24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Recovers Partially In Late Trade, Ends Just Below 4.4 Vs Euro
Romania’s leu recovered some of its earlier losses against the euro in late trade Tuesday, amid growing demand from corporate investors, including non-residents, and finished the session at...
Romania Borrows EUR1B From World Bank For Fiscal, Health Projects
Romania’s Finance Ministry has borrowed EUR1 billion from the International Bank for Reconstruction and Development to finance fiscal policies and healthcare projects, the ministry said in a...
APIA: Car Sales Up 30% To 30,167 Units In First Five Months
Romanian new passenger car sales rose 29.8% to 30,167 units in the first five months of 2014, from 23,245 units in the year-earlier period, the Automotive Manufacturers and Importers Associa...
Proprietatea Fund Sells Romgaz Shares Worth RON645M Via Accelerated Bookbuilding
Romanian investment fund Fondul Proprietatea (FP.RO) has raised 644.6 million lei ($198.6 million) from selling a stake of 4.99% in state-run natural gas producer Romgaz Medias (SNG.RO) via...
Romania 1Q Labor Costs Rise At 3rd Fastest Pace In EU
Total hourly labor costs in Romania rose 5.3% on the year in January-March, the third largest increase in the European Union, official data showed Tuesday.
Romania Financial Authority To Cut Trading Fees September 16
Romania’s financial supervisory authority ASF will lower its fees levied on stock market transactions by 25% as of September 16, according to a regulation published on its website.
Leu’s Exchange Rate Weakens For Third Day, At 4.4049 Vs Euro
The Romanian leu depreciated modestly against the euro by midday Tuesday and the central bank’s reference weakened for the third consecutive session to 4.4049 units, from 4.3993 units a day...
CEC Bank To Undergo Asset Quality Review As Of June 18
Romanian CEC bank’s chief Radu Ghetea said Tuesday that his institution will undergo an asset quality assessment based on the European methodology in view of joining the Single Supervisory M...
Romania Raises RON45M In Non-competitive Bond Sale
Romania’s Finance Ministry on Tuesday raised a planned 45 million lei (EUR10.2 million) at a supplementary non-competitive tender for its November 2018-dated bond reopened yesterday.
Isarescu Appointed For New Term As Central Bank Governor
The Romanian parliament on Monday appointed Mugur Isarescu for a new five-year term as governor of the central bank, a position he has been holding for the past 24 years.
Proprietatea Fund To Sell 5% In Romgaz Via Accelerated Bookbuilding
Romanian investment fund Fondul Proprietatea (FP.RO) on Monday launched an accelerated bookbuild offering to sell 4.99% in state-run natural gas producer Romgaz Medias (SNG.RO), a stake valu...
Electrica IPO: 1st Day Subscription On Small Retail Segment Exceeds 60%
Small retail investors subscribed over 60% of the stock available in their segment during the first day of an initial public offering through which Romania seeks to sell 51% in energy compan...