Erste Bank
launches the biggest emission of stocks in the history of the market from Vienna
Wednesday, 11 January, Erste Bank der Oesterreichischen Sparkassen
AG launches the biggest emission of stocks in the history of the market from
Vienna, 58.95 millions stocks. The aim of this is to finance BCR acquisition
(EUR 2.7 billions) and the consolidation of the equity.
In
2006, Romexterra Bank wants to open 20 more units
Romexterra Bank inaugurated a new bank in Alba Iulia and
moved the office of the Romexterra Bank Carol from Bucharest. Romexterra
Bank forecasts for 2006 the extension of the network with 20 more units,
in the main cities and a half in Bucharest.
The competition council authorized the operation of economical concentration
of TBI Credit and Primex SRL by financing Fortuna Credit SA, whose activity object
is natural persons loans. According to the officials of the two companies, through
Fortuna Credit will be developed approximatively 90% of the loans accorded by
Primex.
Societe Generale Asset Management Paris (SGAM) plans the volunteer
liquidation of the fund of Societe Generale Romania Fund (SGRF) and launches
a new investment fund of EUR 200 millions for the new EU members, Romania and
Bulgaria. " The decision of the volunteer liquidation of the fund is normal,
considering that SGRF sold all the stocks owned by Romania and retributed the
money to the stockholders '' declared Razvan Cretu, investment manager of Societe.
Among the investors in the new fund there are Societe Generale with EUR 50 millions,
but not more than 30% of the total value, and BERD wit EUR 30 millions, but not
more than 20%, also declared the SGAM representative.
Mid Europa Partners could invest over EUR 160 millions in Romania
through the second loan designated to the Central and eastern Europe, with
a funding of EUR 650 millions. " Romanian is an important market for us.
We will invest up to 20-25% of the fund if we find opportunities on The
Romanian market '' declared Thierry Baudon, managing partner at Mid Europa
Partners. He added that he already analyze some opportunities regarding
communications, media, energy, transports and logistic.
Iulius
Group will invest EUR 100 millions in the Palas Iasi project of the rehabilitation
of the city center, the area around the Palace of Culture
Iulius Group will invest EUR 100 millions in the Palas Iasi project
of the rehabilitation of the city center, the area around the Palace of Culture.
Iulius Group will finance this project by contracting bank loans.
The
prime-minister Calin Popescu Tariceanu gives as deadline 2007 for
the joint between PNL and PD
An year and a half, this is the result of the calculations that the
prime-minister made for the joint between PNL and PD. " We want to open the discussions
upon the joint, even if the local organization are still in dispute. These must
be be quickly resolved, and the discussions about the joint should not last to
much. One year, one year and a half I think is a reasonable aim '' declared the
prime-minister.
The Conservatory Party considers that Monica Macovei intentions to
disturb a law project initiated by Dan Voiculescu, which regards the control
upon the illegally incomes. PC sustains that their affirmations, in the conditions
that Monica Macovei announced the foundation of an agency for monitoring the
politicians fortunes, as it is showed in a communicate broadcast on 10 January.
