Capital Market
Leu Slips Vs Euro, In Line With Neighbors
Romania’s leu retreated against the euro in late trade Wednesday and closed over 0.2% weaker on the day, amid a negative sentiment in the region after Greek polls showed an anti-austerity me...
Romania Drops Plan To Tax Each Profitable Market Transaction, Applies Yearly Profit Tax
The Romanian Government renounced its plan to tax each profitable capital market transaction, highly criticized by the market players, and decided to introduce a yearly tax on profitable tra...
Transelectrica Names New General Manager
Romanian state-run power grid operator Transelectrica (TEL.RO) has appointed Marius Ion Mateescu as the new general manager, the company said in a statement Wednesday.
Leu Exchange Rate Gains To 4.4616 Vs Euro, Falls To All-Time Low Vs US Dollar
Romania’s leu traded slightly above 4.6 per euro by midday Wednesday and the central bank’s reference continued to strengthen, albeit at a slow pace, reaching 4.4616 units, from 4.4639 units...
Leu In Ranges Vs Euro, Stays Around 4.465 Units
The Romanian leu traded around 4.465 against the euro Wednesday morning, in a quiet market.
Bucharest Stocks Open Down, Traded Values Stay Low
The Bucharest stock exchange opened on a downard trend Wednesday, but the traded values remained extremely reduced as in the past sessions.
CFA Romania: Fondul Proprietatea's Move To A Foreign Market Should Be Lesson For Local Bourse
The Bucharest Stock Exchange needs to understand the reasons why local companies with foreign shareholders choose to migrate to a foreign market and the fact that investment fund Fondul Prop...
Bucharest Stocks End Up, Proprietatea Deals Lift Traded Value
The Bucharest stock exchange closed up Tuesday, in line with the international markets, and the traded value was lifted by several deals with Fondul Proprietatea (FP.RO) shares in an otherwi...
Leu Closes Up Vs Euro In Quiet Market
Romania’s leu closed slightly stronger against the euro in a quiet market Tuesday, amid above-average volumes.