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Leu Flat Vs Euro In Early Trade, In Quiet Market
Capital Market

Leu Flat Vs Euro In Early Trade, In Quiet Market

Romania’s leu opened similar to a day before against the euro Thursday morning, trading above 4.56 units, in a quiet market and amid low traded volumes of foreign currency.

Manuela Panescu · 19.07.2012 · 11:19 · 1 min
Capital Market

Romcab Increases Capital To RON23.4M

Romanian cable maker Romcab Targu-Mures (MCAB.RO) Wednesday approved a proposal to increase its share capital by 9.46 million lei (EUR2.1 million) to RON23.46 million by including past reser...

Florentina Dragu · 18.07.2012 · 19:11 · 1 min
Bucharest Bourse Names New General Manager
Capital Market

Bucharest Bourse Names New General Manager

The Bucharest Stock Exchange Wednesday appointed Victor Cionga as its new general manager, pending authorization from the securities commission, the market operator said in a statement.

Florentina Dragu · 18.07.2012 · 18:21 · 1 min
Bucharest Bourse Ends Up, 4th Day In a Row
Capital Market

Bucharest Bourse Ends Up, 4th Day In a Row

The Bucharest stock exchange closed higher Wednesday, for the fourth trade in a row, but volumes remained reduced as investors are still reluctant due to the current political turmoil.

Manuela Panescu · 18.07.2012 · 17:44 · 1 min
Capital Market

Leu Dips Vs Euro In Quiet Market

Romania’s leu weakened slightly against the euro in a quiet session Wednesday and closed around 4.5655 per euro, amid low volumes.

Florentina Dragu · 18.07.2012 · 17:02 · 1 min
Leu’s Exchange Rate Strengthens Slightly To 4.5647 Vs Euro
Capital Market

Leu’s Exchange Rate Strengthens Slightly To 4.5647 Vs Euro

Romania’s leu edged lower against the euro in mid-trade Wednesday, but the central bank’s reference advanced modestly to 4.5647 units, from an all-time low of 4.5651 units a day earlier.

Florentina Dragu · 18.07.2012 · 13:23 · 1 min
Bucharest Stocks Open Undecided, Amid Low Traded Values
Capital Market

Bucharest Stocks Open Undecided, Amid Low Traded Values

The Bucharest stock exchange opened undecided Wednesday, amid very low traded values as during the past weeks.

Manuela Panescu · 18.07.2012 · 11:05 · 1 min
Leu Opens Higher Vs Euro, At 4.55 Units
Capital Market

Leu Opens Higher Vs Euro, At 4.55 Units

Romania’s leu opened higher against the euro Wednesday morning, trading below 4.56 units, and amid low traded volumes of foreign currency.

Manuela Panescu · 18.07.2012 · 11:03 · 1 min
Social/Politics

State Made To Pay For Fondul Proprietatea's Failure

The Romanian state is forced by a Bucharest court of law to make cash payments to a former owner because he can only sell at a loss the shares received in investment fund Fondul Proprietatea...

Radu Bostan · 18.07.2012 · 00:00 · 1 min