Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
3% Of Fondul Proprietatea Traded in Bucharest For RON264.5M
A stake of 3.012% of investment fund Fondul Proprietatea (FP.RO) shares was transferred on the Bucharest Stock Exchange Tuesday in a special deal, for 264.5 million lei (EUR59.5 million).
Saint Gobain Opens EUR7M Mortars Plant In N Romania
French group Saint Gobain on Tuesday opened its third production facility in Romania, following an investment of EUR7 million.
Romania Raises RON18M In Non-competitive Bond Auction, Below Target
Romania’s Finance Ministry on Tuesday raised 18 million lei (EUR4 million) at a supplementary non-competitive tender for its April 2015-dated bond reopened yesterday.
Leu Trades In Ranges, Exchange Rate At 4.4416 Vs Euro
The Romanian leu traded in ranges by mid-day Tuesday, and the central bank set the official rate at 4.4416 per euro, about 0.15% stronger on the day.
Bucharest Stocks Inch Higher, But Traded Values Remain Low
The Bucharest stock exchange rose in the first part of Tuesday session, while the traded values stayed low.
Leu Trades Around 4.445 Vs Euro In Quiet Market
The Romanian leu inched slightly higher against the euro in early trade Tuesday on reduced transferred volumes, similar to the other markets in the region.
Bucharest Stocks Close Up After Uneventful Trade
The Bucharest stock market closed higher Monday, after a quiet trading session, as most investors are in a vacation mood.
Leu Stays Below 4.45 Vs Euro After Quiet Session
The Romanian leu traded below 4.45 per euro at the end of Monday session, after a quiet session with low transferred volumes, dealers said.
Romania Sells RON300M 2-Year Bonds At 4.79% Average Yield
The Romanian Finance Ministry sold a planned 300 million lei (EUR67.4 million) at a two-year bond auction Monday, with the average yield rising slightly to 4.79%, central bank data showed.
Fitch Affirms Ratings of UniCredit Tiriac Bank, Banca Transilvania, ProCredit Bank Romania
Fitch Ratings on Thursday affirmed the ratings of three Romanian banks, namely UniCredit Tiriac Bank, Banca Transilvania (TLV.RO) and ProCredit Bank Romania, citing an adequate capitalisatio...
Leu Opens Slightly Up Vs Euro In Quiet Trade
The Romanian leu returned towards 4.52 against the euro Friday morning after significant losses in the previous session.
Bucharest Stocks Open Slightly Down On Reduced Interest
The Bucharest stock market fell slightly in the first minutes of Friday trading session, and the turnover was still low.