24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Strong Gusts Boost Romania Wind Power Production
About one fifth of Romania’s electricity output was being covered by windpower Tuesday afternoon as strong winds knocked down trees and shut down the country’s ports at the Black Sea.
Leu’s Exchange Rate Strengthens To 4.456 Vs Euro
The Romanian leu advanced modestly versus the euro in the first half of the session Tuesday and the central bank’s reference strengthened to 4.456 units, from 4.4604 units a day earlier.
Energy Minister: Romania To Ask For Two-Year Reprieve On Coal Plant Air Pollution Cut
Romania plans to request the European Commission for a two-year extension of the deadline by which it must reduce dioxide emissions from coal-fired power plants, minister delegate for Energy...
Romania To Focus On Gas Exploration In The Black Sea
Romania plans to start exploring for gas in the Black Sea to increase its energy reserve, minister delegate for Energy Constantin Nita said Tuesday.
AdePlast Plans To Raise Up To EUR15M In IPO
Romanian building materials producer AdePlast expects to raise as much as EUR15 million from its initial public offering scheduled for launch on October 2, the brokers running the deal said...
Leu Closes Flat Vs Euro In Dull Trade
Romania’s leu was stable against the euro Monday, finishing the session at 4.46/4.463 to the euro, amid a quiet market and low volumes.
Isarescu: Banks Have No Choice But To Cut Interest Rates
Romanian central bank governor Mugur Isarescu Monday said commercial lenders “will have no choice” but to reduce lending rates following the central bank’s monetary policy decisions over the...
BNR Lowers Key Rate By 25 Bps To 4.25%
Romania’s central bank Monday cut its main monetary policy rate for the third straight meeting, shaving off 25 basis points to 4.25% a year, in line with market expectations.
Romania Central Bank Lends RON302.6M In 7-Day Repo
Romania's central bank Monday lent 302.6 million lei (EUR67.8 million) to a local commercial bank via a seven-day repurchasing agreement operation at an annual interest rate of 4.5%, equal t...
Leu’s Exchange Rate Flat At 4.4604 Vs Euro
The Romanian leu moved in a tight range against the euro by midday Monday and the central bank set a reference rate of 4.4604 per euro, barely changed from 4.4603 per euro in the previous se...
Oltchim Seeks To Raise EUR6M In Plastics Unit Sale
Romanian insolvent chemical company Oltchim SA (OLT.RO) plans to sell its plastics manufacturing unit Ramplast DMC in a bid to raise EUR6 million, the company’s court-appointed administrator...
Iaciu Ups Takeover Bid For Impact To RON0.1799 A Share
Romanian entrepreneur Gheorghe Iaciu has once again increased the value of his buyout bid for 62% in realtor Impact Developer&Contractor (IMP.RO) after he purchased a batch of shares at a hi...