24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu’s Exchange Rate Dips To 4.3944 Vs Euro
The Romanian leu edged lower against the euro by midday Wednesday and the central bank’s reference weakened slightly to 4.3944 units, from 4.3918 units a day earlier.
ECB Recommends Romania Central Bank Pay A Lower Profit Tax
The European Central Bank is recommending the Romanian authorities levy the standard 16% flat tax on profit reported by the country’s central bank instead of the 80% rate currently taxed, wh...
Bucharest Stocks Close Up On Growing Volumes
The Bucharest market closed higher for a third straight day Tuesday, with energy and financial stocks taking the spotlight amid growing liquidity.
Leu Firms To 12-Month High Of 4.3835 Vs Euro In Late Trading
Romania’s leu strengthened to its highest level in the last year during late trading hours Tuesday, helped by growing sell orders for euros.
Dan Sova Resigns After Four Months In Office
Romanian Transport Minister Dan Sova on Tuesday stepped down from his position, after just four months in office.
Trade Registry: Company Insolvencies Down 13.5% On Year In January-May
Romania's Trade Registry on Tuesday said 11,030 companies filed for insolvency in the first five months of the year, down 13.5% from 12.747 companies in the year-earlier period.
Leu’s Exchange Rate Appreciates Slightly, To 4.3918 Vs Euro
The Romanian leu continued to move in a tight range against the euro by midday Tuesday and the central bank set a reference rate for the local currency of 4.3918 units, 0.1% stronger from 4....
NEPI Seeks To Increase Capital By EUR12M
South-African investment fund New Europe Property Investment (NEP.RO) Monday said it plans to raise EUR11.88 million through the issue of new shares.
Romania Gets No Bids At RON30M Non-competitive Bond Auction
Romania’s Finance Ministry Tuesday failed to attract any bids at a supplementary non-competitive tender for its April 2023-dated bond reopened yesterday, central bank data showed.
Olteanu: Lending Activity Set To Pick Up; Banks Need Profits
Romanian central bank deputy governor Bogdan Olteanu said Tuesday that lending activity should start to recover as banks need to replenish their reserves following a balance-sheet cleanup an...
Electrica IPO Fully Subscribed In 6 Days
The initial public offering of 51% in state-run energy company Electrica SA has been fully subscribed two days before the completion date, while Bucharest-listed stocks closed slightly highe...
Leu Inches Higher Vs Euro In Dull Trading
Romania’s leu advanced modestly against the euro in late trade Monday to finish the session at 4.3925/4.393 units, from 4.3941/4.396 units in the previous day.