Raiffeisen Capital & Investment – Investment Daily RomaniaSIF Banat-Crisana agrees to Board changes

In a release to the Bucharest Stock exchange (BVB), SIF Banat Crisana (SIF1) announced that it currently negotiates a legal deal with the group of investors that have contested last year the resolutions of the Annual Shareholders Meeting of SIF1. According to local media, citing sources close to negotiations, SIF1 has offered three seats in its Board to the group of investors gathered around Banca Transilvania (TLV), which together control a stake of roughly 16.5% in SIF1. These changes could be approved in the next Shareholders Meeting scheduled sometime in April.

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Cluj University ranks 81st in the world regarding students’ participation in debates

The number and the importance of the academic debates in which the students of the Babes-Bolyai University (UBB) in Cluj-Napoca (northwestern Romania) participated ranks this higher education institution on the 81st place among the world universities by such activity meant to contribute to the development of communication and reasoning skills among students.

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