24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Mechel Sells Romanian Assets For RON230
Russia’s steel giant Mechel Tuesday said it has sold its Romanian assets to local company Invest Nikarom SRL for a nominal sum of 230 lei (around EUR50).
Leu Ends Higher Vs Euro, Attuned To Region
Romania’s leu rose against the euro in late trade Tuesday, tracking the currencies in the region, and closed 0.2% stronger on the day at 4.375/4.377 units.
Hidroelectrica Posts Pretax Profit Of RON49M In January
Romania’s insolvent power company Hidroelectrica Tuesday reported a pretax profit of 49 million lei (EUR11.2 million) in January, up from RON36 million a month earlier.
Leu Stable Vs Euro, Exchange Rate At 4.3842
Romania’s leu was stable against the euro by midday Tuesday and the central bank’s reference advanced slightly to 4.3842 units, from 4.387 units a day earlier.
Lukoil Shuts Down Romanian Refinery For Planned Overhaul
Romanian refinery Petrotel-Lukoil, a unit of Russia’s second-largest oil group Lukoil, will be shut down for a scheduled overhaul between February 20 and April 12, Lukoil said in a statement...
Leu Ends Flat Vs Euro In Quiet Session
Romania’s leu was stable against the euro Monday and closed roughly flat on the day, amid low volumes and reduced interest from investors.
ANZAG Paid EUR35.5M For Farmexpert Stake In 2012
Germany’s ANZAG in 2012 paid EUR35.5 million for an additional 20% in Romanian pharmaceuticals wholesaler Farmexpert, the company said in a report.
Romania Sells RON500M 1-Year Bills At 5.57% Average Yield
Romania’s Finance Ministry on Monday sold a planned 500 million lei (EUR114 million) in one-year treasury bills, at an average yield of 5.57% a year, marginally higher than at the previous a...
BNR Lowers Repo Ceiling To RON9B
Romania’s central bank Monday lowered the cap on its weekly repurchasing agreement operation to 9 billion lei (EUR2.05 billion), from RON11 billion in the previous week.
Rompetrol Mulls Buying Back 25% In Oil Refinery; State Considers Auction - Sources
Romania is considering selling its shares in oil refinery Rompetrol Rafinare (RRC.RO) via open auction, with Rompetrol reportedly seeking to buy back a 25% stake, people close to the matter...
Leu In Ranges Vs Euro, Exchange Rate At 4.387
Romania’s leu traded in narrow ranges against the euro by midday Monday and the central bank’s reference strengthened marginally to 4.387 units, from 4.3885 units in the previous session.
APIA: Car Sales Down 38% On Month In January
Romanian new passenger car sales fell 37.6% to 3,334 units in January, from 5,345 units a month earlier, the Automotive Manufacturers and Importers Association, or APIA, said Monday.