24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Ropharma Mulls RON22M Capital Increase
Romanian generic drugs wholesaler Ropharma Brașov (RPH.RO) Tuesday proposed increasing its share capital by 21.8 million lei (EUR5 million) to approximately RON60 million by capitalizing exi...
EBRD Purchased Banca Transilvania Convertible Bonds Worth EUR4.4M
The European Bank for Reconstruction and Development has subscribed bonds worth EUR4.4 million in a subordinated unsecured convertible bond issue of Romanian lender Banca Transilvania (TLV.R...
Banca Carpatica 1Q Profit Rises 75% To RON15M
Romanian lender Banca Comerciala Carpatica (BCC.RO) Tuesday said its first-quarter net profit rose 75% on the year to 14.9 million lei (EUR3.44 million), on higher revenue from lending opera...
Biofarm 1Q Net Profit Up 32% To RON8.7M
Romanian drugmaker Biofarm (BIO.RO) Tuesday said its net profit rose 32% on the year to 8.7 million lei (EUR2 million) in the first quarter, on higher sales.
Romanian Remin Baia-Mare Sells 500,000 Tons Of Pyrite To Swiss Werco Trade
Romanian insolvent mining company Remin Baia-Mare has sold its $53.1 million-valued stock of gold-bearing pyrite to Swiss metals and ores trader Werco Trade AG, the state’s privatization aut...
Transgaz 1Q Net Profit Falls 4% To RON181.6M
Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Tuesday said its first-quarter net profit fell 4.1% on the year to 181.56 million lei (EUR41.4 million), on lower re...
Leu Dips Vs Euro On Low Volumes
Romania’s leu weakened against the euro Tuesday, closing slightly above 4.33 to the euro, amid low volumes.
Raiffeisen Bank Romania’s CEO Sees Scope For Lower Loan Rates
The chief executive of Raiffeisen Bank Romania said Tuesday local bankers could follow the central bank’s lead and cut interest rates on loan facilities, but the process would be rather leng...
Intesa Sanpaolo Bank Swings To RON4M Net Profit In 1Q
Intesa Sanpaolo Bank Romania, the local unit of Italy’s Intesa Sanpaolo, said Tuesday it has swung to a net profit of 4 million lei (EUR0.92 million) in the first quarter versus losses a yea...
WB: Romania Is Europe’s Top Spender On Public Projects, But With Few Results
Romania has been Europe’s top investor in public sector projects in terms of GDP share over the past 10 years, but its investment-to-performance ratio is far from satisfactory, a senior econ...
Leu Exchange Rate Weakens To 4.3311 Vs Euro
Romania’s leu edged lower against the euro by midday Tuesday and the central bank’s reference lost 0.2% to 4.3311 units, from 4.3207 units a day earlier.
Leu Ends Modestly Higher Vs Euro In Thin Trade
Romania’s leu lost part of its earlier gains against the euro in late trade Monday, but closed slightly higher on the day, amid declining volumes.