Capital Market
Two Enel Romania Units To Pay Dividend Worth A Total EUR32.5M
Two of the three electricity distributors held by Italian Enel in Romania will pay dividends worth a total EUR32.5 million, namely 60% of the net profit achieved by the companies in 2010.
Leu Rises Vs Euro, Exchange Rate At 4.1091
Romania’s leu widened early gains versus the euro in mid trade Friday and the central bank’s reference strengthened 0.4% to 4.1091 units, from 4.1254 units a day earlier.
Board President Ups Stake In VES Sishisoara To 45.13%
The managing board president of Romanian stoves and pots maker VES Sighisoara (VESY.RO), Alexandru Farcas, on Friday announced the purchase of another 13.4% in the company, through Chimsport...
Leu Opens Flat Vs Euro, In Quiet Trading
The leu opened almost flat versus the euro Friday, with minor oscillation within the first hour of trading, while other currencies in the region were stable as well.
Shares Open Up, Eyes On Alro
The Bucharest bourse opened Friday slightly in the green, while smelter Alro Slatina (ALR.RO) became the top-traded issuer early in the session after Russian Vimetco announced plans to sell...
Vimetco Aims To Raise Alro's Free-float And Attractiveness Through SPO
The Vimetco group, held by Russian businessman Vitaly Machitsky, surprised the Bucharest market with its intention to sell 21% of its shares in aluminum smelter Alro (ALR.RO) via a secondary...
Romania Joins Group That Sets New Financial Order In Europe
Adriana Tanasoiu, general manager of the Central Depository, was selected in the Securities and Markets Stakeholder workgroup, part of the European Securities and Markets Authority (ESMA), a...
Board President Buys 3.3% Stake In VES Sighisoara
The managing board president of stoves and pots maker VES Sighisoara (VESY.RO), Alexandru Farcas, bought Thursday a 3.3% stake in the company, through Chimsport Orastie, upping its stake to...
NEPI Portfolio Includes 33 Properties Worth EUR313.7M - Prospectus
South African property investment fund New Europe Property Investments (NEPI) has a portfolio which includes 33 properties worth a total EUR313.7 million, according to the company’s prospect...