Capital Market
Romanian Shares Close Down, SIFs Lead Decline
The Bucharest bourse closed Tuesday on a downward trend, with a sharper decline posted by the five regional investment funds, or SIFs, while almost half of trades targeted investment fund Fo...
Romanian Leu Ends Flat Vs Euro In Quiet Market
Romania’s leu closed flat against the euro amid a sleepy session Tuesday, unaffected by the negative sentiment in the region after Japanese nuclear regulators have raised the crisis severity...
Chimopar To Hike Share Capital By RON6.8M, To RON39.7M
Romanian chemical plant Chimopar Bucharest (CPR.RO) on Tuesday said it will increase its share capital by 6.8 million lei (EUR1=RON4.1152), to RON39.7 million, through cash contribution by m...
Romania Economy Ministry: Not A Good Time To Sell Oltchim
Romania will wait for the European Commission’s ruling on a debt conversion at chemical plant Oltchim (OLT.RO) before attempting to privatize the plant, the head of Economy Ministry’s privat...
Franklin Templeton Says Romania Could Attract EUR3.5B By Listing Nuke, Hydropower Producers
Romanian state-owned power producers Hidroelectrica and Nuclearelectrica could draw funds worth a total EUR3.5 billion when floating stock on the bourse, Monday said Greg Konieczny, manager...
Romanian Leu In Ranges Vs Euro, Exch Rate At 4.1152
Romania’s leu traded in ranges against the euro in mid session Tuesday and the central bank’s reference weakened slightly to 4.1152 units, from 4.1084 units a day earlier.
Romanian Leu Opens Weaker Vs Euro, In Line With Region
The Romanian leu opened Tuesday slightly weaker against the euro, in line with other currencies in the region, affected by negative sentiment following the new earthquakes in Japan, which re...
Romanian Shares Open Down, On Moderate Trading
The Bucharest bourse opened Tuesday in the red, on reduced trading values, while the bulk of activity focused on investment fund Fondul Proprietatea (FP.RO) and the five regional investment...
Romanian Open-End Funds Post RON578M Net Subscriptions In 1Q
Net subscriptions in Romanian open-end investment funds were at 578.4 million lei (EUR1=RON4.1084) in the first three months of 2011, almost triple from RON196.9 million in the previous quar...