24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Slides Vs Euro; Central Bank’s Intervention Suspected
Romania’s leu continued to retreat against the euro in late trade Thursday and hit the day’s low of 4.39 per euro, with dealers suspecting a covert intervention from the central bank to prev...
Romanian Banks Unlock RON10B Provisions After IFRS Adoption
Romanian lenders have unlocked loan loss provisions worth around 10 billion lei (EUR2.3 billion) following the adoption of the international financial reporting standards in January this yea...
Romania Sells RON1B 5-Year Bonds At 6.3% Average Yield
Romania’s Finance Ministry on Thursday sold 1.03 billion lei (EUR235 million) in five-year bonds, double the planned amount, at an average yield of 6.29% a year, lower than at the previous a...
APIA: Car Sales Down 7% On Year To 8,015 Units In Jan-Feb
Romanian new passenger car sales fell 7.1% on the year to 8,015 units in the first two months, from 8,632 units in the year-earlier period, the Automotive Manufacturers and Importers Associa...
Leu Exchange Rate Falls To 21-Month Low Of 4.3672 Vs Euro
Romania’s leu retreated against the euro by midday Thursday and the central bank’s reference weakened to 4.3672 units, the lowest rate in the past 21 months.
Prospectiuni Seeks EUR4.2M Loan To Buy Drilling Equipment
Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) plans to borrow up to EUR4.2 million to purchase drilling equipment, the company said in a statement Wednesday.
Proprietatea Fund Profit Falls To RON1.2M In February
Romanian investment fund Fondul Proprietatea Wednesday said its net profit fell to 1.2 million lei (EUR0.27 million) in February, from RON3.7 million a month earlier.
Isarescu: Banks Are Too Busy Fixing Old Policies To Address New Loans
Romanian banks are too busy correcting their lending policy applied in the years prior to the global financial crisis to focus on new loans, central bank governor Mugur Isarescu said Wednesd...
Leu Ends Lower Vs Euro, Attuned To Region
Romania’s leu weakened modestly against the euro for the second consecutive day Wednesday, tracking neighboring currencies, and closed above 4.365 units, amid slightly higher volumes.
ArcelorMittal Galati Seeks To Buy 3.15M MWh Of Energy At RON200/MWh
ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, plans to buy 3.15 million megawatt hour of electricity on the Romanian power exchange OPCOM to sustain operation...
SIF Muntenia Sees Pretax Profit Down To RON76M In 2012
Romanian regional investment find SIF Muntenia (SIF4.RO) estimates its pretax profit will drop by some 9% to 76 million lei (EUR17.4 million) in 2012, on lower revenues, according to the fun...
Rompetrol Group Gets 5-Year $200M Syndicated Loan
Romanian second largest oil group Rompetrol NV, a unit of Kazahstan’s KazMunayGas, has signed a five-year $200 million syndicated loan agreement with a consortium of banks led by Italy’s Uni...