Capital Market
Shares Up In Early Trade, BET-FI Remains In Red Territory
Shares traded on the Bucharest bourse opened Tuesday with a slight increase, while BET-FI, the index tracking the regional investment funds SIFs, was held back by the decline of investment f...
Leu Opens Stronger Vs Euro, On Positive Sentiment
The Romanian leu opened stronger against the euro Tuesday, on a positive sentiment in the region following an improved outlook for industry and services in the euro zone.
Romanian Alumil Sees More Than Double Profit In 2011
Alumil Rom Industry (ALU.RO), the Romanian unit of Greek aluminum processing group Alumil Mylonas, estimates a net profit of 3.48 million lei (EUR1=RON4.0869) for 2011, more than double on t...
Iproeb Inks EUR9M Supply Deal With Enel Distributie
Romanian cable maker Iproeb Bistrita (IPRU.RO) will supply insulated cables and electrical conductors to power distributor Enel Distributie worth around EUR9 million, the cable producer said...
Romanian Leu Loses Early Ground Vs Euro On Negative Sentiment
Romania’s leu lost part of its early gains versus the euro in late trade Monday, amid a negative sentiment in the region after Standard & Poor’s cut its long-term outlook for the United Stat...
Shares Fall Towards Closing Bell, Trading Value Declines
The Bucharest bourse closed down Monday, after staying in green for most of the session, with a sharper decline of the five regional investment funds SIFs.
Romania Leu Exch Rate Hits 13-Mo High At 4.0869 Vs Euro
Romania’s leu edged higher against the euro in mid trade Monday, pushed up by foreign currency sales, and the central bank’s reference strengthened to 4.0869 units, the highest rate since Ma...
Bucharest Bourse Lists New Bond Issue
The Bucharest bourse announced the listing on Tuesday of a first benchmark state bond issue for this year, worth of 500 million lei (EUR1=RON4.0966).
Uton Onesti Swings To RON6.7M Loss In 2010
Romanian industrial boilers producer Uton Onesti (UTN.RO) switched to a net loss of 6.69 million lei (EUR1=RON4.0966) in 2010, from a net profit of RON300,000 the year before, according to f...