According to data provided by Zoltan Kosy, country manager with Tornator, one of the top five players in the wood market, the five biggest foreign forest owners have come to own over 80,000 hectares on … [Read more...]
Vimetco To Sell Shares In Romania’s Alro Slatina
May 19, 2011 By Leave a Comment
The Vimetco group wants to sell through a secondary public offer a 21 % share package in aluminium producer Alro Slatina in Romania. The Romanian Securities Commission (CNVM) has recently approved the … [Read more...]
Bucharest Stock Market Growth Potential This Year Between 10 and 15 %
May 17, 2011 By Leave a Comment
Erste-BCR analysts say that the Stock Exchange could grow by 10 to 15 % this year. Also, they say the potential calculated is based on the estimates on government credit, RON/EUR exchange rate and yield … [Read more...]
Oltchim’s Privatization Sends Share Price Up 70%
April 1, 2011 By Leave a Comment
Oltchim Râmnicu-Vâlcea (OLT) is the biggest petrochemical facility in Romania. In the past month and a half, Oltchim’s shares have been heavily traded by Stock Exchange investors, which brought the … [Read more...]
Zentiva Pay Out Dividends Of 30m Euros
March 21, 2011 By Leave a Comment
Zentiva Bucureşti (SCD), well known drug producer, will pay out dividends worth a total of 125 million lei (nearly 30 million euros) from the profits of the last few years. These are the first amounts … [Read more...]
Japan Nuclear Crisis Contaminates Stock Markets World Wide
March 16, 2011 By Leave a Comment
The Tokyo Stock Exchange lost 10.6%.Shares across the world fell. A new major earthquake hit. The situation in Japan remains critical after a third blast at the Fukushima nuclear power plant. Also, a rise … [Read more...]
2012 Might List Hidroelectrica On BVB
February 23, 2011 By Leave a Comment
According to Constantin Trihenea, general manager Hidroelectrica, the option of listing the company on the Bucharest Stock Exchange (BVB) in 2012 has been thought of. The listing will happen if the strategy … [Read more...]
Romtelecom-Cosmote Merge Before Listing On The BVB
February 22, 2011 By Leave a Comment
The minister of Communications, Valerian Vreme, stated that Romtelecom and Cosmote Romania may merge before the listing of the first telecom operator at the Bucharest Stock Exchange (BVB). Following this … [Read more...]
