26 January 2011

The hike in 2010 of pump prices in Romania was groundless and did not reflect the evolution of international quotes for crude oil, exchange rates and duties and fees, while most of the local oil firms reported significant losses, and their real profits were not reflected accordingly.

25 January 2011

The first day of trading for Fondul Proprietatea shares triggered a record volume of over EUR 50 million in trading with FP shares. The maximum price per share was of RON 0.675 during the first trading day, below the nominal value of the fund's shares, which is of RON 1. The fund's shares recorded 5,638 trades on the first day, which was a record on BSE. The day also brought the highest number of pre-opening orders on a single listed share- 3,500.

25 January 2011

Romanian state-owned airline Tarom wants to break even in 2011, after its 2010 budget provided for a EUR 4.6 million, according to a draft government decision by the Ministry of Transport. In 2009, Tarom projected around a EUR 176,000 profit, but the net result was actually around a EUR 21 million loss.

26 January 2011

The hike in 2010 of pump prices in Romania was groundless and did not reflect the evolution of international quotes for crude oil, exchange rates and duties and fees, while most of the local oil firms reported significant losses, and their real profits were not reflected accordingly.

25 January 2011

The first day of trading for Fondul Proprietatea shares triggered a record volume of over EUR 50 million in trading with FP shares. The maximum price per share was of RON 0.675 during the first trading day, below the nominal value of the fund's shares, which is of RON 1. The fund's shares recorded 5,638 trades on the first day, which was a record on BSE. The day also brought the highest number of pre-opening orders on a single listed share- 3,500.

25 January 2011

Romanian state-owned airline Tarom wants to break even in 2011, after its 2010 budget provided for a EUR 4.6 million, according to a draft government decision by the Ministry of Transport. In 2009, Tarom projected around a EUR 176,000 profit, but the net result was actually around a EUR 21 million loss.

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