Capital Market
Remar Pascani 1Q Net Profit Slumps To RON148,500
Romanian rolling stock repair company Remar Pascani (RMAR.RO) Friday reported a net profit of 148,500 lei (EUR36,036) in the first quarter, substantially lower from RON6.3 million in the sam...
Erste Lists 4 Knock-out Certificates In Bucharest Monday
Erste Group Bank AG (EBS.RO) will list four knock-out (turbo) certificates on the Bucharest stock exchange May 9, the Bucharest market operator said in a statement Friday.
Proprietatea Fund Ups Stake In Azomures To 10.2%
Romanian investment fund Fondul Proprietatea (FP.RO) Friday said it has increased its stake in chemical fertilizer company Azomures (AZO.RO) to 10.23% from 7.69%, following several deals on...
Bucharest Shares Back In Green Territory At Closing Bell
The Bucharest bourse closed up Friday, recovering the losses in the first part of the session by closing time, with investors mostly focusing of financial stocks.
Zentiva Bucuresti Eyes Higher Exports In Four-Year Plan
Romanian drug maker Zentiva (SCD.RO), part of Sanofi-Aventis, plans to increase exports 7.5 times by 2015, while production should increase by 30% in the same interval.
Leu Recoups Vs Euro Amid Positive Sentiment
Romania’s leu recovered earlier losses against the euro in late trade Friday, amid a positive sentiment in the region, and closed nearly flat at 4.113/4.1155 units, from 4.1115/4.1135 units...
Leu’s Exchange Rate Hits 1-Month Low At 4.1208 Vs Euro
Romania’s leu traded near 4.12 per euro in mid session Friday and the central bank’s reference weakened nearly 0.4% on the day at 4.1208 units, the lowest level in one month.
SIF Banat-Crisana 1Q Net Profit Down To RON0.3M
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Friday reported a first-quarter net profit of 302,000 lei (some EUR74,000), much less than RON4.6 million in the same interval o...
Oltchim Returns to Pre-crisis Turnover
Chemical plant Oltchim Ramnicu-Valcea (OLT.RO), run for over 20 years by Constantin Roibu, has in the first quarter of this year reached turnover of 464.7 million lei (EUR110 million), 93% m...