24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Up Vs Euro, Exchange Rate At 4.4641
Romania’s leu edged higher against the euro by midday Monday, tracking the currencies in the region, and the central bank’s reference advanced modestly to 4.4641 units, from 4.4646 units in...
Romanian Manufacturing, Construction Sectors Seen Up In May-July
Romanian companies estimate manufacturing and construction activity will pick up in May to July, while retail and services will post only a modest growth, the statistics institute INS said i...
S&P Affirms Romania Ratings At 'BB+'; Outlook Stable
Standard & Poor's Ratings Services Friday affirmed its 'BB+/B' long- and short-term foreign and local currency sovereign credit ratings on Romania, with stable outlook, citing the country’s...
Leu Falls To New Record Low Of 4.475 Vs Euro
Romania’s leu weakened against the euro in late action Friday and hit a fresh all-time low of 4.475 units in interbank trading amid a negative sentiment in the region after Spanish region Ca...
Romania Budget Gap Widens To RON5B In First 4 Months
Romania’s consolidated budget posted a deficit of 5 billion lei (EUR1.1 billion) in the first quarter, equal to 0.83% of the gross domestic product, Finance Ministry data showed Friday.
Fondul Proprietatea To List Its Shares In Warsaw By Year-end
Romanian investment fund Fondul Proprietatea (FP.RO) plans to list its shares on the Warsaw Stock Exchange, or WSE, by the end of 2012, depending on the timing of the establishment of a conn...
Romanians Pay Twice As Much For Electricity As Finns, French
Romanians pay almost twice as much for electricity when adjusted for purchasing power as the Finns or the French, official data showed Friday.
Competition Council: Hidrolectrica Inquiry Needs More Time
Romanian Competition Council’s probe into preferential tariffs at state-run hydropower generator Hidrolectrica will be completed by the end of the year at the earliest, Council president Bog...
Oil Terminal’s Board Chairman May Step Down
Andrei Barbu Todea announced plans to step down from his position of Chairman of the Board at Romanian oil storage and shipment firm Oil Terminal (OIL.RO), the company said in a statement Fr...
Leu Gains Modestly Vs Euro, Exchange Rate At 4.4646
Romania’s leu edged higher against the euro by midday Friday and the central bank’s reference strengthened modestly to 4.4646 units, from a record low of 4.4662 units a day earlier.
Romanian Banks Accessed EIB Financing Worth EUR822M Since 1990
Romanian lenders have accessed financing worth EUR822 million from the European Investment Bank from 1990 until now, equal to 4.7% of the EIB funds made available in Central and Eastern Euro...
Germany’s E.ON Mulls Opening Business Service Center In Romania
Germany’s utility E.ON plans to open a new business service center in Cluj-Napoca city, northwest Romania, as part of a larger restructuring program aimed to cut costs and optimize services...