Capital Market
Almost 2% In Proprietatea Fund Traded In Bucharest For RON122M
A stake of around 1.8% in Romanian investment fund Fondul Proprietatea (FP.RO) changed hands on the deal market of the Bucharest stock exchange Thursday, for 122 million lei (EUR28.9 million...
Leu Partly Loses Gains Vs Euro, Exchange Rate At 4.2236
Romania’s leu lost part of its earlier gains versus the euro, but the central bank’s reference strengthened 0.25% to 4.2236 units, from 4.2342 units a day earlier.
Bucharest Bourse Opens Up, Energy Stocks Lead Revival
The Bucharest stock exchange opened on a rising trend Thursday, after a slump in the previous sessions, with the energy companies recouping part of Wednesday's large losses.
Leu Gains Vs Euro On Improved Sentiment
The Romanian leu rose against the euro in early trade Thursday, on a positive sentiment fueled by a return to growth of the US markets late Wednesday.
SIFs Prepare EUR1 Bln Exit From BCR
Austria’s Erste Group Bank (EBS.RO), majority shareholder of Banca Comerciala Romana, or BCR, could pay EUR1 billion for the remaining 30.1% in the bank, which is in the hands of the five re...
Belgian KBC Securities Sells Romanian Unit For Undisclosed Amount
Belgian brokerage house KBC Securities has sold its Romanian subsidiary to the firm’s general manager Sorin Apostol and equity market manager Bogdan Juravle.
Florin Pogonaru Increases Stake In Prodplast To 51.5%
Romanian businessman Florin Pogonaru has increased its shares in plastics producer Prodplast (PPL.RO) to 51.51%, after he paid 2.4 million lei (EUR0.56 million) for a 11.4% stake.
Bucharest Shares Continue Decline, Interest Stays Low
Romanian shares ended down Wednesday, as their losses deepened in late trade, despite a rejuvenation on the international markets after the publishing of better-than-expected jobs data in th...
Leu Firms Vs Euro On Positive Sentiment
Romania’s leu strengthened against the euro Wednesday, mirroring the currencies in the region, as investors are more optimistic following better-than-expected jobs data in the US.