24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Vosganian: Two Of Mechel’s Former Steel Plants To Resume Production In March
Bucharest-based Invest Nikarom, the new owner of Mechel’s former steel plants in Romania, plans to restart production at two of the four facilities in March, Economy Ministry Varujan Vosgani...
Leu Recovers Vs Euro, Exchange Rate At 4.378
Romania’s leu recovered against the euro by midday Friday, tracking the currencies in the region, and the central bank’s reference strengthened 0.2% to 4.378 units, from 4.3863 units a day e...
EU Sees Romania Economy Growing 2.5% In 2014
The European Commission expects Romanian economic growth will accelerate to 2.5% in 2014 after a modest increase of 1.6% this year, mainly fueled by domestic demand.
Hidroelectrica Plans 12.5% Capital Share Boost
Romania’s state-run power producer Hidroelectrica plans to increase its share capital by 12.49% and to launch an initial public offer of 10% of the resulting stock, according to a draft deci...
Bucharest Stocks Flat In Early Action
Bucharest shares were mostly flat Friday morning, with financial companies taking lead of a lifeless trade.
Leu Inches Lower Vs Euro In Early Trade
Romania’s leu edged lower against the euro in early action Friday, amid low volumes.
OMV Petrom, Spain’s Repsol Ink Deal For Deep Onshore Exploration In Romania
Romania’s leading oil group OMV Petrom (SNP.RO) and Spanish peer Repsol have reached an agreement for the joint exploration of four onshore blocks in the southern and eastern Carpathian Moun...
ArcelorMittal Galati Buys 1.86 TWh Of Electricity For RON337M
Romanian steelmaker ArcelorMittal Galati has purchased 1.86 terawatt-hours of electricity from state-run nuclear power company Nuclearelectrica for 337.1 million lei (EUR76.8 million), data...
Leu Closes Down Vs Euro In Thin Trade
Romania’s leu retreated against the euro Thursday and closed slightly weaker on the day, amid low volumes and thin appetite from investors.
Romania Sells RON800M 5-Year Bonds; Yield Falls To 5.65%
Romania’s Finance Ministry on Thursday sold a planned 800 million lei (EUR183 million) of five years bonds, at an average yield of 5.65% a year, lower than at the previous auction.
Leu Exchange Rate Weakens To 4.3863 Vs Euro
Romania’s leu extended earlier losses against the euro by midday Thursday and the central bank’s reference weakened 0.2% to 4.3863 units, ending a three-day appreciation streak.
Petrom To Tear Down Arpechim Refinery If No Buyer Steps Forward
Romanian oil and gas group OMV Petrom (SNP.RO) Thursday said it will dismantle its unprofitable Arpechim refinery unless it can find a suitable buyer.