Stock Exchange - Business Review

Stock Exchange

Globalworth raises EUR 340 mln in new shares’ placement

Offices December 08, 2017 16:50 0 comments

Real estate developer Globalworth has placed new ordinary shares at a price of EUR 8.75 per share, raising total gross proceeds of EUR 340 million, in excess of the company's target and oversubscribed at this…more »

Bucharest Stock Exchange

Analysts: IPOs and significant dividends trend to continue in 2018 at BVB

Stock Exchange December 06, 2017 11:41 0 comments

The IPOs and significant dividends trend will continue in 2018 at the Bucharest Stock Exchange (BVB); the banking and energy sectors will be even more attractive for investors and the market has a growing potential…more »

Ludwik Sobolewski resigns from CEO position at BVB

Stock Exchange October 27, 2017 13:49 0 comments

Ludwik Sobolewski resigns from CEO position at the Bucharest Stock Exchange (BVB) according to the letter of resignation submitted on BVB site by Marius-Alin Barbu deputy CEO of BVB. „BVB  informs that on October 27,…more »

Electrica SA

M&A alert. Electrica shareholders approve purchase of minority stakes from FP for RON 752 mln

Stock Exchange October 26, 2017 16:05 0 comments

Electrica, the electricity supply and distribution firm, will take over minority stakes in several of its subsidiaries held by Fondul Proprietatea, the closed-end fund. The deal worth RON 752 million was approved by shareholders during…more »

Sphera Franchise Group’s shareholders aim to raise RON 324.4 mln from IPO

Stock Exchange October 24, 2017 11:07 0 comments

The shareholders of Sphera Franchise Group, the company that manages restaurants under the brands KFC, Pizza Hut and Taco Bell, aim to raise RON 324.4 million from an IPO, according to prospect submitted to the…more »

Romanian share transactions up 30 pct in the first nine months to EUR 1.8 bln

Stock Exchange October 20, 2017 16:00 0 comments

Romania's capital market strengthens its position in the region, after recording a 30 percent increase of shares' transactions in the first nine months of this year to EUR 1.8 billion, according to a release of…more »

Hidroelectrica

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 »