24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romanian International Bank Changes Name To Idea Bank, Relocates HQ
The Romanian International Bank (RIB), a unit of Polish financial group Getin Holding, will be rebranded as Idea Bank and will relocate its headquarters to the Hermes Business Campus in nort...
Leu’s Exchange Rate Weakens To 4.3902 Vs Euro
The Romanian leu inched lower against the euro by midday Tuesday and the central bank’s reference weakened to 4.3902 units, from 4.3867 units a day earlier.
Romania Raises RON60M In Non-competitive Bond Sale
Romania’s Finance Ministry on Tuesday raised a planned 60 million lei (EUR13.67 million) at a supplementary non-competitive tender for its April 2020-dated bond reopened yesterday.
Proprietatea Fund To Sell 13.5% In Transelectrica Via Accelerated Bookbuild
Romanian investment fund Fondul Proprietatea (FP.RO) plans to sell its 13.5% stake in state-run power grid operator Transelectrica (TEL.RO) via an accelerated bookbuild, the fund said Tuesda...
Leu Closes Even Vs Euro In Dull Trading
The Romanian leu closed almost unchanged at 4.3866/4.3875 against the euro in thin volumes Monday, amid a quiet market.
ArcelorMittal Galati Launches Pre-Retirement Program To Optimize Workforce
ArcelorMittal Galati’s employees eligible for retirement by the end of 2015 can leave the company early under a pre-retirement program that kicks off Monday, the Romanian unit of the world’s...
Romania Sells RON400M 7-Yr Bonds; Yield Hits Record Low Of 3.5%
Romania’s Finance Ministry on Monday raised a planned 400 million lei (EUR91.2 million) in a reopening of its seven-year bond due April 2020, with the average yield falling to 3.5% a year, t...
Leu’s Exchange Rate Edges Up To 4.3867 Vs Euro
The Romanian leu has been stable against the euro by midday Monday and the central bank’s reference strengthened slightly to 4.3867 units, from 4.3897 units in the previous session.
Leu Motionless At 4.39 Versus Euro In Early Trade
Romania’s leu opened flat against the euro in a quiet session Monday morning, amid low volumes.
INS: Romania Industrial Sales Rise 2.7% On Month In May
Romanian industrial sales rose in May from a month earlier, boosted by higher demand in all sectors, the country’s statistics institute INS said Monday.
Romania Average Net Wage Slides 3.1% In May
Romanian average net salary fell 3.1% to 1,682 lei (EUR383.2) in May, from RON1,735 a month earlier, the statistics institute INS said Monday.
Industrial New Orders Inch Up 0.5% In May
Romanian industrial new orders inched up 0.5% on the month in May, supported by growth in most sectors, data from the country’s statistics institute INS showed Monday.