24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu’s Exchange Rate Continues Its Decline Vs Euro, At 4.3485
Romania’s leu traded in narrow ranges against the euro by midday Tuesday, but the central bank’s reference weakened for the fifth consecutive day to 4.3485 units, a fresh record low in over...
Ghetea: Romania Bank Lending Likely To Revive In 3Q
A steady economic growth could prompt bankers to resume lending as of this fall, the head of the Romanian Banking Association said Tuesday.
APIA: Car Sales Fall 11% To 18,137 Units In First 4 Months
Romanian new passenger car sales fell 11.4% to 18,137 units in the first four months of 2013, from 20,482 units in the year-earlier period, the Automotive Manufacturers and Importers Associa...
China National Electric Engineering May Invest Up To EUR300M In Mintia Thermal Plant
Romania’s state-run power holding Hunedoara is in advanced talks with China National Electric Engineering Co. (CNEEC) to secure financing of up to EUR300 million for upgrade works at its Min...
Leu Slides To 4.35 Vs Euro On Increased Forex Demand
The Romanian leu weakened against the euro Monday, pushed by growing demand for foreign currency from non-residents, and closed slightly below 4.35 to the euro, amid average volumes.
Mechel Campia Turzii Resumes Operations
Romanian steel maker Mechel Campia Turzii (INSI.RO), a former unit of Russian group Mechel, has resumed production one month after launching insolvency proceedings, the company’s new owner I...
Romania Sells RON300M 5-Year Bonds At 4.53% Average Yield
Romania’s Finance Ministry on Monday sold a planned 300 million lei (EUR69 million) of five-year bonds at an average yield of 4.53% a year, slightly higher than at the previous auction.
Leu’s Exchange Rate Weakens To 4.3428 Vs Euro
Romania’s leu retreated against the euro by midday Monday and the central bank’s reference weakened to 4.3428 units, the lowest rate in over three weeks.
BNR Injects RON681M In One Week Repo
Romania's central bank BNR Monday pumped 681 million lei (roughly EUR157 million) into the money market via a seven-day repurchasing agreement operation, at an interest rate of 5.25%, equal...
Leu Closes Flat Vs Euro In Quiet Market
Romania’s leu closed flat against the euro Friday after a lackluster session during which it traded slightly below 4.34 units, amid low volumes.
Proprietatea Fund Sells 1.11% In OMV Petrom For RON247M
Romanian investment fund Fondul Proprietatea (FP.RO) has sold 1.11% of a planned stake of 1.77% in leading oil company OMV Petrom (SNP.RO) for a total 246.6 million lei (EUR56.8 million), th...
Romania Raises RON50M In Non-competitive Bond Auction
Romania’s Finance Ministry on Friday raised a planned 50 million lei (EUR11.5 million) at a supplementary non-competitive tender for its April 2016-dated bond reopened yesterday.