24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Rio Bucovina Invests EUR5M To Increase Production
Romanian mineral water bottler Rio Bucovina has invested over EUR5 million in production capabilities and network expansion in the first six months of 2013, general manager Razvan Iancau sai...
Boromir Prod 1H Sales Fall 12% To RON47.4M
Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO) Monday said its sales fell 11.6% to 47.37 million lei (EUR10.6 million) in the first half, from RON53.58 million a year earli...
Bucharest Stocks Slightly Higher In Early Action
The Bucharest exchange disconnected from the European markets and opened slightly higher Monday, amid low volumes and moderate interest in energy and financial stocks.
Bucharest Stocks Close Slightly Up; Proprietatea Fund Loses Thrust
The Bucharest stocks closed mostly higher Friday, in line with the previous sessions this week, with investment fund Fondul Proprietatea (FP.RO) losing some of its earlier edge amid declinin...
Leu Ends Down Vs Euro In Quiet Trade
The Romanian leu recovered part of its earlier losses against the euro in late trade Friday, but closed weaker on the day, amid low volumes.
Holcim 1H Cement Sales In Romania Down 0.7% On Year
Swiss-based building materials maker Holcim Friday said its cement and clinker sales in Romania inched down 0.7% on the year in the first six months, amid sluggish construction activity in t...
Leu’s Exchange Rate Hits 6-Week Low Of 4.4511 Vs Euro
The Romanian leu was stable against the euro in mid-trade Friday, but the central bank’s reference weakened 0.5% to 4.4511 units, the lowest rate since July 3.
OTP Bank Romania 1H Loss Widens Sharply On Higher Risk Costs
OTP Bank Romania, the local unit of Hungary’s financial group OTP, reported a loss of 2.27 billion forints (EUR7.67 million) in the first half, nine-fold wider on the year, largely due to a...
Leu Closes Down Vs Euro, Attuned To Region
Romania’s leu retreated against the euro in late trade Wednesday, tracking the currencies in the region, and finished the session lower on the day at 4.4355/4.4365 to the euro.
Advent International Sells Romanian Paints Producer Deutek To Axxess Capital
Global private equity firm Advent International Wednesday said it has sold its holding in Romanian decorative paints producer Deutek to Emerging Europe Accession Fund (EEAF) for an undisclos...
Antibiotice Net Profit Falls 37% On Lower Sales
Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) Wednesday said its net profit fell 37.3% to 16.1 million lei (EUR3.63 million) in the first half of 2013, on lower sales.
Leu’s Exchange Rate Dips To 4.4278 Vs Euro
The Romanian leu traded near 4.43 to the euro in the first half of Wednesday’s session and the central bank set a reference rate of 4.4278 versus the euro, slightly weaker on the day.