Capital Market
Leu Reverses Early Gains, Ends Flat Vs Euro
Romania’s leu lost early gains versus the euro in late trade Friday and closed flat on the day, amid a negative sentiment in the region.
UAMT Oradea 1Q Net Profit Decuples To RON0.15M
Romanian car parts maker UAMT Oradea (UAM.RO) on Friday reported a net profit of 154,656 lei (EUR38,000) in the first quarter of the year, more than 10 times higher than RON13,440 in the sam...
Contor Group Swings To RON1.6M Loss In First Quarter
Romanian measuring device maker Contor Group (CGC.RO), which went bankrupt early-May, posted a net loss of 1.6 million lei (EUR390,000) in the first quarter, compared to a net profit of RON7...
Carlson Ventures International Ups Stake In Oltchim To 13.9%
British investment firm Carlson Ventures International Ltd. on Thursday bought a 1.66% stake in Romanian chemical company Oltchim (OLT.RO) through a Cyprus-registered firm, raising its stake...
Drug Wholesaler Ropharma 1Q Net Profit Inches Down To RON6.07M
Romanian medicine wholesaler Ropharma Brasov (RPH.RP) posted a net profit of 6.07 million lei (EUR1.48 million) in the first quarter, close to RON6.09 million in the same interval of the pre...
Leu Exchange Rate Weakens To 4.106 Vs Euro
Romania’s leu continued to advance against the euro in mid session Friday, but the central bank’s reference weakened slightly to 4.106 units, from 4.0997 units a day earlier.
Eco-Products Maker Comelf Bistrita 1Q Net Profit Rises To RON0.7M
Romanian Comelf Bistrita (CMF.RO), maker of industrial and eco-protection machinery. Friday reported a net profit of 711,000 lei (EUR168,000) in the first quarter, well above RON57,000 in th...
Constructor Concefa Sibiu Quarterly Profit Triples On Year, To RON0.15M
Constructions company Concefa Sibiu (COFI.RO) Friday said its net profit tripled to 151,000 lei (EUR36,831) in the first quarter, on higher financial income.
Prodplast's Loss Widens To RON0.5M In 1Q
Plastics producer Prodplast (PPL.RO) Friday said its loss widened to nearly half a million lei (EUR120,000) in the first quarter, as expenditure grew faster than revenues.