24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania Climbs To 10th Place In E&Y’s Wind Energy Attractiveness Top
Romania’s strong wind market has pushed the country to the 10th place in a global attractiveness ranking for investments in wind energy, according to a report from Ernst & Young.
Leu In Ranges Vs Euro, Exchange Rate At 4.3486
Romania’s leu moved in a narrow range against the euro by midday Wednesday and the central bank’s reference weakened marginally to 4.3486 units, from 4.348 units a day earlier.
Romania Plans To Sell RON5B Treasuries In March
Romania’s Finance Ministry plans to sell state paper worth 5 billion lei (EUR1.15 billion) in March, down from RON8.3 billion sold a month earlier, ministry data showed Wednesday.
Petrom: Romania May Break Free From Dependence Of Natural Gas Imports
Romanian leading oil company OMV Petrom (SNP.RO) Wednesday said its latest hydrocarbon discovery in the Black Sea could reduce or altogether eliminate the country’s dependence on gas imports...
Romania Hydropower Potential Estimated At 8,000 MW; New Investments Needed
The potential for hydropower projects in Romania is huge, but it cannot be reached without further investments, Environment Minister Laszlo Borbely said Tuesday.
Leu Closes Higher Vs Euro, Attuned To Region
Romanian leu ended slightly higher against the euro amid low volumes Tuesday, in line with the currencies in the region.
CEZ: Low Energy Tariffs Impact New Investments
Romania’s low tariffs for energy consumers are taking a toll on companies’ financial resources, limiting new investments, said Adrian Borotea, corporate affairs manager with Czech utility CE...
Romania Reopens Dollar Bond Issue For Up To $1B
Romania has reopened a 10-year US dollar-denominated bond issue on the American market and set an initial price guidance of 6.5%, Finance Ministry data showed Tuesday.
CEZ Romania 2011 Revenue Slides 5% To EUR383M
CEZ Romania, a unit of Czech power group CEZ AS, posted a 5% decline in sales to CZK9.5 billion (EUR383 million) in 2011, hit by lower revenue from distribution services and provisioning aga...
Hidroelectrica Mulls EUR200-EUR300M Bond Issue To Fund Projects
Romanian state-run hydropower generator Hidroelectrica is considering launching a bond issue of around EUR200-EUR300 million as alternative financing to the traditional bank loans, general m...
Leu Up Vs Euro, Exchange Rate At 4.348
Romania’s leu edged higher against the euro by midday Tuesday and the central bank’s reference strengthened slightly to 4.348 units, from 4.3525 a day earlier.
Hidroelectrica Sees Profit Rising Up To RON100M In 2012
Romanian state-run hydropower generator Hidroelectrica estimates its net profit will rise up to 100 million lei (EUR23 million) in 2012, from roughly RON16 million a year earlier, as water l...