Capital Market
Leu Opens Roughly Flat Vs Euro, On Low Volumes
The Romanian leu opened Wednesday nearly flat on the day, but it soon weakened for a short while before returning to opening levels by the end of the first hour.
Bucharest Stocks Open Down, Eyes On SIFs
The Bucharest bourse opened Wednesday slightly in the red, while the moderately improved traded value came from the renewed interest investors found in the five regional investment funds, or...
Vrancart 9-Month Net Profit More Than Halves On Year
Romanian paper and cardboard maker Vrancart Adjud (VNC.RO) Tuesday said its net profit fell 53.16% to 1.36 million lei (EUR0.31 million) in the first nine months, hit by exchange rate change...
Comvex 9-Month Net Profit Halves To RON2.7M
Romanian harbor operator Comvex Constanta (CMVX.RO) Tuesday said its net profit more than halved to 2.71 million lei (EUR0.62 million) in the first nine months, from RON5.96 million a year e...
Cemacon Switches To RON2.8M Loss In Jan-Sep
Romanian building materials manufacturer Cemacon Zalau (CEON.RO) Tuesday said it has switched to a loss of 2.88 million lei (EUR0.66 million) in the first nine months, from a net profit of R...
Avicola Brasov 9-Month Sales Down 3.8% To RON66M
Romanian poultry processor Avicola Brasov (AVLE.RO) Tuesday said its sales slid 3.8% to 66.16 million lei (EUR15.2 million) in the first nine months, from RON68.8 million in the year-earlier...
Mechel Targoviste 9-Month Loss Widens To RO89.2M
Romanian steel maker Mechel Targoviste (COS.RO) Tuesday said its loss widened 12.1% to 89.2 million lei (EUR20.5 million) in the first nine months, despite a 42.3% increase in sales.
Farmaceutica Remedia Net Profit Rises 39% In January-September
Romanian pharmaceuticals supplier Farmaceutica Remedia Deva (RMAH.RO) Tuesday said its net profit rose 39% on the year to 4 million lei (EUR0.92 million) in the first nine months, on higher...
Zentiva Romania 9-Month Net Profit Down 27% To RON42M
Romanian pharmaceuticals company Zentiva Romania (SCD.RO) Tuesday said its net profit fell 27% to 41.9 million lei (EUR9.9 million) in the first nine months, from RON57.4 million in the year...