London Stock Exchange

RTPR has advised private equity fund Innova Capital in relation to the acquisition of PayPoint Services SRL and Payzone SA from PayPoint group which is listed on the London Stock Exchange. PayPoint is a market leading consumer payments…

Franklin Templeton International Services S.À R.L, in its capacity as alternative investment Fund Manager and sole director (the “Fund Manager”) of Fondul Proprietatea S.A. (the “Fund”), informed that Steven van Groningen had resigned from…

CBRE, the world and local market leader in real estate consultancy, advised London Stock Exchange Group (LSEG) in the leasing transaction of 3,000 m² office space for a new Business Services Centre in Bucharest. The center will open later…

The oil company Timis Corporation, owned by Romanian millionaire Frank Timis, has sold its 30% stake in two offshore oil exploration blocks in Senegal to British Petroleum (BP) for more than EUR 150 million, according to sources quoted by…

According to the separate preliminary unaudited results, Romanian Electrica ended 2016 with a net profit of RON 239.2 million, down 20 percent from that of 2015 of RON 300.86 million. Electrica’s officials point out that “the result of…

The Bucharest Court decided on Tuesday, June 21, the closure of the insolvency proceedings of Hidroelectrica, said Remus Borza, head of Euro Insol, state-owned electricity producer’s trustee in bankruptcy. “The decision is not final, but…

Finance Minister Anca Dragu, gave on Friday the start of the London Stock Exchange trading session, emphasizing the fast evolution of the Romanian economy, with a GDP forecasted to grow by 4.2 percent this year, a press release informs.…

Fondul Proprietatea (FP) celebrates five years since its listing on the Bucharest Stock Exchange (BVB), the specialists appreciating the immense contribution for the development of the Romanian capital market, being one of the most visible…

OMV Petrom's shareholders have decided to list its shares on the London Stock Exchange (LSE) via global depository receipts (GDRs), a statement filed with the Bucharest Stock Exchange reads. Austrian OMV group, the company's majority…

Israeli real estate developer Plaza Centers, in process of apparently exiting the Romanian market, announced that it has reached an agreement with Long Bridge Electric TL to sell Palazzo Ducale, an office building of 823 sqm GLA downtown…