Friday, caused by the negative information that has reached the market,...
Impact issues $4m shares
Contractor and developer Impact Bucharest is planning to issue 53 million shares worth 132.5 billion ROL ($4 million). The shares, with 1,000 ROL in face value, will increase the company's c...
How many shares will Petrom unionists hold?
The powerful union of SNP Petrom, the largest company in Romania, might lose its right to buy 10% in the company at a par value of 1,000 ROL/share upon privatisation. An emergency ordinance...
T-bills better than shares
Following its quasi-failure to gain money out of Romanian listed shares, one of the foreign investment funds active on the Bucharest Stock Exchange and RASDAQ has recovered part of its initi...
Plastex to sell $1.4m's worth in shares
Plastic packaging maker Plastex Tulcea is running a 48bn ROL ($1.4 million) share issue on RASDAQ, 8bn ROL of which account for the issue premium. This is the second stage of a capital incre...
Shares in exchange for nationalised houses
The Government will reimburse the former owners of nationalised houses by granting them securities and shares. To do so, the Executive has set aside up to 20% in capital of the national comp...