Capital Market
Leu In Ranges Vs Euro, Exchange Rate At 4.2567
Romania’s leu traded slightly above 4.25 per euro by mid session Thursday, amid rising aversion to risk in the region, but the central bank’s reference strengthened slightly to 4.2567 units,...
OMV Petrom Seeks Extension Of Onshore Exploration Rights Until 2014
Romanian leading oil company OMV Petrom (SNP.RO) has requested the extension until 2014 of its exploration rights on several onshore fields, according to a document prepared by the National...
Leu Dips Vs Euro, On Cautious Trading
The Romanian leu opened Thursday slightly weaker versus the euro, in a market dominated by uncertainty and still frail investor confidence.
Bucharest Shares Open Down, On International Woes
The Bucharest bourse opened Thursday with a downward tendency, influenced by negative developments on US and Asian markets.
CNVM Warns SIF Banat-Crisana Over Alleged Breach Of Shareholder Rights
Securities regulator CNVM sent a letter to regional investment fund SIF Banat-Crisana (SIF1.RO) saying the suspension of voting rights for several investment funds, which wanted higher divid...
Unirea Shopping Center Jan-Jun Profit Halves To RON2.6M
Unirea Shopping Center (SCDM.RO) on Wednesday said its first half net profit dropped to 2.58 million lei (EUR606,000), from RON5.7 million in the same interval of 2010.
Artego First Half Profit Dives To RON0.5M
Rubber items maker Artego (ARTE.RO) on Wednesday reported a net profit of some 500,000 lei (EUR117,346) for the first half of the year, compared to RON3 million in the same interval of 2010.
Leu Closes Stronger Vs Euro, In Line With Peers
The Romanian leu closed Wednesday noticeably stronger against the euro, in a quiet market, while other currencies in the region were seeing similar evolutions.
Bucharest Shares Close High, On US Markets Rise
The Bucharest bourse closed Wednesday on an upward tendency, following positive evolutions on the US markets, after opening in negative territory.