24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Moody’s Lowers Hidrolectrica Outlook To Negative
Moody's Investors Service Monday said it has changed to negative from stable the outlook on the Ba1 long-term corporate family rating of Romanian hydropower generator Hidroelectrica S.A., wa...
OMV Petrom Eyes RON3.78B Net Profit In 2012
Romanian leading oil company OMV Petrom (SNP.RO) Tuesday estimated its net profit will rise to a new record high of 3.784 billion lei (EUR867.8 million) in 2012, despite slightly lower sales...
Leu Ends Higher Vs Euro, Attuned To Region
Romania’s leu strengthened against the euro Monday, tracking the currencies in the region, and closed 0.2% higher on the day at 4.364/4.365 units.
Romania Runs Budget Deficit Of RON2.7B In Jan-Feb
Romania’s consolidated budget posted a deficit of 2.7 billion lei (EUR618 million) in the first two months, equal to 0.44% of the gross domestic product, Finance Ministry data showed Monday.
Canada's Roman Copper Corp. Offers EUR200.7M To Buy Cupru Min
Canadian-based Roman Copper Corp. won an outcry auction for the purchase of Romanian state-run copper producer Cupru Min Abrud at a price of EUR200.77 million, the Economy Ministry said Mond...
Romania Sells RON300M 6-Month Bills; Yield Falls To Record 5.06%
Romania’s Finance Ministry on Monday sold a planned 300 million lei (EUR68.6 million) in six-month treasury bills, at an average yield of 5.06% a year, the lowest level on record.
Raiffeisen Bank Romania 2011 Net Profit Rises To EUR96M
Raiffeisen Bank Romania, a unit of Austria’s Raiffeisen Bank International AG, Monday said its net profit rose 16% on the year to EUR96 million in 2011, fueled by higher income from loans.
Leu Up Vs Euro, Exchange Rate At 4.3691
Romania’s leu edged higher against the euro by midday Monday and the central bank’s reference strengthened for the fifth consecutive day to 4.3691 units, from 4.3712 units in the previous se...
BNR Injects RON5.85B Into Market
Romania's central bank (BNR) Monday added 5.85 billion lei (EUR1.33 billion) to the market in a one week repurchase agreement operation at an interest rate of 5.5% a year, equal to the monet...
SIF Transilvania Sees Profit Falling To RON89M In 2012
Romanian regional investment fund SIF Transilvania (SIF3.RO) estimates its net profit will fall to 89 million lei (EUR20.3 million) in 2012, from a record RON207.7 million a year earlier, ac...
Petrom To Pay Almost Half Of 2011 Profit As Dividend
Romanian dominant oil company OMV Petrom (SNP.RO) Friday proposed paying out a gross dividend of 0.031 lei (EUR0.007) a share from the 2011 profit, 75% higher on the year.
Nearly 50% Of Romania Transelectrica SPO Subscribed In 8 Days
Investors subscribed Friday a little over a third of the 15% stake Romania is offering in state-run power grid operator Transelectrica (TEL.RO), bringing the total stock sold to around 7%.