Capital Market
Leu Down Vs Euro, Exchange Rate At 4.3778
Romania’s leu edged lower against the euro by midday Wednesday and the central bank’s reference retreated to 4.3778 units, from 4.3746 units a day earlier.
Vanguard Asset Management To Launch First Romanian ETF On Bucharest Bourse
Vanguard Asset Management, administrator of Romanian brokerage house Tradeville, is set to launch the first exchange-traded fund (ETF) on the Bucharest Stock Exchange, the brokerage firm sai...
Leu Stays In Ranges Vs Euro, In Quiet Market
The Romanian leu stayed around 4.375 to the euro in early trade Wednesday, in a quiet market with low volumes transferred.
Bucharest Stocks Open Flat In Lackluster Trading
The Bucharest-listed shares were flat in early trade Wednesday, unresponsive to the moves on the international markets, as investors were extremely apathetic.
Prospectiuni OKs Taking EUR14.2M Loans
Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) Tuesday approved taking out loans of up to EUR14.2 million to finance investments and purchase drilling equipment, the compan...
Chimcomplex Seeks EUR4.5M State Guarantee As Loan Collateral
Romanian chemical company Chimcomplex Borzesti (CHOB.RO) is seeking a EUR4.48 million guarantee from state-run lender EximBank to use as collateral on a EUR5.6 million loan to finance invest...
Banks Lift Bucharest Market, SIFs Fall
The Bucharest stock exchange closed slightly up Tuesday, lifted by the bank stocks, despite the decline posted by the most traded issuers--Fondul Proprietatea (FP.RO) and the regional invest...
Leu Weakens Marginally Vs Euro In Quiet Market
Romania’s leu retreated modestly against the euro in a sleepy session Tuesday, amid reduced volumes.
Franklin Templeton Funds Buy 2.82% In Transelectrica For RON4.6M
Two investment funds administrated by Franklin Templeton Investments have bought a total stake of 2.82% in Romanian power grid operator Transelectrica (TEL.RO) in a secondary public offering...