24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Ends 0.5% Weaker Vs Euro; Peers Advance On Upbeat US Jobs Data
Romania’s leu extended earlier losses versus the euro in late trade Friday and hit an intraday low of 4.58 per euro, immune to the positive sentiment in the region after better-than-expected...
BCR: Romania To Tap International Debt Markets Again Before Elections
Romania’s Finance Ministry will likely tap international debt markets for a third time this year ahead of the November election campaign to increase its liquidity buffer, according to a repo...
Romania-Moldova Natural Gas Pipeline To Cost RON88M
Romania’s planned natural gas pipeline linking the northeastern city of Iasi to Ungheni city in the neighboring Republic of Moldova will entail total costs of some 87.7 million lei (EUR19.2...
Leu Exchange Rate Falls To New 2-Month Low Of 4.5694 Vs Euro
Romania’s leu weakened against the euro by midday Friday, pushed by higher demand for hard currency, and the exchange rate fell 0.6% to a new two-month low of 4.5694 units, from 4.5426 units...
Sterling Resources Begins Drilling Well In Romanian Black Sea
Canadian Sterling Resources Friday said it has started drilling operations at its Ioana-1 deepwater well in the Romanian Black Sea.
Leu Stable At 4.55 Vs Euro In Early Trade
Romania’s leu traded near 4.55 against the euro in early action Friday, amid low volumes.
Industrial New Orders Inch Up 0.8% On Month In August
Romanian industrial new orders inched up 0.8% in August, after a 12% decline a month earlier, largely supported by higher demand for capital goods, the statistics institute INS said Friday.
Industry Sales Down 3.6% On Month In August
Romanian industrial sales fell 3.6% in August from a month earlier, due to declining demand in the manufacturing sector, the country’s statistics institute INS said Friday.
Foreigners’ Holdings In Proprietatea Fund Rise Slightly In September
Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 57.23% in September, from 57.06% a month earlier, the fund said in a statement Thursday.
Banca Transilvania Borrows $15M From IFC To Finance SMEs
The International Finance Corporation (IFC), the private lending arm of the World Bank, has extended a $15 million credit line to Romanian Banca Transilvania (TLV.RO) for onlending to micro...
Leu Closes Down Vs Euro On Higher Forex Demand
Romania’s leu fell against the euro for the third consecutive session Thursday, closing 0.4% weaker on the day at 4.5495/4.5515 units.
Hidrolectrica May Complete Insolvency Procedure By Dec 31 - Administrator
Romania’s state-run hydropower company Hidroelectrica could complete its insolvency process by the end of December, sooner than initially estimated, the company’s legal administrator Euro In...