Capital Market
What's In It For The Bucharest Exchange If BCR Gets Listed
The Bucharest stock exchange might lose another valuable issuer, which would have made a significant contribution to the local capital market, similar to BRD - daily traded volume of about E...
KBC Securities Retains Top Broker Place For 7th Month In Bucharest
Brokerage firm KBC Securities Romania was the most active broker on the Bucharest stock exchange for the seventh consecutive month in July, with overall deals worth 303.4 million lei (EUR71....
Belgium’s KBC Securities Becomes Remote Trader In Bucharest
Belgian brokerage house KBC Securities has received authorization to act as remote participant on the Bucharest Stock Exchange, following the firm’s decision to sell its Romanian subsidiary.
Bucharest Shares Close Down, Amid Trading Apathy
The Bucharest bourse closed Friday with a slight decline, on moderate traded values secured mostly from transactions in investment fund Fondul Proprietatea (FP.RO).
Leu Gains Modestly Vs Euro In Quiet Market
Romania’s leu edged higher against the euro Friday, amid low volumes, and closed at 4.2395/4.2405 units, from 4.247/4.25 units a day earlier.
Erste CEO: I’ll Do Everything In My Power To Avoid BCR’s Listing
Erste Group Bank AG (EBS.RO) Chief Executive Officer Andreas Treichl said Friday he would do “everything in his power” to avoid a potential listing of its Romanian unit Banca Comerciala Roma...
Leu In Ranges Vs Euro, Exchange Rate At 4.2403
The leu traded near 4.24 against the euro by mid-session Friday and the central bank’s reference firmed slightly to 4.2403 units, from 4.2445 units a day earlier.
TMK Artrom Slatina Plans To Borrow EUR60M From Unicredit, BCR
Romanian steel pipe maker TMK Artrom Slatina (ART.RO), part of Russian steel group TMK, Friday said it plans to take out loans worth a total EUR60 million from UniCredit Tiriac Bank and Banc...
Socep First Half Net Profit Jumps To RON5M
Harbor operator Socep Constanta (SOCP.RO) on Friday reported a net profit of 5 million lei (EUR1.2 million) in the first half of the year, compared to RON628,000 in January-June 2010.