Capital Market
Transelectrica Board Chairman Resigns Two Days After Appointment
Victor Vevera, personal adviser to Romanian Prime Minister Emil Boc, resigned from the position of chairman of the board at Transelectrica (TEL.RO), operator of the country's power grid, jus...
Bucharest Stocks Open Up, Financials In The Lead
The Bucharest-listed shares were on a rising trend in early session Tuesday, with trading dominated once again by transfers with financial stocks.
Leu Opens Slightly Up Vs Euro, In Quiet Market
The Romanian leu opened slightly stronger against the euro Tuesday, in a quiet market with low transferred volumes.
Which Companies Have Millions Of Shareholders
Over 9 million Romanians are shareholders in listed and unlisted companies, but only a few tens of thousands trade shares on the stock exchange. The rest don’t even know they could be millio...
Leu Closes Higher Vs Euro After Sleepy Session
Romania’s leu edged higher against the euro in late trade Monday and closed slightly above 4.34 per euro, amid low volumes.
Bucharest Stocks Close Up 0.5%, Erste Soars
The Bucharest bourse closed Monday slightly higher on the day, on moderate traded values, while the shares of Austrian lender Erste Group Bank (EBS.RO) jumped 12% on the day.
Transgaz To Buy Goods, Services Worth RON332.4M In March
Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) plans to assign public procurement contracts worth 332.4 million lei (EUR76.6 million) in March, above the amount al...
Romania Sells RON1.27B 6-Month Bills At 5.87% Average Yield
Romania’s Finance Ministry on Monday sold six-month treasury bills worth 1.27 billion lei (EUR292 million), more than quadruple the planned amount, while the average yield fell to 5.87% a ye...
Leu Stable Vs Euro, Exchange Rate At 4.3463
Romania’s leu traded just shy of 4.35 per euro by midday Monday and the central bank’s reference strengthened modestly to 4.3463 units, from 4.3473 units in the previous session.