dividends

Romania has no more room to increase the debt by accumulating budget deficits, given that the maximum level that the local economy can sustain is 40-45% of GDP at the most. The local banking system, the largest financier of the public debt,…

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…

OMV Petrom published its results for January – June and Q2 2018 on Thursday, pointing to a 6% increase in consolidated sales. According to the company release, the consolidated sales of RON 9,851 mn for 6m/18 increased by 6% compared to…

The European IPO market ended the first half of 2018 with total proceeds of EUR 21.8bn raised from 168 IPOs, an increase of 5% in money raised and 4% increase in the number of IPOs compared to H1 2017, when 161 IPOs raised EUR 20.8bn,…

Bucharest Stock Exchange (BVB) registered one of its most dynamic years in 2017. Four private companies listed their shares on BVB last year alone, which also recorded the largest IPO of a private company in the history of the local capital…

The National Regulatory Authority for Energy (ANRE) has approved Transelectrica to increase by 28% the tariff for the system service as of with January 1, 2018. Paradoxically, Transelectrica, national energy transport operator, has…

OMV Petrom strongly rejects the allegations of non-payment of obligations to the state, brought on Thursday during the meeting of the parliamentary commission for investigation of ANRE's activity. The officials of the largest oil and gas…

The Economy Ministry has asked Transgaz to convene an ordinary shareholders general meeting in order to approve the payment of dividends worth RON 171 million from the current amounts, a document sent to the Bucharest Stock exchange (BVB)…

Conpet is the second company after Romgaz which has announced that the Energy Ministry has asked it to pay money to the state budget as special dividends. Conpet informed investors on Monday that it would convene the Shareholders General…

The amendments made by the Government to the Tax Code on Wednesday do not provide for the exemption of doctors from the income tax, as stipulated in the PSD governing programme. A similar fate has the tax exemption on revenues from…