24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Raiffeisen Asset Management 2011 Pretax Profit Slides To RON6.5M
Romania’s leading asset administrator Raiffeisen Asset Management Wednesday reported a pretax profit of 6.5 million lei (EUR1.5 million) in 2011, around 6% lower on the year.
Raiffeisen Banca pentru Locuinte 2011 Net Profit Halves As Costs Rise
Romanian housing bank Raiffeisen Banca pentru Locuinte (RBL), a unit of Austria’s Raiffeisen Bank, Wednesday said its net profit halved to 500,000 lei (roughly EUR114,300) in 2011, due to hi...
Leu Weakens Vs Euro Amid Low Volumes
Romania’s leu weakened slightly against the euro amid low volumes Wednesday, with dealers suspecting the central bank has stepped into the market to keep the leu from losing too much ground...
SIF Muntenia Sells Remaining Stake In BCR For RON53.5M
Romanian regional investment fund SIF Muntenia (SIF4.RO) Wednesday said it has sold its remaining stake in Banca Comerciala Romana (BCR) to Austria’s Erste Group Bank AG (EBS.RO) for 53.5 mi...
Leu Exchange Rate Weakens To 4.3746 Vs Euro
Romania’s leu traded near 4.375 per euro by midday Wednesday and the central bank’s reference weakened to 4.3746 units, from 4.3696 units a day earlier.
Leu Dips Vs Euro, Attuned To Region
Romania’s leu weakened against the euro Tuesday, tracking the currencies in the region, and closed at 4.371/4.372 units, from 4.368/4.3685 units a day earlier.
Romanian Open-End Fund Assets Up 3% To RON7.4B In March
The combined net assets of Romanian open-end investment funds rose by around 3% to 7.39 billion lei (EUR1.69 billion) in March, from RON7.17 billion a month earlier, the Romanian Association...
Oresa Ventures Launches Rebranding Of RTC Proffice
Swedish private equity fund Oresa Ventures will launch a re-branding program for its Romanian office supply distributor RTC Proffice Experience, the fund said Tuesday.
Deloitte-led Consortium To Advise On CFR Marfa's Sale
Romanian Transport Ministry has selected a consortium comprising US consultancy firm Deloitte, Musat&Asociatii and France’s Systra to advise on the sale of state-run freight rail company CFR...
Leu Loses Early Gains Vs Euro, Exchange Rate At 4.3696
Romania’s leu lost its earlier gains versus the euro by midday Tuesday and the central bank’s reference weakened slightly to 4.3696 units, from 4.3683 units in the previous day.
PCC Wants Updated Assessment Of Oltchim’s Debt To Romania
German PCC SE, a large shareholder in Romanian chemical company Oltchim (OLT.RO), has requested an updated assessment of the company’s public debt to the state privatization authority AVAS,...
Banca Transilvania Holder Proposes Buy-Back Of Up To 0.84% Stock
A shareholder of Romanian lender Banca Transilvania (TLV.RO) Tuesday proposed the bank launch a buy-back program for a stake of up to 0.84%, valued at 16.8 million lei (EUR3.8 million).