24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania Sells RON500M 6-Month Bills; Yield At All-Time Low
Romania’s Finance Ministry on Monday sold a planned 500 million lei (EUR112.4 million) of six-month treasury bills, with the average yield falling to an all-time low of 2.92%.
Leu In Ranges Vs Euro, Exchange Rate At 4.4478
The Romanian leu moved in a tight range against the euro by midday Monday and the central bank’s reference strengthened modestly to 4.4478 units, from 4.4514 units in the previous session.
Proprietatea Fund’s Share Buyback 2.5 Times Oversubscribed
Romanian investment fund Fondul Proprietatea’s (FP.RO) offer to repurchase 4.35% of its own shares was oversubscribed two and a half times as of Friday, just four days into the offer.
Leu’s Exchange Rate Falls Marginally To 4.4514 Vs Euro
The Romanian leu traded near 4.45 to the euro on low volumes by midday Friday and the central bank’s reference weakened marginally to 4.4514 units, from 4.4511 units a day earlier.
Moody’s: Romania Economic Growth Likely To Remain Subdued In Coming Year
Economic recovery in Romania will likely remain subdued in the next year due to the country’s significant exposure to European markets, according to Moody’s Ratings, which sees the local gro...
Romania Sets Romgaz IPO Price Range At RON24-RON32 A Share
Romania's government could raise as much as 1.85 billion lei (EUR415.6 million) in an initial public offering of 15% in state-run natural gas producer Romgaz, according to a pricing range it...
Proprietatea Fund Extends Share Buyback Program To November 14
Romanian investment fund Fondul Proprietatea’s (FP.RO) has extended by one week until November 14 the subscription period of its share buyback offer for a 4.35% stake, the fund’s administrat...
Leu In Ranges Vs Euro In Morning Trade
Romania’s leu moved in narrow ranges against the euro Friday morning, trading near 4.45 units amid low volumes.
OMV: Petrom 3Q Gas Sales Up 22% On Year
Romanian leading oil company OMV Petrom (SNP.RO) reported a 22% annual increase in gas sales volumes to 11.24 terawatts per hour in the third quarter of 2013, but the margin level declined f...
Leu Inches Lower Vs Euro In Quiet Session
Romania’s leu retreated slightly against the euro in thin volumes Thursday and finished the session just above 4.45 to the euro, amid a quiet market.
Iaciu Buys Just 0.6% In Impact Via Takeover Bid
Romanian entrepreneur Gheorghe Iaciu has purchased just 0.61% in realtor Impact Developer&Contractor (IMP.RO) via a takeover bid that targeted 62% of the company’s shares, exchange data show...
Chevron Suspends Shale Gas Activity In Romania Due To Protests
US energy giant Chevron has delayed plans to drill for shale gas at its field in Silistea locality, in the eastern county of Vaslui, in response to protests against fracking, a controversial...