IPO

New Board of Administration has been appointed at Salrom, the decision being taken during the General Shareholders Meeting that took place on July 8, a press release informs. “We would like to congratulate the Ministry of Economy for the…

General Meeting of Hidroelectrica Shareholders has appointed Friday a provisional Supervisory Board, where the majority of members are independent, Energy Minister Victor Grigorescu, said in a press conference. The seven members of the…

Romanian state-controlled hydropower producer Hidroelectrica is expected to get out of insolvency next week on June 8, when the next retrial term of the case is scheduled at the Bucharest Court, company’s trustee Remus Borza suggested in…

During May 16 – 20, Fondul Proprietatea (FP) purchased 5.4 million GDRs (Global Depositary Receipts) for RON 3.9 million in a buy-back programme, according to information published on the Bucharest Stock Exchange (BVB). There are 639.9…

Hunedoara Energy Complex is very close to insolvency, given its difficult situation and the large number of requests in this regard, Andrei Gerea Energy Minister said in an interview for Mediafax on Friday. “This should not scare us. It…

The significant evolution registered in July drove the Romanian market capitalization to a new all-time high, of RON 154.2 million (almost EUR 35 billion), level by 5.87 percent higher compared to the one at the end of June and, at the same…

The state-owned company Hidroectrica will come out of insolvency during this year and will be listed on the stock exchange in the first half of 2016, Remus Borza, the representative of Euro Insol, company’s judicial administrator said on…

Ex-delegate minister of energy Razvan Nicolescu has joined Deloitte Romania as Executive Lead Advisor thus enhancing the firm’s Energy & Resources practice. According to a press release, from this position, he will focus on Romania as…

Cupru Min Abrud will not be listed next year on stock exchange anymore, but it will be included in a national company of copper, along with Minvest Deva and Moldomin said on Monday Economy Minister Constantin Nita in a press conference.…

The Bucharest Stock Exchange, ranked as one of the world’s best-performing, and its new largest shareholder, European Bank for Reconstruction and Development (EBRD), have set their sights on becoming a financial hub for the region. They eye…