24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Transelectrica Lifts Ban On Power Exports
Romanian state-run power grid operator Transelectrica (TEL.RO) Monday said it has lifted a temporary ban on electricity exports imposed on local companies after freezing temperatures drove c...
Leu Gains Modestly Vs Euro In Quiet Market
Romania’s leu strengthened slightly against the euro Monday and closed at 4.35/4.3515 units, amid low volumes.
BNR Sees Lower Rates For Leu Loans In Next Months
Bank interest rates on Romanian leu-denominated loans are likely to enter a downward path in the coming months, but consumer confidence remains the main drive for lending growth, central ban...
Romania Sells RON500M 6-Month Bills At 5.2% Average Yield
Romania’s Finance Ministry on Monday sold a planned 500 million lei (roughly EUR115 million) in six-month treasury bills, at an average yield of 5.22% a year, lower than at the previous auct...
BCR Private Banking Assets Rise To EUR941M
Romania’s largest bank by assets Banca Comerciala Romana (BCR) Monday said its private banking business rose 29% to over 2,000 customers at the end of 2011, with total assets under managemen...
Leu In Ranges Vs Euro, Exchange Rate At 4.3525
Romania’s leu traded near 4.35 per euro by midday Monday and the central bank’s reference gained modestly to 4.3525 units, from 4.3535 units in the previous session.
BNR Injects RON5B Into Market In 7-Day Repo
Romania's central bank Monday pumped 5 billion lei (EUR1.15 billion) into the market in a one week repurchase agreement operation at an interest rate of 5.5% a year, equal to the monetary po...
COMCM Constanta Sales Slide 2% To RON29.3M In 2011
Romanian building materials producer COMCM Constanta (CMCM.RO) Friday reported a 2% decline in its sales to 29.3 million lei (EUR6.9 million) in 2011, from roughly RON30 million a year earli...
Raiffeisen Bank Romania’s Head Of Treasury Appointed Deputy FinMin
Romanian Prime Minister Mihai Ungureanu has appointed Cristian Sporis as the new deputy finance minister, in charge of the state Treasury.
Boromir Prod 2011 Sales Rise 17% To RON149M
Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO) Friday said its sales rose 17% to 148.7 million lei (EUR35.1 million) in 2011, from RON127 million a year earlier.
Leu Ends Flat Vs Euro On Low Volumes
Romania’s leu closed flat at 4.3535/4.356 against the euro amid low volumes Friday, after a quiet session.
Moody’s Sees Romania Funding Needs Sliding To EUR17.2B In 2012
Romania’s financing needs are forecast at EUR17.2 billion in 2012, slightly lower on the year, but the government is likely to borrow an extra EUR800 million to set up a buffer for unforesee...