Capital Market
OMV Petrom Confirms Malfunctions At Brazi Power Plant
Romanian oil and gas company OMV Petrom (SNP.RO) Wednesday announced malfunctions at the Brazi power plant it is building, thus confirming information previously published by MEDIAFAX.
Romcarbon Reports RON107M Turnover For 2011, Up 5% On Year
Romanian plastic systems maker Romcarbon Buzau (ROCE.RO) Wednesday reported a 5% year-on-year decline in its 2011 sales, to some 107 million lei (EUR24.7 million) from RON112.9 million in th...
Bucharest Stocks Open Down, Eyes On SIFs
The Bucharest bourse opened Wednesday with a downward trend, while the bulk of investment was focusing on the five regional investment funds, or SIFs.
Leu Opens Flat, On Low Traded Volumes
The leu opened roughly flat against the euro Wednesday, on low traded volumes, with little to no oscillation.
Romania To Turn To US Debt Market For Financing - Deputy FinMin
Romania will likely turn to the US debt market to attract external financing in 2012, because the European banks are under upside pressure to adjust their capital ratios to the latest requir...
Bucharest Stocks Close Up, SIFs Surge
The Bucharest bourse closed Tuesday on an upward trend, following the international markets, while the five regional investment funds, or SIFs, gained 3% on average.
Leu Weakens Vs Euro, Unlike Neighbors
Romania’s leu extended early losses against the euro in late trade Tuesday, unlike its peers in the region, and closed 0.3% weaker on the day at 4.3365/4.338 to the European common currency.
Leu Exchange Rate Firms To 4.3270 Vs Euro
Romania’s leu retreated modestly against the euro by midday Tuesday, but the central bank’s reference strengthened almost 0.2% to 4.327 units, from 4.3347 units a day earlier.
Bucharest Stocks Open Slightly Up, SIFs Rise Faster
The Bucharest bourse opened Tuesday with a minor increase, with the regional investment funds (SIFs) gaining further ground, extending previous day's gains.