24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Chitoiu: Industrial Consumers To Buy Electricity At Lower Prices
Romanian Economy Minister Daniel Chitoiu Friday said non-household consumers will be able to purchase electricity at lower prices compared with market levels, but the measure will be applied...
Chitoiu: Hidroelectrica To Exit Bankruptcy In 4Q
Romanian Economy Minister Daniel Chitoiu Friday said power producer Hidrolectrica could emerge from bankruptcy by the fourth quarter of 2012 at the latest.
Leu Hits Fresh All-Time Low Of 4.5848 Vs Euro
Romania’s leu lost earlier gains versus the euro in mid-trade Friday and the exchange rate fell to a new record low of 4.5848 units, from 4.5638 units a day earlier.
Bucharest Stocks Open Lower On Scarce Liquidity
Bucharest shares opened slightly down Friday morning, tracking international markets, while a reduced appetite from investors kept volumes low in early trade.
Leu Slightly Up Vs Euro In Early Action
Romania’s leu edged higher against the euro Friday morning, supported by interventions from the central bank, market participants said.
OMV Petrom 2Q Gas Sales Fall 35% On Quarter
Romanian leading oil company OMV Petrom (SNP.RO) reported a 35.6% decline in natural gas sales volumes to 11.16 Terawatts per hour in the second quarter, largely due to restructuring at its...
Fitch Affirms Ratings Of Three Romanian Banks
Fitch Ratings Thursday affirmed its long-term credit ratings on Romanian banks UniCredit Tiriac Bank, Banca Transilvania (TLV.RO) and ProCredit Romania, the agency said in a statement.
Leu Falls To New Low Of 4.5825 Vs Euro
Romania’s leu fell to new record lows against the euro in late trade Thursday, amid raising volumes, and closed 0.25% weaker on the day despite covert interventions from the central bank to...
Hidrolectrica Sells RON6.2M Worth Of Electricity On OPCOM
Romania’s insolvent energy producer Hidroelectrica has sold 24,480 megawatts of electricity on the local energy exchange OPCOM for a total of 6.2 million lei (EUR1.3 million), the company sa...
Leu In Ranges Vs Euro, Exchange Rate At 4.5638
Romania’s leu moved in narrow ranges against the euro by midday Thursday and the exchange rate strengthened slightly to 4.5638 units, from 4.5647 units a day earlier.
Romcab Increases Capital To RON23.4M
Romanian cable maker Romcab Targu-Mures (MCAB.RO) Wednesday approved a proposal to increase its share capital by 9.46 million lei (EUR2.1 million) to RON23.46 million by including past reser...
Transelectrica Approves Dual Board System
Romanian power grid operator Transelectrica (TEL.RO) Wednesday approved changing its board structure from unitary to dual, the company said in a statement.