24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania Cuts GDP Growth Forecast To 1.2% In 2012
Romanian government has revised down its economic growth forecast to 1.2% in 2012 from 1.5% previously, according to a draft of this year’s first budget revision obtained by Mediafax.
IMF To Maintain Romania 2012 GDP Growth Forecast Above 1% - Sources
The International Monetary Fund will not lower its forecast on the Romanian economic growth below 1% for 2012, in spite of a weak harvest predicted for this year and the difficult climate el...
Petrom Sees Energy Imports Rising To 46% Of Consumption By 2030
Romanian energy imports are likely to reach 46% of the total consumption in 2030, according to estimates of dominant oil company OMV Petrom (SNP.RO), which said the country needs more invest...
ANOFM: Jobless Rate Up To 4.8% In July
Romania's unemployment rate rose to 4.77% in July, from 4.49% a month earlier, the country’s employment agency ANOFM said Wednesday.
Leu Rises For Third Day, Hits New 3 ½-Week High Of 4.5364
Romania’s leu rose for a third straight day against the euro Wednesday, with the exchange rate touching a new three and a half weeks high of 4.5364 units, from 4.5378 units a day earlier.
Hidroelectrica Gets Approval In Principle To Cut Deliveries On Regulated Market
Romanian insolvent energy producer Hidroelectrica has received authorization in principle to cut back electricity deliveries through the regulated market while adjusting the sale prices to c...
Leu Opens Slightly Higher Vs Euro In Quiet Trade
Romania’s leu opened slightly stronger against the euro in a quiet market Wednesday and moved in narrow ranges in early action.
INS: Adjusted Construction Works Fall 10% On Month In June
Romanian construction works fell 9.9% in June after growth a month earlier, due to declining activity in most sectors, the statistics institute INS said Wednesday.
Power Output Down 1.8% On Year In January-June
Romanian energy output fell 1.8% on the year to 11.45 million tons of oil equivalent in the first six months, due to declining production in the hydropower and nuclear sectors, official data...
OMV Petrom 2Q Net Profit Falls To RON643M
Romanian leading oil company OMV Petrom (SNP.RO) Wednesday said its net profit after minorities fell 29% on the year to 643 million lei (EUR141.6 million) in the second quarter, mostly due t...
Romanian Banks Report RON192M Combined Loss In 1H As Provisions Rise
Romanian banks reported a combined net loss of 192 million lei (EUR43 million) in the first six months, hurt by rising provisions in the second quarter, central bank data showed Tuesday.
Rompetrol Rafinare Board Chairman Steps Down
Romania’s second largest oil refinery Rompetrol Rafinare (RRC.RO) Tuesday said Yerzhan Orynbassarov has resigned his position of chairman of the board, being replaced by Azamat Zhangulov.