24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Proprietatea Fund 10-Month Net Profit Up To RON571.3M
Romanian investment fund Fondul Proprietatea (FP.RO) Thursday said its net profit rose 7.1% to 571.3 million lei (EUR126 million) in the first ten months, from RON533.4 million a year earlie...
Leu Down Vs Euro In Early Trade
Romania’s leu opened lower against the euro Thursday, with dealers suspecting a covert intervention from the central bank in early action to support the currency.
Alro 9-Month Net Profit Falls To RON79M As Demand Falters
Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, Thursday said its net profit fell almost threefold on the year to 78.8 million lei (EUR17.7 million) in the...
SIF Oltenia January-September Revenue Up 4.6% To RON102M
Romanian regional investment fund SIF Oltenia (SIF5.RO) Wednesday said its revenues increased 4.6% to 102.4 million lei (EUR23.1 million) in the first nine months, from roughly RON98 million...
Mechel Targoviste 9-Month Loss Narrows To RON78M
Romanian steel maker Mechel Targoviste (COS.RO) Wednesday said its loss narrowed 12.6% to 78 million lei (EUR17.6 million) in the first nine months, from RON89.2 million a year earlier.
Hidroelectrica Sells RON118M Worth Of Electricity
Romania’s insolvent power producer Hidroelectrica Wednesday sold 118.1 million lei (EUR26 million) worth of electricity on the local market OPCOM, energy exchange data showed.
Fitch Affirms Romania's BCR And BRD At 'BBB+', Garanti Bank At 'BB+'
Fitch Ratings Wednesday affirmed its long-term issuer default ratings on Romanian banks Banca Comerciala Romana and BRD-Groupe Societe Generale at ‘BBB+’ and on Garanti Bank Romania at ‘BB+’...
Sales Of Cars In Romania Continue To Dive. Just 60,000 Units Sold In Ten Months
Romanian new passenger car sales fell 23.3% on the year to 60,446 units in the January-October period, from 78,846 units in the year-earlier months, the Automotive Manufacturers and Importer...
Electrica Eyes EUR449M Deal With Enel For Minority Stakes In Two Units
Romanian state-run energy company Electrica plans to sell stakes of 13.57% each in two power suppliers to Italian utility Enel in a bid to raise EUR448.2 million, the government said Wednesd...
TMK-Artrom 9-Month Net Profit Falls 24% On Year
Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, posted a net profit of 46.4 million lei (EUR16 million) in the January- September period, 24% lower on the...
Biofarm Net Profit Rises To RON17.3M In January-September
Romanian drugmaker Biofarm (BIO.RO) Monday said its net profit rose 26.2% to 17.35 million lei (EUR3.9 million) in the first nine months, helped by higher sales.
Rompetrol Rafinare 9-Month Loss Widens To $115M
Romanian Rompetrol Rafinare (RRC.RO), the refining unit of the country's second-largest oil group Rompetrol, Wednesday said its net loss widened slightly to $115 million in the first nine mo...