24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
SIF Muntenia Swings To 1Q Net Profit Of RON4.3M
Romanian investment fund SIF Muntenia (SIF4.RO) Monday said it swung a net profit of 4.3 million lei (EUR0.97 million) in the first quarter, versus loss of RON4 million a year earlier.
Leu Closes Flat Vs Euro, Unlike Neighbors
Romania’s leu moved in a tight range against the euro in a quiet session Monday and closed flat on the day, unfazed by the negative sentiment in the region following worrisome election resul...
BNR Injects RON6.5B Into Market
Romania's central bank (BNR) Monday pumped 6.49 billion lei (EUR1.47 billion) into the market in a seven-day repurchase agreement operation at an interest rate of 5.25% a year, equal to the...
Romania Sells RON750M 1-Year T-Bills At 5% Average Yield
Romania’s Finance Ministry on Monday sold a planned 750 million lei (EUR170.2 million) in one-year treasury bills, while the average yield was flat at a record low of 5.02% a year, central b...
Lack Of Offers Limits ArcelorMittal Galati's Energy Purchase Options
ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, has not renewed its bid to buy electricity on the Romanian power exchange OPCOM because of lack of offers, gener...
ArcelorMittal Galati Could Shut Down Mechanical Parts Production
ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, could shut down the mechanical parts production at its UPSRS siderurgical plant, the company’s spokesman Dorian...
Romania Eyes Local, International Listing Of Key Power Companies
Romanian authorities plan to list minority stakes in key state-run energy and natural gas companies both on the Bucharest Stock Exchange and on international markets, economy minister-design...
Chitoiu: Romania To Resume Petrom Stake Sale After Market Analysis
The Romanian government will decide whether to resume the sale of a 10% stake in oil company OMV Petrom (SNP.RO) after conducting a market analysis, economy minister-designate Daniel Chitoiu...
Leu Ends Slightly Higher Vs Euro In Lackluster Trade
Romania’s leu strengthened slightly against the euro Friday and closed near 4.4 units, after a calm session.
Almost 2.6% In Proprietatea Fund Sold For RON200M In Bucharest
A stake of 2.59% in Romanian investment fund Fondul Proprietatea (FP.RO) was traded on the Bucharest bourse Friday for 199.4 million lei (EUR45.2 million).
Romania's New Government To Impose Moratorium On Shale Gas Drilling
Romania’s newly named government plans to impose a moratorium on shale gas exploitation until European Union-commissioned studies to assess possible environmental damage of hydraulic fractur...
Bucharest Stocks Open Down Amid Low Volumes
Bucharest shares opened slightly lower amid scarce liquidity Friday morning, tracking international markets.