Capital Market
Dafora Inks EUR23M Drilling Services Deal With OMV Petrom
Romanian oil drilling firm Dafora Medias (DAFR.RO) Tuesday announced it has signed a EUR23 million frame contract with OMV Petrom (SNP.RO), for oil and gas drilling services.
Bucharest Shares Open Down, Eyes On Financials
The Bucharest bourse opened Monday in the red, continuing the downward trend seen throughout the entire previous session, with investors focusing on the financial stocks.
Money Market Funds Fail Inflation Test
None of the eight money market funds on the Romanian market has managed to yield more than the annual inflation rate of 7.93% in the last 12 months.
Boc: Government Will Keep Majority In Strategic Companies
Romanian Prime Minister Emil Boc said Monday that he supports selling minority stakes in companies of strategic importance, such as Trangaz (TGN.RO), Romgaz and Transelectrica (TEL.RO), but...
Bucharest Shares Close Down, Proprietatea Fund In Focus
The Bucharest bourse closed Monday clearly below par, after a session-long downward trend influenced by delcines on the international markets, while the bulk of activity targeted investment...
Leu Falls Vs Euro On Negative Sentiment
Romania’s leu depreciated against the euro Monday, in line with the currencies in the region, and closed almost 0.6% weaker on the day at 4.234/4.235 units.
Romania Sells RON900M 1-Year T-Bills At 6.2% Average Yield
Romania’s Finance Ministry on Monday sold a planned 900 million lei (EUR213 million) in one-year treasury bills, at an average yield of 6.19% a year, lower than at the previous auction.
Leu Touches New Low Against Swiss Franc At 3.5472
Romania’s leu widened early losses against major currencies in mid trade Monday, amid a negative sentiment in the international markets, and the indicative versus the Swiss franc fell to 3.5...
Bucharest Shares Open Down On Reduced Interest
Bucharest-listed shares were down in early trade Monday, following the negative trend on the international markets, but the traded values were lower than the past sessions' average.