Capital Market
Leu Stays Flat Vs Euro In Very Quiet Trading
The Romanian leu traded in a narrow range below 4.35 to the euro in the first hour of trading Wednesday, on very low transferred volumes, dealers said.
Bucharest Stocks Open Up, Oltchim Stays In Focus
The Bucharest bourse opened up Wednesday, with chemical company Oltchim (OLT.RO) and lender Erste Group Bank (EBS.RO) among the top-traded issuers, the first becasue of speculation and the l...
Erste Group Sets Money Aside For Compensation Pay In Romania, Hungary
Austrian lender Erste Group Bank (EBS.RO) Wednesday announced it has made provisions for compensation pay in Hungary and Romania, which contributed to a 2.6% increase of staff expenditure, t...
Romania Sells $750M In Reopening Of 10-Year Bonds, At 6.45%
Romania sold Tuesday $750 million in the reopening of a 10-year bond issue on the U.S. market, meeting a strong demand that pushed the yields lower to 6.45%, from 6.875% in the previous debt...
Leu Closes Higher Vs Euro, Attuned To Region
Romanian leu ended slightly higher against the euro amid low volumes Tuesday, in line with the currencies in the region.
Bucharest Stocks Close Up, Eyes On Financials
The Bucharest bourse closed Tuesday with an increase, on low traded volumes, with the bulk of activity focusing on investment fund Fondul Proprietatea (FP.RO) and the five regional investmen...
Romania Reopens Dollar Bond Issue For Up To $1B
Romania has reopened a 10-year US dollar-denominated bond issue on the American market and set an initial price guidance of 6.5%, Finance Ministry data showed Tuesday.
Leu Up Vs Euro, Exchange Rate At 4.348
Romania’s leu edged higher against the euro by midday Tuesday and the central bank’s reference strengthened slightly to 4.348 units, from 4.3525 a day earlier.
Felinvest Resumes Project In NW Romania, With EUR7M Initial Investment
Romanian realty developer Felinvest (FEL.RO) on Tuesday announced it has resumed construction on a real estate project in northwestern city Cluj, with an investment of EUR7 million.