24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Transelectrica Pays RON361M For Grid Works, Maintenance
Romanian state-run power grid operator Transelectrica (TEL.RO) will pay 361.3 million lei (EUR82.2 million) to its unit Smart SA for works and maintenance services at its electric installati...
Leu Closes Slightly Lower Vs Euro In Quiet Market
Romania’s leu weakened modestly against the euro Wednesday and closed slightly below 4.36 units, amid a quiet market.
ING Bank Romania Pretax Profit Rises To RON161M In 2011
ING Bank Romania Wednesday said its pretax profit rose 26% to 161 million lei (EUR36.9 million) in 2011, from RON128 million a year earlier.
Petrom: Romania Gas Market Up 3% In 2011, Fuel Market Steady On Year
Romanian natural gas market rose 3% to 14.2 billion cubic meters in 2011, helped by growing demand from industrial consumers, oil company OMV Petrom (SNP.RO) said Wednesday.
EU Approves RON1.2B State Aid For Coal Mine Closures In Romania
The European Commission has authorized 1.17 billion lei (around EUR270 million) of Romanian public funding for the closure of three uncompetitive coal mining units owned by the country’s har...
Moody’s May Cut Credit Ratings On Romanian BCR, Raiffeisen Bank
Moody's Investors Service Tuesday warned it might lower the credit ratings of 21 bank subsidiaries in central and eastern Europe region and Commonwealth of Independent States, including Roma...
OMV Petrom, ExxonMobil Find Significant Gas Discovery In Black Sea Block
Romanian dominant oil company OMV Petrom (SNP.RO) and ExxonMobil Exploration and Production Romania Wednesday reported a significant gas discovery at their joint Domino-1 deepwater well in t...
Leu Down Vs Euro, Exchange Rate At 4.3602
Romania’s leu edged lower against the euro by midday Wednesday and the central bank’s reference weakened 0.12% to 4.3602 units, from 4.355 units a day earlier.
OMV Petrom 2011 Net Profit Jumps 72% To RON3.76B
Romanian leading oil company OMV Petrom (SNP.RO) Wednesday said its net profit rose 72% to a record 3.76 billion lei (EUR887 million) in 2011, fueled by higher crude oil prices and lower cos...
Bank Of Cyprus 2011 Profit In Romania Down 34% To EUR6M
Bank of Cyprus Tuesday reported a 34% drop in its after-tax profit in Romania to EUR5.9 million in 2011, hit by lower revenue from interests, according to the lender’s financial report.
Leu Dips Vs Euro In Calm Session
Romania’s leu closed slightly lower against the euro after a lackluster session Tuesday, amid low volumes.
Leu In Ranges Vs Euro, Exchange Rate At 4.355
Romania’s leu moved in narrow ranges against the euro by midday Tuesday and the central bank’s reference weakened marginally to 4.355 units, from 4.3535 units a day earlier.