24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
OMV Petrom Sells RON93.5M Worth Of Electricity On OPCOM Market
Romania’s leading oil company OMV Petrom (SNP.RO) has sold electricity worth 93.5 million lei (EUR20.74 million) on the local energy exchange OPCOM, slightly below the planned amount, exchan...
Hidroelectrica Mulls EUR130M Investment In Hydropower Plants By 2016
Romanian insolvent energy producer Hidroelectrica plans to invest EUR130 million in several micro-hydropower plants by 2016 to diversify its revenue sources, the company’s designated adminis...
Leu Ends Higher Vs Euro In Quiet Market
R0mania’s leu advanced against the euro in a quiet market Wednesday and closed stronger on the day at 4.527/4.5275 units.
Households To Pay By 19.4% More For Domestic Gas By End 2014
Romanian domestic natural gas prices will increase by 19.4% for both thermal energy producers and household consumers by the end of 2014, according to a draft decision from the Economy Minis...
EBRD Extends EUR50M Financing For Two Romanian Wind Farms
The European Bank for Reconstruction and Development is lending EUR50 million to finance the operation of two wind farms in southeastern Romania, the bank said in a statement Wednesday.
SIBEX Expects RON1.6M Loss In 2012 As Costs Rise
Romania’s monetary and commodities exchange SIBEX has amended its 2012 revenue and expenditure budget to accommodate higher-than-expected spending, according to a shareholder decision.
Leu Widens Gains Vs Euro, Exchange Rate At 4.5317
Romania’s leu extended earlier gains versus the euro by midday Wednesday and the central bank’s reference strengthened to 4.5317 units, from 4.5388 units a day earlier.
Romanian Open-End Fund Assets Rise To RON8.65B In November
The combined net assets of Romanian open-end investment funds rose 1% to 8.65 billion lei (EUR1.92 billion) in November, from RON8.57 billion a month earlier, the Romanian Association of Ass...
EU Launches Inquiry Into OPCOM’s Practices
The European Commission has opened formal antitrust proceedings against Romania’s energy exchange OPCOM and state-run power grid operator Transelectrica (TEL.RO) over suspicions the exchange...
OTP Bank Romania Increases Capital To RON733M
OTP Bank Romania, the local unit of Hungary’s financial group OTP, has increases its share capital by some 50 million lei (EUR11 million) to RON732.9 million, the lender said in a statement...
Hidroelectrica Mulls Selling RON106M Worth Of Electricity
Romania’s insolvent energy producer Hidroelectrica plans to sell 482,000 megawatt-hours of electricity on the local energy exchange OPCOM in a bid to raise 106 million lei (EUR23.4 million),...
Leu Down Vs Euro, Exchange Rate At 4.5388
Romania’s leu weakened versus the euro by midday Tuesday and the central bank’s reference lost 0.1% on the day to 4.5388 units, from 4.5339 units in the previous session.