Romanian Government To Ink Brokerage Deal For Tarom IPO
The Romanian Government reversed its decision to cancel the auction selecting a broker for the sale of a 20% stake in airline Tarom, after the rejected sole bidder updated its offer
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Romanian Leu Opens Stronger Vs Euro, On Low Volumes
The Romanian leu opened Wednesday on a strengthening trend against the euro, but traded volumes remained low.
Romanian Ave Impex To Invest EUR6M In Incubation, Feed
Romanian poultry farm Ave Impex on Wednesday said it will invest EUR6 million in an incubation station and a feed plant, which should start activity in spring next year.
Romanian Retailer Opens Former PIC Store Under Succes Brand
The PIC hypermarket in southern Romanian city Craiova was relaunched Thursday under the Succes brand, after Succes Nic rented two stores from bankrupt PIC, PIC's court-appointed administrator
Romanian Leu Stable Vs Euro, Exchange Rate At 4.3422
Romania’s leu traded in tight ranges against the euro by midday Thursday and the central bank’s reference weakened modestly to 4.3422 units, from 4.3415 units a day earlier.
Romanian Leu Up Vs Euro, Exchange Rate At 4.3415
Romania’s leu traded near 4.34 per euro by midday Wednesday and the central bank’s reference strengthened almost 0.2% to 4.3415 units, from 4.3497 units a day earlier.
Romanian Leu Moves Higher Vs Euro On Growing Volumes
Romania’s leu advanced against the euro in late trade Friday and closed slightly stronger on the day amid raising volumes.
Romanian Leu Firms Vs Euro On Higher Workers’ Remittances
The leu advanced against the euro Monday and closed over 0.5% stronger on the day at 4.312/4.3145 units, supported by rising remittances from Romanians who work abroad.
Romanian Leu Reverses Gains Vs Euro, Ends Slightly Weaker
Romania’s leu lost modestly against the euro in late trade Tuesday and closed at 4.316/4.317 units, from 4.312/4.3145 units a day earlier.