Capital Market
Antibiotice Sees Pretax Profit Up 13%, To RON29.9M In 2012
Romanian state-owned medicine maker Antibiotice Iasi (ATB.RO) expects pretax profit to reach 29.9 million lei (EUR6.86 million) this year, up 13% from RON26.4 million in the previous year, a...
Romania Undecided About A Second Go At Petrom Stake Sale
The Romanian government is analyzing whether it would be opportune to reschedule the sale of a minority stake in dominant oil company OMV Petrom (SNP.RO), following a failed attempt in 2011,...
Bucharest Stocks Close Up, Proprietatea Drives Trading
The Bucharest bourse closed Tuesday in the green, on low traded values, with half of the turnover coming from transactions in investment fund Fondul Proprietatea (FP.RO).
Leu Dips Vs Euro In Calm Session
Romania’s leu edged lower against the euro in a sleepy session Tuesday, amid scarce volumes.
Transelectrica’s Brokers Could Cash Up To RON4.1M If Offer Successful
The three brokers running a secondary public offering of 15% in Romanian power grid operator Transelectrica (TEL.RO) could receive up to 4.1 million lei (EUR0.95 million) for services render...
Head-Hunters Shop Bucharest Bourse Helm Mainly Among Romanian Expats
Leadership Development Solutions, the head-hunters recruiting a general manager for Bucharest bourse operator BVB (BVB.RO), are targeting knowledgeable Romanian expats willing to pitch the s...
Transelectrica Sets Public Offering Range. Minimum Share Price At RON14.9, Maximum Price At RON19.2
Romanian state-run power grid operator Transelectrica (TEL.RO) has set its secondary public offering price band at 14.9-19.2 lei (EUR3.41-EUR4.4) a share, the company said Tuesday.
Leu Exchange Rate Weakens Slightly To 4.3575 Vs Euro
Romania’s leu traded below 4.36 per euro by midday Tuesday and the central bank’s reference weakened slightly to 4.3575 units, from 4.3558 units a day earlier.
Leu Stable Vs Euro In Early Trade, In Line With Region
The Romanian leu posted minors variations against the euro in ealry trade Tuesday, on low transferred values, staying in line with the regional currencies' trend.