24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
EU Says Romania Should Be Removed From Deficit Procedure
The European Commission Wednesday recommended Romania be removed from the list of countries with excessive deficits in light of the country’s progress in lowering the budget gap below the bl...
ProCredit Bank Romania Sees 16% Hike In Loan Portfolio
ProCredit Bank Romania estimates its loan portfolio will grow by 16% to EUR250 million in 2013, from EUR215 million at the end of last year, Andreea Enache, head of the bank’s corporate clie...
Romania Sells RON200M 15-Year Bonds; Yield Falls To 5.16%
Romania’s Finance Ministry on Wednesday sold a planned 200 million lei (EUR45.98 million) in 15-year treasury bonds, with the average yield dropping to a record low of 5.16% a year.
Leu Widens Loss Vs Euro, Exchange Rate At 4.3497
Romania’s leu extended earlier losses against the euro by midday Wednesday and the central bank’s reference weakened 0.5% to 4.3497 units, from a two-week high of 4.3297 units a day earlier.
E.ON Romania Says State Aid Vital For Planned 800 MW Power Plant In Braila
Romania’s long-delayed project to build a EUR1 billion thermal power plant in the eastern county of Braila is not likely to materialize unless the government considers granting state aid to...
E.ON Threatens To Pull Green Energy Projects If Government Cuts Subsidies
E.ON Romania, a unit of German utility E.ON, will give up its green energy projects on the local market unless the government reconsiders its plan to reduce subsidies in the field, the compa...
Leu Ends Higher Vs Euro, Attuned To Region
The Romanian leu appreciated against the euro Tuesday, tracking the currencies in the region, and closed 0.4% stronger on the day at 4.3255/4.3275 to the euro.
Raiffeisen Bank International 1Q Profit In Romania Slides To EUR30M
Austria’s Raiffeisen Bank International AG Tuesday reported an after tax profit in Romania of EUR30 million in the first quarter, slightly lower from EUR31 million in the year-earlier period...
Leu Exchange Rate Strengthens For Second Day To 4.3297 Vs Euro
Romania’s leu preserved its earlier gains against the euro by midday Tuesday and the central bank’s reference strengthened for the second consecutive day to 4.3297 units, from 4.3514 units i...
Romania Could Import Uranium Concentrate To Sustain Electricity Production
Romania’s attempts to import uranium metal from Kazakhstan and Jordan have been unsuccessful and the country’s only viable solution to ensure electricity production would be to import uraniu...
Romania Likely To Lose EUR3B If Cernavoda Project Not Completed - Report
Giving up the planned construction of two additional nuclear reactors at Romania’s power plant in Cernavoda would likely trigger losses of some EUR3 billion for the local economy, according...
Leu Closes Up Vs Euro In Quiet Market
The Romanian leu advanced against the euro in late trade Monday and closed the day slightly stronger, amid a quiet market.