Capital Market
COMCM Constanta Expects RON2.1M Net Profit In 2011
Romanian construction materials maker COMCM Constanta (CMCM.RO) Wednesday said it expects a net profit of 2.1 million lei (some EUR0.5 million) this year, from a loss of RON3.2 million in 20...
Bucharest Shares Close Up, Despite Shaky Start
Bucharest-traded shares closed Wednesday on an upward path, despite an oscillating start to the session, in a mostly quiet session as almost 30 issuers were suspended for shareholder meeting...
Albalact 2010 Sales Rise 14.6% On Year, To RON261.2M
Romanian dairy maker Albalact Alba Iulia (ALBZ.RO) posted sales of 261.2 million lei (EUR64 million) last year, up 15.6% from RON225.9 million in 2009, the company said in a news release Wed...
Romania To Sell 3-Year Foreign Currency Bonds Next Week - Sources
Romania’s Finance Ministry plans to issue a three-year foreign currency bond issue on the local market next week, the sixth such debt sale in the last two years, people familiar with the mat...
Uztel Expects Swing To RON7.2M Profit In 2011
Romanian machinery maker Uztel Ploiesti (UZT.RO) expects to switch to a net profit of 7.2 million lei (EUR1.77 million) this year, after a loss of RON17.6 million in 2010.
Proprietatea Fund Holders Approve Proposal To Double Dividend
Shareholders of investment fund Fondul Proprietatea (FP.RO) Wednesday approved the Finance Ministry's request to raise at 0.03141 lei (EUR0.0077) per share the dividend due for last year's p...
Remarul 16 Februarie Mulls Selling Up To 35% Of Assets
Romanian rolling stock maker Remarul 16 Februarie Cluj-Napoca (REFE.RO) plans to sell up to 35% of its assets this year, including train cars and locomotives.
SIF Banat-Crisana Puts Off Shareholder Meeting For One Day
Investment fund SIF Banat-Crisana (SIF1.RO) on Wednesday postponed its shareholder meeting for one day, for lack of quorum.
Leu Falls Slightly Vs Euro, Exchange Rate At 4.0767
Romania’s leu edged lower against the euro in mid trade Wednesday and the central bank’s reference weakened slightly to 4.0767 units, from 4.0735 units a day earlier.