Capital Market
Leu Opens Up Vs Euro, Peers Gain Ground
The Romanian leu opened Tuesday slightly stronger against the euro, and remained stable after the first hour of the session, while other currencies in the region were posting modest gains.
Bucharest Stocks Close Down, Fondul Proprietatea At All-time Low
The Bucharest bourse closed Monday on a downward trend despite a solid increase in the first half of the session, with Fondul Proprietatea (FP.RO) shares touching a new all-time low since th...
Leu Weakens Vs Euro Amid Low Volumes
Romania’s leu lost early gains versus the euro in late trade Monday and closed slightly weaker on the day, amid low volumes.
Romania Sells RON249M 1-Year T-Bills At 6.65% Average Yield
Romania’s Finance Ministry on Monday sold 249.1 million lei (EUR57.12 million) in one-year treasury bills, lower than the planned amount, at an average yield of 6.65% a year.
20% In Concefa Sold On Bucharest Bourse's Deal Market For RON6.4M
A 20.5% stake in construction company Concefa Sibiu (COFI.RO) was sold on the Bucharest Stock Exchnage’s deal market Monday, for a total 6.4 million lei (EUR1.4 million).
SIF Moldova Sells BCR Stake To Erste
Shareholders of regional investment fund SIF Moldova (SIF2.RO) on Monday agreed to sell the fund’s 6% stake in lender BCR to Erste Group Bank (EBS.RO), the fund said in a statement Monday.
Brokers To Bid For Romgaz Listing By December 29
Brokers wishing to intermediate the listing of a 15% stake in Romanian state-owned gas producer Romgaz Medias can bid in the auction until December 29, the Economy Ministry said Monday in a...
PwC, KPMG And Taylor-DeJongh File Bids To Advise On Oltchim Sale
PricewaterhouseCoopers Management Consultants, KPMG Romania and investment bank Taylor-DeJongh have filed bids to advise on the sale of Romanian state-run chemical company Oltchim (OLT.RO),...
Leu Up Vs Euro, Exchange Rate At 4.3587
Romania’s leu advanced versus the euro by midday Monday and the central bank’s reference strengthened modestly to 4.3587 units, from a 17-month low of 4.362 units in the previous session.