24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Slips Vs Euro On Negative Sentiment
Romania’s leu weakened against the euro Monday, tracking the currencies in the region, and closed above 4.38 units per euro, amid low volumes.
Rovinari Seeks RON143M Loan For Upgrades
Romanian state-run thermal power producer Rovinari plans to borrow 143 million lei (EUR32.7 million) to upgrade its production units, the company said in a statement Monday.
Leu Down Vs Euro, Exchange Rate At 4.3792
Romania’s leu retreated against the euro by midday Monday and the central bank’s reference weakened to 4.3792 units, just below the record low of 4.3794 units computed in March.
BNR Injects RON6.3B Into Market
Romania's central bank Monday added 6.3 billion lei (EUR1.44 billion) to the market in a seven-day repurchase agreement operation at an interest rate of 5.25% a year, equal to the monetary p...
Alumil Rom Industry Eyes 16% Higher Profit In 2012
Alumil Rom Industry (ALU.RO), the Romanian unit of Greek aluminum processing group Alumil Mylonas, estimates its net profit will rise 16% to 3.97 million lei (EUR0.9 million) in 2012, the co...
Leu Dips Vs Euro On Low Volumes
Romania’s leu edged lower against the euro in late trade Friday, closing at 4.377/4.3775 per euro, amid low volumes.
Hidroelectrica To Cancel Large Batch Of Underpriced Deals Next Week - Sources
Romanian state-run hydropower producer Hidroelectrica will likely terminate most of its controversial underpriced corporate supply contracts signed in the early 2000s, people familiar with t...
Russia’s Polyus Gold Sells Romanian Mining Assets For $20M
Russia's largest gold producer Polyus Gold on Friday said it has agreed to sell its gold mining assets in Romania for $20 million to a British Virgin Islands incorporated holding company aff...
Unirea Shopping Center 2011 Net Profit Falls To RON3.5M
Romania’s Unirea Shopping Center (SCDM.RO) Friday said its net profit dropped 41.7% to 3.49 million lei (EUR0.79 million) in 2011, hit by the lingering effects of the global financial crisis...
S.African NEPI Plans To Raise RON11.2M-RON22.3M Via Private Share Placement
South-African investment fund New Europe Property Investment (NEP.RO) plans to raise RON11.2 million to RON22.3 million (EUR2.5 million to EUR5.1 million) via a private placing of shares to...
Almost 3% In SIF Banat-Crisana Sold For RON17.5M In Bucharest
A total stake of 2.98% in regional investment fund SIF Banat-Crisana (SIF1.RO) was traded on the Bucharest bourse’s deal market Friday for 17.5 million lei (EUR4 million).
Leu Stable Vs Euro, Exchange Rate At 4.3745
Romania’s leu traded in tight ranges against the euro by midday Friday and the central bank’s reference gained slightly to 4.3745 units, from 4.3748 units a day earlier.