24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
INS: Industrial New Orders Up 15.4% On Month
Romanian industrial new orders rose 15.4% on the month in April, boosted by higher demand in most sectors, the statistics institute INS said Friday.
Austrian Verbund Inaugurates 225 MW Wind Farm In Romania
Austria’s leading power company Verbund AG Thursday said about half of the turbines at its 225-megawatt Casimcea wind farm in eastern Romania have been connected to the local power grid, wit...
Romgaz Pays RON1B Dividend From 2012 Profit
Romanian state-run natural gas producer Romgaz Medias will pay out its shareholders total dividends worth 1.06 billion lei (EUR236 million) from the 2012 net profit, 13% higher on the year.
Bucharest Stocks End Down For Second Day In Thin Trade
The Bucharest stocks fell for the second consecutive day Thursday amid reduced interest from investors, with investment fund Fondul Proprietatea (FP.RO) and Austrian Erste Group Bank AG (EBS...
Leu Falls 2% Vs Euro As Investors Unload Risky Assets
Romania’s leu fell beyond 4.52 against the euro Thursday as foreign investors continued to unload risky assets in the region, and closed over 2% weaker on the day, amid growing volumes.
Romania Sells RON542M 3-Year Bonds At 4.96% Average Yield
Romania’s Finance Ministry sold 541.9 million lei (EUR121 million) at a three-year bond auction Thursday, below the planned amount, at an average annual yield of 4.96% a year, lower than at...
RBS Romania’s Retail Business Transferred To UniCredit By Early September
Royal Bank of Scotland Romania will transfer its retail business to UniCredit Tiriac Bank by early September, the bank’s president Henk Paardekooper said Thursday.
Leu Exchange Rate Hits 24-Week Low Of 4.4763 Vs Euro
The Romanian leu continued to weaken against the euro by midday Thursday and the central bank’s reference lost over 1% on the day at 4.4763 units, the lowest rate since December 18, 2012.
Altur Seeks EUR12M Loan To Refinance Debt
Romanian car parts maker Altur Slatina (ALT.RO) Thursday proposed taking out a loan of up to EUR12 million from Raiffeisen Bank to refinance an accounts receivable credit program and write o...
Leu Loses 0.7% Vs Euro On Higher Forex Demand
Romania’s leu lost 0.7% against the euro Wednesday amid rising volumes and growing demand for hard currency from non-residents.
Romania Receives 3 Non-binding Bids For CFR Marfa Privatization
Romania’s Transport Ministry has received three non-binding bids for the planned sale of a 51% stake in state-run freight rail company CFR Marfa, Transport Minister Relu Fenechiu said Wednes...
EBRD Remains Committed To Support Investment Projects In Romania
The European Bank for Reconstruction and Development will continue to financially support projects in Romania, regardless of the country’s success in securing a follow-up loan agreement with...