Capital Market
Leu Closes Stronger Vs Euro In Quiet Market
The Romanian leu closed Friday stronger against the euro, after a lackluster session marked by low volumes and insignificant changes.
Bucharest Bourse Closes Slightly Up, Energy Stocks Lag
The Bucharest bourse closed Friday in the green, but BET-NG, the index tracking energy companies, closed below par, held back by Rompetrol Rafinare's (RRC.RO) almost 4% drop.
Communication Ministry, OTE To Talk Romtelecom Listing Calendar
Romanian Communications Minister Valerian Vreme will meet next week with representatives of Greek group OTE, majority shareholder of telecom operator Romtelecom, for talks on the calendar fo...
Leu Gains Vs Euro, Falls Vs Swiss Franc
The Romanian leu extended early gains in mid-trade Friday, following the regional trend, and the central bank computed a reference rate of 4.216 units, 0.3% stronger from 4.2294 units in the...
SIF Banat-Crisana, SSIF Broker Sold Their Stakes In Carbochim For RON7.6M
SIF Banat-Crisana (SIF1.RO) and SSIF Broker (BRK.RO) on Thursday sold their stakes in Romanian abrasives maker Carbochim Cluj-Napoca (CBC.RO), through five deal market transactions worth a t...
Leu Strengthens In Early Trade, On Good News From Greece
The Romanian leu opened slightly weaker against the euro Friday, but strengthened soon after on news the European leaders have pledged to save Greece from default.
Bucharest Shares Open Higher, Trading Picks Up
The Bucharest bourse opened Friday on the rise, with vivid activity in the market, while the bulk of trading was focusing on Carbochim (CBC.RO), a day after a 23% stake was traded on the dea...
Will Romanian Billionaires Invest In Petrom Public Offering?
There might be at least 100 people in Romania who have millions of euros in their accounts, which they could use to buy shares at the government's sale of 9.84% in Petrom. ZF tried to find o...
Leu Recovers Ground Lost Earlier, Closes Flat Vs Euro
The Romanian leu closed Thursday close to the levels seen at opening, recovering the ground lost mid-session, based on euro sales by foreign players.