Capital Market
Bucharest Stocks Close Up, But Transelectrica Falls 5% In First Day Of SPO
The Bucharest bourse closed up Wednesday, but Transelectrica (TEL.RO) fell 5% in the first day of the secondary public offering in which the Romanian Economy Ministry plans to sell 15% in th...
Leu Ends Lower Vs Euro, Attuned To Region
Romania’s leu weakened modestly against the euro for the second consecutive day Wednesday, tracking neighboring currencies, and closed above 4.365 units, amid slightly higher volumes.
SIF Muntenia Sees Pretax Profit Down To RON76M In 2012
Romanian regional investment find SIF Muntenia (SIF4.RO) estimates its pretax profit will drop by some 9% to 76 million lei (EUR17.4 million) in 2012, on lower revenues, according to the fun...
Rompetrol Group Gets 5-Year $200M Syndicated Loan
Romanian second largest oil group Rompetrol NV, a unit of Kazahstan’s KazMunayGas, has signed a five-year $200 million syndicated loan agreement with a consortium of banks led by Italy’s Uni...
Transelectrica Boss Looking For Purchase In Secondary Public Offering
The general manager of state-owned power grid operator Transelectrica (TEL.RO), Octavian Logan, on Wednesday said he and some of the company’s employees are interested in buying shares durin...
Leu In Ranges Vs Euro, Exchange Rate At 4.3608
Romania’s leu traded near 4.36 per euro by midday Wednesday and the central bank’s reference lost a meager 0.08% on the day to 4.3608 units, from 4.3575 units Tuesday.
Minor BRD Stakes Sold On Bucharest Deal Market For RON16.75M
Two stakes representing 0.22% of the share capital in lender BRD-Groupe Societe Generale (BRD.RO) were traded Wednesday on the Bucharest Stock Exchange’s deal market for a total 16.75 millio...
Leu Opens Flat Vs Euro, Amid Market Apathy
The Romanian leu opened Wednesday at 4.363/4.364 to the euro, similar to previous session's closing levels, on low traded volumes, while other currencies in the region were losing ground.
Bucharest Stocks Open Up, Transelectrica Dives
The Bucharest bourse opened Wednesday in the green, on low traded volumes, while state-owned power grid operator Transelectrica (TEL.RO) currently unfolding a secondary public offering, was...