Capital Market
Leu Ends Weaker Vs Euro On Negative Sentiment
Romania’s leu retreated against the euro Thursday and closed 0.6% weaker on the day at 4.114/4.116 units, amid growing aversion to risk from investors.
Leu Widens Early Loss Vs Euro, Exchange Rate At 4.0997
Romania’s leu extended early losses against the euro in mid trade Thursday and the central bank’s reference weakened nearly 0.4% to 4.0997 units, from 4.0842 units a day earlier.
Uztel 1Q Loss Narrows To RON2.6M Vs RON3.3M
Romanian oilfield equipment manufacturer Uztel Ploiesti (UZT.RO) Thursday said its net loss narrowed to 2.6 million lei (around EUR0.5 million) in the first quarter, helped by higher revenue...
Altur Slatina 1Q Net Profit Rises 23% On Year
Romanian car parts maker Altur Slatina (ALT.RO) Thursday said its net profit rose 23% on the year to around 628,000 lei (approximately EUR154,000) in the first quarter, on higher sales.
Rompetrol Well Services 1Q Net Profit Rises 31.5% To RON3.43M
Romanian Rompetrol Well Services (PTR.RO), a unit of the Rompetrol group, Thursday posted a net profit of 3.43 million lei (EUR840,000) in the first quarter, up 31.5% on the year, according...
Bucharest Shares Open Down, Proprietatea Fund Sinks
Investment fund Fondul Proprietatea (FP.RO) drove the Bucharest stock exchange down Tuesday, in the ex-dividend date, but most of the blue-chips were falling in early session.
Banca Carpatica 1Q Net Loss Narrows To RON13.5M
Banca Comerciala Carpatica (BCC.RO) posted a net loss of 13.5 million lei (EUR3.2 million) in the first quarter, narrower than RON57.44 million in the same period of 2010, the lender said Th...
Teraplast: 1Q Net Profit Fell 57% On Higher Raw Material Costs
Romanian plastic systems maker Teraplast (TRP.RO) Thursday reported a net profit of 1 million lei (EUR245,000), down 57% from RON2.5 million in the same interval of 2010, held back by higher...
Leu Opens Weaker Vs Euro, Peers Hold Ground
The Romanian leu opened Thursday slightly weaker against the euro, in a quiet market, while other currencies in the region were holding their ground against the European coin.