24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
INS: February Adjusted Retail Sales -2.5% On Month
Romanian adjusted retail sales decreased 2.5% in February compared with a month earlier, due to falling demand in most sectors, the statistics institute INS said Tuesday.
Prodplast Relocates Operations, Halts Production May 1
Romanian plastics producer Prodplast (PPL.RO) Monday said it will cease production indefinitely as of May 1 because of relocation proceedings.
Ropharma Eyes 20% Higher Profit In 2012
Romanian generic drugs wholesaler Ropharma Brasov estimates its net profit will rise 20% to 12.8 million lei (EUR2.9 million) in 2012, supported by a 12% increase in sales.
Leu Ends Slightly Higher Vs Euro In Quiet Market
Romania’s leu traded in narrow ranges against the euro in late session Monday and closed slightly higher on the day, amid low volumes.
BRD-Led Consortium To Broker Hidrolectrica’s IPO
Romanian Economy Ministry has selected a consortium comprising BRD, Citigroup, Societe Generale and Intercapital Invest to broker the sale of a 10% stake in state-run hydropower generator Hi...
Romania Sells RON750M 2-Year Bonds At 5.6% Average Yield
Romania’s Finance Ministry on Monday sold a planned 750 million lei (EUR171.3 million) in two-year bonds, at an average yield of 5.6% a year, lower than at the previous auction.
Leu Slightly Up Vs Euro, Exchange Rate At 4.3786
Romania’s leu edged higher against the euro by midday Monday and the central bank’s reference gained slightly to 4.3786 units, from 4.3791 units in the previous session.
BNR Pumps RON6.25B Into Market
Romania's central bank Monday added 6.25 billion lei (EUR1.42 billion) to the market in a one week repurchase agreement operation at an interest rate of 5.25% a year, equal to the monetary p...
BNR: Forex Reserves Rise To EUR34.6B In March
Romanian foreign exchange reserves rose to EUR34.6 billion in March from EUR33.4 billion a month earlier, central bank data showed Monday.
SIF Oltenia Eyes Higher Profit In 2012
Romanian regional investment fund SIF Oltenia (SIF5.RO) Tuesday estimated its net profit will rise 4% to around 87 million lei (EUR20 million) in 2012, from RON83.4 million a year earlier.
Transelectrica Expects Profit To Fall 55.6% On Year In 2012
Romanian state-run power grid operator Transelectrica (TEL.RO) estimates its net profit will fall 55.6% to 40 million lei (EUR9.1 million) in 2012, from RON90.2 million a year earlier.
Over 55% Of Romania Transelectrica SPO Subscribed In 9 Days
Romania’s secondary offering of a 15% stake in state-run power grid operator Transelectrica (TEL.RO) has attracted bids amounting to 55.12% of the shares in the first nine days.