Capital Market
Titan Sees Lower Sales In FY 2012
Romanian milling and bakery company Titan (MPN.RO) estimates its sales will drop by roughly 5% to 331.6 million lei (EUR76.4 million) in the financial year to end in September, from RON348 m...
Leu Down Vs Euro, Exchange Rate At 4.3394
Romania’s leu lost early gains versus the euro by midday Friday, while the central bank’s reference was virtually flat at 4.3394 units, from 4.3396 units a day earlier.
Leu Rises In Early Trade, On Euro Sales
The Romanian leu rose against the euro at the start of Friday's interbank session, trading at 4.33 units, with dealers saying a local lender sells hard currency after it got permission to wr...
Bucharest Shares Open Slightly Down, Correlated With European Markets
Bucharest-listed shares opened slightly down Friday, after posting solid gains the day before, following the downward trend of major European markets.
ArcelorMittal Roman Increases Share Capital By RON292M
Romanian steel pipes maker ArcelorMittal Tubular Products Roman (PTRO.RO) will increase its share capital by 292.1 million lei (EUR67 million) to RON725 million, the company said in a statem...
Bucharest Stocks Rise Further, Proprietatea Fund Deals Lift Trading Values
The Bucharest bourse extended early gains in the second half of Thursday's session, in sync with the positive developments on European markets, and the traded value was lifted by several dea...
Leu Ends Higher Vs Euro In Thin Trade
Romania’s leu strengthened slightly against the euro amid low volumes Thursday and closed at 4.3365/4.3385 units, from 4.34/4.347 units a day earlier.
One Year From Proprietatea Fund’s Listing - Largest Privatization In Romania
Fondul Proprietatea (FP.RO) has in the past year moved from Romanian state control in the hands of a group of private U.S. shareholders, marking the end of the biggest privatization in disgu...
Leu Up Vs Euro, Exchange Rate At 4.3396
Romania’s leu gained modestly against the euro by midday Thursday and the central bank’s reference strengthened 0.16% to 4.3396 units, from 4.3467 units a day earlier.