24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Widens Gain Vs Euro, Exchange Rate At 4.5757
Romania’s leu extended earlier gains versus the euro by midday Monday and the exchange rate strengthened slightly to 4.5757 units, from an 11-week low of 4.5809 units in the previous session...
Leu Ends Flat Vs Euro On Low Volumes
Romania’s leu was mostly stable against the euro Friday and closed little changed on the day at 4.581/4.5825 per euro, amid low volumes.
Erste Sees Romania Borrowing Costs Rise Over Budget Concern
Romania will likely pay higher yields at its upcoming debt sales, as investors may be inclined to take advantage of Prime Minister’s Victor Ponta statement that the current budget doesn’t co...
Basescu: Romania To Be Part Of European Banking Union
Romanian President Traian Basescu Friday said that his country will be included in the upcoming EU banking union, which aims to place euro area banks under the supervision of a single regula...
Leu Exchange Rate Weakens For Fifth Day, At 4.5809 Vs Euro
Romania’s leu traded in narrow ranges against the euro by midday Friday, but the exchange rate weakened for the fifth consecutive day to 4.5809 units, a fresh record low in the past 11 weeks...
Banca Transilvania Mulls EUR30M Convertible Bonds
Romanian lender Banca Transilvania (TLV.RO) plans to sell seven-year convertible bonds to raise EUR30 million, according to the general conditions of the bond which were published on the ban...
Leu Closes Down Vs Euro Amid Low Volumes
Romania’s leu extended earlier losses against the euro in late trade Thursday and closed slightly weaker on the day, amid low volumes.
Eden Springs In Talks To Buy Romania’s La Fantana - Sources
Eden Springs, Europe’s largest provider of office watercooler services, is negotiating the purchase of Romanian peer La Fantana, people close to the talks told Mediafax.
Romania Sells RON300M 2-Year Bonds; Yield Rises To 6.35%
Romania’s Finance Ministry sold a planned 300 million lei (EUR65.5 million) at a two-year bond auction Thursday, at an average annual yield of 6.35% a year, higher than at the previous sale.
Bucharest Court Rejects Appeal Against Hidroelectrica Insolvency
The Bucharest Court of Appeals on Thursday rejected a request to annul insolvency proceedings at Romania’s top energy producer Hidroelectrica.
Austrian voestalpine Opens EUR20M Steel Center In Romania
Austrian steelmaker voestalpine has inaugurated in October its new EUR20 million steel center in Giurgiu, southern Romania, the company said in a statement.
Leu Exchange Rate Weakens To New 11-Week Low Of 4.5789 Vs Euro
Romania’s leu traded near 4.58 against the euro by midday Thursday and the central bank’s reference weakened for a fourth session in a row to 4.5789 units, a fresh record low in the last 11...