24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Gains Ground Vs Euro In Morning Session
The Romanian leu advanced modestly against the euro in early action Wednesday, extending yesterday’s gains amid growing foreign currency sales from non-residents.
Leu Ends Modestly Higher Vs Euro In Quiet Market
Romania’s leu recovered against the euro in late trade Tuesday and closed slightly stronger on the day, after a calm session.
Erste Maintains Romania GDP Growth Forecast At 1.1% In 2013
Austria’s lender Erste Group Bank AG (EBS.RO) Tuesday maintained its forecast on the Romanian economic growth unchanged at 1.1% in 2013, saying possible falling exports to foreign markets, a...
Erste Group Expects Romanian Unit To Make Profit In 2013
Austrian Erste Group Bank (EBS.RO) will likely make a profit in Romania this year as restructuring progress at its subsidiary is in line with expectations, the bank’s chief Andreas Treichl s...
Small Investor Demand For Transgaz SPO Exceeds Available Supply Three Times
A secondary public offering of 15% in Romanian state-run natural gas transporter Transgaz drew hefty demand from small investors in the first three days of the issue, with subscriptions exce...
Leu Exchange Rate Steady At 4.4099 Vs Euro
Romania’s leu was stable against the euro by midday Tuesday and the central bank set a reference rate of 4.4099 to the euro, barely changed from 4.4098 to the euro a day earlier.
Romania Jobless Rate Slightly Down To 5.58% In March
Romania's unemployment rate inched down to 5.58% in March, from 5.78% a month earlier, the country’s employment agency ANOFM said Tuesday.
Leu Inches Lower Vs Euro In Early Action
Romania’s leu edged lower against the euro Tuesday morning and traded slightly above 4.41 units, amid a quiet market.
Romania February Trade Deficit Shrinks To 10-Year Low
Romania’s trade deficit narrowed in February to its lowest monthly level in 10 years, with exports rising significantly faster than imports, the country’s statistics institute INS said Tuesd...
Romania Adjusted Industrial Output Up 1% In February
Romanian adjusted industrial production rose 1% in February compared with a month earlier, on higher output in manufacturing, the country’s statistics institute INS said Tuesday.
BCR Denies Interest In Acquiring Bank of Cyprus Romania
Romania’s largest bank Banca Comerciala Romana, or BCR, said it has no interest in acquiring the local unit of Bank of Cyprus, dismissing market rumors on a possible deal.
Leu Firms Vs Euro On Foreign Currency Sales
Romania’s leu advanced against the euro Monday, helped by foreign currency sales from non-residential investors, and closed 0.25% stronger on the day at 4.4065/4.409 units.