Capital Market
Bucharest Shares Close Down, Despite Optimistic Start
The Bucharest bourse closed Tuesday on a declining trend, despite an optimistic start of the session, due to decreases in most of the blue-chips.
Leu Dips Vs Euro Amid Low Volumes
Romania’s leu edged lower against the euro in late trade Tuesday and closed slightly weaker on the day, amid low volumes.
Leu Stays In Ranges Vs Euro, Exchange Rate Flat At 4.1051
Romania’s leu traded in ranges against the euro in mid session Tuesday and the central bank’s reference barely changed on the day at 4.1051 units, from 4.1054 units Monday.
Leu Opens Flat, In Line With Peers
The leu opened flat against the euro Tuesday, on a quiet market, while other currencies in the region were seeing similar evolutions.
Shares Open Upwards, SIFs Lag Behind
The Bucharest bourse opened Tuesday on an upward trend, inching above par within the first hour of trading, while the five regional investment funds, or SIFs, were still in the red.
Sibex Appoints Provisional General Manager
Sibiu bourse Sibex on Monday appointed SIF Transilvania (SIF3.RO) representative Dan Simionescu as provisional president and general manager, since the Sibiu Court recently reversed a decisi...
Crinuta Dumitrean Decides Who Gets EUR640M In Proprietatea Fund Shares
The chairperson of the Property Restitution Authority (ANRP), Crinuta Dumitrean, decides who will receive the 36% of the shares of Fondul Proprietatea (FP.RO) that the Finance Ministry still...
SIF Muntenia Enters Private Hospital Market
SIF Muntenia (SIF4.RO), which manages assets worth 1.5 billion lei (almost EUR360 million) and invests in over 150 companies, has completed a EUR12 million investment in a Pitesti hospital,...
Carbochim Revenue Up 33% To RON8.4M In First Quarter
Romanian maker of abrasive products Carbochim (CBC.RO) posted revenue of 8.4 million lei (EUR2 million) in the first quarter, up 33% from RON6.3 million in the same period a year ago, the co...