24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Court Rejects Proprietatea Fund’s Appeal Against Romgaz Donation
Romania’s High Court of Cassation and Justice has irrevocably rejected a second appeal filed by investment fund Fondul Proprietatea (FP.RO) against a government-imposed cash donation from na...
Leu Weakens Vs Euro On Low Volumes
Romania’s leu continued its decline against the euro for a third straight day Thursday and closed roughly 0.5% weaker on the day, amid low volumes.
Romania Sells RON300M 2-Year Bonds At 6.1% Average Yield
Romania’s Finance Ministry raised a planned 300 million lei (EUR66.5 million) at a two-year bond auction Thursday, while the average annual yield rose slightly to 6.1% a year, central bank d...
Romania Could Award Tax Cheat Whistleblowers
Turning in a neighbor to the fiscal authorities for suspected tax evasion might become a profitable business with the introduction of the “informant” system that awards quality reports of ta...
Leu Exchange Rate Hits 1-Month Low Of 4.5073 Vs Euro
Romania’s leu retreated against the euro by midday Thursday and the exchange rate weakened 0.4% to 4.5073 units, the lowest level in four weeks.
Alstom Inks EUR160M Gas Desulphurization Deals In Romania, Taiwan
French-based power company Alstom Wednesday said it has secured two contracts worth a total of EUR160 million to supply air quality control systems in Romania and Taiwan.
Leu Ends Lower Vs Euro In Thin Trade
Romania’s leu returned to losses versus the euro in late trade Wednesday, ending the session above 4.49 per euro, amid low volumes.
Lithuania, Romania To Join Efforts In Search For Alternatives To Russian Gas
Lithuania and Romania will work together to identify and secure an alternative route of natural gas supply to the Russian pipelines, the president of the Baltic nation said Wednesday.
Oltchim’s Sale Draws Interest From 13 Investors
The upcoming privatization of Romanian state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO) has drawn interest from 13 companies so far, most of them foreign, the Economy Ministry said...
Leu Exchange Rate Dips To 4.4881 Vs Euro
Romanian leu's exchange rate weakened slightly to 4.4881 to the euro Wednesday as the leu/euro pair traded near 4.49 units in the first half of the session.
Hot Weather, Football Championship Boost Beer Sales In 1H
Romanian beer market rose 4% on the year in the first half, helped by higher sales during the European Football Championship and hot weather, the country's brewers association said Wednesday...
Oltchim’s Former Deputy GM Named Interim CEO
Romania’s Economy Ministry has appointed Nicolae Radu Olaru as interim general manager of chemical company Oltchim SA (OLT.RO), following the resignation of Constantin Roibu, the ministry’s...