Capital Market
Romania Sells RON298M 6-Month Bills At 6.7% Average Yield
Romania’s Finance Ministry on Monday sold six-month treasury bills worth 297.5 million lei (EUR68.8 million), at an average yield of 6.69% a year.
Bucharest Radisson Blu's Owner Borrows EUR71.5M To Refinance Debts
Romanian hotel operator Bucuresti Turism (BUTU.RO) has accessed a EUR71.5 million loan from Raiffeisen Bank International to refinance outstanding debts and repay a loan granted by its major...
Leu Up Vs Euro, Exchange Rate At 4.3222
Romania’s leu extended early gains versus the euro by midday Monday and the central bank’s reference strengthened 0.7% to 4.3222 units, from a 15-month low of 4.3533 units in the previous se...
Leu Opens Weaker Vs Euro, Recovers Early
The Romanian leu opened Monday slightly weaker against the euro, in line with other currencies in the region, while volumes remained low and global economy fears linger.
Bucharest Stocks Open Down, Following International Markets
The Bucharest bourse opened Monday with a sharp decline, in line with the sharp falls of markets around the globe, triggered by the Greek government's announcement that it is unable to meet...
Bourse Operates Biggest Transfer In Years: Electromagnetica Is One Step Away From Floatation
The National Securities Commission (CNVM) at the end of last week approved the transfer of shares of electrical equipment producer Electromagnetica Bucuresti (ELMA.RO) from Rasdaq onto the r...
The Luckiest Fund: It Exited Shares At Proper Time And Yielded 12%
Betting on stock in the first three months of the year, when the Bucharest bourse climbed 15%, and a shift to bonds starting April, close to the debt crisis onset, was the strategy that brou...
Swiss Capital Ranks First Among Bucharest Brokers In September
Swiss Capital, former KBC Securities Romania, ranked first in September among Bucharest bourse brokers, with a turnover of 456.8 million lei (EUR105 million) and a market share of 24.55%.
Leu Closes Weaker Vs Euro, Hits New 15-Month Lows
The Romanian leu continued to weaken in late trade Friday, reaching a low of 4.375 against the euro, but it started to recover slightly towards the end of the session, prompting dealers to s...