Capital Market
Compa Sibiu 1Q Profit Up 17%, To RON10.3M
Romanian car part maker Compa Sibiu (CMP.RO) posted a profit of 10.35 million lei (EUR2.3 million) in the first quarter of the year, up 17% compared to the same period a year ago.
Retrasib Turnover Down Slightly In 1Q 2012
Romanian transformer maker Retrasib Sibiu (RTRA.RO) reported turnover down 5% in the first quarter of 2012, to 7.5 million lei (EUR1.7 million), with profit up 17% to RON209,000 (EUR48,000).
UCM Resita Loss Widens To RON12M In 1Q 2012
The revenues of Romanian engine manufacturer UCM Resita (UCM.RO) declined by 16% in the first quarter, from 37.7 million lei (EUR8.53 million) to RON31.5 million, while losses increased by o...
Bucharest Bourse 1Q Net Profit Up 26% To RON2.8M
The Bucharest Stock Exchange (BVB.RO) Thursday said its net profit rose 26% on the year to 2.77 million lei (EUR2.9 million) in the first quarter, largely fueled by a successful secondary of...
Intercontinental Hotel Swings To Loss In 1Q 2012
Romanian hotel operator Compania Hoteliera Intercontinental Bucuresti (RCHI.RO), which manages the Intercontinental hotel in Bucharest, swung back to losses of 2.19 million lei (EUR495,000)...
Bucharest Stocks Slide As Transgaz, Proprietatea Fund Go Ex-Dividend
Bucharest shares declined 2.85% Thursday, held back by investment fund state-run natural gas transporter Transgaz (TGN.RO) and Fondul Proprietatea (FP.RO), which were losing big after going...
Leu Recovers Vs Euro, Attuned To Region
Romania’s leu recovered earlier losses against the euro in late trade Thursday, tracking the currencies in the region, and closed 0.2% stronger on the day at 4.4155/4.4183 units.
Romania Sells RON1.34B 4-Year Bonds At 6.09% Average Yield
Romania’s Finance Ministry on Thursday sold 1.34 billion lei (EUR303 million) in four-year bonds, above the planned amount, at an average yield of 6.09% a year, central bank data showed.
Leu Down Vs Euro, Exchange Rate At 4.4165
Romania’s leu edged lower against the euro by midday Thursday and the central bank’s reference weakened to 4.4165 units, from 4.416 units a day earlier.