24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
EBRD Buys Electrica Stock Worth EUR75M To Become 2nd Largest Shareholder
The European Bank for Reconstruction and Development has become the second-largest shareholder in Romanian state-run energy company Electrica SA after it purchased EUR75 million worth of sha...
Leu Ends Flat At 4.39 Vs Euro
The Romanian leu closed at 4.388/4.391 per euro after moving in a narrow band during the trading session Friday, amid modest volumes.
Romania Central Bank Swings To RON1.25B Loss In 2013
The Romanian central bank reported a net loss of 1.25 billion lei (some EUR285 million) in 2013, versus profit a year earlier, hurt by losses from monetary policy operations and higher costs...
ANRE: Household Electricity Prices To Drop 2.6% As Of July 1
Electricity prices for Romanian households are expected to fall by 2.6% on average as of July 1, mainly following a 46% reduction of the cogeneration tax, the country’s energy watchdog ANRE...
Raiffeisen Investment Romania Closes
Raiffeisen Investment Romania, a unit of Austria’s Raiffeisen Bank International AG, will close down as of July 1 under a reorganization strategy implemented at group level, Managing Directo...
Electrica Raises RON1.95B In Public Stock Offering
Romanian state-run electricity distributor and supplier Electrica SA has raised 1.95 billion lei (EUR444.3 million) in an initial public offering of 51% of its shares ended June 25, the brok...
Leu Steady Vs Euro, Exchange Rate At 4.3888
The Romanian leu was stable against the euro during the first half of the trading session Friday and the central bank set a reference rate for the local currency of 4.3888 units, slightly we...
Retail Investors Get More Shares In Electrica IPO
Romania’s energy company Electrica SA has reallocated around 6% of the total shares offered under its initial public offering to the retail tranche from the corporate tranche, following the...
Natural Gas Price For Corporate Consumers Kept At April Levels
The Romanian government Thursday said domestic natural gas prices for corporate consumers will remain unchanged at the April level, following a report from the energy watchdog ANRE showing t...
Bucharest Stocks Close Mixed As Investors’ Appetite Drops
Bucharest stocks were mixed at Thursday’s close, as investor interest died down after state-run energy company Electrica completed an initial public offering of 51% of its shares.
Antibiotice Iasi Extends RON60M Loan Into 2015
Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) will extend by one year its 60 million lei (some EUR13 million) credit line signed with EximBank in July 2013, according to a sharehold...
Leu Ends Higher Vs Euro In Quiet Market
Romania’s leu advanced against the euro in a quiet market Thursday to finish the session below 4.39 to the euro, amid average volumes.