24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
SIF Banat-Crisana Eyes 28% Higher Net Profit In 2012
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) estimates a 28% increase in its net profit to 80.6 million lei (EUR18.4 million) in 2012, as costs are expected to decline faste...
Leu Dips Vs Euro On Rising Volumes
Romania’s leu closed slightly weaker against the euro Friday, amid increased appetite from investors.
Analysts Estimate BNR Will Cut Key Rate To 5.25% Thursday
The Romanian central bank, or BNR, is likely to cut its key rate by a quarter of a point to a new historic low of 5.25% a year at the next monetary policy meeting March 29, according to fina...
Leu Exchange Rate Gains Modestly To 4.3712 Vs Euro
Romania’s leu reference rate strengthened against the euro for the fourth straight day Friday, albeit at a very slow pace, reaching 4.3712 units, from 4.3718 units in the previous session.
Rompetrol Announces Hydrocarbon Discovery At Satu-Mare Block
Romanian second largest oil group Rompetrol NV Thursday announced a hydrocarbon discovery at two wells in its Satu-Mare perimeter drilled jointly with Canadian Winstar Resourses Ltd.
Romanian Trade Gap Seen Widening To EUR10B In 2012
Romanian trade deficit will widen by 25% to EUR9.97 billion in 2012, as imports will grow twice as fast as exports, according to estimates from the National Prognosis Commission.
Transelectrica Proposes RON1.1/Share Dividend For 2011
Romanian state-run power grid operator Transelectrica (TEL.RO) Thursday proposed paying out a gross dividend of 1.1 lei (EUR0.251) a share from the 2011 net profit, well above RON0.116 paid...
Ameropa Owner Named Board Chairman Of Azomures
Andrew Henry Zivy, owner of Swiss grain trader Ameropa Holding AG, has been appointed new chairman of the board of Romanian fertilizer producer Azomures (AZO.RO), following the latter’s purc...
Banca Transilvania To Hike Capital By RON129.4M, Launch Convertible Bond
Romanian lender Banca Transilvania (TLV.RO) Thursday proposed increasing its share capital by 129.38 million lei (EUR29.57) to RON1.9 billion and launching a EUR30 million convertible bond,...
Romania Mulls RON3.4B From Selling Shares In State Companies In 2012
The Romanian government estimates it will raise 3.44 billion lei (roughly EUR800 million) from selling shares in several state-run companies administrated by the industry privatization offic...
Leu Closes Flat Vs Euro In Quiet Market
Romania’s leu was stable against the euro Thursday and closed the day flat at 4.371/4.373 units, amid a quiet market.
Alexandre Paul Maymat To Serve As BRD CEO Starting May
Romanian second largest bank BRD (BRD.RO), majority-owned by France’s Societe Generale, formally proposed Alexandre Paul Maymat for the position of chief executive officer, the lender said i...