Capital Market
Biofarm Emerges As Most Profitable Pharma Company On Bucharest Bourse
Biofarm (BIO.RO) was the most profitable pharmaceuticals company on the Bucharest stock exchange last year. Despite a two-percentage point drop in net profit margin to 15.5%, the drugmaker s...
SIF Muntenia Proposes RON0.081/Shr Dividend For 2011
Romanian regional investment find SIF Muntenia (SIF4.RO) Friday proposed paying out a gross dividend of 0.081 lei (EUR0.018) a share from the 2011 profits, similar to the one paid last year.
Romenergo Ups Stake In SIF Banat-Crisana To 5%
Energy contractor Romenergo and two of its subordinated units own together 5% in Romanian investment fund SIF Banat-Crisana (SIF1.RO), the fund said in a statement Friday.
Mechel Halts Production At Two More Plants In Romania Due To Weather
Russian steel giant Mechel Friday said it has temporarily shut down production at its Romanian plants Mechel Targoviste and Ductil Steel Otelu Rosu due to shipping difficulties, just a coupl...
Leu Ends Flat Vs Euro In Sleepy Session
Romania’s leu continued to trade in a tight range against the euro amid an apathetic market Friday and closed flat on the day at around 4.355 units.
Bucharest Stocks Close Slightly Up, In Quiet Market
The Bucharest bourse gained little ground Friday, on very low traded volumes, with investors focusing on the main investment funds.
BNR Clears New Deputy CEO At BRD
Romania’s central bank approved the appointment of Gheorghe Marinel as deputy chief executive officer of BRD-Groupe Societe Generale (BRD.RO).
Leu Stable Vs Euro, Exchange Rate At 4.3553
Romania’s leu traded near 4.355 per euro by midday Friday and the central bank’s reference weakened slightly to 4.3533 units, from 4.3497 units a day earlier.
Leu Opens Flat Vs Euro, In Quiet Market
The leu opened flat against the euro Friday, in a quiet market with low traded volumes.