Capital Market
Leu Ends Slightly Up Vs Euro In Sleepy Session
Romania’s leu traded slightly below 4.375 per euro for most of the session Thursday and closed modestly higher on the day, amid scarce volumes.
Banca Carpatica Eyes Return To Profit In 2012
Romanian lender Banca Comerciala Carpatica (BCC.RO) Thursday estimates it will return to profit in 2012 after three years of losses, largely helped by a 63% increase in corporate loans, acco...
Romania Sells RON800M 2-Year Bonds At 5.5% Average Yield
Romania’s Finance Ministry on Monday sold a planned 800 million lei (EUR182.9 million) in two-year bonds, at an average yield of 5.5% a year, slightly lower than at the previous auction.
Leu Stable Vs Euro, Exchange Rate At 4.3741
Romania’s leu traded in narrow ranges against the euro by midday Thursday and the central bank’s reference advanced marginally to 4.3741 units, from 4.3746 units a day earlier.
Romcarbon Plans 10% Buyback With RON6.6M Budget
Management at Romanian plastic tiles and profiles maker Romcarbon Buzau (ROCE.RO) Thursday announced a plan to buy back at most 10% of shares, in a bid to diminish the share capital, in an o...
Farmaceutica Remedia Eyes 61% Hike In ‘12 Gross Profit, To RON8.7M
Romanian medicine wholesaler Farmaceutica Remedia Deva (RMAH.RO) expects a pretax profit of 8.7 million lei (EUR1.98 million) this year, up 61% from RON5.41 million in the previous year.
Alumil Seeks Loans Of EUR8M For Investments, Working Capital
Romanian aluminum systems maker Alumil Rom Industry Bucuresti (ALU.RO) plans to apply for loans worth a total EUR8 million, including EUR5 million to finance investments and the rest for wor...
Bucharest Stocks Open Up, In Quiet Market
The Bucharest bourse opened Thursday on an upward trend, but the traded values stayed low, with players focusing on the main investment funds and chemical company Azomures (AZO.RO).
Leu Opens Flat Vs Euro, In Quiet Market
The Romanian leu opened Thursday roughly flat against the euro, in a quiet market with low traded volumes.