24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Exchange Rate Hits 5-Week Low Of 4.5092 Vs Euro
Romania’s leu retreated against the euro by midday Thursday and the central bank’s reference weakened to 4.5092 units, the lowest rate in five weeks.
Romania Receives Four Offers For Chemical Company Oltchim
Romania has received four offers for the privatization of state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO), the Economy Ministry’s privatization office OPSPI said Thursday.
Romania To Launch Renegotiations With Russia On Gas Transport Deals
Romania’s government Wednesday said it will launch renegotiations with Russia on several agreements regarding natural gas transportation on Romanian territory, after the European Commission...
Leu Ends Flat Vs Euro On Low Volumes
Romania’s leu traded near 4.5 against the euro in late session Wednesday and closed roughly flat on the day, amid low volumes.
Volksbank To Sell Romanian Business, Other Non-Core Units By 2017
Austrian lender Volksbank AG will sell its Romanian business and several other non-core units by 2017, according to the bank’s reorganization strategy approved by the European Commission on...
Leu Reverses Gains Vs Euro, Exchange Rate At 4.5037
Romania’s leu reversed earlier gains versus the euro by midday Wednesday and the central bank’s reference weakened for a second straight day to 4.5037 units, from 4.5026 units in the previou...
BNR May Limit Foreign Lending To SMEs
Romania’s central bank may extend the scope of its recently introduced foreign lending regulations to cover a wider range of debtors exposed to exchange rate fluctuations, including small- a...
Leu Dips Vs Euro On Negative Sentiment
Romania’s leu weakened against the euro in a sleepy session Tuesday, amid a negative sentiment in the region as investors are concern Spain might have to turn to international creditors for...
Trade Registry: Company Bankruptcies Inch Down In Jan-Aug
Romania's Trade Registry Tuesday said 11,043 companies filed for insolvency in the first eight months of 2012, down 1.43% from 11,230 companies in the year-earlier period.
CEC Bank Lending Rises 6.7% To RON11.2B In 8 Months
Romanian state-owned lender CEC Bank Tuesday said its loan portfolio was up 6.7% to 11.2 billion lei (EUR2.5 billion) at the end of August, from RON10.5 billion in December last year.
Leu In Ranges Vs Euro, Exchange Rate At 4.5026
Romania’s leu traded near 4.45 per euro by midday Tuesday and the central bank’s reference weakened slightly to 4.5026 units, from 4.4975 units a day earlier.
Leu Firms Vs Euro On Higher FX Sales
Romania’s leu extended its earlier advance against the euro in late trade Monday, amid growing euro sales, and closed 0.3% stronger on the day at 4.487/4.49 units.