24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
GFR Buys 51% In Freight Rail Carrier CFR Marfa For EUR202M
Romania’s largest private railway company Grup Feroviar Roman (GFR) will pay EUR202 million for a 51% stake in state-run freight rail carrier CFR Marfa, Transport Minister Relu Fenechiu said...
IMF Says Lagarde’s Visit To Romania Unrelated To Deal Review
International Monetary Fund’s Managing Director Christine Lagarde will visit Romania “somewhere in mid-July,” IMF spokesman Gerry Rice said Thursday.
Leu Dips Vs Euro On Negative Sentiment
The Romanian leu recovered part of its earlier losses against the euro in late trade Thursday, but closed slightly weaker on the day, as investors are reducing their exposure to risk after U...
IMF Chief’s Visit To Romania Uncertain If CFR Marfa’s Privatization Is Delayed
The head of the International Monetary Fund Christine Lagarde could cancel her visit to Romania scheduled for July 16 if the eastern European country fails to select a winner for the majorit...
Romania Rejects All Bids In 7-Year Bonds Sale
Romania’s Finance Ministry has rejected all bids at a 300 million lei (EUR66.2 million) seven-year bonds auction Thursday, citing high yields.
Remaining Bidder For CFR Marfa May Be Disqualified Over Demands – Minister
Romanian rail company Grup Feroviar Roman (GFR), the only remaining bidder in the privatization process of state-run freight rail carrier CFR Marfa, may be disqualified due to a series of co...
Leu’s Exchange Rate Falls To 4.534 Vs Euro
The Romanian leu’s exchange rate fell to its weakest level since June 7 against the euro Thursday, amid a negative sentiment in the region, a day after the US central bank indicated it may s...
Garanti Bank Sees BNR Easing Key Rate By 75 Bps In 2013
Garanti Bank estimates Romania’s central bank will likely reduce its key interest rate by 75 basis points this year amid improved inflationary expectations.
Lufkin Industries Inaugurates $140M Facility In Romania
U.S. oil and natural gas equipment producer Lufkin Industries Inc. Wednesday inaugurated its new manufacturing facility in Romania, following total investments of $140 million.
Leu Ends Modestly Up Vs Euro In Quiet Market
Romania’s leu gained modestly against the euro in late trade Wednesday, tracking the currencies in the region, and closed at 4.485/4.488 units, from 4.5 units a day earlier.
Romania Wants RON350M From Nuclearelectrica IPO
Romania hopes to attract between 300 and 350 million lei (EUR66.7 to EUR77.8 million) from the planned sale of a 10% stake in state-run nuclear power producer Nuclearelectrica, Energy Minist...
UniCredit Tiriac Bank Sets 6.35% Coupon On 5-Year Bond
Romanian lender UniCredit Tiriac Bank has set a coupon of 6.35% on its five-year bond issue launched June 14.