Capital Market
Bucharest Stocks Stay On Downward Trend, On Low Traded Values
The Bucharest stock exchange was in red territory Monday morning, following the international markets' trend, but the traded values were low.
Parliament Committees Endorse Daniel Chitoiu For Economy Minister
Romania’s parliamentary committees hearing proposed ministers on Monday have endorsed Daniel Chitoiu for economy minister with 38 to four votes and two abstentions.
Largest Transaction In Fondul Proprietatea Shares Since Listing: EUR45M
A stake of 357 million Fondul Proprietatea (FP.RO) shares or 2.59% of its share capital was transferred in a deal on the stock market for 199.4 million lei (EUR45.2 million) but the buyers a...
Romania To Appoint Private Managers For State Companies By October
Romania will appoint private managers to run state-owned companies by October and the first companies targeted are hydropower generator Hidroelectrica and natural gas transporter Transgaz (T...
Remar Pascani 1Q Turnover Up 10.8% To RON8.8M
Romanian rolling stock repair company Remar Pascani (RMAR.RO) Friday announced its turnover increased 10.8% in the first quarter of 2012, to 8.81 million lei (EUR2 million) from RON7.95 mill...
Iproeb Bistrita 1Q Turnover Down 17% To RON21.5M
Romanian cable maker Iproeb Bistrita (IPRU.RO) Friday announced its turnover decreased 17% in the first quarter, to 21.5 million lei (EUR4.9 million), and reported profit of only RON40,000,...
Prefab Revenue Down 45% In 1Q To RON8.5M
Romanian building materials maker Prefab (PREH.RO) announced its revenue dropped 45% in the first quarter, to 8.5 million lei (EUR1.9 million) from RON15.7 million a year earlier, while net...
Bucharest Stocks Fall; Fondul Proprietatea Deals Lift Traded Value To 14-Month High
The Bucharest-listed shares closed down Friday, after a quiet session, in which the only sparkle was provided by a negotiated deal with Fondul Proprietatea (FP.RO) stock, worth 199.4 million...
Leu Ends Slightly Higher Vs Euro In Lackluster Trade
Romania’s leu strengthened slightly against the euro Friday and closed near 4.4 units, after a calm session.