Capital Market
SIF Shareholders To Face CNVM Scrutiny
Romanian securities regulator CNVM will be the only authority enabled to decide whether shareholders at the five regional investment funds, or SIFs, are acting in concert and hold more than...
Leu Strengthens Vs Euro In Early Trade
The Romanian leu opened roughly flat against the euro Tuesday, but it soon started to strengthen, in a quiet market with low traded volumes.
Bucharest Stocks Open Up, Eyes On Oltchim
The Bucharest bourse opened Tuesday on an upward trend, on low traded values, with investors focusing mainly on investment fund Fondul Proprietatea (FP.RO) and chemical company Oltchim (OLT....
Leu Gains Modestly Vs Euro In Quiet Market
Romania’s leu strengthened slightly against the euro Monday and closed at 4.35/4.3515 units, amid low volumes.
Bucharest Stocks Close Down, Eyes On Fondul Proprietatea
The Bucharest bourse closed Monday with a decrease, on low traded volumes, with more than half of the turnover coming from deal and main market trades in investment fund Fondul Proprietatea...
Leu In Ranges Vs Euro, Exchange Rate At 4.3525
Romania’s leu traded near 4.35 per euro by midday Monday and the central bank’s reference gained modestly to 4.3525 units, from 4.3535 units in the previous session.
Leu Opens Stronger Vs Euro, On Low Volumes
The leu opened Monday stronger against the euro, in a quiet market and with low traded volumes, while other currencies in the region were losing ground.
Bucharest Stocks Open Down, In Quiet Market
The Bucharest bourse opened Monday with a minor decrease, on low traded volumes, with investors focusing on investment fund Fondul Proprietatea (FP.RO) and bourse operator BVB (BVB.RO).
COMCM Constanta Sales Slide 2% To RON29.3M In 2011
Romanian building materials producer COMCM Constanta (CMCM.RO) Friday reported a 2% decline in its sales to 29.3 million lei (EUR6.9 million) in 2011, from roughly RON30 million a year earli...