24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu In Ranges Vs Euro In Early Action
Romania’s leu moved in a tight range against the euro in early trade Friday, amid reduced liquidity.
Leu Ends Flat Vs Euro On Suspected Ctrl Bank Intervention
Romanian leu closed flat against the euro Thursday, after gaining over 1% yesterday, with market participants saying the central bank has stepped in bought euros to limit the currency’s appr...
Romania Sells RON3.1B 5-Year Bonds; Yield Hits All-Time Low Of 5.4%
Romania’s Finance Ministry on Thursday sold 3.1 billion lei (EUR715 million) of five years bonds, sixfold the planned amount, as the average yield dropped to a record low of 5.4% a year.
ArcelorMittal Galati To Increase Footprint In Wind Turbine Market
Romanian steelmaker ArcelorMittal Galati has adjusted its heavy plate production to meet the requirements of wind turbine producers in a bid to increase its footprint in the lucrative local...
Hidroelectrica Eyes RON430M Net Profit In 2013
Romanian power producer Hidroelectrica estimates it will swing to a net profit of 430 million lei (EUR99.2 million) in 2013, versus losses a year earlier, the company’s legal administrator E...
World Bank Makes Available EUR1B Line Of Credit To Romania
The World Bank last week has made EUR1 billion in credit available to Romania as per an agreement signed in the summer of 2012, said Francois Rantrua, World Bank country manager for Romania...
Hidroelectrica Fires Managers, Eyes Competition For Open Jobs
The managers of Romanian insolvent power producer Hidroelectrica have been dismissed from their positions Thursday as part of a larger reorganization process, Hidroelectrica’s legal administ...
Hidroelectrica Sacks 154 Staff As Part Of Reorganization
Romanian insolvent energy producer Hidroelectrica has given notice of termination of employment to 154 staff and slashed another 161 vacant positions as part of a reorganization program aime...
Leu Closes 1.3% Stronger Vs Euro
Romanian leu advanced versus the euro Wednesday and closed 1.3% stronger on the day, extending yesterday’s gains in international trade following JP Morgan’s decision to include Romanian bon...
Pambac Bacau Sold In Undisclosed Deal
Romanian chemical fertilizer wholesaler Comfert and grain trader Popasul Trebes have completed the acquisition of bread and bakery producer Pambac SA, one of the country’s top companies in t...
Leu Exchange Rate Firms To 1-Year High Of 4.3364 Vs Euro
Romania’s leu extended its earlier advance against the euro by midday Wednesday, following JP Morgan’s decision to include Romanian bonds in its emerging-market government bond index, and th...
SIF Transilvania 2012 Net Profit Hits Record High Of RON212M
Romanian regional investment funds SIF Transilvania (SIF3.RO) posted a record net profit of 212.4 million lei (EUR47.6 million) in 2012, mainly fueled by revenue from sales of shares in lend...