24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Exxon, Shell And Petrom Reach Deal With Ukraine To Drill For Black Sea Gas
Ukraine said Thursday that it has reached a preliminary hydrocarbon sharing agreement with a consortium comprising oil giants ExxonMobil and Shell, Romanian OMV Petrom (SNP.RO) and Ukrainian...
Romania Sells RON500M 10-Year Bonds At 5.25% Average Yield
Romania’s Finance Ministry on Thursday raised a planned 500 million lei (EUR112 million) in the reopening of a 10-year bond due April 2023, at an average yield of 5.25% a year, higher than a...
Foreign Producers To Trade Gas On Romania’s Power Exchange Soon - Minister
Romania’s government will likely amend next month the Energy Law to allow foreign producers to trade natural gas on the local energy exchange OPCOM, the minister-delegate for Energy Constant...
Leu In Ranges Vs Euro, Exchange Rate At 4.4635
The Romanian leu traded in narrow ranges against the euro by midday Thursday and the central bank’s reference strengthened roughly 0.2% to 4.4635 units, from 4.4711 units a day earlier.
Alro Completes RON43.6M Investment In Production Equipment
Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, Thursday said it has completed a 43.6 million lei (EUR9.77 million) investment to upgrade its production equ...
Leu Closes Higher Vs Euro On Rising Forex Sales
Romania’s leu disconnected from neighboring markets in late trade Wednesday and finished the session stronger against the euro, amid growing sales of foreign currency.
Romanians Can Take Banks To Court Over Abusive Clauses As Of October 1
Romanian consumers will be able to denounce in court potentially abusive clauses introduced by service providers, including banks, as of October 1, Prime Minister Victor Ponta said Wednesday...
Romanians Choose Gold As Best Investment - Survey
Romanians feel gold is the best investment today, beating out real estate, bank deposits and even owning their own business, a survey from Novel Research shows.
NEPI Appoints Two New Executive Directors
South-African property investment fund New Europe Property Investments, or NEPI (NEP.RO), said Wednesday it has named two new executive directors effective immediately.
Leu’s Exchange Rate Weakens To 4.4711 Vs Euro
The Romanian leu recovered part of its earlier losses against the euro by midday Wednesday, but the central bank’s reference weakened to 4.4711 units, from 4.4684 units a day earlier.
Proprietatea Fund To Launch Buyback Offer For 4.35% Of Its Shares
Romanian investment fund Fondul Proprietatea (FP.RO) will launch a public tender offer for 4.35% of its own shares in a move to accelerate a buyback program initiated in April last year, the...
Leu Ends Flat Vs Euro In Dull Trade
Romania’s leu traded in narrow ranges against the euro Tuesday to finish the session roughly flat on the day, amid low volumes.