Capital Market
Ameropa Holding Inks Agreements To Buy Romanian Azomures
Swiss fertilizer and grains trader Ameropa Holding concluded “a series of agreements” with the Turkish investors owning Azomures (AZO.RO), to buy the Romanian fertilizer maker.
Leu Opens Slightly Stronger Vs Euro, In Line With Peers
The Romanian leu opened Monday slightly stronger on the day, on low traded volumes, following the evolution of the other currencies in the region.
Bucharest Stocks Open Strong, Eyes On Financials
The Bucharest bourse opened Monday with a solid increase, on low traded values, while investors were focusing mainly on the shares of investment funds and Erste Group Bank (EBS.RO).
Leu Closes Lower Vs Euro, Attuned To Region
Romania’s leu weakened against the euro amid low volumes Friday, tracking the currencies in the region, and closed slightly lower on the day at 4.362/4.3615 units.
Bucharest Stocks Close Flat, On Lolling Activity
The Bucharest bourse closed Friday roughly flat on the day, in an apathetic market where investors held back and targeted the regional investment funds, or SIFs, and Erste Group Bank (EBS.RO...
Leu Exchange Rate Falls To 17-Month Low Of 4.362 Vs Euro
Romania’s leu retreated against the euro by midday Friday and the central bank’s reference weakened 0.2% to 4.362 units, the lowest rate in 17 months.
Court Forces Catalin Chelu To Pay Damages For Refusal To File For Takeover
Marking a first on the Bucharest stock exchange, businessman Catalin Chelu was forced by court order to pay damages for not launching an offer to takeover a firm, thus breaching market bylaw...
Leu Weakens Vs Euro, Following Region
The Romanian leu opened Friday nearly flat on the day, but it soon entered a downward trend, following the other currencies in the region, on fears of the sovereign debt crisis and the outlo...
Bucharest Stocks Open Slightly Up, Eyes On Energy Stocks
The Bucharest bourse opened Friday slightly up on the day, on low traded values, while investors were focusing mainly on shares of energy companies and investment funds.