Capital Market
Oltchim Needs Strong Privatization Partner - GM
Romanian chemical company Oltchim Ramnicu-Valcea (OLT.RO) should be sold to a solid company, which considers the chemical plant's strategic importance and which would act to the benefit of e...
Leu Gains 0.4% Vs Euro, Exchange Rate At 4.0885
The Romanian leu extended early gains against the euro in mid-session Tuesday, and the central bank's reference strenghtened to 4.0885 units, from 4.1039 units in the previous day.
Romania To Sell More Than 10% In Nuclearelectrica, Hidroelectrica
Romania will sell more than 10% in state-owned energy producers Nuclearelectrica and Hidroelectrica, an International Monetary Fund official told MEDIAFAX in an interview.
Vae Apcarom Net Profit Rises To RON0.97M In First Quarter
Romanian rolling stock maker Vae Apcarom Buzau (APC.RO) posted a net profit of 969,000 lei (EUR236000) in the first quarter, from RON216,000 in the same interval last year, according to fina...
Romania To Launch 1st International MTN Issue Before July
Romanian Finance Ministry will launch a first international bond issue of its EUR7 billion medium term notes (MTNs) program before July, followed by another issue in the second half of 2011,...
Leu Gains Vs Euro In Early Trade, Unfazed By Inflation Data
The Romanian leu opened flat against the euro Tuesday and further gained ground on average traded volumes, and dealers said its evolution wasn't affected by the publication of consumer price...
Bucharest Shares Slightly Down In Early Trade, SIFs Inch Up
Bucharest-listed shares were down after the first hour of Tuesday's trading session, while the investment funds were still in green territory, in a quiet market.
INS: Romania's Inflation Hits 32-Month High In April At 8.34%
Romanian consumer prices rose 0.66% in April from a month earlier, while the annual inflation accelerated to 8.34%, the highest level since July 2008, the country’s statistics institute INS...
Who Is The Best-paid Fund Manager In Romania?
A fund manager was in 2010 the best-paid employee in Bucharest, with a net income of 145,000 lei/month, reveal statistics of the biggest salary incomes in Bucharest recently released by the...