24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
BNR: Overdue Loans Up 4.5% To RON22.3B In January
Romanian overdue private loans rose 4.5% on the month to 22.3 billion lei (EUR5.12 billion) in January, equal to 9.93% of the total lending, central bank data showed Friday.
ArcelorMittal Romania Sales Up 11% To $931M In 2011
ArcelorMittal, the world’s largest steelmaker, reported total sales of $931 million at its Romanian units in 2011, up 11% from $837 million in 2011.
Leu Exchange Rate Strengthens Slightly To 4.3535 Vs Euro
Romania’s leu retreated modestly against the euro by midday Friday, in line with the currencies in the region, but the central bank’s reference strengthened slightly to 4.3535 units, from 4....
Leu Ends Flat Vs Euro In Quiet Market
Romania’s leu lost earlier gains versus the euro in late trade Thursday and closed flat on the day, amid an apathetic market.
Romgaz Net Profit Rises To RON762M In 2011
Romanian natural gas producer Romgaz Medias Thursday said its net profit rose 17% to approximately 762 million lei (roughly EUR180 million) in 2011, on higher sales.
Romania Sells RON122M 15-Year Bonds At 6.98% Average Yield
Romania’s Finance Ministry on Thursday sold 122 million lei (EUR28 million) in 15-year bonds, below the planned amount, at an average yield of 6.98% a year.
Hidroelectrica Profit Slumps To RON15.7M In 2011, Hit By Drought
Romanian state-run hydropower generator Hidroelectrica Thursday said its net profit dropped to 15.7 million lei (EUR3.6 million) in 2011, from over RON292 million a year earlier, hit by dry...
EU Cuts Romania GDP Growth Outlook To 1.6% In 2012
The European Commission revised its forecast on Romanian economic growth to 1.6% in 2012 from 2.1% previously, saying it expects growth to be negatively affected by uncertainties in the fina...
Leu Up Vs Euro, Exchange Rate At 4.3557
Romania’s leu edged higher against the euro by midday Thursday and the central bank’s reference strengthened modestly to 4.3557 units, from 4.3602 units a day earlier.
Romania To Launch Roadshows For Transelectrica SPO Next Week
Romania will launch roadshows for a secondary offering of 15% in state-run power grid operator Transelectrica (TEL.RO) on February 27, while investors will be able to subscribe to the offeri...
Profi Buys Small Retailer In C Romania
Romanian retailer Profi bought Sibiu-based supermarket network Alcomsib, which holds six stores and was previously owned by the Aldea family.
Mechel Announces Romanian Plants Resume Production After Halt
Russia’s steel giant Mechel Wednesday said three of its four Romanian plants that ceased production because of bad weather have resumed operations, while the last one is scheduled to start a...