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Leu Falls To 4.0865 Vs Swiss Franc, Trades At 4.262 Vs Euro
Capital Market

Leu Falls To 4.0865 Vs Swiss Franc, Trades At 4.262 Vs Euro

Romania’s leu traded in ranges against the euro and the central bank’s reference strengthened slightly to 4.262 units, from 4.267 units a day earlier.

Florentina Dragu · 10.08.2011 · 13:31 · 1 min
Energy

OMV Petrom: Romanian Consumption To Pick Up In 2H

Romanian macroeconomic outlook remains favorable for the second half of 2011, with domestic consumption bound to pick up toward year-end, according to estimates of dominant oil company OMV P...

Florentina Dragu · 10.08.2011 · 12:11 · 1 min
Companies

Vae Apcarom 1H Net Profit Up 47.3% To RON2.8M

Romanian rolling stock maker Vae Apcarom Buzau (APC.RO), owned by Austria's Voestalpine, Wednesday reported net profit of 2.79 million lei (EUR0.6 million) in the first half, up 47.3% on the...

Florentina Dragu · 10.08.2011 · 11:26 · 1 min
Capital Market

Leu Down Vs Euro In Early Trade On Low Volumes

Romania’s leu opened higher against the euro Wednesday morning, but started to retreat shortly after, amid low volumes.

Florentina Dragu · 10.08.2011 · 11:14 · 1 min
Surprise Fall In Romania Inflation Rate To 4.85% In July
Macroeconomics

Surprise Fall In Romania Inflation Rate To 4.85% In July

Romanian consumer prices fell for the second straight month in July, as food prices continued to decline, while the annual inflation saw a drop to 4.85%, from 7.9% a month earlier, official...

Florentina Dragu · 10.08.2011 · 10:05 · 1 min
Bucharest Bourse 1H Net Profit Triples To RON12.5M
Capital Market

Bucharest Bourse 1H Net Profit Triples To RON12.5M

The Bucharest Stock Exchange (BVB.RO) Wednesday said its net profit nearly tripled on the year to 12.5 million lei (EUR2.9 million) in the first half, fueled by improved operating and financ...

Florentina Dragu · 10.08.2011 · 09:59 · 1 min
OMV Petrom 2Q Net Profit Rises To RON903M
Energy

OMV Petrom 2Q Net Profit Rises To RON903M

Romanian leading oil company OMV Petrom (SNP.RO) Wednesday said its net profit after minorities rose 26% on the year to 903 million lei (EUR211.6 million) in the second quarter, mostly fuele...

Florentina Dragu · 10.08.2011 · 09:18 · 2 min
A New Day Of Panic On The Stock Exchange. What Do Brokers Say About It?
Capital Market

A New Day Of Panic On The Stock Exchange. What Do Brokers Say About It?

Investors on the Bucharest Stock Exchange Tuesday had one of the most troubled sessions in the last three years, with panic sell-offs prompting market indexes to fall by over 12% at one poin...

Adrian Cojocar · 10.08.2011 · 00:00 · 2 min
Capital Market

Residents’ Net Inflows On Bucharest Bourse At RON15M In July

Romanian investors were net buyers on the Bucharest Stock Exchange in July, with total inflows amounting to 14.9 million lei (EUR3.5 million), down from RON52.17 million a month earlier, bou...

Florentina Dragu · 09.08.2011 · 19:34 · 1 min