Romania - Factors to watch on Nov 13
13/11/2013 06:30
BUCHAREST, Nov 13 (Reuters) - Here are news stories, press reports and events to watch which may affect Romanian financial markets on Wednesday. TRANSGAZ Romania's state-owned gas pipeline operator Transgaz ROTGN.BX posts nine-month financial results. TRANSGAZ 9-MO NET SEEN AT 163.3 MLN LEI Romania's state-owned gas pipeline operator Transgaz ROTGN.BX is expected to post a 163.3 million lei ($49.16 million) nine-month net profit, a Reuters survey showed on Tuesday. ID:nL5N0IX38A ROMANIAN ROMGAZ SHARES SURGE IN MARKET DEBUT Shares in Romanian natural gas producer Romgaz ROSNG.BX opened at 35.85 lei in their debut on the Bucharest Stock Exchange on Tuesday, almost 20 percent up from the price of an initial public offering agreed with international lenders. ID:nL5N0IX1W6 ENERGY IPOS ADD LUSTRE TO ROMANIA BOURSE, REFORM NEEDED Romania's initial public offerings of state-controlled energy majors Romgaz and Nuclearelectrica will boost liquidity on the country's stock exchange that is in dire need of reform to lure investors, its chief executive said. ID:nL5N0IX3DR COMPANY HOPES TO START DEVELOPING GOLD MINE IN ROMANIA IN 2014 Rosia Montana Gold Corporation, owned by Canada's Gabriel Resources GBU.TO , said it hopes Romania's parliament will approve general mining legislation fast, which would enable it to build Europe's biggest open cast gold mine in a small Carpathian town. ID"nL5N0IX0U5 TRANSELECTRICA 9-MO NET SEEN AT 108.5 MLN LEI Romania's power grid operator Transelectrica ROTEL.BX is expected to record a net profit of 108.5 million lei ($32.7 million) in the first nine months of the year. ID:nL5N0IX3HP ROMANIA C/A RECORDS 595 MLN EUROS DEFICIT IN JAN-SEPT Romania's current account recorded a deficit of 595 million euros ($797.75 million) in the first nine months of the year, compared with a shortfall of 4.8 billion euros in the same period a year ago, central bank data showed on Tuesday. ID:nR5N0EP00D CEE MARKETS The forint eased on Tuesday as Hungary's inflation fell to near 40-year lows, strengthening expectations that its central bank will cut interest rates even more, while other central European markets consolidated after falls. ID:nL5N0IX4AD EU BANKS OUTSIDE EURO ZONE LIKELY TO OVERCOME STRESS TEST DIVIDE EU nations that lie outside the euro zone plan largely to fall in behind the European Central Bank when they check the health of their banks, helping them to avoid a "two tier" outcome in stress tests next year. ID:nL5N0IX3XG FACTBOX-Non-euro zone bank stress tests preparations by country ID:nL5N0IW3QY For a schedule of forthcoming Romanian events, double click RO/DIARY , and a calendar of east European economic indicators, see CONV/DIARY . For other related news, double click on: --------------------------------------------------------------- Romania Market Debt RO-DBT Romanian forex RO-FRX Romania Market Report ROL/ Romanian money RO-M Emerging Market Debt EMRG/DBT Emerging forex EMRG/FRX All Emerging Markets news EMRG CEE indicators CONV/DIARY All East Europe News EEU E.Europe equities .CEE TOP NEWS -- Emerging markets TOP/EMRG TOP NEWS -- Convergence watch TOP/EAST Romanian indicators RO/ECI Main page of Reuters poll RO/POLL1 -------------------------------------------------------------- ((radu.marinas@thomsonreuters.com+4021 305 5263)(Reuters)(Messaging: radu.marinas.thomsonreuters.com@reuters.net))