Capital Market
Bucharest Stocks Open Up, Main Funds Drive Trading
The Bucharest bourse opened Monday with minor increase, on low traded values, while the eyes of investors were mainly turning to the shares of financial issuers.
Leu Opens Flat Vs Euro, On Little Activity
The leu opened Monday almost flat against the euro, and it held its ground early in the session, on low liquidity.
Share Funds Bounce Back
Share investment funds generated yields of up to 8.3% at the beginning of this year, helped by the increases registered by the stock market, after having been the laggards of the fund market...
Socep Barometer: Traffic Down In Constanta Harbor In December. Will Economy Go Down, Too?
Harbor operator Socep Constanta (SOCP.RO) says that cargo traffic handled by the company and the entire harbor witnessed a significant decline over the past couple of months, and prospects f...
Leu Dips Vs Euro In Quiet Market
Romania’s leu weakened slightly against the euro amid a quiet session Friday, closing at 4.3465/4.3485 units, from 4.345/4.346 units a day earlier.
Bucharest Stocks Close Up, Proprietatea Fund Drives Trades
The Bucharest bourse closed Friday on an upward trend, while the trading was dominated by transactions with investment fund Fondul Proprietatea (FP.RO) shares.
Banca Transilvania CEO Resignation Points To Shift In Strategy
As soon as Romanian lender Banca Transilvania (TLV.RO) announced the resignation of its chief executive officer, the question on everybody’s lips was: why did Robert Rekkers leave?
Leu Steady Vs Euro, Exchange Rate At 4.3473
Romania’s leu moved in tight ranges against the euro by midday Friday and the central bank’s reference weakened slightly to 4.3473 units, from 4.3452 units a day earlier.
Alro Head Appointed CEO At Vimetco, Owner Of Romanian Aluminum Smelter
Dutch-registered group Vimetco on Friday announced the appointment of Gheorghe Dobra, head of aluminum refinery Alro Slatina (ALR.RO), as its chief executive officer and member of the board.