24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Dips Vs Euro On Negative Sentiment
Romania’s leu traded near 4.44 per euro against the euro in late session Monday, closing slightly weaker on the day amid a negative sentiment in the region.
Romania Sells RON335M 2-Year Bonds At 5.5% Average Yield
Romania’s Finance Ministry on Monday sold 335.4 million lei (EUR75.6 million) in two-year bonds, below the planned amount, while the average yield was virtually unchanged at 5.53% a year.
Monsson Sells 108 MW Wind Farm To Germany’s STEAG
Private Romanian wind energy company Monsson Group has sold a 108 megawatts wind farm project in southeastern county of Constanta to Germany’s electricity producer STEAG, it said Monday.
BNR Adds RON5.4B To Interbank Market
Romania's central bank, or BNR, Monday pumped 5.4 billion lei (EUR1.2 billion) into the market in a seven-day repurchase agreement operation at an interest rate of 5.25% a year, equal to the...
Leu Falls Vs Euro Amid Growing Volumes
Romania’s leu weakened against the euro amid higher volumes Friday and closed above 4.44 units, despite suspected interventions from the central bank to prop the national currency.
Analysts: Romania Central Bank Likely To Move In Force If Leu Weakens Above 4.46 Vs Euro
Romania's central bank is unlikely to allow a too steep depreciation of the leu against the euro and could step in aggressively to protect the national currency and remind investors of the p...
Leu Drops To Fresh Record Low Of 4.4265 Vs Euro
Romania’s leu extended its earlier losses against the euro by midday Friday and the central bank’s reference weakened 0.2% to a new historic low of 4.4265 units, amid growing demand for fore...
EU Cuts Romania GDP Growth Forecast To 1.4% In 2012
The European Commission revised its forecast on Romanian economic growth to 1.4% in 2012 from 1.6% previously, saying it expects exports will have a negative contribution due to financial an...
SIF Banat-Crisana 1Q Net Profit Rises To RON20M
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Friday reported a net profit of 19.5 million lei (EUR4.4 million) in the first quarter, well above RON0.3 million in the year-ea...
Bucharest Stocks Open Down; SIF Oltenia, Transelectrica Fall On Ex-Date
Bucharest shares opened down Friday morning, tracking international markets, while power grid operator Transelectrica (TEL.RO) and regional investment fund SIF Oltenia (SIF5.RO) were losing...
Uztel 1Q Loss Narrows To RON1.1M
Romanian oilfield equipment manufacturer Uztel Ploiesti (UZT.RO) Friday said its loss more than halved to 1.1 million lei (EUR0.25 million) in the first quarter, helped by higher sales.
Leu Falls Vs Euro In Early Trade
Romania’s leu weakened against the euro in early action Friday, amid higher demand for foreign currency from non-residents.