24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Alpha Bank Pretax Loss In Romania More Than Doubles On Year
Greece’s third largest lender Alpha Bank Friday said its pretax loss in Romania more than doubled to EUR12.6 million in the first quarter, hit by higher provisions for bad loans.
EBRD Sees 2.2% GDP Growth In Romania In 2014
Romania’s economic growth is likely to accelerate to 2.2% in 2014, after an increase of 1.4% predicted this year, the European Bank for Reconstruction and Development said in a report Friday...
Leu Exchange Rate Gains Modestly To 4.3241 Vs Euro
Romania’s leu traded slightly below 4.33 per euro by midday Friday and the central bank’s reference strengthened marginally to 4.3241 units, from 4.3249 units a day earlier.
Bucharest Bourse 1Q Net Profit Falls To RON1.5M
The Bucharest Stock Exchange (BVB.RO) Friday said its net profit fell 45% on the year to 1.5 million lei (EUR0.34 million) in the first quarter, largely due to lower revenues from fees and h...
Oil Terminal Loss Widens 86% In 1Q
Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Friday said its first-quarter loss widened 86% on the year to 2 million lei (EUR0.46 million), on lower sales.
Rompetrol Well Services To Open Office In Iraq
Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, plans to open an office in Kurdistan region, Iraq, the company said in a report Friday.
Bucharest Stocks Mixed In Early Action, Petrom Slides 3% After Going Ex-Dividend
Bucharest shares traded mixed during early hours Friday, with Romania’s leading oil and gas company OMV Petrom (SNP.RO) losing over 3% after going ex-dividend.
Leu Briefly Touches 4.33 Vs Euro; Returns To Gains In Quiet Morning Trade
Romania’s leu strengthened modestly against the euro Friday morning after briefly getting above 4.33 per euro during early trading hours, amid low volumes.
Trade Deficit Shrinks In 1Q As Exports Rise, Imports Fall
Romania’s trade deficit narrowed 37.6% on the year to EUR1.07 billion in the first quarter, reflecting a pickup in foreign demand and a downfall in imports, the country’s statistics institut...
INS: Romania's Power Output Down 7.7% On Year In January-March
Romanian energy output fell 7.7% on the year to 5.44 million tons of oil equivalent in the first quarter, hurt by falling production in the thermal and nuclear sectors, official data showed...
Romania Inflation Rises To 5.29% In April
Romania’s inflation rose slightly to 5.29% in April from 5.25% a month earlier, largely driven by higher prices in the non-food sector, official data showed Friday.
Chimcomplex 1Q Revenue Falls 10% To RON46.4M
Romanian chemical company Chimcomplex Borzesti (CHOB.RO) Thursday reported first-quarter revenues of 46.4 million lei (EUR10.6 million), down 10.4% on the year.