Capital Market
Brokers Can File Bids To Manage Hidroelectrica IPO
Romanian state-owned hydropower producer Hidroelectrica expects until March 1 bids from brokers willing to manage its listing on the Bucharest stock exchange, through a public offering of 10...
Banca Transilvania 2011 Net Profit Up 35% To RON131.9M
Romanian lender Banca Transilvania (TLV.RO) Wednesday reported a preliminary net profit of 131.9 million lei (EUR31 million) for 2011, up 35% on the year, as provisioning costs fell, while n...
US Investors Throw $7B At Romania, Finance Ministry Takes Only $1.5B
Romania’s Finance Ministry attracted the highest financing offer in dollars ever registered by a country in the region.
Stock Exchange Investors Gain Two Years’ Bank Interest In One Month
The Bucharest Stock Exchange had a very good start of the year, with the main index BET closing January with a 12.7% rise. The BET-FI index, which tracks the shares of Fondul Proprietatea (F...
SIF Moldova Proposes Tripling Capital To RON155.7M
Romanian regional investment fund SIF Moldova (SIF2.RO) Tuesday call on its shareholders to triple the fund’s capital to 155.7 million lei (EUR), saying its planned dividend payments would d...
Ropharma Net Profit Slides 3.3% To RON10.5M In 2011
Romanian generic drugs wholesaler Ropharma Brașov (RPH.RO) Tuesday said its net profit fell 3.3% on the year to 10.52 million lei (EUR2.5 million) in 2011, despite higher sales.
Swiss Capital Tops Bucharest Bourse Brokers Chart For 13th Month In January
Swiss Capital, former KBC Securities Romania, remained top broker on the Bucharest Stock Exchange for the 13th straight month in January, with total deals worth 387.95 million lei (EUR89.3 m...
Romania Sells $1.5B 10-Year Dollar Bonds At 6.87% Yield
Romania sold 10-year bonds worth $1.5 billion in its first auction on the American market in 16 years, at an annual yield of 6.875%, deputy finance minister Bogdan Dragoi said Tuesday.
Bucharest Stocks Climb To 5-Month High On Positive Sentiment
Bucharest shares advanced 2.58% Tuesday, the highest increase in the past five months, tracking international markets amid hopes that Greece is heading toward a deal with private creditors t...