Capital Market
Avicola Buzau To Take RON15.6M Loan From Eximbank
Shareholders of poultry meat producer Avicola Buzau (AVZU.RO) allowed the company to take out a 15.6 million lei (EUR3.6 million) loan from Eximbank, to use as working capital and to refinan...
Rompetrol Rafinare Nine-Month Loss Narrows 19% YY To $113.3M
Rompetrol Rafinare (RRC.RO) on Thursday reported a net loss of $113.3 million for the first nine months of the year, down 18.8% from a loss of $139.6 million in the same interval of the prev...
Economy Ministry: Russian TISE Interested In Buying Oltchim
Russian electricity producer TISE is interested in buying the majority stake in chemical company Oltchim (OLT.RO), according to a news release issued Thursday by the Romanian Economy Ministr...
Romania Taps US Debt Market For Up To $2 Billion
Romania will offer up to $2 billion of medium-term bonds in a US debt sale scheduled for the end of November, the second international auction this year and the first dollar-denominated bond...
Leu Ends Flat Vs Euro On Suspected Ctrl Bank Intervention
The Romanian leu closed Thursday slightly stronger against the euro, while dealers suspect the central bank was present throughout the day in the market with indirect euro sales meant to mai...
Bucharest Stocks Close Down, SIFs Buoy
The Bucharest bourse closed Thursday in the red, but the five regional investment funds, or SIFs, returned to gains recouping the 2% decline in the previous session.
Leu Recovers Vs Euro, Exchange Rate At 4.353
Romania’s leu reversed early losses versus the euro by midday Thursday and the central bank’s reference edged higher to 4.353 units, from 4.3534 units a day earlier.
Teraplast Falls Into The Red: RON6.9M Loss In Jan-Sep
Romanian plastic systems maker Teraplast (TRP.RO) Thursday reported a net loss of 6.9 million lei (EUR1.6 million) for the first nine months, compared with a net profit of RON6.3 million in...
Orsova Shipyard 9-Month Sales Fall 29% To RON40.3M
Romanian shipyard Santierul Naval Orsova (SNO.RO) Thursday reported total sales of 40.29 million lei (EUR9.7 million) in the first nine months, down 29% from RON57.3 million in the year-earl...