Capital Market
Bucharest Stock Exchange Closes Up, SIFs Take Lead
The Bucharest bourse closed Friday in the green, after a session-long upward trend, led by the five regional investment funds, or SIFs, which gained more than 2.5% on average, while chemical...
Romania Adds US Dollar Bonds To Its EUR7B MTN Program
Romania's Finance Ministry will be able to sell US dollar-denominated bonds on international markets in four to five months, following an upgrade process of its medium-term notes (MTN) progr...
OMV Petrom Pays RON15M For Waste Removal Services
Romanian leading oil and gas company OMV Petrom (SNP.RO) will pay 14.7 million lei (EUR3.4 million) for waste removal services at eight storage facilities in the country, the company said in...
Leu Hits New Record Low Vs Swiss Franc
Romania’s leu partly recovered early losses against the euro in mid trade Friday, but the central bank’s reference weakened nearly 0.5% on the day at 4.2291 units, the lowest rate in almost...
Leu Opens Flat Vs Euro, In Line With Peers
The leu opened almost flat against the euro Friday, amid quiet trading, in line with other currencies in the region.
Shares Open Down, In Quiet Market
The Bucharest bourse opened Friday in the red, continuing the downward trend registered over the past two sessions, while the bulk of trading focused on regional investment fund SIF Oltenia...
How Local Fund Managers See The Greek Crisis
The escalation of the Greek debt crisis has chased investors away from stock markets, which have suffered major corrections in the past few days. The stock exchanges could be appeased if Eur...
MJ Maillis Proposes RON5M Capital Increase
Industrial packaging manufacturer MJ Maillis Romania (MJM.RO) Thursday proposed increasing its share capital by 5 million lei (EUR1.18 million) to RON15.4 million, mostly via debt conversion...
South African NEPI To Float In Bucharest June 20
South-African investment fund New Europe Property Investment (NEPI), owner of several real estate projects in Romania, will be floated in Bucharest on June 20, the market operator said Thurs...