24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Takeover Bid For Impact Raised To RON0.22 A Share
Romanian entrepreneur Gheorghe Iaciu has once again increased the value of his buyout bid for roughly 62% in realtor Impact Developer&Contractor (IMP.RO) after he purchased shares in the mar...
IMF: Political Tensions Could Put Romanian Reforms At Risk
Romania could miss some of its targets assumed under a EUR2 billion follow-up agreement with the International Monetary Fund because of political risks, particularly prior to the presidentia...
OPSPI Sharply Revises Down 2013 Privatization Revenue Forecast
Romania’s state assets privatization office OPSPI sharply revised down its estimate on this year’s revenue from privatizations to 448.8 million lei (EUR101.3 million), from RON1.86 billion p...
Leu Inches Higher Vs Euro In Thin Trade
Romania’s leu closed slightly higher against the euro after a quiet session Friday, amid low volumes and weak investor appetite.
SIF Banat-Crisana Plans To Cut Share Capital By Up To 10%
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) plans to buy back up to 10% of its shares to reduce registered capital, the company said in a statement Friday.
Leu Up Vs Euro, Exchange Rate At 4.4306
The Romanian leu advanced against the euro by midday Friday and the central bank’s reference strengthened for the fourth consecutive session to 4.4306 units, from 4.4403 units a day earlier.
Nuclearelectrica Interested In Minority Stake In 1,000 MW Hydro Project
Romanian state-run nuclear power producer Nuclearelectrica (SNN.RO) is interested in acquiring a minority stake in the country’s planned 1,000-megawatt hydropower plant in Tarnita-Lapustesti...
BCR To Broker Transelectrica’s RON200M Bond
Romanian power grid operator Transelectrica (TEL.RO) Friday said it has hired local lender BCR to assist with its planned 200 million lei (about EUR45 million) five-year bond issue due for l...
Chimcomplex Approves RON33M Capital Increase
Romanian chemical company Chimcomplex Borzesti (CHOB.RO) will increase its share capital by 33.12 million lei (EUR7.45 million) to RON162.3 million, according to a shareholder decision Thurs...
Leu Ends Higher Vs Euro In Muted Trading
Romania’s leu appreciated against the euro in a lackluster session Thursday, amid low volumes.
Romania Consumer Protection Authority’s Cases Against Banks Could Turn Into Class Actions
The Romanian authority for consumers’ protection, or ANPC, will try to turn a series of court cases against local banks regarding abusive loan clauses into class action lawsuits, ANPC presid...
Romania Sells Debt Worth RON1.5B At Two Auctions
Romania’s Finance Ministry sold 1.5 billion lei (EUR337 million) at two bond auctions Thursday, above the planned amount, at average annual yields of 4.37% and 5.29%, respectively.