Capital Market
Bucharest Stocks End Down, On Dull Trading
The Bucharest bourse closed Tuesday slightly lower on the day, on reduced traded values, while investors focused mainly on the traditional liquidity drivers.
Leu Ends Lower Vs Euro In Quiet Market
Romania’s leu weakened slightly against the euro in a quiet market Tuesday, mirroring a downward trend in the region amid speculations that Greece is getting closer to defaulting on its debt...
Bitdefender Delays Listing Plans After 2012
Shareholders of IT security solutions provider Bitdefender are still considering listing on the bourse, probably after 2012, when the company will have “consistent value”, Tuesday said Flori...
Upcoming Oltenia Complex Listed Within Two Years From Creation - Sources
Energy complex Oltenia, planned by Romanian authorities as a state-owned energy production cluster, will be listed on the bourse within two years from creation, according to agreements betwe...
Leu In Ranges Vs Euro, Exch Rate At 4.2822
Romanian leu traded in narrow ranges against the euro in the first half of Tuesday’s session and the central bank’s reference weakened modestly to 4.2822 units, from 4.2805 units a day earli...
Leu Opens Nearly Flat Vs Euro, Amid Market Apathy
The leu opened Tuesday roughly flat against the euro, on low traded volumes, as players continue to show apathy.
Bucharest Stocks Open Up, On Low Volumes
The Bucharest bourse opened Tuesday with an increase, on low traded values, while the bulk of activity focused on the usual liquidity drivers.
Altur Slatina Invests Over EUR5M In Equipment
Automotive component manufacturer Altur Slatina (ALT.RO), controlled by businessman Catalin Chelu, will make a 22.1 million lei (EUR5.18 million) investment to buy equipment required to impr...
Banca Transilvania One-Year Target Price Reduced By 14.2%, To RON1.2
Raiffeisen Capital & Investment on Monday reduced by 14.2% the one-year target price for Banca Transilvania (TLV.RO), to 1.2 lei (EUR0.28) from RON1.4, but maintained the “hold” recommendati...