The Romanian Financial Supervisory Authority (FSA) has not approved the Regulation regarding the listing on foreign EU markets through the depositary interests of shares listed in Romania, because it did not meet the majority of required votes, announces Fondul Proprietatea, also pointing out that no argumentation in the support of this decision has been presented....more »

The European Bank for Reconstruction and Development is releasing a 23 million euro loan for the confectionery factory Turkey’s ETI will establish in Craiova, Romania, announces a press release. The total cost of the investment, a greenfield one, will be 40 million euro, the candy manufacturer having also been granted a 6 million euro aid by the Romanian State....more »

Banca Transilvania has announced that it is negotiating on potential acquisition of Volksbank Romania, confirming information published in the media about talks between the two banks....more »

The South African investment fund, NEPI, has closed the accelerated book build launched on November 24, the amount to be raised totaling approximately 150 million euro, funds which will be used to finance the acquisition of Promenada Mall in Bucharest....more »

New Europe Property Investment (NEPI) is running a new equity raising of about 100 million euro through an accelerated bookbuild conducted on the Johannesburg Stock Exchange and the London Stock Exchange, after last month the South African inve...more »

The European Commission approved the release of additional 262 million euro from the Cohesion Fund to cover the costs incurred by Romania with the construction of two sections of motorway, reads a press release. ...more »

The European Bank of Reconstruction and Development has acquired a 4.99 percent stake in the Bucharest Stock Exchange (BVB) as part of its strategy to promote the development of Romania’s capital markets, trough investment, technical advice a...more »

Banca Transilvania receives additional 15 million euro funds from the European Bank for Reconstruction and Development, the amount provided through this credit line being destined to lend small and medium-sized enterprises investing in energy efficiency projects. The finance agreement was signed on November 18, 2014, announces the Cluj-headquartered bank....more »

Romania’s economy resumed its uptrend in the third quarter of 2014, according to the “flash” estimates released by the National Institute of Statistics (INSSE) which reveal a 1.9 percent growth of the Gross Domestic Product (GDP) in Q3 compared to the previous three months. ...more »

Franklin Templeton, the manager of Fondul Proprietatea (FP), has announced its intention to sale up to 2,047,095, shares, equivalent to a 23.6 stake currently held in Conpet, a state-owned company operating in the field of crude oil transport and listed on the Bucharest Stock Exchange (BVB). ...more »