Capital Market
OMV Awaits Romanian Fiscal Frame To Complete 10-Year Strategy For Petrom
Gerhard Roiss, the head of Austrian oil group OMV, Thursday said he has informed Romanian President Traian Basescu and Prime Minister Emil Boc on the group’s strategy for activities in Roman...
Romania Sells RON98.4M 10-Year Bonds At 7.65% Average Yield
Romania’s Finance Ministry on Thursday sold 98.4 million lei (EUR22.8 million) in 10-year treasury bonds, well below the planned amount, while the average yield rose to 7.65% a year.
SIF Muntenia Holders Allow Managers To Sell BCR Stake
The shareholders of Romanian regional investment fund SIF Muntenia (SIF4.RO) allowed the managing board to decide whether to sell or keep the BCR stake, Thursday said Petre Szel, president o...
Chimopar To Sell 35-Ha Plot In Bucharest For EUR18M
Romanian chemicals maker Chimopar Bucuresti (CPR.RO) on Thursday said it will sell a 35-hectare plot in Bucharest, for EUR18 million, to Cyprus-registered Maveco Holdings Limited.
Leu’s Exchange Rate Hits 2011 Low Of 4.3081 Vs Euro
Romania’s leu continued to retreat against the euro by mid trade Thursday and the central bank’s reference weakened 0.4% on the day to 4.3081 units, the lowest rate this year.
Bucharest Stocks Fall After US’ Gloomy Outlook On Economy
Bucharest shares opened lower Thursday, in line with international markets, following the US central bank’s pessimistic statements on the economic outlook.
Leu Opens Down Vs Euro, In Line With Region
Romania’s leu opened lower against the euro Thursday, extending losses from the previous session after the US Federal Reserve warned of significant economic risks even while launching a new...
Bucharest-Listed Firms Attracted Merely EUR80M In Funding In 3 Years
Only 12 of the 78 companies currently listed on the main market of the Bucharest Stock Exchange (BVB.RO) have attracted funding from the stock exchange through capital increases, whereas pri...
Bucharest Stocks Close Up, SIFs Decline
The Bucharest bourse closed Wednesday above par, after starting weak but with an upward motion throughout the session, while the five regional investment funds, or SIFs, closed in the red.