24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Roughly 46.4% In Argus Traded In Bucharest For RON40M
An aggregate stake of 46.35% in Romanian edible oil producer Argus Constanta (UARG.RO) was sold on the Bucharest Stock Exchange Friday in exchange for 39.8 million lei (roughly EUR9 million)...
Leu Ends Slightly Higher Vs Euro In Thin Trade
Romania’s leu strengthened modestly against the euro Friday, amid low volumes.
Leu’s Exchange Rate Firms For Third Day At 4.459 Vs Euro
The Romanian leu lost part of its earlier gains versus the euro by midday Friday, but the central bank’s reference strengthened for the third consecutive session to 4.459 units, from 4.483 u...
Romania Posts Highest Annual Inflation In EU In May
Romania posted the highest annual inflation in the European Union in May, official data showed Friday.
Proprietatea Fund's Net Profit Rises To RON480.5M In May
Romanian investment fund Fondul Proprietatea (FP.RO) Friday reported a net profit of 480.55 million lei (EUR107.2 million) at the end of May, well above RON16.85 million in the previous mont...
IMF Formally Announces Guillermo Tolosa As New Resident Representative To Romania
The International Monetary Fund Friday said Guillermo Tolosa will be the institution’s new resident representative in Romania and Bulgaria, effective July 1.
SIF Transilvania Ranks As Most Profitable SIF In Jan-May
SIF Transilvania (SIF3.RO) climbed to first place in terms of profitability among the five regional investment funds registered in Romania, with a net profit of 88.9 million lei (EUR19.8 mil...
Leu Gains Vs Euro In Morning Trade
The Romanian leu strengthened against the euro Friday morning, extending yesterday’s gains, and traded near 4.45 units after the first hour, amid low volumes.
UniCredit Tiriac Bank To Launch RON500M Bond Friday
Romanian UniCredit Tiriac Bank will launch on June 14 a five-year corporate bond issue in a bid to raise 500 million lei (EUR111.5 million), the bank said in a statement Thursday.
Government: Personal Bankruptcy Law Undermines Credit Discipline
Romania will refrain from adopting a series of bank law initiatives that could “undermine credit discipline,” including a bill on personal bankruptcy or a debt collection bill, the governmen...
Leu Firms Vs Euro, Attuned To Region
Romania’s leu extended its earlier gains versus the euro in late trade Thursday, following the movements in the region, and closed 0.4% stronger on the day at 4.4655/4.4675 to the euro.
Romania Misses Over Half Of IMF Loan Targets; Applies For Waivers
Romania has missed over half of its goals assumed under a two-year EUR3.6 billion loan with the International Monetary Fund due for completion in late June, including a long-overdue reductio...