Capital Market
Leu Dips Vs Euro In Calm Session
Romania’s leu closed slightly lower against the euro after a lackluster session Tuesday, amid low volumes.
Leu In Ranges Vs Euro, Exchange Rate At 4.355
Romania’s leu moved in narrow ranges against the euro by midday Tuesday and the central bank’s reference weakened marginally to 4.355 units, from 4.3535 units a day earlier.
Minor Fondul Proprietatea Stake Sold On Bucharest Deal Market For RON26M
A 0.35% stake in investment fund Fondul Proprietatea (FP.RO) was traded on the Bucharest Stock Exchange’s deal market Tuesday in three transactions worth a total 26 million lei (EUR5.9 milli...
Leu Opens Weaker Vs Euro, In Quiet Market
The leu opened Tuesday slightly weaker against the euro, amid market apathy, as the euro was boosted by the approval of a new bailout package for Greece.
Bucharest Stocks Open Up, Eyes On OMV Petrom
The Bucharest bourse opened Tuesday with a minor increase, on low traded values, while investors were focusing on oil company OMV Petrom (SNP.RO).
600 Brokers KOed By The Crisis
More than 600 brokers have left the trading pit since 2007 driven out by the crisis and the tiny traded volumes on the Bucharest stock exchange in the years after the collapse of Lehman Brot...
Petrom Expected To Announce Record Profit. Shares Gained 30% Since Start Of The Year
The largest company in Romania is expected to report a net profit ranging between EUR830 to EUR900 million on Wednesday, the largest ever made in the Eastern European country.
Eolica Dobrogea Sues Authorities For EUR118M Over Power Grid Connection
Eolica Dobrogea, working for Spanish Iberdrola, sued energy regulator ANRE and state-owned power grid operator Transelectrica (TEL.RO), along with the operator’s former general manager, clai...
Uzuc To Sell Five Properties For EUR2.15M Total
The shareholders of technological lines maker Uzuc (UZC.RO), part of the Serviciile Comerciale Romane group, owned by businessman Stefan Vuza, approved the sale of five plots in Ploiesti (60...