Proprietatea Fund To Decide On Warsaw Listing June 27
05.16.2012
Romanian investment fund Fondul Proprietatea (FP.RO) Wednesday called a shareholder meeting for June 27 to decide whether to list its shares on the Warsaw Stock Exchange.
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Fitch Ups Outlook On Rompetrol's 'B+' Rating To Stable today, 18:51
Fitch Ratings on Friday revised the outlook on Netherlands-based The Rompetrol Group N.V. (TRG) to stable from negative while affirming its... more
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Bucharest Stocks Close Down On International Worries
today, 17:20
Bucharest shares closed down Friday after a short-lived reprieve a day earlier, amid a negative sentiment in the region following speculations of a... more
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Leu Ends Flat Vs Euro On Low Volumes
today, 16:59
Romania’s leu traded around 4.44 per euro in late session Friday and closed flat on the day, amid low volumes. more
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Leu Gains Vs Euro, Exchange Rate At 4.4421 today, 13:23
Romania’s leu strengthened below 4.45 per euro around noon Friday and the central bank’s reference gained modestly to 4.4421 units, from 4.4435... more
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Bucharest Stocks Open Lower On Negative International Sentiment
today, 10:58
Bucharest shares opened lower Friday morning, reversing yesterday’s gains amid a negative sentiment in international markets. more
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Leu Down Vs Euro In Early Trade today, 10:35
Romania’s leu retreated against the euro in early action Friday, tracking the currencies in the region, amid low volumes. more
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Bucharest Stocks Stay Afloat, After Six Consecutive Days In The Red
yesterday, 17:22
The Bucharest stock exchange managed to end in positive territory Thursday, after falling for six days in a row, but the traded values were... more
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Leu Dips Vs Euro On Low Volumes
yesterday, 17:11
Romania’s leu weakened slightly against the euro amid low volumes Thursday and closed at 4.444/4.446 units, from 4.4385/4.44 units a day earlier. more
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Romania Sells RON699M 5-Year Bonds At 6.15% Average Yield
yesterday, 15:38
Romania’s Finance Ministry on Thursday sold 698.5 million lei (EUR157 million) in five years bonds, slightly above the planned amount, at an... more
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Nuclearelectrica Cancels Auction To Select Broker For Upcoming IPO yesterday, 13:37
Romanian state-owned energy producer Nuclearelectrica Thursday cancelled an auction to select a broker for its planned 10% initial public offering... more
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Leu Exchange Rate Firms Slightly To 4.4435 Vs Euro yesterday, 13:34
Romania’s leu lost its earlier gains versus the euro by midday Thursday, but the central bank’s reference strengthened modestly to 4.4435... more
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ING: Romanian Leu To Trade At 4.5 Vs Euro In 2H yesterday, 12:55
Romania’s leu will likely weaken to 4.5 against the euro in the second half of the year, according to estimations from ING Bank, which sees the... more
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Bucharest Stocks Up In Early Trade, SIFs Recover
yesterday, 10:54
The Bucharest-listed shares inched up in first minutes of Thursday's trading session, and the regional investment funds (SIFs) recovered after the... more
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Leu Opens Up Vs Euro On Low Volumes
yesterday, 10:54
The Romanian leu strengthened against the euro in early trade Thursday, after several sessions in which it lost significant ground and the central... more
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What Is The Salary Package Of The Only Romanian CEO Of A Multinational Group? yesterday, 00:00
Gheorghe Dobra, the chief executive of aluminum smelter Alro Slatina (ALR.RO) will remain CEO of Alro's parent group Vimetco for one more year,... more
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Bucharest Stocks Close Down; SIF Transilvania, SIF Banat-Crisana Fall On Ex-Date
05.16.2012
Bucharest shares closed lower for the sixth straight day Wednesday, with regional investment funds SIF Transilvania (SIF3.RO) and SIF Banat-Crisana... more
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Leu Recoups Vs Euro, In Line With Region
05.16.2012
Romania’s leu recovered earlier losses against the euro in late trade Wednesday, tracking the currencies in the region, and closed modestly... more
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Leu Exchange Rate Hits New Low Of 4.4463 Vs Euro 05.16.2012
The Romanian central bank was in the market to prevent a too steep depreciation of the leu, but the reference rate weakened for the fourth day in a... more
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Leu Falls To 4.45 Vs Euro, Central Bank Steps In 05.16.2012
The Romanian leu fell against the euro in early trade Wednesday as negative sentiments persisted on international markets, and the central bank... more
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Bucharest Stocks Open Down, SIFs Tumble 05.16.2012
The Bucharest bourse extended losses in early trade Wednesday, with SIF Transilvania (SIF3.RO) and SIF Banat-Crisana (SIF1.RO) spearheading the... more
Romanian carmaker Dacia said Thursday it will launch two new car models, five-seat car Dokker and commercial vehicle Dokker VAN, in the
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Agricultural seeds producer KWS, a company with EUR0.9 billion in revenues from worldwide operations, has already run out of the corn
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Bunge, one of the largest vegetable oil producers in Romania, got the Competition Council’s approval to take over the oil plant in
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The Muntmarks were among the first people to set their eyes on the wind power three years before Romania became a EU member and now one
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Romania fell one notch to fourth place in a ranking of the most attractive destinations for private equity funds in Central and Eastern
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Despite the freeze caused by the heavy snowfall and the govenrment change, the economy remained constant in the first quarter compared
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Businessman Dan Sucu, who controls the Mobexpert business, worth around EUR113 million last year, says he was surprised by the good
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Vouchers for the clunkers scheme are traded on the market at prices ranging between RON2,600 and RON3,000, three times more than in
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Spanish developer Heliotech and its Romanian partner Solar Systems will develop a solar power project worth over EUR55 million in
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Ford Europe completed the EUR675 million investments in the plant in Craiova six months ahead of schedule and began production of the
moreInterview
ArcelorMittal Galati CEO: Productivity Must Increase, The Good Old Days Won't Return
Limits are only in our minds, and if the bad news is that it is tough out there right now and the good old days will not be back, there is also good news. This is but part of the philosophy of Bruno Ribo, the new chief executive of the ArcelorMittal steel plant in Galati, Romania.
