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Fondul Proprietatea, still not willing to invest in the Romanian Post

Fondul Proprietatea, still not willing to invest in the Romanian Post

Johan Meyer, Fondul Proprietatea (FP) Portfolio Manager and CEO of Franklin Templeton Investments Ltd, has stated on Tuesday during the press conference following FP’s General Shareholders Meeting that FP is still not willing to invest the Romanian Post company, while ...

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Sphera and Purcari join BET index which now includes 15 companies

BVB’s total transactions value in July reached a huge increase of 186 pc yoy

Bucharest Stock Exchange (BVB) increases from 13 to 15 the number of companies that will be included in BET and BET-TR indices. The Index Committee decided on September 3rd to include Sphera Franchise Group and Purcari Wineries in the main ...

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BVB expands the maximum number of companies in main indices from 15 to 20

BVB-Sibex merger Okayed

Bucharest Stock Exchange (BVB) has increased the number of companies that can be included in BET and BET-TR indices from 15 to a maximum of 20. On August 8th, BVB Board approved a series of changes to BVB indices’ methodologies, ...

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Investors take EUR 1.5 billion in dividends from BVB-listed companies

BVB kicks off 2017 with the best January in 6 years

Over 40 companies listed on the Bucharest Stock exchange (BVB) pay dividends worth RON 7.23 billion, meaning over EUR 1.55 billion. Among the first 20 companies according to the total value of dividends, 6 of them offered a two-digit dividend ...

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Endava marks IPO and first day of trading on New York Stock Exchange

Endava marks IPO and first day of trading on New York Stock Exchange

Endava (NYSE: DAVA) opened for trading today on the New York Stock Exchange (NYSE) under the ticker symbol “DAVA” following its initial public offering. Endava is a leading next-generation technology services provider that helps accelerate disruption by delivering rapid evolution ...

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BNR wants to limit household credit. As of July 1, the household indebtedness level will no longer exceed 50pc of revenues

Insignificant growth of loans granted by banks in April, BNR data reveal

The National Bank of Romania (BNR) wants to restrict household credit and intends to drastically limit the household indebtedness for mortgage and consumer loans. Most affected will be the Romanians with low incomes, stiri.tvr.ro informs. The new regulation could be ...

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Polish online foreign exchange company posts record turnover after 7 months of operations in Romania

Polish online foreign exchange company posts record turnover after 7 months of operations in Romania

Polish fintech Aforti Exchange, which offers online foreign exchange services, has reached approximate EUR 3 million monthly turnover in just 7 months since establishing operations in Romania. As a comparison, the same result was accomplished in Poland only 32 months ...

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