Capital Market
Prefab Seeks Loans Worth EUR20M
Romanian construction materials maker Prefab Bucuresti (PREH.RO) plans to contract bank loans worth up to a total EUR20 million, to support production this year and the investments planned f...
Bucharest Stocks Open Flat, On Low Trading Appetite
The Bucharest bourse opened Wednesday roughly flat on the day, while traded values remained extremely low.
Leu Opens Stronger Vs Euro, Regains Ground Lost Yesterday
The Romanian leu opened Wednesday stronger against the euro, recouping part of the ground lost in the day before, when it closed above 4.36 units.
Broadhurst Plans To Raise Its Stake In Libra Bank To 40%
US investment fund Broadhurst Investments Limited plans to purchase 6.99% in Romanian Libra Internet Bank from car parts producer Electroaparataj Bucharest (ELJ.RO), in a bid to increase its...
Leu Slides Vs Euro, Attuned To Region
Romania’s leu weakened against the euro Tuesday, tracking the currencies in the region, and closed down 0.7% at 4.3605/4.3635 units, from 4.3305/4.3325 units a day earlier.
Bucharest Stocks End Down, Interest Stays Low
The Bucharest bourse closed Tuesday with a slight decrease, on reduced traded values, as mood on the international markets was pretty gloomy amid concerns over the European debt crisis.
Siveco May Float Stock In Romania Within Five Years
Computer solutions supplier Siveco Romania may float stock within the next five years on a Romanian market, either in Bucharest or in Sibiu, the company’s general manager Irina Socol said Tu...
Leu Loses 0.5% Vs Euro, Exchange Rate At 4.3529
Romania’s leu extended earlier losses against the euro by midday Tuesday, amid a negative sentiment in the region, and the central bank’s reference weakened almost 0.5% on the day to 4.3529...
Alro Slatina Shuts Down Production Unit On Reduced Power Supply
Romanian aluminum maker Alro Slatina (ALR.RO) Tuesday said it has started procedures to shut down a production unit, because of reduced electricity deliveries from its main supplier, Hidroel...