24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania To Select Broker For CE Oltenia IPO On April 15
Romanian state-run energy holding CE Oltenia has started proceedings to select a broker that would help with the listing of 12% of its shares on the Bucharest Stock Exchange, the company sai...
Marfin Bank Romania Has Solid Financials, Says Cinteza
Marfin Bank Romania, the local unit of Cyprus Popular Bank, has a solid financial position and it doesn’t rely on liquidity from the mother bank, the head of Romanian central bank’s supervis...
Leu Ends Higher Vs Euro On Cyprus Optimism
Romania’s leu strengthened against the euro Monday, in line with the currencies in the region amid investor relief following the Cyprus’ announcement that it has reached an agreement for a E...
Garanti Bank Expects Romanian GDP To Grow 1.7% In 2013
Romania’s economy will likely increase by 1.7% in 2013, from a meager growth of 0.3% a year earlier, helped by stronger investments and a higher absorption rate of European funds, according...
Leu Widens Gains Vs Euro, Exchange Rate Firms To 4.4154
Romania’s leu extended earlier gains versus the euro by midday Monday, tracking the currencies in the region, while the central bank’s reference strengthened 0.3% to 4.4154 units, from this...
BNR Pumps RON3.5B Into Market Following Repo Auction
Romania's central bank Monday pumped 3.53 billion lei (EUR797 million) into the money market via a one-week repurchasing agreement operation, well above the RON247.4 million injected a week...
Leu Ends Lower Vs Euro On Cyprus Concern
Romania’s leu recovered part of its earlier loss against the euro in late trade Friday, but closed weaker on the day, with investors showing caution ahead of a decision of Cyprus lawmakers r...
SIF Banat-Crisana Mulls Bid For Majority Stake In Romanian Postal Company
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Friday announced plans to attend an auction for the sale of 51% in state-run postal company Posta Romana.
Leu Exchange Rate Hits 2013 Low At 4.4286 Vs Euro
The exchange rate of the Romanian leu weakened to its lowest level this year of 4.4286 against the euro Friday, amid a negative sentiment in the region due to uncertainty regarding the situa...
Leu Weakens Toward 4.43 Vs Euro In Early Trade
Romania’s leu weakened toward 4.43 against the euro in early action Friday, tracking the currencies in the region, with investors keeping a close eye to Cyprus as the country’s government is...
Hidroelectrica Sells RON54M Worth Of Electricity
Romanian power producer Hidroelectrica Friday sold electricity worth 53.69 million lei (EUR12.12 million) on the local energy exchange OPCOM, the company said in a statement.
ArcelorMittal Hunedoara 2012 Loss Almost Doubles To RON37.6M
Romanian steelmaker ArcelorMittal Hunedoara (SIDG.RO) Thursday said its loss nearly doubled on the year to 37.6 million lei (EUR8.4 million) in 2012, hurt by lower prices and unfavorable mar...