24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Rompetrol Well Services 2012 Profit Seen Up 11% To RON17.5M
Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, estimates its net profit will increase by 11% to 17.5 million lei (roughly EUR4 million) in 2012, as...
Leu Stable Vs Euro, Exchange Rate At 4.3757
Romania’s leu traded in narrow ranges against the euro by midday Thursday and the central bank’s reference strengthened modestly to 4.3757 units, from 4.3778 units a day earlier.
UAMT Oradea Eyes 16% Higher Profit In 2012
Romanian car parts maker UAMT Oradea (UAM.RO) estimates its net profit will rise 16.2% to 630,000 lei (roughly EUR144,000) in 2012, fueled by a 14.7% increase in sales.
Romania 1Q Budget Gap At RON3.4B, Meets IMF Requirements
Romania’s consolidated budget posted a deficit of 3.4 billion lei (EUR776 million) in the first quarter, equal to 0.56% of the gross domestic product, Finance Ministry data showed Wednesday.
BNR: Private Lending +0.5% On Month To RON224.3B In March
Romanian private lending inched up 0.5% in real terms to 224.3 billion lei (EUR51.2 billion) in March from a month earlier, central bank data showed Thursday.
ArcelorMittal, Alro Say No State Aid Under Hidrolectrica Energy Deals
Steel giant ArcelorMittal Wednesday said its contracts signed with Romania’s power producer Hidrolectrica under which it bought energy at below-market prices do not constitute state aid.
Leu Gains Modestly Vs Euro On Positive Sentiment
Romania’s leu advanced versus the euro in late trade Wednesday, tracking the currencies in the region, and closed 0.1% higher on the day at 4.374/4.376 units.
IFC To Finance Agriculture, Infrastructure Projects In Romania In Next FY
The International Finance Corporation (IFC), the private lending arm of the World Bank, plans to finance agriculture and infrastructure projects in Romania worth over $30 million each in the...
CEZ In Advanced Talks To Buy Wind Projects In Romania
Czech utility CEZ is in advanced talks to purchase several wind energy projects in Romania, Germany and Poland, the group’s corporate affairs manager Adrian Borotea said Wednesday.
Transgaz Approves RON29.76/Share Dividend For 2011
Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Wednesday approved paying its shareholders a gross dividend of 29.76 lei (EUR6.79) a share from the 2011 profit, 3.4...
Agricover Credit Borrows EUR12.5M From IFC To Finance Farmers
Romanian Agricover Credit IFN, part of agribusiness group Agricover, Wednesday said it will borrow EUR12.5 million from World Bank’s private financing arm IFC for on-lending to qualified sma...
Fondul Proprietatea Approves 8% Buyback Program
Romanian investment fund Fondul Proprietatea (FP.RO) Wednesday approved a buy-back program for an 8% stake in the fund, valued at 595 million lei (EUR135 million).