24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu In Ranges Vs Euro, Exchange Rate Weakens To 4.4992
The Romanian leu moved in a narrow range against the euro by midday Wednesday and the central bank’s reference weakened for the second consecutive day to 4.4992 units, from 4.4801 units a da...
Hidroelectrica To Resume Business As Usual Next Week, Says Ponta
Romania’s largest power producer Hidroelectrica will most likely complete its insolvency process by the end of next week, following the approval of the company’s reorganization program by it...
Ropharma Hikes Capital By RON22M
Romanian generic drugs wholesaler Ropharma Brasov (RPH.RO) has approved a 21.8 million lei (EUR4.86 million) share capital increase to approximately RON50.95 million by capitalizing existing...
Leu Slips To 4.5 Vs Euro On Negative Sentiment
The Romanian leu widened its earlier losses against the euro in late trade Tuesday and closed about 1% weaker on the day, amid a negative sentiment in the region on worries that the US Feder...
Leu’s Exchange Rate Weakens To 4.4801 Vs Euro
The Romanian leu traded lower against the euro by midday Tuesday and the central bank’s reference weakened 0.5% on the day to 4.4801 units, ending a four-day winning streak.
Transelectrica Dismisses EU’s Objections To OPCOM Practices
Romania’s Transeletrica (TEL.RO), sole shareholder of local power exchange OPCOM, on Tuesday dismissed allegations of discriminatory practices by the market operator toward foreign companies...
Leu Closes Slightly Higher Vs Euro In Dull Trade
Romania’s leu returned to gains versus the euro in late trade Monday and closed slightly stronger on the day, amid a quiet market.
Romania Sells RON500M 5-Year Bonds At 5.17% Average Yield
Romania’s Finance Ministry on Monday sold a planned 800 million lei (EUR179.4 million) of five-year bonds at an average yield of 5.17% a year, slightly higher than at the previous auction.
Leu Reverts Gains Vs Euro, Exchange Rate At 4.4581
The Romanian leu lost its earlier gains versus the euro by midday Monday, but the central bank’s reference strengthened modestly to 4.4581 units, from 4.459 units in the previous session.
APIA: Car Sales Fell 20% To 23,245 Units In January-May
Romanian new passenger car sales fell 19.8% to 23,245 units in the first five months of 2013 from the year-earlier period, the Automotive Manufacturers and Importers Association, or APIA, sa...
Foreign Investments Continue Decline: Just EUR322M In Four Months
Romanian foreign direct investment, or FDI, fell 34.8% to EUR322 million in the first four months, from RON494 million in the year-ago period, the central bank said Monday.
Romania Posts EUR54M Current Account Surplus In January-April
Romania's current account balance posted a surplus of EUR54 million in the first four months versus a deficit of EUR1.54 billion in the year-ago period, central bank data showed Monday.