Capital Market
Romania Sells RON735.6M 1-Year T-Bills At 6.8% Average Yield
Romania’s Finance Ministry on Monday sold 735.6 million lei (EUR170.1 million) in one-year treasury bills, below the planned amount, at an average yield of 6.82% a year, barely changed from...
Intercontinental Bucuresti Holders Reject RON40M Share Capital Hike
The shareholders of Romanian hotel operator Compania Hoteliera Intercontinental Bucuresti (RCHI.RO) on Monday rejected a 40 million lei (EUR9.25 million) share capital increase proposed by T...
Ousted SSIF Broker Chief To Challenge Dismissal In Court
The ousted general manager of brokerage firm SSIF Broker (BRK.RO) on Monday said he considers the managing board’s decision, to dismiss him, an abuse and he will challenge this action in cou...
SSIF Broker Board Fires General Manager
The managing board of Romanian brokerage firm SSIF Broker (BRK.RO) decided to dismiss general manager Girgore Chis, as a disciplinary measure, according to a report published on the Buchares...
Leu Up Vs Euro, Exchange Rate At 4.323
Romania’s leu edged higher against the euro by midday Monday and the central bank’s reference gained 0.15% to 4.323 units, from 4.3295 units in the previous session.
Bucharest Stocks Open In The Green, On Positive Sentiment
The Bucharest Stock Exchange opened Monday with an increase, on moderate traded values, while players were focusing mainly on Fondul Proprietatea (FP.RO) and issuers active on the financial...
Leu Opens Weaker Vs Euro, Eyes On EU Leaders
The leu opened Monday slightly weaker against the euro, as players expect European leaders to come up with a solution to the economic crisis within the next several days.
US’s Templeton Asks For Extended Powers At Proprietatea Fund
American company Franklin Templeton, manager of the EUR3.6 billion assets of regional investment fund Fondul Proprietatea (FP.RO), is asking shareholders to allow it to decide on its own on...
Bucharest Stocks Close Up, On Endgame Rally
The Bucharest bourse closed up Friday, lifted by a rally in the last part of the session, as U.S. markets opened higher on hopes the European leaders will find a solution this weekend to fig...