24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Ends Weaker Vs Euro On Rising Volumes
Romania’s leu reversed earlier gains versus the euro amid growing volumes in late trade Friday, closing weaker on the day at 4.464/4.4675 units.
ING Romania Implements Two-Tier Board Structure, With Misu Negritoiu As Chairman
ING Bank Romania, the local unit of Dutch-registered ING Bank NV, will move from a single-tier board structure to a two-tier one starting with this fall, when the bank’s chief officer Misu N...
Leu Up Vs Euro, Exchange Rate At 4.4576
Romania’s leu edged higher against the euro by midday Friday and the central bank’s reference strengthened modestly to 4.4576 units, from 4.4595 units a day earlier.
Romania's Public Debt Widens To RON236.7B In April
Romania’s public debt rose to 236.65 billion lei (EUR53 billion) in April, from RON235.17 billion a month earlier, according to data posted on the Finance Ministry's website.
Emporiki Bank Romania Transferred To France’s Credit Agricole
France’s Credit Agricole will take over Emporiki Bank Romania from its Greek Emporiki Bank unit as part of a larger program through which the French bank wants to transfer various Emporiki a...
APIA: Car Sales Up 28% On Month In May, But Down 11% On Year
Romanian new passenger car sales rose 27.7% on the month to 8,497 units in May, but were down 11% from the year-ago period, the Automotive Manufacturers and Importers Association, or APIA, s...
Romanian Producers Not Allowed To Sell Electricity Outside Competitive Market
Romanian energy producers will be compelled to trade all available electricity on a competitive market, according to the country’s new energy Law adopted Thursday.
Leu Ends Flat Vs Euro For Third Straight Day
Romania’s leu closed flat versus the euro for the third consecutive day Thursday, amid low volumes and unfazed by a negative sentiment in international markets after disappointing US job dat...
Romania Sells RON466M 2-Year Bonds At 5.82% Average Yield
Romania’s Finance Ministry on Thursday sold 465.8 million lei (EUR104.5 million) in two-year bonds, below the planned amount, as the average yield rose to 5.82% a year.
Romet Eyes Up To 8% Higher Sales In 2012
Romanian industrial equipment manufacturer Romet Group estimates a 7% to 8% increase in its sales to around EUR320 million in 2012, supported by new investments.
Leu Steady Vs Euro, Exchange Rate At 4.4595
Romania’s leu traded near 4.46 per euro by midday Thursday and the central bank set the leu’s reference rate at 4.4595 per euro, virtually unchanged on the day.
CEZ Plans EUR400M Investment In Romanian Energy Sector In 2012
Czech power group CEZ plans to invest around EUR400 million in Romania this year, mainly in renewable energy projects, an official of CEZ Romania said Thursday.