Market News



Release Date: 10/13/2016 5:03:02 PM

IRIS Code: 50CB9

No. 8550/13 October 2016

To:      Financial Supervisory Authority

            Financial Instruments and Investments Sector

            Fax: 021- 659.60.51


              Bucharest Stock Exchange – Regulated market

              Fax: 021- 256.92.76


From:   Bursa de Valori Bucuresti S.A. (Bucharest Stock Exchange)



According to C.N.V.M. Regulation no. 1/2006 on issuers and operations with securities and Law no. 297/2004 on capital market


Report date: 13 October 2016

Name of the issuing company: BURSA DE VALORI BUCURESTI S.A.

Registered office: 34-36 Carol I Blvd, 13-14 floors, district 2, Bucharest

Phone/fax number: + 4 021/307.95.00, + 4 021/307.95.19

Sole Registration Code with the Trade Register Office: 17777754 

Order Number in the Trade Register: J40/12328/2005

Share capital: RON 76,741,980

Regulated market on which the issued securities are traded: Bucharest Stock Exchange – Premium Shares Tier (market symbol: BVB)


Important events to be reported: stage of litigation involving the Company, in accordance with art. 113 letter A par. 1, item j) of Regulation No. 1/2006



File no.

Competent court


Involved parties




High Court of Cassation and Justice – Second Civil Chamber


Action for contractual damages

- Muntenia Imobiliare Development SRL Bucuresti - Appelant (Plaintiff)

- Banca Comerciala Romana SA Bucuresti - Appelant (Defendant)

- Erste Group Bank AG Bucuresti - Appelant (Defendant)

- Bursa de Valori Bucuresti SA Bucuresti – Respondent (Defendant)

- SSIF Confident Invest SA Bucuresti – Respondent  (Intervener on its own behalf)

Higher Appeal stage


On October 11, 2016, the court postponed the litigation for December 6, 2016 because of a procedural fault with the Appelant - Plaintiff Muntenia Imobiliare Development. The company recently became insolvent and will have to be cited through the judicial administrator.


Next Term: December 6, 2016


Ludwik Sobolewski





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