Capital Market
Leu In Ranges Vs Euro, Exchange Rate At 4.1297
Romania’s leu traded in ranges against the euro in mid session Wednesday, while the central bank’s reference weakened 0.2% to 4.1297 units, from 4.1208 units a day earlier.
Fitch Affirms Romania’s Brasov At ‘BB+’, Citing Improved Financials
Fitch Ratings Wednesday affirmed at ‘BB+’ its long-term foreign currency rating on Romanian central city of Brasov, with stable outlook, citing improved budgetary performance and restored fi...
Fitch Affirms Oradea At ‘BB+’; Outlook Stable
Fitch Ratings on Wednesday affirmed the Romanian city of Oradea's (Oradea) long-term foreign currency rating at 'BB+', long-term local currency rating at 'BBB-' and short-term foreign curren...
Bucharest Shares Open High, Oltchim Back On The Rise
The Bucharest bourse opened Wednesday with an upward trend, led by chemical company Oltchim (OLT.RO) and investment fund Fondul Proprietatea (FP.RO).
Fondul Proprietatea Buys Back 0.19% To Rein In Stock Drop
Romanian investment fund Fondul Proprietatea (FP.RO) bought back last week a 0.19% stake for 12.88 million lei (EUR3.1 million), according to a memo sent Wednesday to the Bucharest Stock Exc...
Leu Opens Flat Vs Euro, Amid Dull Trading
The Romanian leu opened almost flat against the euro Wednesday, in sync with other currencies in the region, while volumes remained low and fluctuations minor.
Romanian Shares Appear Cheap When Compared With European Ones
The shares of the leading floated Romanian companies seem to be more attractively valued than the shares of similar companies in Europe, in terms of the main stock exchange indicators, but t...
Government Loses Dominance Among Proprietatea Fund Holders
The Romanian Finance Ministry lost its dominant position among the shareholders of investment fund Fondul Proprietatea (FP.RO), after recently ceding a 10.1% stake in the fund to compensate...
Oltchim Buys More Assets In Arpechim Refinery
Chemical plant Oltchim (OLT.RO) bought from oil company OMV Petrom (SNP.RO) another set of assets at the Arpechim refinery, to be used in petrochemistry activities.