24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
ECB: Romania Non-Banking Exposure To Cyprus At EUR100M
The exposure of Romanian individuals and non-financial companies to Cypriot banks reached approximately EUR100 million at the end of 2012, according to data from the European Central Bank.
Leu Ends Slightly Higher Vs Euro In Dull Trade
Romania’s leu edged higher against the euro in late trade Thursday and closed slightly below 4.42 units, amid low volumes, with investors concerned about Cyprus’ ability to avoid defaulting...
Erste Asset Management Romania Mulls EUR1B In Assets By End-June
Erste Asset Management, Romania’s largest fund administrator, estimates its assets will exceed EUR1 billion by the end of June, general manager Dragos Neacsu said Thursday.
Romania Sells RON500M 10-Year Bonds; Yield Rises To 5.81%
Romania’s Finance Ministry on Thursday sold a planned 500 million lei (EUR113 million) in 10-year treasury bonds, but the average yield rose to 5.81% a year, from a record low of 5.71% a yea...
EU Takes Romania To Court Over Energy Policy Failures
The European Commission Thursday said it has referred Romania to the EU’s Court of Justice for failing to fully transpose community energy market rules into national law, with a proposed pen...
Leu Exchange Rate Weakens To Fresh 10-Week Low Of 4.4219 Vs Euro
Romania’s leu moved in a tight range against the euro by midday Thursday, amid uncertainty regarding the situation in Cyprus, while the central bank’s reference weakened to 4.4219 units, a n...
SIF Transilvania Expects 29% Lower Profit In 2013, Hit By Higher Costs
Romanian regional investment fund SIF Transilvania (SIF3.RO) expects its net profit to fall 29% to 150 million lei (EUR34 million) in 2013, on higher investment costs, the fund said in its d...
Zentiva Romania Proposes 40% Lower Dividend For 2012
Pharmaceuticals company Zentiva Romania (SCD.RO) Wednesday proposed paying out its shareholders a gross dividend of 0.048 lei (EUR0.0108) a share from the 2012 profit, 40% lower on the year.
Enel Romania: Households Face Higher Electricity Bills, Small Companies To Pay Less
Romania’s planned deregulation of electricity tariffs will lead to higher costs for household consumers, but the duration of the process will make the impact less severe, the head of utility...
Leu Ends Down Vs Euro On Negative Sentiment
Romania’s leu weakened slightly against the euro Wednesday, tracking the currencies in the region amid concern over the situation in Cyprus.
SIF Oltenia Expects Net Profit To Rise Modestly In 2013
Romanian regional investment fund SIF Oltenia (SIF5.RO) estimates its net profit will rise 2.2% to 90.32 million lei (EUR20.4 million) in 2013, from RON88 million a year earlier, the fund sa...
Enel Romania 2012 EBITDA Rises To EUR231M
Enel Romania Wednesday said its earnings before interest, taxes, depreciation and amortization, or EBITDA, rose 12.6% on the year to EUR231 million in 2012, fueled by higher revenues.