24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
INS: July Industrial New Orders -12.1% On Month, +9.4% On Year
Romanian industrial new orders dropped 12.1% on the month in July, hurt by falling demand for capital goods, the statistics institute INS said Friday.
Leu Slides Vs Euro In Quiet Market
Romania’s leu depreciated against the euro in a quiet session Thursday, and closed slightly above 4.46 to the euro, amid low volumes.
Leu’s Exchange Rate Falls To 10-Week Low Of 4.4653 Vs Euro
The Romanian leu fell against the euro during the first half of Thursday’s session and the central bank’s reference retreated for the third day in a row to 4.4653 units, the weakest rate in...
Leu Ends Down Vs Euro, Unlike Neighbors
Romania’s leu fell against the euro Wednesday to finish the session 0.4% weaker on the day, unlike its neighbors, which appreciated modestly versus the European common currency.
Romania Electricity Consumption Expected To Fall 19.4% By 2017
Romanian state-run power grid operator Transelectrica (TEL.RO) estimates the country’s electricity consumption will drop at an annualized rate of around 4% in 2013-2014, the company said in...
Romania Climbs Two Spots To 76 In WEF's Competitiveness Ranking
Romania climbed two places to 76th in a global competitiveness ranking released by the World Economic Forum on Wednesday.
Leu Reverses Gains Vs Euro, Exchange Rate At 4.4461
The Romanian leu reversed earlier gains versus the euro by midday Wednesday and the central bank’s reference weakened for the second consecutive session to 4.4461 units, from 4.4358 units a...
Leu Edges Higher Vs Euro In Morning Action
Romania’s leu advanced modestly against the euro during early trading hours Wednesday as investors remain cautious amid uncertainty about the Syrian crisis and future US investment.
INS: Average Net Wage Rises 1.8% In July
Romanian average net salary rose 1.8% to 1,635 lei (EUR368) in July, from RON1,606 a month earlier, the statistics institute INS said Wednesday.
Romania Economy Grew Faster Than Initially Thought In Second Quarter
The Romanian economy grew at a 1.5% annual rate in the second quarter, faster than initially estimated, revised data from the statistics institute INS showed Wednesday.
Sobolewski: Romgaz Should Be Listed Both In Bucharest And London
Romania’s state-run natural gas producer Romgaz should be floated both in Bucharest and in London, the Bucharest Stock Exchange’s newly appointed chief executive said Tuesday.
Bucharest Bourse New Chief Wants 200,000 Retail Investors In Two Years
Romania’s capital market is easily deserving of around 200,000 small investors in the next two years, but first it must break a vicious cycle where investors are reluctant to trade because o...