Capital Market
Bucharest Stocks Open Down Amid Low Volumes
Bucharest shares edged lower in a quiet session Tuesday morning, with the composite index BET-C losing 0.24% amid low volumes.
Leu Falls To 4.37 Vs Euro In Early Trade
Romania’s leu opened down against the euro Tuesday morning and traded just shy of 4.37 units in early session, with dealers suspecting a covert intervention from the central bank to steer th...
Petrom, Rompetrol Shares Suspended Ahead Of Fuel Probe Report
Shares in Romania’s largest two oil companies OMV Petrom (SNP.RO) and Rompetrol Rafinare (RRC.RO) have been suspended from trading on the Bucharest stock exchange pending the results of an i...
Romania Needs To Advertise Abroad To Raise Funds, Says Deputy FinMin
Romania’s big challenge this year will be to advertise on the international market, so that it would differentiate itself from countries in trouble in the region and borrow at reasonable ter...
Bourse Operator Holders Appoint New Board
Shareholders of Bucharest bourse operator BVB (BVB.RO) on Monday appointed Lucian Anghel as Chairman of the Board.
Bucharest Stocks Dip, Trading Stays Very Low
The Bucharest bourse closed slightly down Monday, on very low traded volumes, with very few stocks raising some attention.
Leu Weakens Vs Euro On Growing FX Demand
Romania’s leu retreated against the euro in late trade Monday and closed over 0.2% weaker on the day at 4.3585/4.36 units, amid higher demand for foreign currency.
Bucharest Bourse Dismisses Board Members
The shareholders of the Bucharest Stock Exchange Monday agreed with 68.5% of the votes to replace the bourse’s board members, participants in the meeting told MEDIAFAX.
Romania In Advanced Talks With OMV To Buy Arpechim Refinery
Romanian authorities are carrying advanced negotiations to purchase the Arpechim refinery from oil company OMV Petrom (SNP.RO), local officials in Arges County said Monday.