24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania Sells RON205M 2-Year Bonds At 6.2% Average Yield
Romania’s Finance Ministry sold 205.4 million lei (EUR45.2 million) at a two-year bond auction Thursday, half the planned amount, as the average annual yield rose slightly to 6.2% a year, ce...
ExxonMobil To Invest $1.2B In Oil Drilling At Romanian Black Sea Block
ExxonMobil Exploration and Production Romania, the local unit of US giant ExxonMobil, plans to invest up to $1.23 billion over the next two years in drilling works at a Black Sea offshore pe...
Leu Exchange Rate Hits 2-Month Low Of 4.5426 Vs Euro
Romania’s leu widened earlier losses against the euro by midday Thursday, tracking the currencies in the region, and the central bank’s reference rate weakened to 4.5426 units, the lowest le...
BCR Chief Economist Appointed Head Of BCR Pensii
Romania’s largest lender by assets BCR has appointed Lucian Anghel as the new chief executive officer of its private pension arm, BCR Pensii, market participants said Thursday.
Economy Ministry: CNH Sold Coal Below Costs In 2009-2011
Romanian state-run coal mining company Compania Nationala a Huilei (CNH) posted total losses of 543.7 million lei (EUR121 million) in 2009-2011 because it sold coal at prices below the cost...
Leu Closes Down Vs Euro For Second Consecutive Day
Romania’s leu weakened for a second straight day against the euro Wednesday, closing above 4.53 to the euro amid low volumes.
Bucharest Stock Exchange Chief Wants EUR70M In New Listings
The Bucharest Stock Exchange should attract new listings worth up to EUR70 million to become a real competitor in the region, the head of the market operator said Wednesday.
Leu In Ranges Vs Euro, Exchange Rate At 4.5262
Romania’s leu traded in narrow ranges against the euro by midday Wednesday, while the central bank’s reference weakened to 4.5262 units, from 4.5178 units a day earlier.
Leu Dips Vs Euro In Thin Trade
Romania’s leu weakened modestly against the euro Tuesday, closing at 4.5255/4.528 to the euro, amid low volumes.
Romania To Sell 10% In Hidroelectrica Four Months After Restructuring
Romania's government plans to launch an initial public offering for a 10% stake in state-run hydropower producer Hidrolectrica within four months after the company exits insolvency.
Oltchim Names New General Manager
Romanian state-run chemical company Oltchim SA (OLT.RO) has appointed Mihai Balan as its new general manager, just one day after the government has failed to complete the sale of a 54.8% sta...
Leu Steady Vs Euro, Exchange Rate At 4.522
Romania’s leu moved in a tight range against the euro by midday Tuesday, amid low volumes, and the central bank’s reference weakened slightly to 4.522 units, from 4.5178 units a day earlier.