24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Retail Market Expected To Grow Slightly In August-October
Romanian companies expect retail activity will see a modest growth in August through October, with both production and demand estimated to pick up from the previous three months, the statist...
Leu Closes Slightly Up Vs Euro In Quiet Market
Romania’s leu strengthened modestly against the euro in a sleepy session Monday and closed at 4.465/4.471 units, amid low volumes.
BNR: Romania Overdue Loans Rise 6.5% To RON26.8B In July
Romanian overdue private loans rose 6.5% on the month to 26.79 billion lei (EUR6 billion) in July, equal to 11.4% of the total lending, central bank data showed Monday.
Oltchim Auction Put Off To September 18
Romania’s government has delayed until September 18 a sealed-bid auction for the privatization of state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO), the state’s privatization office...
BNR Caps Repo Operations For Fourth Straight Time
Romania’s central bank (BNR) has capped the amount offered at its weekly repurchasing operations for a fourth consecutive time Monday, according to bank data.
Leu Exchange Rate Climbs To 8-Week High Of 4.4667 Vs Euro
Romania’s leu advanced against the euro by midday Monday and the exchange rate strengthened 0.3% on the day to 4.4667 units, the highest level in the last eight weeks.
Romania January-July Budget Gap Widens Slightly To RON6.97B
Romania’s consolidated budget posted a deficit of 6.97 billion lei (EUR1.55 billion) in the first seven months, equal to 1.15% of the gross domestic product, Finance Ministry data showed Fri...
Leu Strengthens To 4.47 Vs Euro On Suspected Central Bank Intervention
Romania’s leu firm against the euro Friday and closed 0.3% stronger on the day, with dealers suspecting a covert intervention from the central bank to support the national currency.
Electrica To Select Advisors For Units Sale By October 1
Romanian state-run power company Electrica SA will select advisors for the privatization of its units Electrica Furnizare and Electrica Serv on September 25 and October 1, respectively, the...
Leu Exchange Rate Hits 7-Week High Of 4.4819 Vs Euro
Romania’s leu advanced against the euro by midday Friday and the exchange rate firmed for the third session in a row to 4.4819 units, the strongest rate in seven weeks.
BNR: Private Lending Rises To RON231.5B In July
Romanian private lending rose 1.4% to 231.56 billion lei (EUR51.6 billion) in July, from RON227.08 billion a month earlier, central bank data showed Friday.
Hidroelectrica Moves Forward With EUR6.5B Investment Plan
Romanian insolvent power producer Hidrolectrica will not abandon its projects included in a EUR6.5 billion investment plan due for completion in 2025, but will prioritize its investments, th...