Capital Market
Ropharma Expects RON14.3M Pretax Profit In 2011
Romanian medicine distributor Ropharma Brasov (RPH.RO) on Monday said it expects a gross profit of 14.3 million lei (EUR3.5 million) this year, compared to RON13.3 million in 2010.
SIF Transilvania Posts RON23.8M Net Profit In 1Q
Romanian regional investment fund SIF Transilvania (SIF3.RO) Monday reported a net profit of 23.78 million lei (EUR5.82 million) for the first quarter, compared to a loss of RON3.56 million...
Leu Exchange Rate Weakens At 4.086 Vs Euro
Romania’s leu extended early losses against the euro in mid-trade Monday and the central bank’s reference weakened 0.3% to 4.086 units, from 4.0744 units in the previous session.
Romanian Petrolexportimport Expects RON0.5M Loss In 2011
Romanian fuel distributor Petrolexportimport Bucharest (PEI.RO) on Monday said it expects to narrow its net loss to 520,000 lei (some EUR128,000) this year, from RON1.5 million in 2010.
Teraplast Expects Net Profit To Rise At RON15.4M In 2011
Romanian plastic systems maker Teraplast (TRP.RO) expects a net profit of 15.4 million lei (EUR3.8 million) this year, up from RON6.4 million in 2010, following a 15% rise in revenue, the co...
Oil Terminal Cuts Working Hours To Slash Costs
Romanian cargo handler Oil Terminal Constanta (OIL.RO) Monday said it will cut working hours to four days per week, implicitly reducing pay, to meet the estimated costs for the first half of...
Leu Opens Weaker On Commercial Demand For Euro
The Romanian leu weakened against the euro in early trade Monday, on higher commercial demand for hard currency in the market, but volumes were low.
Bucharest Shares Open Down, SIFs Lose Sheen
The Bucharest bourse opened down Monday, with the bulk of activity targeting investment fund Fondul Proprietatea (FP.RO) and state-owned gas transporter Transgaz (TGN.RO).
Romanian OMV Petrom Sold Green Certificates For EUR37M In 2010
Romanian leading oil company OMV Petrom (SNP.RO) sold 57% of the green certificates it received last year, at an estimated price of EUR37 million.