Capital Market
Leu Opens Stronger Vs Euro, On Foreign Trading
The leu opened Tuesday stronger against the euro, following transactions on foreign markets after the closing bell in Bucharest.
Romanian Shares Open Up, On Average Trading
The Bucharest bourse opened Tuesday with an increase, on moderate traded values, while the bulk of activity was focusing on Fondul Proprietatea (FP.RO) and the SIFs.
Severnav Swings To RON1.9M Profit In First Half
Romanian ship builder Severnav (SEVE.RO) Monday said it has swung to a net profit of 1.93 million lei (EUR0.45 million) in the first half, from losses a year-earlier, on lower costs.
Alpha Bank 1H Pretax Profit In Romania Falls To EUR5.4M
Greece’s third largest lender Alpha Bank Monday said its pretax profit in Romania dropped 77.4% to EUR5.4 million in the first half, due to higher operating costs.
Avicola Buzau Swings To RON2.5M Net Profit In 1H
Romanian poultry meat processor Avicola Buzau (AVZU.RO) on Monday said it has swung to a net profit of 2.5 million lei (EUR0.59 million) in the first half, versus a loss of RON2.3 million in...
Retrasib Doubles Capital To RON10M
Romanian electric engine maker Retrasib Sibiu (RTRA.RO) will increase its share capital by 5 million lei (EUR1.18 million) to RON10 million to bolster operations, the company said in a state...
Bucharest Shares Close High On Positive Sentiment
The Bucharest bourse closed Monday clearly in the green, after an end-session rally prompted by positive developments in international markets.
Leu Firms Vs Euro In Quiet Session
The leu strengthened against the euro Monday, amid low volumes, and closed 0.2% higher on the day at 4.235/4.236 units.
Leu In Ranges Vs Euro, Exchange Rate At 4.2402
The leu lost traded just below 4.24 versus the euro by mid session Monday and the central bank’s reference strengthened slightly to 4.2402 units, the highest rate in over three weeks.