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Tag Archives: stock exchange

Romanian capital market just one step away from becoming Emerging Market

Romania was maintained by FTSE Russell on the watch list of countries for possible reclassification from Frontier to Secondary Emerging market. “Liquidity – Sufficient broad market liquidity to support sizeable global investment” was upgraded from ‘Not Met’ to ‘Restricted’, following ...

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PetrolExportImport to file for insolvency

The PetrolExportImport Shareholders General Assembly will discuss, on October 1, the request for opening the simple procedure for insolvency, according to the notification posted on the Bucharest Stock Exchange (BVB) website. The reason is related to the takeover, by Piraeus ...

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Capping of gas price: Romgaz and OMV Petrom shares fall. ROPEPCA warns gas imports will grow. ANRE to increase tariff by 5.83pc

The shares of gas companies Romgaz and OMV Petrom fell on Thursday on the Bucharest Stock Exchange (BVB) after the Ministry of Finance has put for public debate a draft Government Decision that envisages cutting the gas price to RON ...

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Transgaz, net profit up by 21pc in nine months to almost RON 434m

Transgaz registered a net profit of RON 433.552 million in the first nine months of this year, up by 21% against the one in the similar period of 2016, of RON 358.469 million, according to data submitted on Monday by ...

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Marius-Alin Barbu, BVB interim general manager

Marius-Alin Barbu has been appointed on Wednesday as interim General Manager of the Bucharest Stock Exchange (BVB) by the BVB Board, according to information released on the website of the stock market operator. “The Bucharest Stock Exchange informs that the ...

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Chimcomplex remains the only bidder for Oltchim, as the investment fund withdraws

Oltchim’s official receivers have announced the Bucharest Stock Exchange (BVB) on Tuesday, in a press release, that the only bidder who has signed a sales contract for the company’s asset packages 1-5 and partly 7 packages that imply the company’s ...

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PM Tudose, dissatisfied with Fin Min Misa, PSD leader Dragnea says the minister will not be replaced

Prime Minister Mihai Tudose is dissatisfied with the Finance Minister Ionut Misa, according to sources quoted by hotnews.ro. Nevertheless, social-democrat chairman Liviu Dragnea has told Antena 3TV the minister will not be replaced. The sources say PM Tudose is disgruntled ...

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Transelectrica, falling net profit by 31pc in H1

Transelectrica registered in the first semester a net profit of RON 98 million, down by 31% against the similar period in 2016, a report sent to the Bucharest Stock Exchange (BVB) reads. “The net profit has decreased by approx. 30.62% ...

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