Capital Market
Romanian Oltchim's Debt To Become Stock, Not History - CEO
Romania will not erase the debts owed by chemical company Oltchim (OLT.RO), but it considers turning the debt into stock, in view of privatizing the company, Oltchim general manager Constant...
Leu Opens Weak Vs Euro, Recovers Early
The Romanian leu opened Monday inches weaker against the euro, but regained its pace early in the session, in line with other currencies in the region.
Shares Open Down, Amid Low Investor Interest
The Bucharest bourse opened Monday on a downward trend, while investors showed little interest early in the session, focusing mainly on investment fund Fondul Proprietatea (FP.RO).
New Teraplast Boss' Target Is To Improve Profitability
Emanoil Viciu, former president of Teraplast Bistrita (TRP.RO) and one of the main shareholders of the PVC profiles and pipes manufacturer, says the recent changes in the company's managemen...
Laminorul Braila Posts RON29.73M In First-Quarter Net Profit
Romanian metal alloy producer Laminorul Braila (LMRU.RO) Friday reported a net profit of 29.73 million lei (EUR7.24 million) in the first quarter, compared to a loss of RON6.03 million in th...
SSIF Broker 1Q Net Profit Up 90% To RON2.2M
Romanian brokerage firm SSIF Broker Cluj-Napoca (BRK.RO) Friday reported a net profit of 2.2 million lei (EUR536,000) for the first quarter, up 90% from RON1.2 million in the similar period...
Prospectiuni Posts Net Profit Of RON12.8M In First Quarter
Prospectiuni Bucuresti (PRSN.RO), provider of geological surveys for the gas industry, Friday reported a net profit of 12.8 million for January-March 2011, compared to RON0.95 million in the...
Brick Maker Cemacon's Net Profit Jumps To RON5.1M In 1Q
Romanian brick maker Cemacon Zalau (CEON.RO) on Friday reported a net profit of 5.1 million lei (EUR1.2 million) in the first three months, significantly more than RON20,800 in the same inte...
Mechel Targoviste 1Q Loss Narrows To RON12.6M
Romanian steel producer Mechel Targoviste (COS.RO) Friday reported a first-quarter loss of 12.6 million lei (EUR3 million), lower than RON28.7 million in the year-earlier period.