Capital Market
Romaero Plans To Take EUR3.5M Loan
Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) plans to borrow 15 million lei (EUR3.5 million) to finance current operations and refinance loans taken between...
Dafora's Net Profit Falls To RON2.9M In First Half
Romanian oil drilling and construction company Dafora Medias (DAFR.RO) Wednesday reported a net profit of 2.9 million lei (EUR0.68 million) for the first year-half, down almost 60% from RON7...
Bucharest Shares Close Up 3%, SIFs Buck Trend
Bucharest-listed shares kept some of the early gains and closed up 3% Wednesday, recovering part of the loss in the previous sessions, but the regional investment funds (SIFs) fell in the la...
Leu Dips Vs Euro On Negative Sentiment
Romania’s leu weakened against the euro Wednesday, tracking the currencies in the region, and closed at 4.2665/4.27 units, from 4.2615/4.2635 a day earlier.
9.2% Stake In Conpet Sold For RON27M In Bucharest
A stake of 9.2% in oil transporter Conpet Ploiesti (COTE.RO) was traded on the Rasdaq deal market in Bucharest for 27.11 million lei (EUR6.3 million).
Government To Refund Petrom For EUR600M Eco-friendly Works Until 2034
Romanian leading oil company OMV Petrom (SNP.RO) is poised to receive EUR600 million from the state for ecological works at its units until 2034, Chief Executive Officer Mariana Gheorghe sai...
Proprietatea Fund Buys Back 0.17% Stake For RON11.8M
Romanian investment fund Fondul Proprietatea (FP.RO) last week bought back 0.36% of its shares on the Bucharest bourse for 11.8 million lei (EUR2.76 million), the fund said in a statement We...
Romania To Negotiate In China For Highway, Subway, Energy Projects
Romanian Government officials will go to China on Wednesday to negotiate a number of economic projects, including two new power station production units, a highway between Sibiu and Pitesti,...
Global Gains Fuel Bucharest Shares' Rally
Romanian shares seemed to have found footing in the global markets' rises and kept their early gains in mid-trade Wednesday, after the large falls in the previous sessions.