24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania Sells RON1B 5-Year Bonds At 6.16% Average Yield
Romania’s Finance Ministry on Thursday sold a planned 1 billion lei (EUR228 million) in five years bonds, at an average yield of 6.16% a year, lower than at the previous auction.
Leu In Ranges Vs Euro, Exchange Rate At 4.3718
Romania’s leu traded near 4.37 per euro by midday Thursday and the central bank’s reference strengthened slightly to 4.3718 units, from 4.3754 units a day earlier.
Bucharest Bourse Proposes Triple 2011 Dividend
The Bucharest Stock Exchange (BVB.RO) Wednesday proposed paying out a gross dividend of 2.1417 lei (EUR0.4894) a share from the 2011 profits, triple on the year.
IMF Approves New EUR505M Disbursement To Romania
The International Monetary Fund Wednesday completed the fourth review of Romania’s economic performance under a EUR3.6 billion precautionary loan agreement, enabling the disbursement of a ne...
UniCredit Tiriac Bank 2011 Net Profit Falls 7% To RON160M
Romania’s UniCredit Tiriac Bank on Thursday said its net profit slid 7% to 159.4 million lei (roughly EUR38 million) in 2011, on higher operating costs and lower revenue from interests.
Swiss Ameropa Completes Takeover Of Azomures
Swiss grain trader Ameropa Holding AG, through its Pelican Fertilizer units, has completed the acquisition of Romanian fertilizer producer Azomures (AZO.RO).
Leu Ends Higher Vs Euro, Unlike Neighbors
Romania’s leu edged higher against the euro in late trade Wednesday and market participants suspect the central bank has stepped in to support the national currency, which has weakened over...
Romania Signs New EEA, Norwegian Grants Agreements
Romanian authorities Wednesday signed agreements on a new round of grants from the European Economic Area (EEA) and the Norwegian Financing Mechanism.
EBRD Invests EUR15.5M In Water Infrastructure In Romania’s Timis County
The European Bank for Reconstruction and Development Wednesday said it has extended a EUR15.5 million loan to Aquatim water utility company to improve water services in Timis county, western...
Leu Stable Vs Euro, Exchange Rate At 4.3754
Romania’s leu was rather stable against the euro by midday Wednesday and the central bank’s reference gained modestly to 4.3754 units, from 4.378 units a day earlier.
Biofarm Set To Double Dividend
Romanian drugmaker Biofarm (BIO.RO) Tuesday proposed paying out a gross dividend of 0.01 lei (EUR0.002) a share from the 2011 profit, nearly double of the year.
Banca Transilvania Gets EUR7.5M EIF Loan To Finance Small Companies
Romanian lender Banca Transilvania (TLV.RO) and the European Investment Fund have signed a EUR7.5 million loan agreement aimed at supporting micro-enterprises and self-employed entrepreneurs...