24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu’s Exchange Rate Inches Up To 4.441 Vs Euro
The Romanian leu advanced slightly against the euro by midday Friday and the central bank set a reference rate for the local currency of 4.441 per euro, modestly stronger from a two and a ha...
Romania Raises RON45M In Non-competitive Bond Sale
Romania’s Finance Ministry on Friday raised a planned 45 million lei (EUR10.13 million) at a supplementary non-competitive tender for its October 2015-dated bond reopened yesterday.
Bucharest Stocks Close Mostly Lower
The Bucharest stocks closed mostly lower Thursday, but the investment funds finished in green territory, with the BET-FI gaining 0.27%.
E.ON Gaz Distributie To Merge With E.ON Moldova Distributie
Romanian gas distributor E.ON Gaz Distributie will merge through absorption with its sister company E.ON Moldova Distributie as part of a larger process due for completion by December 31.
Romania Sells RON300M 3-Year Bonds; Yield Hits Record Low Of 2.29%
Romania’s Finance Ministry on Thursday raised a planned 300 million lei (EUR67.5 million) in a reopening of its three-year bond due October 2015, with the average yield falling to a record l...
Gas Trader Alpha Metal To Buy 73.5% In Thermal Energy Company Ecogen
Romanian natural gas trader Alpha Metal will purchase 73.48% in thermal energy producer Ecogen Energy after reaching an agreement with three shareholders of the energy company.
Leu’s Exchange Rate Falls To 2-1/2 Month Low Of 4.4423 Vs Euro
The Romanian leu retreated against the euro in the first half of the trading session Thursday and the central bank’s reference slid 0.17% to 4.4423 units, the lowest rate in two and a half m...
IMF Says Romania Needs Clear Measures To Offset Social Security Tax Cut
Romania’s planned social security tax cut is poised to help reduce the burden on labor and stimulate employment, but the authorities should present a clear set of measures aimed at offsettin...
Bucharest Stocks Close Higher In Quiet Market
The Bucharest market closed higher Wednesday, with financial and energy stocks scoring moderate gains amid slightly growing volumes.
KMG International To Open 15 New Gas Station In Romania
KMG International NV, a unit of Kazakhstan’s state-run KazMunayGas, plans to open 15 new gas filling stations in Romania in the “near future,” the company said Wednesday.
Romania Central Bank OKs RIB’s Management Structure
The Romanian central bank has approved the new management structure of the Romanian International Bank (RIB), a unit of Polish financial group Getin Holding, RIB said in a statement Wednesda...
APIA: First Half Passenger Car Sales Up 36% On Year To 39,290 Units
Romanian new passenger car sales rose 35.7% to 39,290 units in the January-June period, from 28,968 units a year earlier, the Automotive Manufacturers and Importers Association, or APIA, sai...