Capital Market
Romania Could Delay Transelectrica, Transgaz Sale
Romania might have to put off its plans to sell more stakes in power grid operator Transelectrica (TEL.RO) and natural gas company Transgaz (TGN.RO), an official at the Economy Ministry said...
Bucharest Shares Open Flat, SIFs Rise Slightly
Bucharest-traded stocks were almost flat in early trade Tuesday, with the five regional investment funds SIFs posting some gains, as international markets calmed down, after yesterday's stro...
Economy Ministry To Select Broker For Transelectrica SPO In October
Romania’s Economy Ministry will launch next week the official announcement to select a broker to help with a secondary offering of 15% in state-run power grid operator Transelectrica (TEL.RO...
Leu Falls Vs Euro In Early Trade
Romania’s leu opened lower against the euro amid higher volumes Tuesday, mirroring the downtrend on regional markets.
Blue Chips Lose 5% In Three Days. Brokers Do Not See Short-Term Rebound
The most liquid shares on the Bucharest Stock Exchange have already cumulated losses of around 5% since the beginning of the month, amid the turmoil that has grabbed foreign markets once aga...
Ropharma Turns RON1.8M Receivable Into Stock
Shareholders of medicine wholesaler Ropharma Brasov (RPH.RO) decided to turn a 1.8 million lei (EUR423,240) receivable into shares within Ropharma Production, a company which it owns.
Bucharest Shares Fall, Amid Global Decline
The Bucharest bourse closed down Monday, but the local stocks' decline was lower than decreases posted by the markets worldwide, as trading remained moderate and focused mainly on the tradit...
Leu Dips Vs Euro, Attuned To Region
Romania’s leu returned to losses against the euro in late trade Monday, amid a negative sentiment in the region, and closed slightly weaker on the day at 4.2465/4.249 units, from 4.2425/4.24...
Do-Fi South-East Holding Bids EUR3.8M For Romanian SCTB Takeover
Austrian investment fund Do-Fi South-East Holding launched an offer to buy 37.65% in construction company SCT Bucuresti, or SCTB (SCTB.RO), for 16.3 million lei (EUR3.8 million).