24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu’s Exchange Rate Firms To 5-Week High Of 4.3663
Romania’s leu moved higher against the euro by midday Friday and the central bank’s reference strengthened 0.2% to 4.3663 units, a fresh record high in the past five weeks.
Bucharest Stocks Mixed In Early Session
The Bucharest shares traded mixed during early hours Friday morning, with lender Banca Carpatica (BCC.RO) and financial companies gaining ground despite low volumes.
Leu Stable Vs Euro In Early Action
Romania’s leu moved in a tight range against the euro in early trading session Friday, amid lower-than-average volumes.
Banca Transilvania, Raiffeisen Bank’s Offers To Buy Bank Of Cyprus Romania Rejected
The Cypriot central bank has rejected two offers filed by Romanian bank Banca Transilvania (TLV.RO) and Austria’s Raiffeisen Bank to purchase the local unit of Bank of Cyprus, people familia...
Leu Ends Lower Vs Euro In Lackluster Trade
Romania’s leu weakened slightly against the euro in a sleepy session Thursday, amid average volumes.
Fitch Affirms Romania At BBB-, With Stable Outlook
Fitch Ratings Thursday affirmed Romania’s long-term foreign currency default rating at BBB-, with stable outlook, as a poor growth outlook and structural shortcomings hindered a potential up...
Companies Under Economy Ministry’s Umbrella Privatized By 2016
Romanian Economy Minister Varujan Vosganian Thursday said he wants to privatize all companies in the ministry’s portfolio by the end of the government’s mandate in 2016, with the exception o...
Vrancart Eyes 6% Higher Revenue In 2013
Romanian paper and cardboard maker Vrancart Adjud (VNC.RO) estimates its revenues will increase 6.2% to about 198 million lei (EUR45.2 million) in 2013, from RON186.4 million a year earlier.
Romania Sells RON500M 5-Year Bonds At 5.1% Average Yield
Romania’s Finance Ministry on Thursday sold a planned 500 million lei (EUR114.3 million) in the reopening of its November 2018 bond, at an average yield of 5.09% a year, lower than at the pr...
BNR OKs Johan Gabriels As Banca Carpatica CEO
Romania’s central bank has authorized the appointment of Johan Gabriels as chief executive officer of lender Banca Comerciala Carpatica (BCC.RO), the latter said in a statement Thursday.
Leu Retreats Vs Euro, Exchange Rate At 4.3747
Romania’s leu continued to retreat against the euro in mid-session Thursday and the central bank’s reference weakened to 4.3747 units, from a five-week high of 4.3668 units a day earlier.
Greece’s Piraeus Confirms Sale Of ATE Bank Romania For EUR10.3M
Greece’s Piraeus Bank has sold its 93.27% stake in ATE Bank Romania to local businessman Dorinel Umbrarescu for EUR10.3 million, the Greek lender said in a statement Thursday.