Capital Market
Leu Falls Vs Euro Amid Growing Volumes
Romania’s leu weakened against the euro amid higher volumes Friday and closed above 4.44 units, despite suspected interventions from the central bank to prop the national currency.
Analysts: Romania Central Bank Likely To Move In Force If Leu Weakens Above 4.46 Vs Euro
Romania's central bank is unlikely to allow a too steep depreciation of the leu against the euro and could step in aggressively to protect the national currency and remind investors of the p...
Leu Drops To Fresh Record Low Of 4.4265 Vs Euro
Romania’s leu extended its earlier losses against the euro by midday Friday and the central bank’s reference weakened 0.2% to a new historic low of 4.4265 units, amid growing demand for fore...
SIF Banat-Crisana 1Q Net Profit Rises To RON20M
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Friday reported a net profit of 19.5 million lei (EUR4.4 million) in the first quarter, well above RON0.3 million in the year-ea...
Bucharest Stocks Open Down; SIF Oltenia, Transelectrica Fall On Ex-Date
Bucharest shares opened down Friday morning, tracking international markets, while power grid operator Transelectrica (TEL.RO) and regional investment fund SIF Oltenia (SIF5.RO) were losing...
Uztel 1Q Loss Narrows To RON1.1M
Romanian oilfield equipment manufacturer Uztel Ploiesti (UZT.RO) Friday said its loss more than halved to 1.1 million lei (EUR0.25 million) in the first quarter, helped by higher sales.
Leu Falls Vs Euro In Early Trade
Romania’s leu weakened against the euro in early action Friday, amid higher demand for foreign currency from non-residents.
Oil Terminal Switches To RON1.1M Loss In 1Q
Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Friday said it has switched to a loss of 1.1 million lei (EUR0.25 million) in the first quarter, versus profit a year earlier, hi...
Rompetrol Well Services 1Q Net Profit Slides 6% On Year
Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, Friday said its net profit fell 6% on the year to 3.2 million lei (EUR0.72 million) in the first qua...