24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
SIF Muntenia Expects 41% Lower Pretax Profit In 2013
Romanian regional investment fund SIF Muntenia (SIF4.RO) estimates its pretax profit will fall 41% to 103.3 million lei (EUR23.8 million) in 2013, from RON175.7 million a year earlier.
BRD, Swiss Capital To Broker Romanian CE Oltenia’s IPO
Romania’s Economy Ministry has hired a consortium comprising lender BRD Societe Generale (BRD.RO) and Swiss Capital to assist with the sale of a 12% stake in state-run energy holding CE Olte...
Romania 1Q Budget Deficit Widens, But Still Below IMF Cap
Romania’s consolidated budget posted a deficit of 4.19 billion lei (EUR966 million) in the first three months, equal to 0.67% of the gross domestic product, Finance Ministry data showed.
Leu Exchange Rate Hits 14-Week High Of 4.3366 Vs Euro
The Romanian leu extended earlier gains versus the euro by midday Friday and the central bank’s reference strengthened to 4.3366 units, the highest level since January 17.
BNR Official: Marfin Romania Has High Solvency, Liquidity Ratios
Marfin Bank Romania has high solvency and liquidity ratios and its activity will not be disturbed following the transfer of the local operations of Bank of Cyprus, the head of Romanian centr...
Marfin Bank Secures Competition Derogation On Bank Of Cyprus Deposits
Romania’s antitrust authority Friday said it has approved a derogation for Marfin Bank Romania which allows the latter to gain control of the local operations of Bank of Cyprus before obtain...
Citi To Acquire ING’s Custody And Securities Services Business In CEE Europe
Citigroup Inc. financial services corporation has reached an agreement to acquire ING’s custody and securities services business in seven Central and Eastern European markets, including Roma...
Leu Inches Higher Vs Euro In Morning Trade
Romania’s leu edged higher against the euro in early session Friday, amid scarce liquidity.
OMV Petrom 1Q Gas Sales Fall 5.4% On Year
Romanian leading oil company OMV Petrom (SNP.RO) reported a 5.37% decline in natural gas sales volumes to 16.39 terawatt-hours in the first quarter, hurt by falling demand, Austria’s OMV sai...
Nuclearelectrica Appoints New Board Of Directors
Romanian state-run nuclear power plant operator Nuclearelectrica has appointed a new seven-seat Board of Directors, the company said in a statement Thursday.
Leu Ends Slightly Higher Vs Euro On Low Volumes
Romania’s leu recovered its earlier losses against the euro in late trade Thursday and closed slightly stronger on the day, amid declining volumes.
Mark Gitenstein, Sorin Mindrutescu Appointed To Proprietatea Fund’s Board Of Nominees
Romanian investment fund Fondul Proprietatea (FP.RO) has approved the appointment of Mark Gitenstein and Sorin Mindrutescu as member of its Board of Nominees, the fund said in a statement Th...