24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Industrial New Orders Up 12.4% On Month In September - INS
Romanian industrial new orders rose 12.4% on the month in September, fueled by higher demand in all sectors, data from the statistics institute INS showed Friday.
Romania January-September Trade Gap Widens To EUR7.1B
Romania’s trade deficit widened to EUR7.1 billion in the first nine months of 2012, from EUR6.9 billion in the year-earlier period, the country’s statistics institute INS said Friday.
Leu Ends Slightly Lower Vs Euro In Thin Trade
Romania’s leu weakened modestly against the euro Thursday and closed at 4.52/4.521 units, amid low volumes.
Albalact 9-Month Net Profit Falls 23% On Year
Romanian dairy maker Albalact Alba Iulia (ALBZ.RO) Thursday said its net profit fell 23% to 2.7 million lei (EUR0.6 million) in the first nine months, from RON3.5 million a year earlier.
Romania Sells RON500M 2-Year Bonds At 6.34% Yield
Romania’s Finance Ministry sold a planned 500 million lei (EUR110.7 million) at a two-year bond auction Thursday, at an average annual yield of 6.34% a year.
Hidroelectrica Resumes Electricity Auctions, Forgoes Down Payment
Romania’s insolvent power producer Hidroelectrica has rescheduled for November 14-20 a series of electricity auctions in a bid to raise 391 million lei (EUR86.7 million), while renouncing a...
OMV Petrom Shuts Down Brazi Power Plant For Scheduled Overhaul
Romania’s dominant oil company OMV Petrom (SNP.RO), controlled by Austria’s OMV, will shut down its thermal power plant in Brazi for a scheduled maintenance between November 9 and November 1...
Leu In Ranges Vs Euro, Exchange Rate At 4.5156
Romania’s leu traded around 4.52 versus the euro by midday Thursday and the central bank’s reference weakened slightly to 4.5156 units, ending an 11-session winning streak.
Romania Wants New Deal With IMF In 2013
Romanian President Traian Basescu Thursday said his country plans to obtain a new loan agreement with the International Monetary Fund once the existing one ends in April 2013.
IMF Sees Modest Growth In Romania In 2013
The International Monetary Fund estimates Romania will post only a modest economic growth in 2013, due to delays in EU fund absorption and implementation of structural reforms, IMF mission c...
IMF: Romania Made Good Progress On Budget Deficit
Romania has made good progress on lowering its budget deficit toward 3% of the gross domestic product in 2012, which will create the premises for a ”normalization of the fiscal policies” sta...
Leu Inches Lower Vs Euro In Early Action
Romania’s leu edged lower against the euro Thursday morning, tracking the currencies in the region and amid scarce volumes.