24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Closes Up Vs Euro, Unlike Neighbors
Romania’s leu moved higher against the euro amid raising volumes Tuesday and closed 0.2% stronger on the day, immune to the negative sentiment in the region after Spain’s borrowing costs nea...
Commerzbank: Privatization Delays May Pressure Romania’s Leu
Privatization delays in Romania could negatively affect the leu, Commerzbank said in a report following an announcement by the country’s Prime Minister Victor Ponta that his recent political...
Leu In Ranges Vs Euro, Exchange Rate At 4.4652
Romania’s leu traded near 4.465 per euro by midday Tuesday, while the central bank’s reference was little moved to 4.4652 units, from 4.4654 units a day earlier.
Romaero Eyes RON14M Capital Increase
Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) wants to increase its share capital by 14.1 million lei (EUR3.15 million) to RON29.7 million, the company said i...
Leu Ends Higher Vs Euro In Quiet Market
Romania’s leu strengthened modestly against the euro in a quiet session Monday and closed at 4.465/4.469 units, amid low volumes.
Analysts: Romania Central Bank To Keep Key Rate Unchanged Wednesday
The Romanian central bank is likely to leave its key rate unchanged at a historic low of 5.25% for a second straight time at its monetary policy meeting due June 27, banking analysts said Mo...
Ameropa Raises Stake In Azomures To 96.4%
Swiss grain trader Ameropa Holding AG has increased its stake in Romanian fertilizer producer Azomures (AZO.RO) to 96.43% from roughly 76%, following a buyout offer to shareholders, accordin...
Romania January-May Budget Gap Widens To RON7.2B
Romania’s consolidated budget posted a deficit of 7.2 billion lei (EUR1.6 billion) in the first five months, equal to 1.19% of the gross domestic product, Finance Ministry data showed Monday...
BNR Injects Record RON13.8B Into Market
Romania's central bank Monday added a record 13.85 billion lei (EUR3.1 billion) to the market in a one-week repurchase agreement operation at an interest rate of 5.25% a year, equal to the m...
Leu Exchange Rate Flat At 4.4654 Vs Euro
Romania’s leu edged higher against the euro by midday Monday, while the central bank’s reference strengthened marginally to 4.4654 units, from 4.4655 units in the previous session.
Moody’s: Hidroelectrica Insolvency Filing Credit Negative For Romania
Romanian Hidrolectrica’s unexpected insolvency is creating negative pressure on sovereign credit ratings because the government might have to cover at least part of the debt owed by the stat...
Proprietatea Fund Swings To RON607M Net Profit In May
Romanian investment fund Fondul Proprietatea (FP.RO) Friday said it has swung to a net profit fell of 607 million lei (EUR136 million) in May, versus a loss of RON3.6 million a month earlier...