Capital Market
Catalin Chelu Buys Another 8.27% In Edible Oil Maker Argus
Romanian businessman Catalin Chelu on Friday bought additional 8.27% in edible oil maker Argus Constanta (UARG.RO), for a total 8.8 million lei (EUR2 million) and reported Monday his holding...
Leu Weakens Vs Euro, Peers See Sharper Decline
The Romanian leu opened Monday slightly weaker against the euro, but its decline was reduced compared to that of other currencies in the region, following the stress testing of banks.
Bucharest Shares Open Slightly Down, In Quiet Market
The Bucharest bourse opened slightly down Monday, while investors showed reduced appetite and focused mainly on Fondul Proprietatea (FP.RO) and OMV Petrom (SNP.RO).
Renaissance Head: We Can Consider Petrom Offering Successful If It Makes Front Page News In FT
Stephen Jennings, who runs Renaissance Capital, Russia’s largest investment bank and the lead manager of the OMV Petrom (SNP.RO) offering, Saturday said that for him the success of the deal...
SIF Transilvania's Profit Surges In 1H, Other SIFs Report Lower Results
SIF Transilvania (SIF3.RO) ended the first half of this year with a profit of almost 90 million lei (EUR21 million), four times higher than in the same period a year ago, while the profits o...
Fondul Proprietatea Posts RON543M Net Profit In 1H
Investment fund Fondul Proprietatea (FP.RO) posted a net profit of 543.1 million lei (EUR) in the first half of the year, compared to RON217.5 million, the bulk of earnings coming from divid...
Bucharest Blue-Chips Rally In Late Trade, BET Ends In Green
Bucharest-traded shares closed Friday in the green, after staying in red for most of the session, on a late rally of several blue-chips.
Leu Firms Vs Euro In Quiet Market
Romania’s leu strengthened against the euro Friday, tracking the currencies in the region, and closed 0.16% higher on the day amid low volumes.
Leu Recoups Losses Vs Euro, Exchange Rate At 4.2717
The leu recovered early losses versus the euro by mid-trade Friday and the central bank’s reference strengthened to 4.2717 units, from 4.2778 units a day earlier.