Shareholders of parent company of Romania's RCS & RDS could get up to €264.9mn from IPO.
Fund manager Greg Konieczny says interim appointments are "bad news" for Hidroelectrica and other companies, and will delay long-awaited IPO of hydropower producer.
Worsening relations between Russia and the West, plus pressure to meet Nato defence spending commitments, push up expenditure in Eastern Europe.
“Let me start by asking you a simple question: if you earn a 8% return on an investment per year is that a good investment?” asks the president of the Bucharest Stock Exchange Lucian Anghel. If the answer is 'yes' you should go to Romania.
Ruling scuppers Liviu Dragnea's prospects of becoming prime minister and could result in a prison term if he is found guilty in a separate case.
FDI at post-crisis peak driven by investments in manufacturing, real estate and healthcare.
Romanian consumer prices edged up 0.1% m/m in March after the 0.1% m/m decline in February, but the annual rise remained constant from last month at 0.2% y/y.
Real estate investment rose 41% y/y in Q1, indicating another record year, says Colliers and CMS report.
Romania's DNA has been under pressure this year as the government tries to water down the anti-corruption fight.
Banks are having to pedal twice as hard just to keep momentum, but innovative players are developing new tailored solutions and products to meet the needs of clients.
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