24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
INS: Housing Construction Rises 7.6% On Year In January-March
Romanian housing construction rose 7.6% to 8,270 units in the first quarter from the year-earlier period, on higher activity in urban areas, the country’s statistics institute INS said Wedne...
Bucharest Stocks Close In Red For Second Day
Bucharest stocks closed in red territories for a second day Tuesday, tracking the European markets.
EBRD Purchased Garanti Bank Romania Bonds Worth RON45M
The European Bank for Reconstruction and Development has subscribed bonds worth 45 million lei (some EUR10.2 million) in an unsecured bond issue of Garanti Bank Romania ended May 27, the int...
Leu’s Exchange Rate Dips To 4.3968 Vs Euro
The Romanian leu traded in narrow ranges against the euro by midday Tuesday and the central bank’s reference weakened slightly to 4.3968 units, from a 10-month high of 4.3919 units a day ear...
Romania Raises RON120M In Non-competitive Bond Sales
Romania’s Finance Ministry on Tuesday raised a planned 120 million lei (EUR27.3 million) at two supplementary non-competitive tenders for two bonds reopened yesterday.
Electrica IPO To Kick Off June 16 - Sources
The planned initial public offering of 51% in Romanian state-run electricity distributor and supplier Electrica SA will most likely take place in the June 16-June 25 period, people familiar...
Ropharma Closes Share Buyback Program
Romanian pharmaceuticals company Ropharma Brasov (RPH.RO) on Monday said it has closed a share buyback program launched in early May through which it had planned to repurchase up to 29.1 mil...
Bucharest Stocks Close Slightly Lower
The Bucharest stock market closed slightly lower Monday, ending a seven-day winning streak.
Romania Sells Debt Worth RON1.06B At Two Auctions
Romania’s Finance Ministry sold debt worth 1.067 billion lei (EUR243 million) at two auctions Monday, above the planned amount, at slightly lower yields than at the previous tenders.
Ponta: Electrica To Use IPO Proceedings For Infrastructure Project With Moldova
Romanian Prime Minister Victor Ponta said Monday that the money raised from the planned initial offering of 51% in state-run energy distributor Electrica SA will be used by the company to de...
Romania Forex Reserves Fall To EUR30.7B In May
Romanian foreign exchange reserves fell to EUR30.68 billion in May, from EUR32.44 billion a month earlier, central bank data showed Monday.
Leu’s Exchange Rate Hits New 10-Month High Of 4.3919 Vs Euro
The Romanian leu appreciated slightly against the euro by midday Monday, amid a quiet market, and the central bank’s reference strengthened 0.15% to 4.3919 units, a new record level in the p...