24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania To Cut Social Security Tax By 5 Pct Points In July - FinMin
Romania will lower the social security tax rate by five percentage points as of July 1, Finance Minister Ioana Petrescu said Thursday.
Romania's Flat Tax Rate Remains Unchanged For 2015, Finance Minister Says
Romania will keep its 16% flat tax rate on income unchanged into next year, as the progressive taxation the government has been contemplating entails certain technical aspects which cannot b...
Leu’s Exchange Rate Hits New 10-Month High Of 4.3934 Vs Euro
The Romanian leu moved in a tight range against the euro by midday Thursday and the central bank’s reference gained 0.1% on the day to 4.3934 units, a new record high in the last 10 months.
IMF: Romania Should Speed Up Privatization, EU Fund Absorption
Romania’s economy is on its way to match the pre-crisis growth levels, but the recovery pace has been slower compared with other countries and the authorities should speed up the privatizati...
Eurobank Switches To EUR4.1M First Quarter Loss In Romania
Greece’s third biggest bank Eurobank Ergasias Wednesday said it has switched to a loss of EUR4.1 million in Romania in the first three months, from a net profit of EUR4.3 million in the year...
Hidroelectrica To End Insolvency Process In May-June 2015 - Administrator
Romania’s state-run hydropower company Hidroelectrica will likely complete its second insolvency process in May or June next year, the company’s legal administrator Euro Insol said Wednesday...
Leu Closes Flat Vs Euro In Quiet Session
Romania’s leu moved in narrow ranges against the euro in a quiet market Wednesday to finish the session at 4.394/4.395, barely changed from 4.3945/4.397 in the previous day.
Garanti Bank Raises RON300M In 5-Year Bond Sale
Garanti Bank Romania, a subsidiary of Turkey’s second largest bank Garanti Bankasi, has raised 300 million lei (EUR68.2 million) at a five-year bond issue launched May 26, at an annual inter...
Veneto Banca Bucharest Seeks To Draw EUR70M In New Deposits This Year
Veneto Banca Bucharest, the Romanian unit of Italy’s banking group Veneto Banca, expects it will attract around EUR70 million in new deposits this year, the bank’s outgoing general manager P...
Leu’s Exchange Rate Weakens Slightly To 4.3981 Vs Euro
The Romanian leu was stable against the euro during the first half of the trading session Wednesday and the central bank’s reference weakened slightly to 4.3981 units, from a 10-month high o...
OMV Petrom’s Kazakh Unit May Borrow Up To $200M From EBRD
The European Bank for Reconstruction and Development is considering a syndicated loan of up to $200 million to Kazakh Kom Munai LLP, a subsidiary of Romania’s leading oil and gas company OMV...
Leu Ends Higher Vs Euro In Lively Trading
Romania’s leu closed slightly higher versus the euro after an animated session Tuesday, during which it has appreciated to its strongest levels in the past 10 months.