24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Ends Flat Vs Euro In Thin Trade
Romania’s leu moved in a tight range against the euro in late action Tuesday and closed flat on the day at 4.5755/4.578 to the euro, amid low volumes.
ArcelorMittal Galati Cuts Working Hours As Demand Drops
ArcelorMittal Galati, a Romanian unit of the world’s largest steelmaker ArcelorMittal, Tuesday said it will cut working hours in face of declining European demand for steel.
French Tereos Acquires Ludus Sugar Plant In Romania
French leading sugar producer Tereos Tuesday said it has acquired Romanian sugar refinery Zaharul Ludus from Sucreries du Marquenterre Group for an undisclosed price.
Leu Down Vs Euro, Exchange Rate At 4.5693
Romania’s leu reversed earlier gains versus the euro by midday Tuesday and the central bank’s reference weakened slightly to 4.5693 units, from 4.5687 units a day earlier.
Proprietatea Fund 9-Month Net Profit Rises To RON574.5M
Romanian investment fund Fondul Proprietatea (FP.RO) Monday said its net profit rose 7.3% to 574.5 million lei (EUR125.7 million) in the first nine months, from RON535.3 million a year earli...
Upet Seeks Funds To Finance Working Capital, Pay Contracts
Romanian oilfield equipment maker Upet Targoviste (UPET.RO) Monday said it plans to take out two loans to finance working capital and honor outstanding contracts.
Romania Seeks Ways To Attract Investors For Cernavoda Nuke Project
The Romanian authorities are contemplating a new strategy to attract investors for two additional reactors at the country’s sole nuclear power plant in Cernavoda, following two unsuccessful...
Leu Dips Vs Euro In Quiet Market
Romania’s leu edged lower against the euro in late trade Monday and closed about 0.15% weaker on the day, amid low volumes.
APIA: Car Sales Down 22.5% On Year To 53,582 Units In First 9 Months
Romanian new passenger car sales fell 22.5% on the year to 53,582 units in the January-September period, from 69,168 units in the year-earlier months, the Automotive Manufacturers and Import...
Romania Sells RON625M 11-Month T-Bills At 6.08% Yield
Romania’s Finance Ministry raised 625 million lei (EUR136.8 million) at an 11-month treasury bills auction Monday, below the planned amount, at an average annual yield of 6.08%, marginally h...
BNR Pumps RON6B Into Market; Demand Hits Record High
Romania's central bank Monday injected just 6 billion lei (EUR1.3 billion) into the money market via a one-week repurchase agreement operation, despite a record demand from commercial lender...
BNR Caps Repo Operations For Second Week
Romania’s central bank, or BNR, has capped its weekly repurchasing operation for a second straight time Monday, limiting the available amount to 6 billion lei (EUR1.3 billion).