Capital Market
Leu In Ranges Vs Euro, Exchange Rate At 4.3243
Romanian leu traded in ranges against the euro by midday Monday, while the central bank’s reference weakened 0.2% to 4.3243 units, from 4.315 units in the previous session.
SIF Transilvania Sells 6% Stake In BCR To Erste Bank
Romanian regional investment fund SIF Transilvania (SIF3.RO) Monday approved selling its 6% stake in bank Banca Comerciala Romana (BCR) to Austrian Erste Group Bank AG (EBS.RO), people famil...
Ameropa Holding Negotiates Indirect Takeover Of Azomures
Swiss group Ameropa Holding is in advanced negotiations to take over Eurofert and Azomures Holdings, which hold a cumulated 75.87% stake in fertilizer maker Azomures (AZO.RO).
Bucharest Bourse Allows 40% Variation On Azomures Stock Price
Bucharest bourse operator BVB (BVB.RO) on Monday decided to raise the maximum allowed price variation limit to 40% from 15% for Azomures (AZO.RO), since news of a potential takeover of the c...
Leu Opens Weaker Vs Euro, In Quiet Market
The leu opened Monday weaker against the euro, in line with other currencies in the region, while traded volumes were low.
Bucharest Stocks Open Low, On Modest Trading
The Bucharest bourse opened Monday with a slight decline, on low traded values, while investors were focusing mainly on chemical company Azomures (AZO.RO).
Why Romanian Equity Is Currently Attractive
Financial results on the rise, higher dividend yields and the companies’ lower indebtedness level, as well as the lower indebtedness level of Romania to other countries in the region, are th...
Turbomecanica Bucuresti Posts RON14.3M Loss At 9-Mo
Plane repair firm Turbomecanica Bucuresti (TBM.RO) on Friday reported a 14.3 million lei (EUR3.4 million) loss for the first nine months of the year, compared to a loss of RON6.3 million in...
Bucharest Stocks Close Down, Proprietatea Drives Trades
The Bucharest bourse closed Friday with a decrease, on high traded values, in a market where players focused mainly on the shares of Fondul Proprietatea (FP.RO) and those of lenders.