24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romanian 1Q Beer Sales Down 5%, Cold Weather Blamed
Romanian beer market slid 5% on the year in the first quarter, hit by a two-month cold spell and a difficult economic climate, the country’s brewers association said Monday.
Bucharest Stocks Back In Black After Spain’s Bank Deal
Bucharest stocks returned to growth Monday morning, in line with international markets, which rebounded after Spain struck a EUR100 billion deal with the European Union to finance struggling...
Leu Slightly Higher Vs Euro In Early Trade
Romania’s leu edged higher against the euro in early action Monday amid a positive sentiment in the region after EU leaders agreed to lend Spain up to EUR100 billion to support its ailing ba...
Romanian Inflation Flat At 1.8% In May
Romanian consumer prices inched up 0.2% on the month in May, while the annual inflation stabilized at 1.79% after six consecutive months of easing, official data showed Monday.
INS: Trade Gap Widens To EUR2.6B In January-April
Romania’s trade deficit widened to EUR2.57 billion in the first four months of 2012, from EUR2.49 billion in the year-earlier period, the country’s statistics institute INS said Monday.
INS: Adjusted Industrial Output +1.1% On Month In April
Romanian adjusted industrial production inched up 1.1% in April compared with a month earlier, on higher output in most sectors, the country’s statistics institute INS said Monday.
Bucharest Stocks Close Down 0.7% On International Worries
Bucharest shares ended a two-day rally with a 0.7% decline Friday, in line with international markets, which closed down after the US Federal Reserve failed to indicate whether it would take...
Leu Closes Flat Vs Euro In Quiet Market
Romania’s leu traded slightly above 4.46 per euro in late session Friday and closed roughly flat on the day, in a quiet market.
Romania’s Stake In Rompetrol Transferred To Economy Ministry
Romania’s Finance Ministry plans to transfer its 44.7% stake in oil refinery Rompetrol Rafinare (RRC.RO) to the privatization division of the Economy Ministry, according to a government draf...
Government: Privatization Of Power Plants To Continue
The Romanian government has pledged to continue a key privatization program in the energy sector agreed with the International Monetary Fund by selling majority stakes in four new power comp...
Leu Reverses Losses Vs Euro, Exchange Rate At 4.461
Romania’s leu reversed early losses against the euro by midday Friday and the central bank’s reference strengthened to 4.461 units, from 4.4625 units a day earlier, with dealers suspecting a...
Leu Down Vs Euro In Early Trade
Romania’s leu opened down against the euro Friday, mirroring neighboring currencies, and traded slightly below 4.47 units in early action.