24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Coface: Romania Economy To Grow 1% In 2013
Romania's economy is expected to post modest growth of up to 1% in 2013, from around 0.5% a year earlier, held back by even exports and industrial production, according to estimates of Cofac...
ANRE: Gas Producers To Sell 45% Of Output Via Auction
Romanian state-run natural gas producers will have to sell via open auction 45% of the quantities extracted in 2013, according to an order of the country’s energy watchdog ANRE.
Romania May Exit EU’s Excessive-Deficit Procedure By June - FinMin
Romania’s harsh cost-cutting measures implemented in 2009-2011 are finally paying off and the country could exit the European Union’s excessive-deficit procedure in May or June this year, th...
Leu Ends Lower Vs Euro In Thin Trade
Romania’s leu weakened modestly against the euro Tuesday and closed just below 4.36 to the euro, amid low volumes.
Romania Raises EUR502.5M In Eurobond Sale; Yield Hits Record Low
Romania’s Finance Ministry Tuesday raised EUR502.5 million at its first euro-denominated bond sale of 2013, more than thrice the planned amount, with the average yield dropping to a record l...
GDF Suez: Romania’s Planned Tax On Natural Monopolies Should Be Passed To Consumers
Romania’s planned tax on natural monopolies will reduce the financing capacity of companies and hinder new investments, GDF Suez Energy Romania said Tuesday.
Leu Down Vs Euro, Exchange Rate At 4.3571
Romania’s leu inched lower against the euro by midday Tuesday, while the central bank’s reference weakened for the third day in row to 4.3571 units, from 4.3481 units in the previous session...
Farmaceutica Remedia Expects 8% Higher Sales To RON260M In 2013
Romanian pharmaceuticals wholesaler Farmaceutica Remedia Deva (RMAH.RO) estimates full-year sales will rise 8% to 260 million lei (EUR58 million) in 2013, with the opening of eight new units...
Romania Revises Down 2013 GDP Growth Forecast To 1.6%
Romania’s government Monday revised down its economic growth forecast to 1.6% in 2013, from 1.8% initially, according to this year’s draft budget.
Leu Dips Vs Euro On Higher Volumes
Romania’s leu retreated against the euro Monday and closed 0.3% weaker on the day, amid rising volumes.
Finance Ministry Sells RON300M 6-Month Bills At 5.5% Average Yield
Romania’s Finance Ministry on Monday sold a planned 300 million lei (EUR69 million) in six-month treasury bills, at an average yield of 5.53% a year, lower than at the previous auction.
BCR Sees RON238M Net Profit In 2013
Romanian leading bank BCR, a unit of Austria’s Erste Group Bank AG (EBS.RO), estimates a pretax profit of 250 million lei (EUR57.5 million) for the full-year 2013, according to the lender’s...