24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu’s Exchange Rate Weakens To 4.4358 Vs Euro
The Romanian leu continued to trade above 4.43 versus the euro and the central bank’s reference weakened 0.3% to 4.4358 units, from 4.4221 units a day earlier.
Romania Plans To Sell RON3.87B Treasuries In September
Romania’s Finance Ministry plans to sell leu-denominated treasuries worth 3.87 billion lei (EUR875 million) in September, well above the RON1.97 billion raised a month earlier, ministry data...
Leu Inches Lower Vs Euro In Morning Trade
Romania’s leu edged lower against the euro in early action Tuesday, mirroring neighboring currencies, and traded slightly above 4.43 to the euro in a quiet morning.
INS: Housing Construction Up 5% On Year In January-June
Romanian housing construction rose 4.94% to 16,859 units in the first half from the year-earlier period, on rising activity in both urban and rural areas, the country’s statistics institute...
Nuclearelectrica Sets IPO Price Range At RON11.2-RON15 A Share
Romania’s Economy Ministry could raise as much as 369.3 million lei (EUR83.5 million) in an initial public offering of 10% in state-run nuclear power producer Nuclearelectrica, according a p...
Romania 1H Net Investment Falls 2.3% To RON27.9B
Romanian first-half net investments fell 2.3% to 27.93 billion lei (EUR6.31 billion) from the year-earlier period, on declining activity in constructions, the country’s statistics institute...
July Industry Producer Prices -0.4% On Month, +1.6% On Year
Romania’s industrial producer price index inched down 0.4% in July compared with a month earlier, on lower prices in most sectors, the country’s statistics institute INS said Tuesday.
Alpha Bank Pretax Loss In Romania Widens To EUR20M In First Half
Greek lender Alpha Bank Friday said its pretax loss in Romania widened 20.7% to EUR20 million in the first half, largely due to higher provisions for bad loans.
Unirea Shopping Center 1H Net Profit Doubles On The Year
Romania’s Unirea Shopping Center (SCDM.RO) Monday said its net profit doubled on the year to 3.7 million lei (EUR0.83 million) in the first half, as costs declined faster than revenues.
Leu Ends Higher Vs Euro In Quiet Market
Romania’s leu strengthened against the euro Monday to finish the session near 4.42 to the euro, amid reduced interest from investors.
Glencore, Trafigura, Yildirim Holding File Pre-Qualification Bids For Romania’s Cupru Min
Turkish chrome producer Yildirim Holding Inc., Dutch commodities trader Trafigura and Switzerland’s Glencore have filed pre-qualification bids to purchase up to 331,890 tons of copper concen...
Portugal’s BCP To Sell Millennium Bank Romania In Restructuring Plan
Portugal’s lender BCP Monday said it has received formal approval from the European Commission regarding its restructuring plan that includes the future sale of its Romanian unit Millennium...