Capital Market
Ductil Buzau Sees 2012 Net Profit At RON7.5M, Down 5% On Year
Romanian electrode and welding equipment maker Ductil Buzau (DUCL.RO) on Tuesday said it expects net profit to reach 7.5 million lei (EUR1.7 million) this year, down 5% from RON7.9 million i...
Leu Falls Vs Euro In Early Trade, On Higher Volumes
The Romanian leu opened Tuesday unnoticeably stronger against the euro, but soon lost ground on higher traded volumes, as foreign players started buying euro in larger amounts.
Bucharest Stocks Open Up, Investment Funds Drive Trading
The Bucharest bourse opened on a positive note Tuesday, on improved traded values fueled by transactions with investment fund shares.
MPs In Hurry To Appoint Heads Of Financial Market Regulators
Political parties on Monday in an unexpected move decided to appoint their candidates to the helm of the institutions that supervise the capital market (CNVM) and private pensions (CSSPP), a...
SIF Oltenia Eyes Higher Profit In 2012
Romanian regional investment fund SIF Oltenia (SIF5.RO) Tuesday estimated its net profit will rise 4% to around 87 million lei (EUR20 million) in 2012, from RON83.4 million a year earlier.
Transelectrica Expects Profit To Fall 55.6% On Year In 2012
Romanian state-run power grid operator Transelectrica (TEL.RO) estimates its net profit will fall 55.6% to 40 million lei (EUR9.1 million) in 2012, from RON90.2 million a year earlier.
Over 55% Of Romania Transelectrica SPO Subscribed In 9 Days
Romania’s secondary offering of a 15% stake in state-run power grid operator Transelectrica (TEL.RO) has attracted bids amounting to 55.12% of the shares in the first nine days.
Moody’s Lowers Hidrolectrica Outlook To Negative
Moody's Investors Service Monday said it has changed to negative from stable the outlook on the Ba1 long-term corporate family rating of Romanian hydropower generator Hidroelectrica S.A., wa...
OMV Petrom Eyes RON3.78B Net Profit In 2012
Romanian leading oil company OMV Petrom (SNP.RO) Tuesday estimated its net profit will rise to a new record high of 3.784 billion lei (EUR867.8 million) in 2012, despite slightly lower sales...