Capital Market
VES 1Q Sales Improve, But Loss Widens
Romanian stoves and pots maker VES Sighisoara (VESY.RO) Monday said its sales rose 44% on the year in the first quarter, but the company's net loss widened in the analyzed period.
Argus Posts 1Q Net Profit Of RON5.7M, Up 26% On Year
Romanian edible oil producer Argus Constanta (UARG.RO) Monday reported a net profit of 5.66 million lei (EUR1.4 million) in the first quarter of 2011, up 26.3% from RON4.48 million in the sa...
Cristescus' Foraj Sonde Net Profit Slides In First Quarter
Romanian oil and gas services company Foraj Sonde Craiova (FOSB.RO) Monday posted a net profit of 371,117 lei (about EUR90,000) in January to March, down from RON974,236 in the same period a...
Bucharest Shares Close Down, VES Stock Jumps
The Bucharest bourse closed Monday in the red, as investors continued to show little interest in trading and focused mainly on investment fund Fondul Proprietatea (FP.RO) and lender Banca Tr...
Leu Ends Up Vs Euro, In Line With Region
The Romanian leu continued its upward trend in late session Monday and closed stronger against the euro, in line with the other currencies in the region.
Erste-BCR Analysis: Bucharest Bourse May Gain 15% By Yearend
The Bucharest bourse could grow by 10% to 15% this year, according to an Erste-BCR analysis, based on forecasts on private lending, the leu's exchange rates and state bond yields.
Romania Sells RON1.1B In 6-Month T-Bills; Average Yield Falls To 6.29%
Romania’s Finance Ministry on Monday sold 1.12 billion lei (EUR272.8 million) in six-month treasury bills, at an average yield of 6.29% a year, lower than at the previous auction.
SIFs' Assets Inch Up 0.5% In April, To RON7.33B
The cumulated net assets of Romania’s five regional investment funds, or SIFs, rose 0.5% in April, to 7.33 billion lei (EUR1.78 billion) from RON7.29 billion in the previous month, with SIF...
Leu In Ranges, Exchange Rate At 4.1054 Vs Euro
Romania’s leu kept its early gains against the euro in mid-trade Monday, and the central bank’s reference was little changed at 4.1054 units, from 4.106 units in the previous session.