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Energy Ministry prepares the draft bill on Hidroelectrica’s 10 pct stake sale in IPO

Stock Exchange October 09, 2017 15:23 0 comments

The Energy Ministry has prepared a draft bill on Hidroelectrica’s listing of a 10 percent stake in an Initial Public Offering (IPO). The bill which is debated in the Energy Ministry will change thus the…more »

Sphera Franchise Group aims to list 25 pct of its shares for IPO

Stock Exchange October 09, 2017 12:40 0 comments

Sphera Franchise Group SA, comprising the companies that own the brands KFC, Pizza Hut and Pizza Hut, announced today the intention of floating 25 percent of its shares on an IPO on Bucharest Stock Exchange…more »

Negritoiu (ex-ASF): One politician asked me to sack a multinational CEO

Legal September 29, 2017 09:53 0 comments

Misu Negritoiu, the former head of the Financial Supervision Authority (ASF), said that one politician had asked him to oust the CEO of a multinational firm present on the local market. “Probably the intervention that…more »

Third issuance of International Investment Bank’s bonds starts trading on BVB

Stock Exchange September 28, 2017 17:09 0 comments

The third issuance of corporate bonds issued by International Investment Bank (IIB) on the Romanian capital market starts trading on the main market of the Bucharest Stock Exchange (BVB). The issue is structured in two…more »

International Investments Bank to list bonds of RON 300 mln and EUR 60 mln at BVB

Stock Exchange September 21, 2017 15:54 0 comments

The International Investments Bank, with headquarter in Moscow, will list bonds of RON 300 million and EUR 60 million on the Romanian capital market, according to an announcement of the Bucharest Stock Exchange (BVB). For…more »

Fondul Proprietatea

Fondul Proprietatea gets close to RON 400 mln from 2.5 pct stake sale in OMV Petrom

Stock Exchange September 21, 2017 13:08 0 comments

Fondul Proprietatea got close to RON 400 million from selling a 2.5 percent stake in Austrian oil major OMV Petrom. “As the shares price was established at RON 0.2750/share, the gross revenues from the transaction…more »

Superbet bonds start trading on Bucharest Stock Exchange

Stock Exchange September 20, 2017 15:07 0 comments

Corporate bonds of gambling operator Superbet have started trading on the Alternative Trading System managed by the Bucharest Stock Exchange (BVB) from September 20. The bonds which reach maturity in 2020, with a fixed interest…more »

"Johan Meyer"

Johan Meyer (Fondul Proprietatea): “Our preferred strategy for Hidroelectrica is its IPO”

Power September 08, 2017 12:37 0 comments

Fondul Proprietatea, the closed-end fund managed by Franklin Templeton, has appointed City and UBS as financial advisers, as it looks at strategic options for its 19.94 percent stake in Hidroelectrica, the state-owned hydroelectricity producer. “We…more »

Investors’ traded shares up by 35 pct to over EUR 1.5 bln in 8 months

Stock Exchange September 07, 2017 16:25 0 comments

Investors' traded shares increased by 35 percent to over EUR 1.5 billion in 8 months compared to the same period of the last year. Over EUR 180 million worth of shares were traded last month,…more »

Bucharest Stock Exchange

BVB’s trading volume down to RON 37.9 mln this Monday

Stock Exchange September 05, 2017 10:18 0 comments

The total value of the trading volume of Bucharest Stock Exchange (BVB) went down to RON 37.9 million (EUR 8.26 million) this Monday, out of which the share transactions represented RON 37.25 million (EUR 8.1…more »