TRADING
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Bucharest Stock Exchange OKs After-Hour Trading For Romgaz IPO
The Bucharest Stock Exchange extended trading hours for an initial public offering for 15% in state-run natural gas producer Romgaz at the request of lender Banca Comerciala Romana (BCR), pa...
Romanian Trading Companies Must Comply With New EU Customs Norms Starting Nov 1
Romanian companies involved in international trade must comply with the new Community customs norms to take effect on November 1, KPMG said in a press release Thursday.
Rottco Consult Made EUR150M From Gasoline, Diesel Oil Trading In 2012
Paul Pop, former commercial manager at Rompetrol Downstream, sold EUR150 million worth of gasoline and diesel oil last year through his company Rottco Consult, an independent distributor oil...
Oil Trading Giant Vitol To Trade Power in Romania
Vitol Group, one of the world’s largest energy and commodity trading companies, with turnover exceeding $300 billion in 2012, will enter the Romanian energy market after it has got the nod f...
Heads Of Three Multinational Cereal Traders Step Down
Cezar Gheorghe, the CEO of Ameropa Grains (with EUR198 million sales last year), Victor Beznea, head of Nidera Romania (estimated turnover of EUR85 million last year) and Tsvetan Iliev, gene...
Argus To Resume Trading In Bucharest After Almost Two Years
Romania’s Financial Supervisory Authority (ASF) on Tuesday decided that trading in the shares of edible oil producer Argus Constanta (UARG.RO) will be resumed on the Bucharest Stock Exchange...
KazMunayGas Centralizes Trading Operations
Kazakh state-run oil company KazMunayGas will integrate this year all its crude oil marketing operations into Vector Energy, the trading division of its Romanian unit the Rompetrol Group.
Bucharest Bourse Relies On Bond Issues In 2013, For Lack Of Stock Trading
Bond issues listed on the Bucharest Stock Exchange (BVB) might become a financing source for local companies, as they rejoice the support of both investment funds and pension funds.
Oltchim Trades Up 5% After EU Clears State Aid
The shares of Oltchim (OLT.RO) were up 4.9% in late trade Friday in Bucharest, after being suspended for six hours pending an announcement regarding the clearance of a state aid for the trou...