24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
BCR: Central Bank Likely To Cut Key Rate In September
Romania’s central bank will likely reduce its key interest rate by a quarter percentage point in September, from a historic low of 5.25% presently, according to estimates from the country’s...
BCR Ups Romania 2013 GDP Forecast To 1.8%
Romania’s largest bank BCR Wednesday revised upward its forecast on the country’s economic growth to 1.8% in 2013, from 1.1% previously, saying it expects higher contribution from agricultur...
Romania Central Bank Cuts 2013 Inflation Forecast To 3.2%
Romania’s central bank Wednesday revised downward its inflation forecast for 2013 to 3.2% from 3.5% previously, reflecting a lower inflationary impact of fuel and volatile prices.
Leu Modestly Up Vs Euro In Early Trade
Romania’s leu inched higher against the euro in early trade Wednesday, amid low volumes.
Bucharest Stocks Mixed Wednesday Morning; SIF Transilvania Dives On Ex-Date
Bucharest shares traded mixed in early action Wednesday, with regional investment fund SIF Transilvania (SIF3.RO) losing 25% after going ex-dividend.
Romanian March Industry Prices -0.4% On Month, +4.5% On Year
Romania’s industrial producer price index inched down 0.4% in March compared with a month earlier, on lower prices in the energy and capital goods sectors, the country’s statistics institute...
INS: First-Quarter Adjusted Retail Sales Inch Up 0.8% On Year
Romanian adjusted retail sales edged up 0.8% in the first quarter of 2013 compared with the year-earlier period, fueled by higher sales in most sectors, the statistics institute INS said Wed...
Leu Closes Down Vs Euro As Investors Take Profits On Recent Gains
Romania’s leu weakened slightly against the euro Tuesday as investors booked profits following last week’s rally.
CEZ 1Q EBITDA In Romania Rises 22% To EUR70.4M
Czech power group CEZ AS Tuesday reported first-quarter operating profit before taxes, or EBITDA, of CZK1.8 billion (EUR70.4 million) in Romania, up 22% on the year.
Leu Exchange Rate Slips To 4.3182 Vs Euro On Profit Taking
The Romanian leu reversed its earlier gains versus the euro by midday Tuesday as investors opted to book profits after the currency’s rally last week, while the central bank’s reference weak...
BNR Injects RON665M In Six-Day Repo
Romania's central bank Monday pumped 665.4 million lei (EUR154.5 million) into the money market via a six-day repurchasing agreement operation, at an interest rate of 5.25%, equal to the mon...
Prefab Swings To RON2M Loss In 1Q
Romanian building materials maker Prefab (PREH.RO) Tuesday said it has swung to a loss of 1.96 million lei (EUR0.46 million) in the first quarter, versus profits a year earlier, hit by highe...