Capital Market
Bucharest Bourse Temporarily Rejects Share Capital Slash Talks
The managing board of Bucharest bourse operator BVB (BVB.RO) Monday said it has rejected several meeting agenda amendments for April 29-30, thus temporarily opposing talks on the reduction o...
Romanian Leu Opens Flat Vs Euro, In Quiet Market
The Romanian leu opened Monday near levels seen at closing in the previous session, on a quiet market, while other currencies in the region were also holding their ground versus the euro.
Romanian Shares Open Up, Eyes On Financials
Bucharest-traded shares opened Monday with an upward tendency, on moderate activity, while most investment targeted investment fund Fondul Proprietatea (FP.RO) and the bank stocks.
SIFs' Net Asset Value Up 1.4% In 1Q, To RON7.3B
The net asset value of Romania’s five regional investment funds, or SIFs, rose 1.4% in the first quarter of 2011, to 7.291 billion lei (EUR1=RON4.0966), held back by the 0.5% decline in asse...
Romania Proprietatea Fund’s Net Assets Rise To RON16.45B In March
Romanian investment fund Fondul Proprietatea (FP.RO) on Friday reported a 2.14% increase in its net assets to 16.455 billion lei (EUR1=RON4.0966) in March, from RON16.1 billion a month earli...
Oltchim Expects Swing To RON2.1M Profit In ‘11
Romanian state-owned chemical company Oltchim Ramnicu-Valcea (OLT.RO) on Friday said it expects a switch to a profit of 2.1 million lei (EUR1=RON4.0966) this year, after four years of loss,...
Romanian Leu Holds Ground Throughout Session, Closes Stronger Vs Euro
The Romanian leu maintained the ground gained earlier versus the euro, closing stronger on the day, while other currencies in the region lost previous gains and were weaker in late session.
Romanian Shares Close Down, SIFs Stay In The Green
The Bucharest bourse closed Friday below par, on lowered trading values, while four of the five regional investment funds, or SIFs, managed to stay in the green.
Court Allows Rompetrol Rafinare Delisting, Appeal Pending
The Bucharest Court of Appeals decided securities regulator CNVM should pay The Rompetrol Group 1 million lei (EUR1=RON4.0966) in moral damages after the blocked delisting of Rompetrol Rafin...