24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Closes Up Vs Euro Amid Low Volumes
Romania’s leu lost part of its earlier gains versus the euro in late trade Friday, but closed slightly stronger on the day, amid low volumes.
Leu Exchange Rate Hits 3-Week High Of 4.5538 Vs Euro
Romania’s leu advanced versus the euro by midday Friday and the central bank’s reference won 0.2% to 4.5538 units, the highest rate in three weeks.
SIF Transilvania 9-Month Revenue Rises To RON285M
Romanian regional investment fund SIF Transilvania (SIF3.RO) Friday said its revenues increased by around 50% to 285 million lei (EUR64.3 million) in the first nine months, from roughly RON1...
US Ambassador: Romania Needs $10B Investment In Energy Infrastructure
Romania could become an important energy hub in Europe once again, provided it can attract around $10 billion in infrastructure investments, US Ambassador to Bucharest, Mark Gitenstein said...
Transelectrica Replaces General Manager, Board Chairman
Romania’s Economy Ministry has appointed Andrei Gabriel Benghea-Malaies as the new general manager of state-run power grid operator Transelectrica (TEL.RO), the energy company said in a stat...
Romania Jan-Sep Budget Gap Widens Slightly To RON7.17B
Romania’s consolidated budget posted a deficit of 7.17 billion lei (EUR1.57 billion) in the first nine months, equal to 1.18% of the gross domestic product, Finance Ministry data showed Thur...
German Praktiker 9-Month Sales In Romania Down 8% To EUR107M
German do-it-yourself retail chain Praktiker Thursday said its sales in Romania fell 7.9% to EUR106.9 million in the first nine months, from EUR116.1 million in the year-earlier period.
Leu Ends Higher Vs Euro, In Line With Neighbors
Romania’s leu advanced slightly against the euro Thursday, tracking the currencies in the region, and closed 0.26% stronger on the day at 4.562/4.566 units, amid average volumes.
Competition Council: Global Food Crisis Not Reason For Unjustified Price Hikes In Romania
Romania’s Competition Council will keep a close watch on the food market to identify possible unjustified price increases, the agency's president Bogdan Chiritoiu said Thursday.
Romania Sells RON200M 5-Year Bonds At 6.56% Average Yield
Romania’s Finance Ministry on Thursday sold a planned 200 million lei (EUR43.8 million) of five years bonds, at an average yield of 6.56% a year, higher than at the previous auction.
Olteanu, BNR: Banks Should Rethink Financing Policies
Romanian banks should rethink their financing policies and focus on new resources, considering that parent banks are cutting funding to their subsidiaries, central bank deputy governor Bogda...
GDF SUEZ Energy Mulls Buying More Wind Projects In Romania
GDF Suez Energy Romania is considering purchasing several wind farm projects in the country, general manager Eric Stab said Thursday.