Latest news
Latest news from Financial
uploads/news/48_Sediul-Central.jpg
Financial

Electrica IPO, already oversubscribed

Romania’s biggest initial public offering has been oversubscribed prior to the scheduled closing on June 25, according to Dana Mirela Ionescu, head of the Capital Markets Department within Raiffeisen Bank (one of the agents of the IPO), who was quoted by Bloomberg.
uploads/news/40_Sediul-Central.jpg
Financial

Razvan Nicolescu: “Electrica IPO is doing well”

In the fifth day since its debut, the initial public offering of Electrica is going well, according to Razvan Nicolescu, the Minister Delegate for Energy, who expects the offering to get full subscription no later than Monday, 23 June.
uploads/news/22_money.jpg
Financial

IBRD provides 1 billion euro loan for development and reform programs in health sector

Following approval of the World Bank's Board of Executive Directors earlier this year, Ioana-Maria Petrescu, the Minister of Public Finance, Liviu Voinea, the Minister Delegate for Budget and Elisabetta Capannelli, Country Manager at the World Bank’s Romanian Office concluded the agreement for two loans coming to 1 billion euro to be provided by the International Bank for Reconstruction and Development (IBRD). The amount is divided into a 750 million euro Development Policy Loan (DPL) and a 250 million euro financing destined to support the health sector reform project.
uploads/news/38_725850_96391811.jpg
Financial

Fondul Proprietatea announces sale agreement for a 5 percent stake in Romgaz

Fondul Proprietatea announced the agreement to sell an agreggate of 19,243,000 existing shares in Romgaz, company with a market cap of some 13.7 billion lei. The transaction follows an accelerated bookbuild offering of a 4.99 percent stake announced yesterday by the fund.
uploads/news/33_ID-100114957.jpg
Financial

IFC provides 35 mln euro to Garanti Bank to support small businesses in Romania

The International Finance Corporation, part of the World Bank Group, is lending 35 million euro to Garanti Bank, amount which will be allocated to finance small and medium-sized enterprises in Romania. Of the total amount, the bank announced that 20 million euro is destined to support enterprises in this categories run by female entrepreneurs.
uploads/news/35_Sediul-Central.jpg
Financial

Electrica's IPO is ongoing

Electrica launched the IPO for 51 percent of its share capital, the largest initial public offering ever on the Bucharest Stock Exchange which is being run between June 16 and June 25, 2014.
uploads/news/72_freeimage-8304795-high.jpg
Financial

The 5 pct decrease of the CAS comes into effect in October, without the IMF’s approval

The expected decrease by 5 percent of the social insurance contribution (CAS) will be eventually effective starting October 1, five months later than the initial target, Victor Ponta yesterday announced, also mentioning that the IMF and the EU Commission have not agreed with this fiscal measure.
uploads/news/90_500_40_5057177030_22bd2a05f6_z.jpg
Financial

Ponta: the IMF defers the third review on the SBA with Romania until November

The International Monetary Fund Mission is leaving Bucharest without any evaluation report, said Victor Ponta in a Bloomberg interview. Also, a new visit of a Fund’s mission in the next period, namely in July-August, it is uncertain, according to Mediafax which cites sources close to talks.
  • COMPANY
  • GOVNET MEDIA COM SR
  • J40/296/2015
  • 33968659
Copyright © 2024 itxs.ro
Copyright © 2024 itxs.ro