Capital Market
Foraj Sonde Craiova 9-Month Net Profit Rises 7-Fold To RON7M
Romanian oil and gas services company Foraj Sonde Craiova (FOSB.RO) Tuesday reported net profit of 6.9 million lei (EUR1.58 million) in the first nine months, nearly sevenfold higher on the...
Mechel Campia Turzii 9-Month Loss Widens To RON69.3M
Romanian steel works Mechel Campia Turzii (INSI.RO), a unit of Russia's mining and metals Mechel Steel Group, Tuesday said its loss widened 32% on the year to 69.3 million lei (EUR16 million...
Amonil Switches To RON16M Loss In Jan-Sep
Romanian fertilizer maker Amonil Slobozia (AMO.RO) Tuesday said it has switched to a loss of 16 million lei (EUR3.8 million) in the first nine months, due to lower sales.
Leu Edges Higher Vs Euro On Suspected Central Bank Intervention
Romania’s leu traded just above 4.35 per euro in late session Tuesday and closed modestly higher on the day, with dealers suspecting the central bank sold at least EUR100 million to keep the...
Bucharest Stocks Close In Red, SIFs Jump
The Bucharest bourse closed Tuesday with a minor decrease, on higher traded values, pushed by transactions with the five regional investment funds, or SIFs, that surged more than 8%, on news...
SIBEX Exchange Turns To Loss In Jan-Sep
Romania’s monetary and commodities exchange SIBEX has switched to losses in the first nine months from profit in the year-earlier period, mainly due to a 21% decline in trade volumes, the Si...
COMCM Profit Jumps To RON2.1M In First 9 Months
Romanian construction materials maker COMCM Constanta (CMCM.RO) Tuesday reported a net profit of 2.1 million lei (EUR483,000) for the first nine months, compared to RON173,000 in the same in...
Carbochim 9-Month Sales Up 10% To RON23.1M
Romanian abrasives maker Carbochim Cluj-Napoca (CBC.RO), owned indirectly by businessman Catalin Chelu, Friday reported a 10% increase in nine-month sales, to 23.1 million lei (EUR5.5 millio...
Financial Turmoil To Affect Romania’s US-Dollar Bond Issue - Official
Romania’s planned US-dollar denominated bond issue will likely be affected by the international financial turmoil and the recent change in Hungary’s outlook, an official of the Finance Minis...