24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Closes Slightly Higher Vs Euro In Dull Trade
Romania’s leu advanced modestly against the euro in a sleepy session Thursday, amid low volumes.
BCR Says Moody’s Downgrade Does Not Reflect Capital, Liquidity Levels
Romania’s largest bank by assets BCR has a strong capital position and good liquidity levels, two elements that are not reflected by the Moody’s recent downgrade decision, the bank said Thur...
Romania Sells EUR336.5M In Eurobond Reopening; Yield Falls To Record Low Of 2.75%
Romania’s Finance Ministry on Thursday sold EUR336.5 million in the reopening of its February 2016 Eurobond, above the planned amount, with the average yield dropping to a record low of 2.75...
Congaz Put Up For Sale At EUR45M Tag Price - Sources
Romanian natural gas supplier Congaz Constanta might be put up for sale at a starting price of EUR45 million, people familiar with the matter told Mediafax.
Romgaz To Use Gas From Cojocna Field To Produce Low-Cost Energy
Romanian state-run natural gas producer Romgaz Medias will use the gas from its newly discovered Cojocna field to fuel two low-power electric units in the region, the company said in a state...
No To-Big-To-Fail Banks In Romania, Says Central Bank’s Chief
The largest Romanian banks are not nearly large enough to be deemed “too big to fail”, but some of them may be too big by local economic standards, central bank governor Mugur Isarescu said...
Florin Georgescu: Current Account Gap To Shrink To 2% Of GDP In 2013
Romania’s current account deficit will likely shrink to around 2% of the gross domestic product in 2013, central bank deputy governor Florin Georgescu said Thursday.
Leu’s Exchange Rate Firms To 4.4339 Vs Euro
The Romanian leu moved in a tight range against the euro by midday Thursday, while the central bank’s reference strengthened 0.3% to 4.4339 units, from 4.4467 units a day earlier.
Alumil Romania Completes RON30M Investment In New Processing Unit
Romanian aluminum processor Alumil Rom Industry (ALU.RO) has completed the construction of a 30.3 million lei (EUR6.8 million) processing unit in the central county of Prahova, the company s...
Romania Signs Memo On Power Market Coupling Project
The Romanian authorities and energy regulators in the Czech Republic, Poland, Slovakia and Hungary have signed a memorandum of understanding to combine their power markets, Romania’s power g...
Leu Ends Flat Vs Euro In Quiet Session
The Romanian leu recovered its earlier losses against the euro in late trade Wednesday and closed flat on the day at the end of an uneventful session.
Leu’s Exchange Rate Weakens Slightly To 4.4467 Vs Euro
The Romanian leu retreated against the euro by midday Wednesday and the central bank’s reference lost 0.25% to 4.4467 units, from 4.4358 units a day earlier.