24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Closes Modestly Higher Vs Euro On Rising FX Demand
Romania’s leu lost part of its earlier gains versus the euro in late trade Thursday, but closed slightly stronger on the day at 4.485/4.489 units, amid growing demand for foreign currency fr...
Romania Rejects All Bids In 4-Year Bonds Sale
Romanian Finance Ministry rejected all bids at a 200 million lei (EUR44.6 million) four-year bonds auction Thursday, citing high yields.
Liquidity Shortage Drives Romania Interbank Rates Over 9%
Overnight interest rates on Romanian leu-denominated deposits rose to 9.25% in the interbank market Thursday, from 4.8% a day earlier, amid liquidity shortage.
E.ON Moldova Upgrades 26 Transformers For RON44.3M
Romanian energy firm E.ON Moldova, a unit of Germany’s utility E.ON, will invest 44.3 million lei (some EUR10 million) to upgrade 26 transformer stations of its local network, the company sa...
Leu Gains Vs Euro, Exchange Rate At 4.487
Romania’s leu edged higher against the euro by midday Thursday and the exchange rate strengthened for a second straight day to 4.487 units, from 4.4885 units in the previous session.
Romgaz IPO Delayed Until March 2013
Romania will delay an initial public offering of a 15% stake in natural gas producer Romgaz Medias until March 2013 so that the company’s gas holdings may be assessed by a consultant, the go...
Romanian Gas, Electricity Companies To Pay New Tax On Revenue As Of 2013
Romania’s planned tax on extraordinary revenues in the natural gas and electricity market will be implemented as of January 2013, according to the country’s latest memorandum of economic and...
Leu Ends Down Vs Euro In Sleepy Trade
Romania’s leu weakened slightly against the euro Wednesday and closed 0.2% lower on the day, amid a quiet market.
Leu Exchange Rate Firms To 4.4885 Vs Euro
Romania’s leu lost its earlier gains versus the euro by midday Wednesday, but the exchange rate strengthened 0.2% on the day to 4.4885 units, from 4.4987 units in the previous session.
Leu Ends Down Vs Euro On Low Volumes
Romania’s leu fell modestly against the euro Friday and closed 0.2% lower on the day, amid scarce volumes.
Euro Insol: No More Bilateral Deals For Hidrolectrica
Selling cheap electricity to companies has cost Romania’s hydropower producer Hidroelectrica over EUR1 billion in revenues over the past six years, according to the legal administrator of th...
Leu Exchange Rate Firms To New 6-Week High Of 4.4852 Vs Euro
Romania’s leu weakened slightly against the euro by midday Friday, but the exchange rate continued its rally for a fourth consecutive day and gained 0.16% on the day to 4.4852 units, a fresh...