24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Metrorex Mulls Buying Electricity Worth RON89M
Bucharest subway operator Metrorex will organize an open auction to purchase approximately 175,000 megawatt-hours of electricity, the company said in a statement.
BNR: Overdue Loans Rise To RON30.1B In February
Romanian overdue private loans rose 2.85% on the month to 30.1 billion lei (EUR6.83 billion) in February, amounting to roughly 13.4% of the total lending, central bank data showed Wednesday.
Leu Up Vs Euro, Exchange Rate At 4.4032
Romania’s leu advanced against the euro by midday Wednesday and the central bank’s reference firmed for a third straight session to 4.4032 units, from 4.4111 units a day earlier.
OMV Petrom Shuts Down Brazi Power Plant Due To Cold Weather
Romanian leading oil company OMV Petrom (SNP.RO) Wednesday said it had to shut down its thermal power plant in Brazi because of low natural gas pressure following an unseasonal cold snap.
CEZ: Oltenia Could Be Powered Entirely By Sun
Romania’s southwestern region of Oltenia could derive its energy from solar projects alone, the head of power supplier CEZ Distributie said Wednesday.
TBI Financial Services Opens Bank In Romania, Eyes EUR100M In Assets By Year-end
Dutch financial group TBI Financial Services last week opened its first bank in Romania and targets total assets of over EUR100 million by the end of the year.
Leu Firms Vs Euro In Quiet Market
Romania’s leu strengthened against the euro in a quiet market Tuesday, as investors showed relief after Cyprus secured a EUR10 billion international bailout.
Rompetrol To Invest Over $10M In Zegujani Oil Field In 2013
Romania’s second largest oil group Rompetrol will invest over $10 million in drilling works at its Zegujani onshore field in the southwestern counties of Mehedinti and Gorj, the company said...
Lazea, BNR: Romania Has Highest Household Debt To Disposable Income Ratio In Europe
Romania has the highest household debt to disposable income ratio in Europe, of around 20%, well above the ratios in Germany, France or Italy, a central bank official said Tuesday.
Leu Exchange Rate Strengthens To 4.4111 Vs Euro
Romania’s leu reversed earlier losses against the euro by midday Tuesday and the central bank’s reference strengthened for the second consecutive day to 4.4111 units, from 4.4154 units in th...
Romania Runs Budget Deficit Of RON2.44B In Jan-Feb
Romania’s consolidated budget posted a deficit of 2.44 billion lei (EUR552 million) in the first two months, equal to 0.39% of the gross domestic product, Finance Ministry data showed Tuesda...
Volksbank: New FX Lending Regulations To Cap SME Access To Funds
Romanian small and medium-sized companies will have limited access to foreign currency loans once the central bank’s new regulations are in place, an official of Volksbank Romania said Tuesd...