24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
voestalpine VAE APCAROM Pays 60% Lower Dividend In 2012
Romanian rolling stock maker voestalpine VAE APCAROM (APC.RO), owned by Austria's voestalpine, Wednesday approved paying its shareholders a gross dividend of 0.09 lei (EUR0.02) a share from...
Bucharest Stocks Gain Modestly In Early Action
Bucharest shares edged higher in early trade Wednesday, amid rising volumes, with financial stocks covering half of the morning liquidity.
Leu Slightly Up Vs Euro In Early Trade
Romania’s leu opened a tad higher against the euro Wednesday and traded just below 4.38 units in early action, amid a quiet market.
Biofarm Sees 2012 Net Profit Up 17% To RON16.6M
Romanian drugmaker Biofarm (BIO.RO) estimates its net profit will rise 17% on the year to 16.6 million lei (EUR3.79 million) in 2012, fueled by higher sales.
Leu Edges Higher Vs Euro, Central Bank Intervention Suspected
Romania’s leu traded around 4.38 per euro in late session Tuesday and closed slightly stronger on the day, with dealers suspecting a covert intervention from the central bank to prop the nat...
Uztel Ploiesti Sees Double Profit In 2012, At RON10M
Romanian oilfield equipment manufacturer Uztel Ploiesti (UZT.RO) Tuesday estimated its net profit will almost double to 10.1 million lei (EUR2.3 million) in 2012, from RON5.4 million a year...
Electroputere Eyes Turnaround After 11 Bad Years
Romanian electric engine maker Electroputere Craiova (EPT.RO) estimates it will swing to profit in 2012, after eleven consecutive years of losses.
Leu Exchange Rate Flat At 4.3791 Vs Euro, On Alleged Central Bank Support
Romania’s leu lost early gains versus the euro by midday Tuesday, but the central bank’s reference was barely changed on the day, with dealers suspecting the bank stepped into the market to...
Hidrolectrica To Lift Force Majeure On Power Deliveries May 1
Romanian state-run hydropower generator Hidrolectrica will deactivate a force majeure on energy deliveries May 1, the Economy Ministry said in a statement Tuesday.
Drought-Hit Hidroelectrica Supplies Over 40% Of Romania Power Output
Romania’s state-run hydropower generator Hidroelectrica is covering over 40% of the national energy production, despite operating at half capacity, according to data from the power grid oper...
Leu Opens Up Vs Euro In Quiet Market
Romania’s leu opened slightly higher against the euro Tuesday morning, in a quiet market and amid low volumes.
Avicola Crevedia Seeks EUR62.3M Loan For Investments
Romanian poultry processor Avicola Crevedia (AVRE.RO) will borrow 62.3 million lei (EUR14.2 million) from CEC Bank to finance investment and refinance previous debt, the company said in a st...