24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romanian PM Says Cupru Min Simply Unprofitable
Romanian Prime Minister Mihai Ungureanu Thursday said the government had to sell the copper producer Cupru Min because the company wasn’t profitable and turning it around would have entailed...
Leu In Ranges Vs Euro, Exchange Rate At 4.373
Romania’s leu moved in a tight range against the euro by midday Thursday and the central bank’s reference strengthened to 4.373 units, from 4.3742 units a day earlier.
Leu Closes Higher Vs Euro, Unlike Neighbors
Romania’s leu strengthened slightly against the euro amid a quiet market Wednesday, contrary to the movement in the region.
Proprietatea Fund Clears Plan To Sell Assets
Romanian investment fund Fondul Proprietatea (FP.RO) Wednesday decided to sell some of its assets and distribute the proceedings to its shareholders.
BRD Cuts Romanian Economic Growth Forecast To 1.9% In 2012
Romanian lender BRD-Groupe Societe Generale (BRD.RO) Wednesday revised downward its forecast on the country’s economic growth to 1.9% in 2012, from 2.1% previously, saying it expects a slowd...
Leu Up Vs Euro, Exchange Rate At 4.3742
Romania’s leu advanced against the euro by midday Wednesday and the central bank’s reference strengthened slightly to 4.3742 units, from 4.378 units a day earlier.
Eurostat: Romania February Retail Sales Fall At 3rd Fastest Pace In EU
Romanian retail sales fell 2.5% in February from the previous month, the third largest decrease in the European Union, official data showed Wednesday.
Leu Ends Up Vs Euro Amid Low Volumes
Romania’s leu edged higher against the euro in late trade Tuesday and closed just shy of 4.376 units, amid low volumes.
Leu Stable Vs Euro, Exchange Rate At 4.378
Romania’s leu was stable against the euro by midday Tuesday, in line with the currencies in the region, and the central bank’s reference gained slightly to 4.378 units, from 4.3786 units a d...
Bucharest Stocks Open Down On Low Volumes
Bucharest shares opened lower Tuesday, amid low volumes, with power grid operator Transelectrica (TEL.RO) covering over 40% of the market’s liquidity in early action.
Leu Gains Modestly Vs Euro In Early Trade
Romania’s leu opened slightly higher against the euro Tuesday and moved in a narrow range in early session, amid low volumes.
Romania February PPI +0.8% On Month, +5.9% On Year
Romania’s industrial producer price index inched up 0.8% in February from a month earlier, fueled by growth in most sectors, the country’s statistics institute INS said Tuesday.