24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Coface Expects Romania GDP Growth To Slow To 0.5% In 2012
Romanian economic growth will likely slow down to 0.5% or even stagnate in 2012, followed by a modest recovery in 2013, according to estimates of Coface rating agency.
Leu Dips Vs Euro On Low Volumes
Romania’s leu weakened modestly against the euro in late trade Monday and closed slightly below 4.53 units, amid low volumes.
Romania Sells RON800M 1-Year Bills At 6.13% Average Yield
Romania’s Finance Ministry sold a planned 800 million lei (EUR177 million) at a one-year bills auction Monday, at an average annual yield of 6.13% a year.
BNR Injects RON6B Into Market; Demand Climbs To Record RON24.3B
The Romanian central bank Monday pumped 6 billion lei (EUR1.32 million) into the money market via a one-week repurchasing agreement operation at an interest rate of 5.25% a year, equal to th...
Leu In Ranges Vs Euro, Exchange Rate At 4.5219
Romania’s leu traded around 4.52 against the euro by midday Monday and the central bank’s reference advanced marginally to 4.5219 units, from 4.522 units in the previous session.
Garanti Bank Romania Increases Capital By EUR20M
Garanti Bank Romania increased its share capital by EUR20 million through cash subscription from its mother-bank Turkiye Garanti Bankasi (TGB), the lender said in a statement Monday.
BNR Ups Repo Ceiling To RON6M
Romania’s central bank (BNR) capped its repurchasing operation for the sixth consecutive week Monday, but has increased the repo ceiling to 6 billion lei (EUR1.32 million), from RON4 billion...
Compa Sibiu 9-Month Net Profit Rises To RON21.2M
Romanian car parts manufacturer Compa Sibiu (CMP.RO) Monday said its net profit rose 70% to 21.2 million lei (EUR4.7 million) in the first nine months, from RON12.5 million in the year-earli...
Leu Inches Lower Vs Euro In Early Trade
Romania’s leu edged lower against the euro Monday morning, with dealers suspecting a covert intervention in the market from the central bank to keep the currency from weakening too much.
UAMT Oradea Net Profit Rises To RON1.8M In January-September
Romanian car parts maker UAMT Oradea (UAM.RO) Monday said its net profit rose eightfold on the year to 1.82 million lei (EUR0.4 million) in the first nine months, fueled by higher sales.
Transgaz 9-Month Net Profit Falls 24% To RON215.2M
Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Monday said its net profit fell 24.2% on the year to 215.2 million lei (EUR48 million) in the first nine months, due...
Romania Annual Inflation Slows To 4.96% In October
Romanian consumer prices inched up 0.29% on the month in October, but the annual inflation slowed for the first time in five months to 4.96%, from this year’s high of 5.33% in September, off...