24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania Public Debt Widens To RON237.7B In May
Romania’s public debt rose to 237.76 billion lei (EUR51.2 billion) in May, from RON236.65 billion a month earlier, Finance Ministry data showed.
Erste Cuts Transelectrica Target Price, Recommends Buy
Austria’s Erste Group Bank Tuesday cut by 22% to 15.2 lei (EUR3.27) a share its 12-month target price on Romanian power grid operator Transelectrica (TEL.RO) and raised its recommendation to...
Leu Drops To Fresh Lows Vs Euro, Dollar For Third Straight Day
Romania’s leu weakened to new lows against both the euro and the US dollar for the third consecutive day Tuesday, with investors turning away from the risky eastern European currency ahead o...
Agricola Bacau 1H Sales Rise 5% To RON252.4M
Romanian agri-food group Agricola Bacau Tuesday said its sales rose 5% to 252.4 million lei (EUR54.85 million) in the first half, from RON240.3 million in the year-earlier period.
BNR: Private Lending Inched Down To RON227.08B In June
Romanian private lending edged down to 227.08 billion lei (EUR49.3 billion) in June, from RON227.09 billion a month earlier, central bank data showed Tuesday.
Leu Hits New Low Of 4.64 Vs Euro, Sheds 1% On Day
Romania’s leu continued its retreat against the euro in late action Monday and touched a fresh record low of 4.64 to the European common currency in the absence of a visible reaction from th...
Leu Continues Fall To Lows Vs Euro, Greenback
Romania’s leu dropped to new historic lows against both the euro and the US dollar for a second straight session Monday, with the exchange rates reaching 4.6009 per euro and 3.7999 per dolla...
Fitch Affirms Oradea Metropolitan Area At B+; Outlook Positive
Fitch Ratings Monday affirmed its long-term foreign and local currency ratings on Romanian central Metropolitan Area of Oradea at 'B+', with positive outlooks, citing sound economic developm...
BNR Injects RON8.15B Into Market
Romania's central bank Monday added 8.15 billion lei (EUR1.77 billion) to the money market in a one-week repurchase agreement operation at an interest rate of 5.25% a year, equal to the mone...
BRD Designated CEO Gives Up Position, No New Candidate Yet
Romanian second largest bank BRD (BRD.RO), majority-owned by France’s Societe Generale, Monday announced that its chief executive officer-nominate Alexandre Paul Maymat has decided to give u...
Leu Falls Vs Euro Amid Political Uncertainty
Romania’s leu depreciated to new record lows against the euro Friday as investors rushed to buy euros for fear that Prime Minister Victor Ponta might resign over accusations of plagiarism, a...
Government Approves State Guarantee For EUR40M Loan To Oltchim
Romania’s government has approved a state guarantee for a EUR40 million loan for chemical producer Oltchim Ramnicu Valcea (OLT.RO), Economy Minister Daniel Chitoiu said Friday.