Capital Market
Senator Verestoy Sells EUR4M Worth Of Fondul Proprietatea Shares
Attila Verestoy, UDMR (Democratic Alliance of Hungarians in Romania) senator, one of the richest members of the Romanian Parliament, has sold almost two thirds of the shares he bought last y...
NEPI Fund Floats In Bucharest, But Still Raises Investment Money From Home
South-African real estate investment fund New Europe Property Investments (NEP.RO) made its debut on the Bucharest Stock Exchange with transactions worth just 2,600 lei (around EUR600). On t...
PCC, Carlson Ventures Partner Up For Oltchim’s Privatization
German PCC SE has teamed up with UK-headquartered investment fund Carlson Ventures to acquire majority control of state-run chemical company Oltchim Ramnicu Valcea (OLT.RO), slated for priva...
Leu Continues Slide With 0.7% Fall Vs Euro On Negative Sentiment
Romania’s leu weakened against the euro Monday, amid a negative sentiment in the region, after European officials failed to agree on immediate financial aid to Greece.
Bucharest Stock Exchange Closes Down, On Reduced Traded Values
The Bucharest bourse closed in the red Monday, on lackluster trading, with more than half of activity coming from transactions in investment fund Fondul Proprietatea (FP.RO).
IMF Board To Review Romania EUR3.5B Loan Agreement June 24
The International Monetary Fund’s Executive Board will convene on June 24 to review Romania’s progress under a EUR3.5 billion precautionary loan agreement, according to the board’s agenda, p...
X-Trade Brokers: Leu To Weaken Further If Greek Uncertainties Persist
Prolong uncertainties in Greece could push the Romanian leu lower versus both the euro and the Swiss franc, deemed a safe haven by investors in troubled times, brokerage house X-Trade Broker...
Romania Sells RON1.4B 1-Year T-Bills At 6.65% Average Yield
Romania’s Finance Ministry on Monday sold a planned 1.4 billion lei (EUR328 million) in one-year treasury bills, at an average yield of 6.65% a year, a touch higher than at the previous auct...
Leu Falls Further Vs Euro, Exchange Rate At 4.2635
Romania’s leu retreated against the euro by mid trade Monday, tracking the currencies in the region, and the central bank’s reference weakened 0.8% on the day to 4.2635 units, the lowest rat...