Capital Market
Santierul Naval Orsova 1Q Sales Down 15.4%, To RON13.16M
Shipyard Santierul Naval Orsova (SNO.RO) posted sales of 13.16 million lei (EUR3.26 million) in the first quarter of the year, down 15.4% from RON15.56 million in the same interval of 2010,...
Unirea Shopping Centers Evaluated At RON432M In '10
Unirea Shopping Center (SCDM.RO) evaluated its two shopping centers, in Bucharest and Brasov, at 432.2 million lei (EUR101 million) end-2010, down from RON479 million at the end of 2009.
Compa Sibiu Net Profit Quadruples To RON8.8M In First Quarter
Romanian car parts maker Compa Sibiu (CMP.RO) Monday reported a net profit of 8.8 million lei (EUR2.14 million) for the first quarter, four times higher than RON1.84 million in the same inte...
SIF Transilvania Renews Chief’s Mandate Until 2015
Regional investment fund SIF Transilvania (SIF3.RO) Monday extended by four years, until 2015, the mandate held by managing board president Mihai Fercala as general manager.
Armax Gaz 1Q Pretax Profit Falls To RON1.5M
Romanian oil and gas equipment maker Armax Gaz Medias (ARAX.RO) Monday reported a pretax profit of 1.5 million lei (EUR366,000) in January to March, 38.6% less than RON2.5 million in the sam...
Leu Ends Stronger Vs Euro, In Line With Region
The Romanian leu closed Monday stronger against the euro, following the regional trend, in a quiet market, not influenced by comments of the International Monetary Fund at the end of the rev...
Transelectrica 1Q Net Profit Triples To RON161M
Romanian state-owned power grid operator Transelectrica (TEL.RO) Monday reported a net profit of 160.8 million lei (EUR39 million) for the first quarter of the year, more than triple the res...
Bucharest Shares Close Slightly Down, Traded Values Stay Low
The Bucharest bourse closed Monday with a small decrease, while activity in the market continued to stay low, as investors are waiting for the ex-dividend dates to pass, brokers say.
Romania Sells RON1B 1-Year T-Bills At 6.89% Average Yield
Romania’s Finance Ministry on Monday sold a planned 1 billion lei (EUR243 million) in one-year treasury bills, at an average yield of 6.89% a year, slightly higher than at the previous aucti...