Capital Market
Parliament Approves New Heads Of Capital Market, Private Pension System Regulators
Romania's Parliament on Tuesday endorsed Carmen Negoita (PDL) as head of the National Securities Commission (CNVM) and Marian Sarbu (UNPR) as head of the Private Pension Supervision Commissi...
Transelectrica's Shares In High Demand. Public Offering Was Oversubscribed
Bids in the secondary public offering of Romanian power grid operator Transelectrica (TEL.RO) passed the 100% mark Tuesday, so that the government will sell the entire 15% stake in the compa...
Bucharest Stocks Close Up, Transelectrica SPO Lands Safely
The Bucharest bourse closed Tuesday with an increase, on low traded volumes, while the secondary public offering held by authorities to sell a 15% stake in power grid operator Transelectrica...
Leu Loses Ground On High Euro Purchase Orders
The Romanian leu fell against the euro Tuesday, on high orders for hard currency purchases made by foreign investors, banking dealers said.
Electrica Branches To Be Listed In Second Half Of 2012 - Sources
The three branches of Romanian electricity supplier Electrica will be floated on the Bucharest Stock Exchange in the second half of this year, and the listing schedule will be developed with...
Romania To Start Floating Electrica Units
Romanian authorities decided the start of procedures to list 15% stakes in electricity distributors Electrica Distributie Transilvania Sud, Electrica Distributie Transilvania Nord and Electr...
Authorities To Start Seeking Broker For Nuclearelectrica IPO In 10 Days
The Romanian Economy Ministry will launch in 10 days the selection of a broker to list 10% in state-owned nuclear power plant operator Nuclearelectrica, according to Florin Vladan, head of p...
Oltchim Privatization Auction Set For May 31
The auction for the privatization of Romanian chemical company Oltchim (OLT.RO) will take place on May 31, Florin Vladan, head of privatization authority OPSPI, told a news conference Tuesda...
Leu Weakens Vs Euro, But Exchange Rate Moves Little To 4.3688
The Romanian leu lost ground against the euro in mid-trade Tuesday, but the central bank's exchange rate was little moved to 4.3688 units, from 4.3691 units a day before.