Capital Market
Dafora May Hike Share Capital By RON5.1M, To RON102.4M
Oil drilling and construction firm Dafora Medias (DAFR.RO) could increase its share capital by 5.1 million lei (EUR1.2 million), to EUR102.4 million.
Bucharest Shares Close In Green, Trading Picks Up
The Bucharest bourse closed up Tuesday, on higher traded values, with the bulk of activity predictably focusing on the traditional liquidity driver, investment fund Fondul Proprietatea (FP.R...
Leu Closes Slightly Up Vs Euro, Attuned To Region
Romania’s leu strengthened meagerly versus the euro Tuesday, tracking the currencies in the region, and closed just shy of 4.24 units as investors still wait for a resolution regarding Greec...
Leu Gains Vs Euro, Exchange Rate At 4.241
Romania’s leu gained modestly against the euro in mid trade Tuesday and the central bank’s reference strengthened 0.5% at 4.241 units, from 4.2635 units a day earlier.
Vimetco Pulls Out Of JV With Romanian Interagro
Dutch aluminum smelter Vimetco has decided to withdraw from its joint venture with Romanian Interagro set up to support the construction of a coal fired power plant in the southern city of T...
OMV Petrom’s Unit Connects To Power Grid In Pre-run Tests
Romanian leading oil company OMV Petrom (SNP.RO) Tuesday said its cogeneration thermal plant in Brazi has successfully connected to the national power grid during a series of pre-run tests.
Leu Slightly Higher Vs Euro In Early Trade
The Romanian leu edged higher against the euro Tuesday morning, recovering part of yesterday’s losses due to concern over Greece’s debt.
Bucharest Shares Open Up 1%, Alro Leads Early Trades
The Bucharest Stock Exchange shook off recent losses and opened on a rising trend Tuesday, with aluminum producer Alro (ALR.RO) a surprising leader in morning traded values.
Mechel's Romanian Units Seek EUR100M Loan For Working Capital
Romanian steel maker Mechel Targoviste (COS.RO) proposed borrowing EUR100 million to finance working capital and potential commitments, the company said Tuesday.