24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Bucharest Stocks Close Slightly Higher In Lackluster Trade
The Bucharest market closed slightly higher amid low volumes Friday, with natural gas producer Romgaz (SNG.RO) and investment fund SIF Transilvania (SIF3.RO) leading the transfers’ chart by...
Leu Closes Slightly Up Vs Euro In Thin Trading
Romania’s leu moved in a narrow range of 4.447 to 4.455 against the euro in thin volumes Friday, amid weak appetite from investors.
Proprietatea Fund’s Future Managers Appointed For Two-Year Terms
The shareholders of Romanian investment fund Fondul Proprietatea (FP.RO) on Friday approved a request from U.S. hedging fund Elliott Associates to reduce the length of the fund manager’s man...
Davies, OMV: Romania’s Planned Tax On Special Constructions To Hinder Investments
Romania’s newly announced tax on special building structures sends a negative signal to the business community and is likely to hinder further investments, an official with Austrian oil and...
Leu’s Exchange Rate Slips To 4.4521 Vs Euro
The Romanian leu lost its slight advantage against the euro recorded in early action and the central bank set a reference rate for the local currency of 4.4521 to the euro Friday, weaker fro...
Leu Slips Vs Euro On Negative International Sentiment
Romania’s leu widened its earlier loss against the euro in late trade Thursday, mirroring the currencies in the region amid renewed fears that the US central bank might trim its bond-purchas...
Romania Posts Bumper 2013 Corn, Sunflower Harvest
Romania recorded bumper corn and sunflower crops this year thanks to favorable weather, Agriculture Minister Daniel Constantin said Thursday.
Sterling Resources To Trim Holdings Off Romania
Canadian Sterling Resources plans to reduce holdings in all of its Romanian Black Sea licenses during 2014, the company said in its quarterly financial report Thursday.
Leu’s Exchange Rate Weakens To 4.4479 Vs Euro
The Romanian leu depreciated modestly against the euro by midday Thursday and the central bank’s reference weakened to 4.4479, ending a five-day winning streak.
APIA: Car Sales Down 8.3% On Year To 55,400 Units In First 10 Months
Romanian new passenger car sales fell 8.3% on the year to 55,400 units in the January-October period, the Automotive Manufacturers and Importers Association, or APIA, said Thursday.
Ford Resumes Production At Romanian Plant After 2-Week Halt
U.S. automaker Ford Motor Co. has resumed car and engine production at its plant in Romania following a two-week suspension on the back of feeble demand, the head of Ford Romania said Thursd...
Government Finds Fix To CE Hunedoara’s Debt Problem
The Romanian government Wednesday authorized the transfer of 70.2 million lei (EUR15.7 million) in liabilities from state-run coal mining company Compania Nationala a Huilei (CNH) to energy...