Capital Market
Romania Rejects All Bids In 5-Year Bonds Sale
Romania’s Finance Ministry on Thursday rejected all bids in a 500 million lei (EUR118.2 million) bond sale, citing high yields.
One Third Of Electroarges Sold For RON5M On Bucharest Bourse
A 29.62% stake in Romanian vacuum cleaners maker Electroarges (ELGS.RO) was sold Thursday on the Bucharest Stock Exchange for nearly 5 million lei (EUR1.1 million).
Ropharma Adds RON2.9M To Teo Health Share Capital Hike
Romanian medicine wholesaler Ropharma Brasov (RPH.RO) on Thursday said it will contribute 2.9 million lei (EUR685,000) to the share capital increase of private healthcare provider Teo Health...
Leu Down Vs Euro, Exchange Rate At 4.2306
Romania’s leu lost early gains versus the euro in mid trade Thursday, amid a negative sentiment in the region, and the central bank’s reference weakened almost 0.2% to 4.2306 units, from 4.2...
Transgaz Inks RON1B Gas Transport Contracts
Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Thursday announced it has signed transport deals with four local companies for a total amount of 1.027 billion lei (...
Bucharest Stocks Open Modestly Up, Focus On Oltchim, Amonil
Bucharest shares opened slightly up Thursday, with chemical plant Oltchim (OLT.RO) gaining nearly 15% in early trade after stockholders approved taking out loans worth EUR250 million to fina...
Leu Slightly Up Vs Euro In Early Trade
Romanian leu edged higher against the euro amid low volumes Thursday morning, mirroring regional markets.
Analysts See High Chances For Stock Market Growth By Yearend
After the dramatic declines of August, which drove the prices of the most liquid shares on the bourse down even by as much as 20% at a certain moment, the Bucharest stock exchange has shown...
Argus 1H Net Profit Falls By A Quarter
Romanian edible oil producer Argus Constanta (UARG.RO) Wednesday said its net profit fell 25% to 4.3 million lei (a little over EUR1 million) in the first half, as revenues rose slower than...