Capital Market
Atelierele CFR Sees 30% Drop In First Half Profit, To RON2.64M
Rolling stock maker Atelierele CFR Grivita (ATRD.RO) reported a 30% decline in its first half profit, to 2.64 million lei (EUR), from RON3.76 million.
Mechel Campia Turzii First Half Loss Shrinks To RON25.3M
Steel processor Mechel Campia Turzii (INSI.RO) reported a net loss of 25.3 million lei (EUR5.92 million) in the first six months of the year, compared to a loss of RON58.3 million in the sam...
Leu Gains Inches Vs Euro, On Low Volumes
The Romanian leu closed slightly stronger against the European currency Tuesday, on euro buy orders placed for corporate clients, in a quiet market.
Bucharest Shares Close Flat, On Lackluster Trading
The Bucharest bourse closed undecided Tuesday, with blue-chips edging higher, while the general index ended down 0.4%, under the influence of international markets' decreases.
Romania Sells RON700M 1-Year T-Bills; Yield Rises To 6.6%
Romania’s Finance Ministry on Tuesday sold a planned 700 million lei (EUR164 million) in one-year treasury bills, at an average yield of 6.64% a year, higher than at the previous auction.
Leu Slightly Up Vs Euro, Exchange Rate At 4.2706
Romania’s leu maintained early gains versus the euro by mid trade Tuesday and the central bank’s reference strengthened 0.2% to 4.2706 units.
SIFs' Net Assets Fall In July To RON7.1B
The cumulated net asset value of Romania’s five regional investment funds, or SIFs, dropped 0.65% in July, to 7.113 billion lei (EUR1.66 billion), from RON7.16 billion at the end of June.
Electoarges 1H Net Profit Up 23% To RON4.3M
Romanian household appliance maker Electroarges Curtea de Arges (ELGS.RO) Tuesday reported a net profit of 4.3 million lei (EUR1 million) for the first half, up 23% from RON3.5 million in th...
Cemacon 1H Net Profit Doubles At RON1.6M
Romanian brick maker Cemacon Zalau (CEON.RO) on Tuesday reported a net profit of 1.6 million lei (EUR390,000) for the first half, almost doubled from RON870,000 in the same interval of 2010.