Capital Market
Shares Open Down, Eyes On Petrom, SIFs
Bucharest-traded shares opened Friday with a decreasing trend, with oil company OMV Petrom (SNP.RO) and investment fund SIF Moldova (SIF2.RO) gaining the focus of investment, as opposed to u...
Leu Opens Weaker Vs Euro, In Quiet Market
The leu opened Friday weaker against the euro, on low traded volumes, but started regaining ground within the first hour of trading.
Iproeb Posts RON1.6M Profit In 1Q, Up 13% On The Year
Cable maker Iproeb Bistrita (IPRU.RO) on Thursday reported a 13% increase in its first quarter profit, to 1.6 million lei (EUR378,000), from RON1.4 million in the same interval the year befo...
IAR Ghimbav Posts 38% Drop In 1Q Profit, To RON3.2M
Helicopter maintenance firm IAR Ghimbav (IARV.RO) posted a net profit of 3.2 million lei (EUR771,000) in the first quarter, down 38% from RON5.2 million in the same interval last year, accor...
Foreigners Held 31% Of Fondul Proprietatea Shares In April
Foreign investors continued buying shares in Romanian investment fund Fondul Proprietatea (FP.RO) in April, bringing the total foreign-owned stake to 31.03%, from 29.06% in the previous mont...
Aerostar 1Q Net Profit Almost Flat YY At RON2.7M
Plane maker Aerostar Bacau (ARS.RO) Thursday reported a net profit of 2.73 million lei (EUR665,000) in the first quarter, similar to RON2.71 million in the same interval of the previous year...
End-Court Rejects PCC Challenge Against EUR100M Loan At Oltchim
A southern Romanian court of appeals irrevocably rejected on May 4 a lawsuit by German PCC SE fighting the decision of Romanian state-owned chemical company Oltchim (OLT.RO) to take out a EU...
Bucharest Stocks Close Slightly Down, Traded Value Keeps Falling
Bucharest-traded shares closed Thursday slightly down from yesterday’s closing levels, as activity in the market continued to decrease, with investors mostly focusing on investment fund Fond...
Leu Weakens Vs Euro In Line With Peers
The Romanian leu edged lower against the euro in late trade Thursday, tracking the currencies in the region, and closed weaker on the day at 4.1115/4.1135 units.