24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
IMF Approves New EUR2B Loan For Romania
The executive board of the International Monetary Fund on Friday approved a new EUR1.98 billion precautionary credit line for Romania, making this the third financial package the eastern Eur...
Electrocarbon Seeks EUR15M Loan To Build 4 Micro Hydropower Plants
Romanian industrial electrodes maker Electrocarbon Slatina (ELNG.RO) plans to borrow up to EUR15 million to finance the construction of four micro hydropower plants on Doftana River, Prahova...
Leu Closes Flat Vs Euro In Lackluster Trade
The Romanian leu held steady against the euro in a quiet market Friday, in line with the currencies in the region, and finished the session flat at 4.463/4.465 to the euro, amid low volumes.
Romania Economic Sentiment Brightens In September
Investor sentiment regarding the outlook of the Romanian economy rose by 1.8 points in September, the highest monthly increase since February, amid improved confidence in most sectors, a sur...
Iaciu Sweetens Takeover Bid For Impact By 8% To RON0.1735 A Share
Romanian entrepreneur Gheorghe Iaciu has boosted the value of his buyout bid for 62% in realtor Impact Developer&Contractor (IMP.RO) at around 21.2 million lei (EUR4.7 million), the broker r...
Leu Steady Vs Euro, Exchange Rate At 4.4603
The Romanian leu traded near 4.46 to the euro in the first half of Friday’s session and the central bank set a reference rate of 4.4603 per euro, slightly stronger on the day.
Proprietatea Fund’s Manager Proposes RON677M Capital Decrease
Franklin Templeton Investment Management, sole manager of Romanian investment fund Fondul Proprietatea (FP.RO), on Thursday recommended lowering the fund’s share capital by 676.9 million lei...
Romania Budget Deficit Widens To RON7.92B In January-August
Romania’s consolidated budget posted a deficit of 7.92 billion lei (EUR1.77 billion) in the first eight months of 2013, equal to 1.27% of the gross domestic product, Finance Ministry data sh...
TMK Artrom Approves Taking Out EUR27M Loan
Romanian TMK-Artrom Slatina (ART.RO), controlled by Russia’s steel pipe maker TMK, on Thursday approved taking out a loan of up to EUR27 million from UniCredit Tiriac Bank to refinance old d...
Bucharest Stocks Close Modestly Up; Proprietatea Fund Hits Fresh High
The Bucharest exchange closed slightly higher Thursday, with investment fund Fondul Proprietatea (FP.RO) continuing to rise ahead of a planned buyback public offer for a 4.35% stake.
Leu Dips Vs Euro In Thin Trade
The Romanian leu retreated modestly against the euro Thursday and finished the session at 4.465/4.466 to the euro, amid a quiet market and weak investor appetite.
Romania's Wheat Exports More Than Double To EUR300M So Far In 2013
Romanian wheat exports more than doubled to EUR300 million in the first nine months of 2013, from EUR146 million a year earlier, Agriculture Minister Daniel Constantin said Thursday.