Capital Market
Romania Ameropa Grains’ Delisting Price Proposed At RON9.11/Share
Swiss grain trader Ameropa Holding AG proposes a price of 9.11 lei (roughly EUR2.1) a share to delist its Romanian unit Ameropa Grains Constanta (CCRL.RO) from the Bucharest Stock Exchange,...
Bucharest Stocks Open Up, Trade Values Stay Low
The Bucharest bourse opened higher Thursday, following the international trend, but the traded values were reduced.
Leu Stays In Ranges Vs Euro, On Low Volumes
The Romanian leu traded in narrow ranges against the euro in early trade Thursday, in thin trading, in line with the other currencies in the region.
Investors In Mutual Funds: Euro Millionaires, Small Entrepreneurs And Tennis Players
Erste Asset Management, the largest mutual fund manager in Romania, handles 2.8 billion lei (EUR0.64 billion) from over 100,000 customers that include millionaires in euros, entrepreneurs an...
Transgaz Signs Brokerage Deal For Upcoming Public Offering
A consortium comprising Raiffeisen Capital & Investment, BT Securities and Czech brokerage firm Wood& Co. Wednesday signed an agreement to broker the secondary offering for a 15% stake in Ro...
Bucharest Bourse Closes Higher, Unlike European Markets
The Bucharest bourse remained in positive territory until the end of the session, though the European markets turned negative, but the traded values were low.
Leu Ends Flat Vs Euro On Low Volumes
Romania’s leu traded in narrow ranges against the euro in late session Wednesday and closed nearly flat on the day, amid low volumes.
Erste Asset Management Profit More Than Halves In 2011
Romanian open-end fund administrator Erste Asset Management, a unit of Austria’s Erste Group Bank (EBS.RO), Wednesday said its net profit more than halved to around EUR300,000 – EUR400,000 i...
Leu Loses Early Gains Vs Euro, Exchange Rate At 4.3467
Romania’s leu lost its early gains versus the euro by midday Wednesday and the central bank’s reference weakened to 4.3467 units, from 4.3424 units a day earlier.