Capital Market
Electrocarbon 1Q Net Profit Falls 30% On Higher Costs
Romanian industrial electrodes maker Electrocarbon Slatina (ELNG.RO) Monday said its net profit fell around 30% on the year to 1.9 million lei (roughly EUR657,000) in the first quarter, due...
SIF Muntenia Swings To 1Q Net Profit Of RON4.3M
Romanian investment fund SIF Muntenia (SIF4.RO) Monday said it swung a net profit of 4.3 million lei (EUR0.97 million) in the first quarter, versus loss of RON4 million a year earlier.
Bucharest Stocks End Down, Special Deals Lift Traded Values
The Bucharest stock exchange closed down Monday, after staying in red during the entire session, as the sentiment on international markets was generally bleak after elections in two euro-zon...
Leu Closes Flat Vs Euro, Unlike Neighbors
Romania’s leu moved in a tight range against the euro in a quiet session Monday and closed flat on the day, unfazed by the negative sentiment in the region following worrisome election resul...
Romania Sells RON750M 1-Year T-Bills At 5% Average Yield
Romania’s Finance Ministry on Monday sold a planned 750 million lei (EUR170.2 million) in one-year treasury bills, while the average yield was flat at a record low of 5.02% a year, central b...
Leu Exchange Rate Slightly Weaker At 4.4053 Vs Euro
The Romanian leu traded in a narrow range in the first part of Monday trading session, and the central bank's reference rate weakened slightly to 4.4053 units, from 4.4044 units Friday.
Romania Eyes Local, International Listing Of Key Power Companies
Romanian authorities plan to list minority stakes in key state-run energy and natural gas companies both on the Bucharest Stock Exchange and on international markets, economy minister-design...
Chitoiu: Romania To Resume Petrom Stake Sale After Market Analysis
The Romanian government will decide whether to resume the sale of a 10% stake in oil company OMV Petrom (SNP.RO) after conducting a market analysis, economy minister-designate Daniel Chitoiu...
Leu Opens Flat Vs Euro In Quiet Market
The Romanian leu was slightly changed in the first hour of trading Monday, as investors did not react to the announcement of an agreement between the country's new government and internation...