24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Power Output Down 1.6% On Year In January-May
Romanian energy output inched down 1.6% on the year to 9.61 million tons of oil equivalent in the first five months, due to declining production in the thermal and hydropower sectors, offici...
INS: Industrial Sales Rise 13% On Month In May
Romanian industrial sales increased 12.9% in May, after a 9% decline a month earlier, supported by higher demand in the manufacturing sector, the country’s statistics institute INS said Frid...
Adjusted Construction Works Up 5% On Month In May
Romanian construction works rose 5% on the month in May, fueled by increased activity in all sectors, the statistics institute INS said Friday.
Romanian Industrial New Orders Up 13% On Month In May
Romanian industrial new orders rose 12.9% on the month in May, fueled by two-digit growth in most sectors, the statistics institute INS said Friday.
Fitch Affirms Oradea City At BBB-, Cites Good Economic Performance
Fitch Ratings Thursday affirmed its long-term foreign and local currency ratings on Romanian central city of Oradea at ‘BBB-’, with stable outlook, citing positive economic developments and...
Fitch Affirms Brasov City At ‘BBB-’; Outlook Stable
Fitch Ratings Thursday affirmed at ‘BBB-’ its long-term foreign and local currency ratings on Romanian central city of Brasov, with stable outlook, citing steady budgetary performance and co...
Transelectrica Inks RON50M Financing Deal To Upgrade Unit
Romanian state-owned power grid operator Transelectrica (TEL.RO) Thursday said it has signed a financing agreement for up to 50 million lei (EUR11.6 million) to upgrade its Mintia power stat...
Leu Continues To Fall Vs Euro As Political Pressure Increases
Romania’s leu continued to fall against the euro and hit a low of 4.49 units in late session Thursday, amid mounting political pressures after the government moved to impeach President Traia...
Romania Sells RON286M 2-Year Bonds; Yield Rises To 6%
Romania’s Finance Ministry raised only 286.2 million lei (EUR63.88 million) at a two-year bond sale Thursday, below the planned amount, as political uncertainties following a government acti...
ING: Political Games In Romania Serious Enough To Shake The Leu
Romania’s leu is generally rather unfazed by the political games at home, but the recent grab for power by the ruling socialist-liberal coalition is turning into a serious threat to the usua...
Transelectrica Says Financial Position ‘Solid’
Romanian state-run power grid operator Transelectrica (TEL.RO) Thursday assured investors of its “solid” financials, saying it has the necessary funds to repay maturing debt.
Leu Exchange Rate Hits New Record Low Of 4.4796 Vs Euro
Romania’s leu retreated against the euro by midday Thursday and the central bank’s reference weakened to a fresh historic low of 4.4796 units, as investors wait for a parliament vote on Pres...