24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Closes Down Vs Euro, Unlike Neighbors
Romania’s leu traded around 4.46 per euro in late session Thursday and closed 0.1% lower on the day, amid average volumes.
EBRD Invests EUR12.8M To Improve Water Services In Galati County
The European Bank for Reconstruction and Development on Thursday said it has extended a EUR55.5 million loan to water utility company APA Canal SA Galati to improve water services in Galati...
Romania Sells RON417M 7-Year Bonds At 6.4% Average Yield
Romania’s Finance Ministry on Thursday sold 417.2 million lei (EUR93.4 million) in seven-year bonds, slightly below the planned amount, at an average yield of 6.4% a year.
SABMiller Beer Sales In Romania Slide 8% As Consumers Trade Down
London-headquartered brewer SABMiller Thursday said its lager volumes in Romania fell 8% on the year to 4.45 million hectoliters in the financial year ended March 31, as a prolonged economic...
Banca Transilvania Acquires 7% In SSIF Broker In Debt-To-Equity Swap
Romanian lender Banca Transilvania (TLV.RO) took over 6.91% in brokerage firm SSIF Broker (BRK.RO) from businessman Ioan Cartis in a debt-to-equity deal, the broker said in a statement Thurs...
BCR Borrows EUR50M From EIB To Finance Small Companies
The European Investment Bank has extended a EUR50 million credit line to Romanian lender BCR for on-lending to small and medium sized enterprises, midcap companies and public entities, the b...
Raiffeisen Bank International 1Q Profit In Romania Doubles To EUR31M
Austria’s Raiffeisen Bank International AG Thursday said its after tax profit in Romania almost doubled to EUR31 million in the first quarter, fueled by higher revenue from interest and fall...
Leu Ends Lower Vs Euro On Grexit Concern
Romania’s leu weakened against the euro Wednesday and closed 0.2% lower on the day, amid a negative sentiment in the region due to renewed concern over a possible exit of Greece from the eur...
Glassware Maker Stirom Plans To Raise EUR10M On Stock Exchange
Romanian glass container producer Stirom Bucharest (STIB.RO) hopes to raise around EUR10 million via capital increases and a secondary public offering of stock on the Bucharest Stock Exchang...
KazMunayGas Names New CEO At Rompetrol
Kazakh state-run oil and gas company KazMunayGas Tuesday said it has appointed Zhanat Tussupbekov as the new chief executive officer of its Romanian unit Rompetrol.
Leu Slides Vs Euro On Negative Sentiment
Romania’s leu widened early losses against the euro in late trade Tuesday, tracking the currencies in the region, and closed around 0.3% weaker on the day at 4.4525/4.454 to the euro.
Leu Down Vs Euro, Exchange Rate At 4.4452
Romania’s leu edged lower against the euro by midday Tuesday and the central bank’s reference weakened 0.1% to 4.4452 units, from 4.4408 units a day earlier.