Capital Market
Proprietatea Fund OKs Share Listing In Warsaw
Romanian investment fund Fondul Proprietatea (FP.RO) Wednesday approved a proposal to list its shares on the Warsaw Stock Exchange, participants in a shareholder meeting said.
BNR Keeps Key Rate Unchanged At 5.25%
The Romanian central bank maintained a prudent stance Wednesday and left its key rate unchanged at a record low of 5.25% a year, in line with market expectations.
OMV Petrom Restarts Petrobrazi Refinery
Romania’s largest oil company OMV Petrom (SNP.RO) restarted its Petrobrazi refinery after a EUR100 million upgrade investment in its crude vacuum distillation unit, the company said in a sta...
Leu Stable Vs Euro In Early Trade, On Low Volumes
The Romanian leu was stable against the euro in early trade Wednesday, in a quiet market and amid low traded volumes.
Bucharest Stocks Open Undecided, On Low Traded Values
The Bucharest stock exchange opened undecided Wednesday, amid low traded values.
Bucharest Stock Exchange Appoints Bogdan Patriniche General Manager
The boar d of the Bucharest Stock Exchange has asked Bogdan Patriniche, a specialist in financial instruments who works in London, to take over as general manager, and he accepted the offer...
Bucharest Stocks Close Down, Volumes Rise
The Bucharest stock exchange closed down Tuesday for the fourth consecutive day, amid high traded values mainly ensured by Fondul Proprietatea (FP.RO), Ropharma (RPH.RO), and BRD (BRD.RO).
Leu Closes Up Vs Euro, Unlike Neighbors
Romania’s leu moved higher against the euro amid raising volumes Tuesday and closed 0.2% stronger on the day, immune to the negative sentiment in the region after Spain’s borrowing costs nea...
Leu In Ranges Vs Euro, Exchange Rate At 4.4652
Romania’s leu traded near 4.465 per euro by midday Tuesday, while the central bank’s reference was little moved to 4.4652 units, from 4.4654 units a day earlier.