Capital Market
Dafora To Refinance EUR25M Loans
Romanian drilling company Dafora Medias (DAFR.RO) will refinance its existing loans in a move to obtain better lending terms, the company said in a statement Monday.
Leu Firms Vs Euro On Positive Sentiment
Romania’s leu strengthened against the euro Monday, mirroring the currencies in the region, and closed 0.4% higher on the day at 4.2215/4.224 units.
Leu Widens Gains Vs Euro, Exchange Rate At 4.2246
Romania’s leu extended early gains versus the euro by mid-trade Monday and the central bank’s reference won nearly 0.4% on the day to 4.2246 units, from 4.2403 units in the previous session.
Beer Maker Bermas Posts 10% Higher Sales At RON11.3M In First Half
Romanian brewer Bermas Suceava (BRM.RO) Monday reported total sales of 11.3 million lei (EUR2.7 million) in the first half, up 10% from RON10.3 million in the same period a year earlier.
SIF Moldova 1H Revenue Up 21% On Year
Romanian regional investment fund SIF Moldova (SIF2.RO) Monday reported total revenue of 74.7 million lei (EUR17.8 million) in the first half, up 21% on the year.
Leu Opens Up Vs Euro, In Line With Region
Romania’s leu opened higher against the euro Monday, amid a positive sentiment in the region after US lawmakers struck a deal to increase the nation’s borrowing ceiling and prevent a possibl...
Bucharest Shares Open Up, In Line With European Markets
Bucharest-listed shares were up in early trade Monday, following the trend on the European markets, which were gaining 1% on a positive sentiment as Congressional leaders reached a deal on t...
BRD's Net Profit Falls 23% To RON282M In First Six Months
BRD Societe-Generale (BRD.RO) on Monday reported a 23.3% drop in its first-half net profit to 282 million lei (EUR66.5 million), hurt by weak demand.
Banca Transilvania's First Half Net Profit Doubles To RON65.6M
Romanian lender Banca Transilvania (TLV.RO) Monday said its first-half net profit nearly doubled on the year to 65.6 million lei (EUR15.5 million), on lower provisioning and higher income fr...