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Leu Exchange Rate Gains Modestly To 4.4639 Vs Euro
Capital Market

Leu Exchange Rate Gains Modestly To 4.4639 Vs Euro

Romania’s leu advanced modestly against the euro by midday Tuesday and the central bank’s reference strengthened for the third consecutive session to 4.4639 units, from 4.4641 units a day ea...

Florentina Dragu · 29.05.2012 · 13:38 · 1 min
Bucharest Stock Exchange Wants Government To List State Companies Only On Local Market
Capital Market

Bucharest Stock Exchange Wants Government To List State Companies Only On Local Market

The Bucharest Stock Exchange (BVB.RO) hopes to convince the government to list stakes in state-owned companies only on the local exchange to support the development of the Romanian capital m...

Ioana Tudor · 29.05.2012 · 12:56 · 1 min
Capital Market

Leu Opens Up Vs Euro, In Quiet Market

The Romanian leu rose slightly against the euro in early trade Tuesday, in line with the other currencies in the region, but the transferred volumes were low.

Bogdan Neagu · 29.05.2012 · 10:58 · 1 min
Capital Market

Bucharest Stocks Open Up, In Line With Foreign Markets

The Bucharest stock exchange opened up, following the European markets' trend, but the traded values remained very low.

Bogdan Neagu · 29.05.2012 · 10:53 · 1 min
Fondul Proprietatea Holders Annoyed By Lawsuits Delaying Payment Of RON531M In Dividends
Capital Market

Fondul Proprietatea Holders Annoyed By Lawsuits Delaying Payment Of RON531M In Dividends

Several shareholders led by UK’s City of London are showing support for Franklin Templeton because they fear the payment of the 531 million lei (EUR119 million) in dividends from last year’s...

Radu Bostan · 29.05.2012 · 00:00 · 3 min
Listed Companies To Pay RON2.68B In Dividends In June
Capital Market

Listed Companies To Pay RON2.68B In Dividends In June

OMV Petrom (SNP.RO), the largest company in Romania, and five other major listed companies will pay RON2.68 billion (EUR600 million) in gross dividends in June, according to available report...

Radu Bostan · 29.05.2012 · 00:00 · 2 min
Leu Ends Slightly Higher Vs Euro
Capital Market

Leu Ends Slightly Higher Vs Euro

Romania’s leu retreated against the euro in late trade Monday, mirroring the currencies in the region, but managed to close slightly higher at 4.4665/4.469 per euro, from 4.473/4.475 per eur...

Florentina Dragu · 28.05.2012 · 17:41 · 1 min
Capital Market

Bucharest Shares Close Down, Traded Value At 13-Month Low

The Bucharest-listed shares closed down, after an uneventful session that saw the lowest traded value in more than a year.

Bogdan Neagu · 28.05.2012 · 17:40 · 1 min
Energy

Transelectrica Board Member Resigns

Horia Hahaianu resigned from the Managing Board of Romanian state-owned power grid operator Transelectrica (TEL.RO), and he was replaced on an interim basis by the head of the Economy Minist...

Bogdan Neagu · 28.05.2012 · 14:04 · 1 min