24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Elliot Associates Sells 1% In Romanian Proprietatea Fund For RON139M
U.S. hedging fund Elliot Associates sold 1% of its holding in Romanian investment fund Fondul Proprietatea (FP.RO) via a buyback program the local fund has launched in Bucharest.
Romania Sells RON700M 7-Year Bonds At 5.04% Average Yield
Romania’s Finance Ministry Monday raised a planned 700 million lei (EUR157.4 million) in a reopening of its seven-year bond due April 2020, at an average annual yield of 5.04%, marginally lo...
Romania Must Rely On Foreign Investment To Speed Up Growth - Central Banker
Romania must to rely on foreign investment to speed up economic growth and narrow the gap with the EU average, as domestic investment is insufficient for a swift recovery, a central bank off...
Leu’s Exchange Rate Firms To 4.4462 Vs Euro
The Romanian leu advanced modestly against the euro by midday Monday and the central bank’s reference firmed for the third consecutive session to 4.4462 units, from 4.4619 units Friday.
Braiconf Braila 9-Month Sales Slide 3%
Romanian apparel maker Braiconf Braila (BRCR.RO) Friday reported a 3% decline in its nine-month sales to 23.2 million lei (EUR5.2 million), from RON24 million a year earlier.
Avicola Brasov 9-Month Sales Up 6.4% On Year
Romanian poultry processor Avicola Brasov (AVLE.RO) Friday said its sales rose 6.4% to 91.4 million lei (EUR20.7 million) in the first nine months, from around RON86 million in the year-earl...
Leu Ends Modestly Higher Vs Euro, In Line With Neighbors
The leu closed modestly higher against the euro after a sleepy session Friday, mirroring neighboring currencies.
Electrica 1H Net Profit More Than Doubles On The Year; Sales Plummet
Romanian state-owned electricity distribution company Electrica SA reported a net profit of 91.5 million lei (EUR20.8 million) in the first half of 2013, more than double from RON34.87 milli...
Romania Raises RON70M In Non-competitive Bond Auction
Romania’s Finance Ministry on Friday raised a planned 70 million lei (EUR15.7 million) at a supplementary non-competitive tender for its November 2028-dated bond reopened yesterday.
Leu Steady Vs Euro, Exchange Rate At 4.4502
The Romanian leu traded in a small range against the euro by midday Friday, while the central bank’s reference strengthened slightly for the second straight session to 4.4502 units, from 4.4...
SIF Transilvania Remains Most Profitable SIF After 10 Months
SIF Transilvania (SIF3.RO) maintained its position as the most profitable Romanian investment fund after the first 10 months of 2013, with a net profit of 228 million lei (EUR51.2 million),...
Boromir Prod 9-Month Sales Fall 17% To RON69M
Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO) Monday said its sales fell 17% to 69.1 million lei (EUR15.7 million) in the first nine months, from roughly RON83 million a y...