Parliament to send state-owned firms back in time
Through a movement that proves the lack of economic education, but also a repetition of the history of the last…
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Bucharest Stock Exchange
Changes in the Board of Directors of Rompetrol Rafinare
Bogdan-Cătălin Steriopol was appointed interim member of the Board of Directors of Rompetrol Rafinare, replacing Mihai-Liviu Mihalache, who resigned from…
Electrica analyzes the possibility of participating, together with SAPE and Hidroelectrica, in the tender for CEZ subsidiaries in Romania
Electrica is analyzing the possibility of participating, in consortium with the Energy Participation Management Company (SAPE SA) and Hidroelectrica, in…
An Oil Terminal shareholder is requesting an extension of the talks on the capital increase
Oil Terminal (OIL) received the request of Dumitrescu Valentin Sebastian, a shareholder holding 16.73% of the company’s shares, to complete…
BVB recovered 4.63% in April, posting the highest monthly growth rate
The companies listed on the Bucharest Stock Exchange (BVB), included in the BET index, registered an increase of 4.63% in…
PwC România: BSE lost 34% since the beginning of the year, yields still over T-bonds
Bogdan Tudorache Bucharest Stock Exchange (BSE) lost from the start of the year, since the first news about Coronavirus, 34%…
Allianz exceeds the 5% threshold in Electrica, benefits from shares recovery
Bogdan Tudorache An investment fund owned by Allianz has acquired Electrica shares, exceeding the 5% threshold, according to a report…
Nuclearelectrica proposes dividends of about 500 million lei, obtains a new certification
Bogdan Tudorache Nuclearelectrica convened the general meeting of shareholders for April 27. In the convening act, the company proposes to…
TeraPlast enters the BET index, which expands to 17 companies for the first time in history
Bogdan Tudorache The Bucharest Stock Exchange (BVB), a fundamental institution of the capital market, has decided to expand to 17…
Deloitte: The effects of the COVID-19 pandemic on financial markets
Bogdan Tudorache The International Monetary Fund (IMF) has announced that it is making available to emerging and low-income states $50…
Fears of the coronavirus epidemic have joined the oil price crash, causing stock market declines in Bucharest
Fears of the coronavirus epidemic have joined the oil price crash, and this situation led to the Bucharest Stock Exchange…
Electrica posted net profit down 13.5% for 2019
Electrica SA reported an individual net profit (preliminary and unaudited) decreasing by 13.5% in 2019 compared to 2018, to 257.7…
Norway’s sovereign fund sells holdings of Nuclearelectrica and Romgaz
Norway’s Sovereign Investment Fund, the largest in the world, with assets under management of about 1.1 trillion USD, liquidated in…
Oil Terminal – profit almost nine times higher than in 2018
Oil Terminal, the operator of the Black Sea oil terminal, reported a preliminary net profit of 2.42 million lei for…
Electrica Muntenia Nord purchased energy from Nuclearelectrica worth 11.8 mln. lei
Energy distribution company Electrica Muntenia Nord purchased electricity from Nuclearelectrica (SNN) worth 11.8 million lei, excluding VAT, according to a…
Transgaz shareholders, called for approval of the financing Development Plan for 2019-2028
The shareholders of Transgaz were summoned, on March 4, to approve the financing of the “Development Plan of the National…
Tanase: The Hidroelectrica listing is decisive, BET increased by 35% in 2019
Bogdan Tudorache Hidroelectrica and CEC Bank’s IPOs are decisive for the growth needed to ensure the emerging market status from…
Radu Hanga becomes president of the Stock Exchange, Dragoș Neacșu enters the board
Radu Hanga is the new chairman of the Bucharest Stock Exchange (BVB), while Dragoş Neacşu, former CEO of Erste Asset…
Romgaz: The country’s gas consumption decreased by 5.7% in the first nine months
National gas consumption decreased by about 5.7% in the first nine months of this year, while Romgaz production was higher…
BVB and partners in the energy and financial field set up the company as a Central clearing house
The Bucharest Stock Exchange (BVB) set up, along with eight other shareholders, the company for the local central counterparty –…
Electrica has approved the increase of the company’s capital by 6 mln. lei
The Board of Directors of Electrica approved on Friday the increase of the share capital of the company with an…
Romgaz, among the performers of the Stock Exchange; the FTSE announcement didn’t surprise the market
Bogdan Tudorache The FTSE announcement regarding the advancement of the local stock exchange to the emerging status has not surprised…
Mark Gitenstein has received a new term in the Committee of Shareholders’ Reps of Fondul Proprietatea
Shareholders of Fondul Proprietatea have decided to appoint former United States Ambassador to Romania Mark Henry Gitenstein as a member…