24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Bucharest Stocks Higher In Early Action, Financials In The Spotlight
Bucharest shares opened higher amid rising volumes Friday, tracking international markets, with the bourse’s composite index BET-C gaining around 1% on the day.
Leu Opens Up Vs Euro, In Line With Neighbors
Romania’s leu advanced against the euro in early trade Friday, amid a positive sentiment in the region after the European Central Bank announced unlimited bond buying to cut borrowing costs...
Romania January-July Power Output Falls 2% On Year
Romanian energy output decreased 2% on the year to 13.32 million tons of oil equivalent in the first seven months, on falling production in the hydropower and nuclear sectors, official data...
Industrial New Orders Down 12% On Month In July
Romanian industrial new orders fell 12% on the month in July, on lower demand in all sectors, the statistics institute INS said Friday.
INS: Industrial Sales Inch Up 0.5% On Month In July
Romanian industrial sales inched up 0.5% in July from a month earlier, supported by higher demand in the manufacturing sector, the country’s statistics institute INS said Friday.
Leu Ends Slightly Stronger Vs Euro
Romania’s leu gained modestly versus the euro in a quiet market Thursday, closing at 4.4815/4.484 to the euro.
Austria’s Erste Launches Buyout Offer For 0.14% In BCR
Austria’s Erste Group Bank AG (EBS.RO) Thursday launched a buyout offer for a stake of 0.14% in Romanian lender BCR, which could bring its total holding in the local bank to 93.41%.
Mom Best Financial Role Model For Romanian Teens, Survey Shows
Mothers trump Bill Gates as most influential financial figures among teenagers
Romania Sells RON600M 1-Year T-Bills; Yield Rises To 6.1%
Romania’s Finance Ministry on Thursday sold 599.8 million lei (EUR133.8 million) in one-year treasury bills at an the average yield of 6.07% a year, higher than at the previous auction.
Leu In Ranges Vs Euro, Exchange Rate Firms To 4.4816
Romania’s leu moved in a tight range against the euro by midday Thursday, while the exchange rate strengthened 0.3% to 4.4816 units, following two consecutive days of decline.
Franklin Templeton Urges Faster Implementation Of Corporate Governance Law
Franklin Templeton Investment Management, administrator of Romanian investment fund Fondul Proprietatea (FP.RO), Thursday expressed its concern over delayed government action regarding the a...
Leu Opens Up Vs Euro In Thin Trade
Romania’s leu opened higher versus the euro Thursday and traded near 4.48 units in early action, amid low volumes.