24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania Sets Calendar For Energy Deregulation, Cancels Social Tariffs
The Romanian government will deregulate electricity tariffs for both industrial and household clients in several steps starting with this fall, as part of a stand-by loan agreement signed wi...
Leu In Ranges Vs Euro, Exchange Rate At 4.3608
Romania’s leu traded near 4.36 per euro by midday Wednesday and the central bank’s reference lost a meager 0.08% on the day to 4.3608 units, from 4.3575 units Tuesday.
Romania January Industrial Output Rises At 6th Fastest Pace In EU
Romania’s industrial production rose 2.1% on the year in January, the sixth biggest increase in the European Union, official data showed Wednesday.
Romania Undecided About A Second Go At Petrom Stake Sale
The Romanian government is analyzing whether it would be opportune to reschedule the sale of a minority stake in dominant oil company OMV Petrom (SNP.RO), following a failed attempt in 2011,...
Transelectrica To Invest RON1.1B In Network Expansion In 2012-2014
Romanian state-run power grid operator Transelectrica (TEL.RO) plans to invest over 1.1 billion lei (EUR250 million) between 2012 and 2014 to extend its network and build new units, the comp...
Leu Dips Vs Euro In Calm Session
Romania’s leu edged lower against the euro in a sleepy session Tuesday, amid scarce volumes.
Transelectrica’s Brokers Could Cash Up To RON4.1M If Offer Successful
The three brokers running a secondary public offering of 15% in Romanian power grid operator Transelectrica (TEL.RO) could receive up to 4.1 million lei (EUR0.95 million) for services render...
Transelectrica Sets Public Offering Range. Minimum Share Price At RON14.9, Maximum Price At RON19.2
Romanian state-run power grid operator Transelectrica (TEL.RO) has set its secondary public offering price band at 14.9-19.2 lei (EUR3.41-EUR4.4) a share, the company said Tuesday.
Leu Exchange Rate Weakens Slightly To 4.3575 Vs Euro
Romania’s leu traded below 4.36 per euro by midday Tuesday and the central bank’s reference weakened slightly to 4.3575 units, from 4.3558 units a day earlier.
Leu Weakens Modestly Vs Euro In Quiet Market
Romania’s leu edged lower against the euro in late trade Monday and closed at 4.357/4.358 units, amid low volumes.
OTP Bank Romania Eyes Up To 9% Higher Loans In 2012
OTP Bank Romania, the local unit of Hungary’s financial group OTP, estimates its loan portfolio will increase by 7% to 9% in 2012, fueled by higher consumer loans and increased financing for...
Romania Sells RON2.5B 1-Year T-Bills At 5.27% Average Yield
Romania’s Finance Ministry on Monday sold 2.48 billion lei (EUR571 million) in one-year treasury bills, more than double the planned amount, at an average yield of 5.27% a year, lower than a...