24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Condmag, Transgaz Ink RON15.4M Pipeline Deal
Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) has won a 15.4 million lei (EUR3.4 million) contract to supply a pipeline to state-run natural gas transporter Transgaz Medias (TGN.R...
Upet Borrows Funds To Finance Working Capital
Romanian oilfield equipment maker Upet Targoviste (UPET.RO) Tuesday said it will borrow $5 million from UniCredit Tiriac Bank and another EUR2.3 million from Raiffeisen Bank to finance worki...
Leu Ends Flat Vs Euro In Sleepy Session
Romania’s leu continued to hover around 4.535 against the euro in late trade Tuesday and closed flat on the day, amid reduced interest from investors.
Quest Advisors To Recruit New Executives For Romanian Lottery
Romanian authorities hired local interim management company Quest Advisors to recruit new executives for the National Lottery Company, market participants said Tuesday.
Hidroelectrica To Invest In Solar, Wind Energy
Romanian insolvent energy producer Hidroelectrica plans to invest around EUR200 million in seven hydropower plants in 2013 and to start construction of several solar and wind parks, whose co...
Leu In Ranges Vs Euro, Exchange Rate At 4.5342
Romania’s leu moved in a tight range against the euro by midday Tuesday and the central bank’s reference strengthened modestly to 4.5342 units, from 4.5349 units a day earlier.
Leu Dips Vs Euro On Low Volumes
Romania’s leu weakened slightly against the euro in late trade Monday, closing at 4.536/4.539 units, amid low volumes.
Romania Central Bank Caps Repo For Seventh Week In A Row
Romania’s central bank capped its repurchasing operation for the seventh consecutive time Monday, limiting the repo ceiling to 6 billion lei (EUR1.32 million), same as last week.
Romania Sells RON406M 2-Year Bonds At 6.42% Yield
Romania’s Finance Ministry sold 406.6 million lei (EUR89.6 million) at a two-year bond auction Monday, slightly below the planned amount, at an average annual yield of 6.42% a year, higher t...
Leu Stable Vs Euro, Exchange Rate At 4.5349
Romania’s leu traded in a narrow range against the euro by midday Monday and the central bank’s reference advanced modestly to 4.5349 units, from 4.5376 units in the previous session.
Hidroelectrica Sells RON35.6M Worth Of Electricity
Romanian power producer Hidroelectrica Friday sold electricity worth 35.6 million lei (EUR7.8 million) on the local energy exchange OPCOM, after having raised roughly RON220 million at sever...
Chimpex Switches To 9-Month Loss Of RON1.5M
Romanian port operator Chimpex Constanta (CHEM.RO) Friday said it has switched to a loss of 1.48 million lei (EUR0.32 million) in the first nine months from profit a year earlier, despite hi...