Capital Market
Bucharest Stocks Open Down, SIFs Buck Trend
The Bucharest bourse opened down Friday, on low trading values, while the five regional investment funds, or SIFs, were staying in the green, and most of activity was focusing on investment...
Analysts Estimate Former Owners Must Have Collected At Least EUR180M For Azomures
Andreas Zivy, the Swiss businessman who controls grain trader Ameropa, became the chairman of Azomures’s board of directors as soon as the deal with the former owners was completed. The Turk...
Ameropa Owner Named Board Chairman Of Azomures
Andrew Henry Zivy, owner of Swiss grain trader Ameropa Holding AG, has been appointed new chairman of the board of Romanian fertilizer producer Azomures (AZO.RO), following the latter’s purc...
Banca Transilvania To Hike Capital By RON129.4M, Launch Convertible Bond
Romanian lender Banca Transilvania (TLV.RO) Thursday proposed increasing its share capital by 129.38 million lei (EUR29.57) to RON1.9 billion and launching a EUR30 million convertible bond,...
Bucharest Bourse Closes Down, Energy Stocks End Higher
The Bucharest bourse closed Thursday with a decline, on very low traded values, but the energy stocks pushed higher.
Leu Closes Flat Vs Euro In Quiet Market
Romania’s leu was stable against the euro Thursday and closed the day flat at 4.371/4.373 units, amid a quiet market.
Alexandre Paul Maymat To Serve As BRD CEO Starting May
Romanian second largest bank BRD (BRD.RO), majority-owned by France’s Societe Generale, formally proposed Alexandre Paul Maymat for the position of chief executive officer, the lender said i...
Romania Sells RON1B 5-Year Bonds At 6.16% Average Yield
Romania’s Finance Ministry on Thursday sold a planned 1 billion lei (EUR228 million) in five years bonds, at an average yield of 6.16% a year, lower than at the previous auction.
Leu In Ranges Vs Euro, Exchange Rate At 4.3718
Romania’s leu traded near 4.37 per euro by midday Thursday and the central bank’s reference strengthened slightly to 4.3718 units, from 4.3754 units a day earlier.