Capital Market
Artego Becomes New Stock Market Star After Rising 173% This Year
Artego Targu-Jiu (ARTE.RO), an employee-controlled conveyor belt maker, did what Transgaz or Transelectrica could not, that is make profit for stock market investors. Its shares have risen 1...
Bucharest Stocks Close Down 0.7% On International Worries
Bucharest shares ended a two-day rally with a 0.7% decline Friday, in line with international markets, which closed down after the US Federal Reserve failed to indicate whether it would take...
Leu Closes Flat Vs Euro In Quiet Market
Romania’s leu traded slightly above 4.46 per euro in late session Friday and closed roughly flat on the day, in a quiet market.
Romania’s Stake In Rompetrol Transferred To Economy Ministry
Romania’s Finance Ministry plans to transfer its 44.7% stake in oil refinery Rompetrol Rafinare (RRC.RO) to the privatization division of the Economy Ministry, according to a government draf...
Leu Reverses Losses Vs Euro, Exchange Rate At 4.461
Romania’s leu reversed early losses against the euro by midday Friday and the central bank’s reference strengthened to 4.461 units, from 4.4625 units a day earlier, with dealers suspecting a...
Leu Down Vs Euro In Early Trade
Romania’s leu opened down against the euro Friday, mirroring neighboring currencies, and traded slightly below 4.47 units in early action.
Bucharest Stocks Open Down, In Line With International Markets
Bucharest shares edged lower Friday morning, tracking international markets as investor sentiment shifted after the US Federal Reserve failed to present new measures to stimulate the world’s...
Fight Over Control Turns SIF Muntenia Into Most Valuable Of The Five SIFs
The fight between a powerful group of shareholders and the current management of regional investment fund SIF Muntenia (SIF4.RO) over its EUR300 million assets helped its shares preserve the...
Bucharest Bourse Closes Up For Second Consecutive Day On Improved International Sentiment
The Bucharest stock exchange closed up 1.5% Thursday, in line with foreign markets, and the traded values hit 170 million lei (EUR30.1 million), helped by several transactions with bonds.