Capital Market
Transelectrica SPO Most Likely Launched In Spring 2012 - Brokers
The public offer whereby the Romanian Economy Ministry wants to sell 15% in national power grid operator Transelectrica (TEL.RO) will most likely be launched in spring next year, one of the...
Romania Sells RON1.39M 6-Month Bills At 6.5% Average Yield
Romania’s Finance Ministry on Monday sold six-month treasury bills worth 1.39 billion lei (EUR317 million), above the planned amount, at an average yield of 6.51% a year, lower than at the p...
Economy Ministry Contracts Broker For Transelectrica SPO
Romania’s Economy Ministry on Monday signed a contract with the consortium set to broker the sale of a 15% stake in power grid operator Transelectrica (TEL.RO).
Prospectiuni 9-Month Net Profit Quadruples To RON30.7M
Romanian Prospectiuni Bucuresti (PRSN.RO), provider of geological surveys for the oil and gas industry, Monday reported a net profit of 30.7 million lei (EUR7.3 million) for January-Septembe...
Transilvania Constructii Jan-Sep Net Profit Jumps To RON1.3M
Romanian construction firm Transilvania Constructii (COTR.RO) Monday reported a net profit of 1.3 million lei (EUR323,000) for the first nine months, compared to RON49,000 in the same interv...
Leu Slightly Up Vs Euro, Exchange Rate At 4.3448
The Romanian leu kept early gains versus the euro Monday, and the central bank computed an exchange rate of 4.3448 units, slightly stronger from 4.3479 units in the previous session.
Electroarges 9-Month Net Profit Flat On Year At RON5.36M
Romanian household appliance maker Electroarges (ELGS.RO) on Monday reported a net profit of 5.36 million lei (EUR1.23 million) for the first nine months, roughly the same as RON5.4 million...
Concefa Reports RON11.5M Loss In First 9 Months
Romanian construction company Concefa Sibiu (COFI.RO) Monday reported a loss of 11.5 million lei (EUR2.7 million) in the first nine months, from a net profit of RON2.3 million in the same pe...
Oltchim Posts RON110M Loss In 3Q
Romanian state-owned chemical company Oltchim (OLT.RO) Monday reported a loss of some 110 million lei (EUR26 million) in the third quarter, cumulating a negative result of RON179.7 million i...