Capital Market
Romanian Shares Close Down, Amid Dull Trading
The Bucharest bourse closed Monday in the red, on low traded volumes, while the bulk of activity focused on investment fund Fondul Proprietatea (FP.RO), oil company OMV Petrom (SNP.RO) and t...
Romanian Leu Ends Flat Vs Euro; Neighbors Retreat
Romania’s leu lost early gains versus the euro in late trade Monday and closed flat on the day at 4.109/4.11 units, while its peers in the region were losing up to 0.5% against the European...
Romania’s Two Bourses Should Not Merge - Sibex Future Chief
A merger between the Sibiu and Bucharest bourses would not benefit the Romanian stock market, since monopolies are not welcome in capitalism, Monday said Patrick Lyle Young, the future gener...
Romanian Leu Extends Gains Vs Euro, Exch Rate At 4.1084
Romania’s leu extended early gains versus the euro in mid trade Monday, unlike its peers in the region, and the central bank’s reference won 0.15% on the day to 4.1084 units.
CNVM Sees 2011 Revenue Up 45% On The Year, To RON60M
Romanian securities regulator CNVM expects revenue of 59.8 million lei (EUR1=RON4.1146) in 2011, up 45% on the year, on higher turnover on the capital market and estimated increase in the va...
Romania Sells RON500M 3-Year Bonds At 7.3% Average Yield
Romania’s Finance Ministry on Thursday sold a planned 500 million lei (EUR1=RON4.1089) in three-year bonds, at an average yield of 7.29%, higher than at the previous auction, central bank da...
Romanian Oil Terminal Takes RON8M Loan From Raiffeisen Bank
Romanian state-owned oil services company Oil Terminal Constanta (OIL.RO) on Tuesday took a six-year loan worth 8 million lei (EUR1=RON4.0984) from Raiffeisen Bank, to finance the constructi...
Romanian SSIF Broker To Use ’10 Profit For Reserves, Bonuses
Romanian brokerage firm SSIF Broker (BRK.RO) Monday said it will use last year’s net profit of 6.6 million lei (EUR1=RON4.0881) for investment, reserves and bonuses for staff and management.
Romania Can Afford To Wait Proper Time For MTN Launch
Romania “can afford the luxury” to wait for the proper moment to launch the first issue of its planned EUR7 billion medium term notes program, Finance Ministry state secretary Bogdan Dragoi...