Romania: BVB will increase its share capital by 3.7 million lei prior to the merge with SIBEX

The Bucharest Stock Exchange (BVB) is increasing its share capital by 3.7 million lei in order to merge with the SIBEX Sibiu Stock Exchange, reads an announcement posted by BVB on its website.

“The Board of Governors of ‘Bursa de Valori Bucuresti S.A.’, in the meeting held on May 30, 2017, adopted the decision to establish the final value of the share capital at RON 3.7 million.”

BVB curently does transactions for major Romanian energy companies or funds like the ‘Fondul Proprietatea’.

 

 

Source: BVB official website.

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