24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Transelectrica Expects 2013 Profit To Fall On Tax Charge
Romanian state-run power grid operator Transelectrica (TEL.RO) estimates its pretax profit will fall 5% on the year in 2013, hurt by a newly introduced tax on natural monopoly in the energy...
Leu Reverses Gains Vs Euro, Exchange Rate At 4.4179
Romania’s leu lost its modest advance versus the euro by midday Tuesday and the central bank’s reference weakened to 4.4179 units, from 4.4143 units a day earlier.
Dafora Starts Drilling At Rompetrol’s Field In Zegujani
Romanian Dafora Medias (DAFR.RO) started drilling an exploration well in the southwestern county of Gorj, the company said in a statement Tuesday.
Leu Slightly Up Vs Euro In Morning Trade
Romania’s leu inched higher against the euro Tuesday morning and traded just above 4.41 units, amid low volumes.
INS: February Industrial Prices +0.3% On Month, +5.4% On Year
Romania’s industrial producer price index inched up 0.3% in February compared with a month earlier, fueled by higher energy prices, the country’s statistics institute INS said Tuesday.
Romania Jobless Rate Inches Higher In February
Romania's unemployment rate inched up to 6.7% in February, from 6.6% a month earlier, seasonally adjusted data from the statistics institute INS showed Tuesday.
Adjusted Retail Sales Down 2% On Month In February
Romanian adjusted retail sales fell 2% in February from the earlier month, on lower sales across the board, the statistics institute INS said Tuesday.
BNR: Deposits In Bank of Cyprus Romania Protected By Local Law If Ownership Changes
A potential change of ownership at Bank of Cyprus Romania would place existing deposits in the bank under local legislation, an official of the central bank said Monday.
Leu Closes Modestly Up Vs Euro In Quiet Market
Romania’s leu inched higher against the euro in a sleepy session Monday and closed at 4.416/4.417 units, amid low volumes.
Transgaz Offering To Be Split Into Three Packages For Large, Small Investors
Romania’s planned secondary public offering of 15% in state-run natural gas transporter Transgaz (TGN.RO) will include three separate packages for corporate and retail investors, with small...
Rompetrol Rafinare Expects Narrower Loss In 2013
Romanian Rompetrol Rafinare (RRC.RO), the refining unit of the country's second-largest oil group Rompetrol, expects its loss will narrow to $51.4 million in 2013, helped by higher sales.
Bank of Cyprus Temporarily Shuts Down Romanian Unit Pending Sale
Bank of Cyprus will close its Romanian subsidiary for one week effective today and will use this period to find a solution to sell the unit, Bank of Cyprus Romania said in a statement Monday...