24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
IMF Mission To Arrive In Romania October 22 For First Review Of New Loan
Joint teams from the International Monetary Fund and the European Commission will arrive in Bucharest on October 22 for the first review of Romania’s progress under a EUR4 billion loan progr...
Romania Sells RON1B 5-Year Bonds; Yield Hits Record Low
Romania’s Finance Ministry on Thursday raised a planned 1 billion lei (EUR224 million) in a reopening of its five-year bond due April 2015, with the average yield dropping to a record low of...
Leu’s Exchange Rate Dips To 4.4511 Vs Euro
The Romanian leu edged lower against the euro by midday Thursday and the central bank’s reference weakened slightly to 4.4511 units, from 4.4484 units a day earlier.
SABMiller Beer Sales In Romania Rise 6% In Fiscal First Half
London-headquartered brewer SABMiller Thursday said its lager volumes in Romania rose 6% on the year in the six months ended September 30, helped by higher sales of Ciucas and Ursus brands.
Leu Closes Flat Vs Euro In Thin Trading
Romania’s leu showed little movement against the euro in a quiet market Wednesday and finished the session roughly flat on the day, amid low volumes.
APIA: Passenger Car Sales Down To 43,324 Units In January-September
Romanian new passenger car sales fell 9.8% on the year to 43,324 units in the January-September period, the Automotive Manufacturers and Importers Association, or APIA, said Wednesday.
Hidroelectrica Posts Pretax Profit Of RON681M In January-September
Romania’s largest power producer Hidroelectrica Wednesday reported a pretax profit of 681 million lei (EUR153 million) in the first nine months of 2013, on total sales of RON2.28 billion.
Romania To Set Romgaz IPO Price Range Friday
Romania’s government will convene in a special meeting on October 18 to approve the final details of a planned initial public offering of 15% in state-run natural gas producer Romgaz and set...
Leu’s Exchange Rate Strengthens Slightly To 4.4484 Vs Euro
The Romanian leu moved in narrow ranges against the euro in thin volumes by midday Wednesday, while the central bank’s reference advanced modestly to 4.484 units, from 4.4503 units a day ear...
Proprietatea Fund Share Buyback Oversubscribed On Second Day
Romanian investment fund Fondul Proprietatea’s (FP.RO) offer to repurchase 4.35% of its own shares was oversubscribed on the second day of issue Wednesday.
Electroputere To Lay Off 150 Staff In Next 6 Months
Romanian power transformers producer Electroputere Craiova (EPT.RO) Tuesday announced plans to lay off 150 employees within the next six months, equal to almost 20% of its current staff.
SIF Transilvania 9-Month Profit Rises To RON213.6M
Romanian regional investment funds SIF Transilvania (SIF3.RO) Tuesday said its net profit rose 9% to 213.6 million lei (EUR48.4 million) in the first nine months, mainly fueled from sales of...