Capital Market
OMV Lists Boycotts, Litigation, Antitrust Probe As Risks In Romania
Austrian oil and gas group OMV on Thursday listed a series of risks faced by Romanian OMV Petrom (SNP.RO), including gas station boycotts triggered by price hikes, litigation with past or cu...
OMV Petrom Risks Losing Business Unless Exploration Licenses Renewed In September
Oil and gas company OMV on Thursday said it may face adverse conditions in Romania and its sales might decrease if mineral resources regulator ANRM fails to renew OMV Petrom's (SNP.RO) explo...
Bucharest Shares End Slightly Down, SIFs Buoy
The Bucharest bourse closed Thursday slightly down, on higher traded values, while the five regional investment funds offset a decline larger than 2% of Fondul Proprietatea (FP.RO) shares to...
Leu Ends Higher Vs Euro In Quiet Market
Romania’s leu edged higher against the euro in late trade Thursday and closed stronger on the day at 4.1125/4.114 units, amid a quiet market.
Fondul Proprietatea Looking To Buy More Shares In Alro SPO
Romanian investment fund Fondul Proprietatea (FP.RO) is looking to buy shares in aluminum smelter Alro (ALR.RO) in a planned secondary public offering in Bucharest, but is waiting for more d...
Treasury Attracts RON500M In 5-Yr Bonds, At 7.34% Yield
Romania’s Finance Ministry on Thursday sold a planned 500 million lei (EUR121.2 million) in five-year treasury bonds at an average yield of 7.34% a year.
NEPI Admitted To Trade On Bucharest Stock Exchange
Romanian securities regulator CNVM on Wednesday approved the prospectus for the admission to trading of South African property investment fund New Europe Property Investments, or NEPI.
Romania To Sell 15% Stakes In Nuclearelectrica, Hidroelectrica In 2012
Romania's Economy Ministry plans to sell stakes of 15% in state-owned energy producers Nuclearelectrica and Hidroelectrica in 2012, a ministry official said Thursday.
Leu Loses Early Gains Vs Euro, Exchange Rate At 4.1254
Romania’s leu lost early gains versus the euro in mid trade Thursday and the central bank’s reference weakened to 4.1254 units, from 4.1184 units a day earlier.