24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
BNR Keeps 2012 CPI Forecast Unchanged; Warns Of Inflationary Risks
Romania’s central bank Monday left its forecast on the year-end inflation unchanged at 3.2% in 2012, but warned of increased inflationary risks coming from higher prices in international mar...
INS: Average Net Wage Up To RON1,552 In June
Romanian average net salary rose 1.4% to 1,552 lei (EUR333.8) in June, from RON1,530 a month earlier, the statistics institute INS said Monday.
Leu Ends Lower Vs Euro But Recovers Some Ground
Romania’s leu reversed part of its earlier losses against the euro in late trade Friday, but closed slightly weaker on the day, immune to a positive sentiment in the region following strong...
UniCredit Tiriac Bank 1H Net Profit Falls 19% To RON75M
Romania’s UniCredit Tiriac Bank on Friday said its net profit fell 19% to 75 million lei (EUR16.13 million) in the first half, hurt by higher operating costs and lower revenue from interests...
Romania’s Required Oil Stocks Financed Solely By Companies In 2012
Romania’s mandatory minimum stocks of oil products will be financed in 2012 entirely from the budgets of oil companies, according to a draft government decision.
UCM Resita 1H Loss Narrows 83% On Year
Romanian engine manufacturer UCM Resita (UCM.RO) Friday said its net loss narrowed 83% to 4.1 million lei (EUR0.93 million) in the first half, from RON24 million in the year-earlier period.
Romania June Retail Sales Fall At 3rd Fastest Pace In EU - Eurostat
Romanian retail sales fell 1.1% in June from the previous month, the third largest decrease in the European Union, official data showed Friday.
Leu Hits Fresh Record Low Of 4.6481 Vs Euro
Romania’s leu continued its retreat against the euro in mid trade Friday, despite covert interventions from the central bank, and the exchange rate weakened 0.8% on the day to 4.6481 units,...
EBRD Invests EU7.8M To Improve Water Services In Satu Mare
The European Bank for Reconstruction and Development has extended a 33.2 million lei (EUR7.8) loan to water utility Apaserv Satu Mare for water and wastewater infrastructure improvements in...
Bucharest Stocks Mostly Lower In Early Action
Bucharest shares were mostly lower Friday morning, amid low volumes, while international markets recovered some of yesterday’s losses after the European Central Bank failed to take clear ste...
Leu Headed To New Lows Vs Euro As Political Crisis Deepens
Romania’s leu opened slightly higher against the euro Friday, but started to make its way down to a recently-hit record low of 4.65 to the euro as investors turn away from the currency follo...
INS: Tourist Arrivals Up 11.8% On Year In June
Tourist arrivals in Romania rose 11.8% in June from the year-earlier month, while overnight accommodations were up 7.2% on the year, the statistics institute INS said Friday.