Capital Market
Transelectrica Takes New Loan To Finance Unit Upgrades
Romanian energy company Transelectrica (TEL.RO) Wednesday said it will borrow EUR42 million to finance upgrade works at its power stations.
Leu Ends Lower Vs Euro As Forex Demand Rises
Romania’s leu widened its earlier loss against the euro in late trade Wednesday, amid increased demand for foreign currency, and closed 0.2% weaker on the day at 4.59/4.604 to the European c...
Bucharest Shares Close Up, Fondul Proprietatea Lifts Turnover
The Bucharest stock exchange closed up Wednesday, with investment fund Fondul Proprietatea (FP.RO) covering 75% of the bourse’s liquidity.
Leu Exchange Rate Weakens To 4.5885 Vs Euro
Romania’s leu traded near 4.59 per euro by midday Wednesday and the central bank’s reference weakened to 4.5885 units, from 4.5694 units a day earlier.
Bucharest Stocks Open In Green, Banca Transilvania Rises 2.5%
The Bucharest-listed stocks opened higher Wednesday morning, with the shares of Banca Transilvania (TLV.RO) trading up 2.5% after the bank announced its financial results for the first half...
Leu Loses Ground Vs Euro In Early Trade
Romania’s leu inched lower against the euro Wednesday, nearing 4.59 units amid low traded volumes.
Banca Transilvania 1H Net Profit Rises 47% To RON179.6M
Romanian lender Banca Transilvania (TLV.RO) Wednesday said its net profit rose 47% on the year to 179.6 million lei (EUR40.9 million) in the first half, fueled by a 12% increase in operating...
Bucharest Bourse Ends Up, In Quiet Market
The Bucharest stock exchange closed up Tuesday, unlike the main European markets, and the overall turnover increased only slightly on the day.
Leu Closes Down Vs Euro On High FX Demand
Romania’s leu weakened against the euro Tuesday, amid increased demand for foreign currency, and closed at 4.58/4.582 units, from 4.565/4.567 units a day earlier.