24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
ArcelorMittal Galati Cancels Order To Buy Energy On Lack Of Offers
ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, has cancelled an order to purchase 3.15 million megawatt hour of electricity on the Romanian power exchange OPCO...
S&P Cuts Bucharest To ‘BB’ And Withdraws Ratings
Standard & Poor's Ratings Services Tuesday said it has lowered its long-term issuer credit ratings on the Romanian City of Bucharest to 'BB' from 'BB+' and subsequently withdrew its ratings,...
Leu Ends Session On A Flat Note Vs Euro
Romania’s leu moved in a tight range against the euro Tuesday and closed roughly unchanged on the day, amid low volumes.
EBRD: Romanian Banking System Vulnerable To Outside Pressure
Romania's banking system remains vulnerable to external pressure, particularly to potential negative developments in Greece and the eurozone, the European Bank for Reconstruction and Develop...
Nabucco Pipeline Project Remains Priority For Romania, Bode Says
Romanian Economy Minister Lucian Bode said the Nabucco pipeline project remains a priority investment for the country, regardless of the project’s final layout.
Emporiki Bank Romania 2011 Loss Narrows To EUR5.1M
Emporiki Bank Romania on Tuesday said its loss narrowed 62% to EUR5.1 million in 2011, from EUR13.5 million a year earlier.
EBRD Ready To Invest Up To EUR500M Annually In Romania
The European Bank for Reconstruction and Development estimates it will invest EUR400 million to EUR500 million a year in Romanian projects over the next three years, according to the bank’s...
Leu In Ranges Vs Euro, Exchange Rate At 4.378
Romania’s leu traded in narrow ranges against the euro by midday Tuesday and the central bank’s reference gained modestly to 4.378 units, from an all-time low of 4.3794 units a day earlier.
Leu Closes Slightly Higher Vs Euro In Quiet Market
Romania’s leu gained modestly against the euro in a calm session Monday, with dealers suspecting the central bank has stepped into the markets to prop the national currency.
Romania Sells RON1B 1-Year T-Bills At 5.3% Average Yield
Romania’s Finance Ministry on Monday sold a planned 1 billion lei (EUR228 million) in one-year treasury bills, at an average yield of 5.31% a year, slightly higher than at the previous aucti...
Romania, International Consortium Sign Brokerage Deal For Romgaz IPO
Romanian Economy Ministry has signed a brokerage agreement to sell 15% in state-run natural gas producer Romgaz Medias, the ministry said in a statement Monday.
Leu Exchange Rate Hits New All-Time Low Of 4.3794 Vs Euro
Romania’s leu edged lower against the euro by midday Monday, but the central bank’s reference weakened to a new record low of 4.3794 units, from 4.3783 units Friday.