24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Exchange Rate At 4.3467 Vs Euro
Romania’s leu was steady against the euro at midday Wednesday, while the central bank’s reference firmed marginally to 4.3467 units, from 4.3473 units a day earlier.
Romania To Sell 15% In Transelectrica In March - Broker
Romania plans to launch a secondary offering of 15% in state-run power grid operator Transelectrica (TEL.RO) early March, one of the brokers hired to help with the sale said Wednesday.
Oltchim 2011 Loss Widens To RON270M
Romania’s state-run chemical producer Oltchim Ramnicu Valcea (OLT.RO) on Wednesday said its loss widened 20.9% on the year to 270 million lei (EUR63.7 million) in 2011, despite higher sales.
Rompetrol Well Services Net Profit Rises To RON15.5M In 2011
Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, Wednesday said its net profit rose 7% to 15.5 million lei (EUR3.56 million) in 2011, from RON14.5 mi...
Dafora 2011 Net Profit Halves To RON3.8M
Romanian drilling company Dafora Medias (DAFR.RO) Wednesday said its net profit more than halved to 3.8 million lei (EUR0.87 million) in 2011, from RON8.1 million a year earlier.
Bucharest Stocks Open Up, In Line With European Markets
Bucharest shares edged higher in early trade Wednesday, tracking international markets following better-than-expected economic data in Germany and France and amid hopes that Greece's financi...
APIA: Passenger Car Sales Down 21% On Year In January
Romanian new passenger car sales fell 21% on the year to 3,475 units in January, from 4,399 units in the year-earlier month, the Automotive Manufacturers and Importers Association, or APIA,...
Leu Opens Flat Vs Euro, Unfazed By 2011 GDP Data
Romania’s leu traded slightly above 4.345 per euro against the euro Wednesday morning, amid low volumes.
Proprietatea Fund Manager Proposes Higher 2011 Dividend
Romanian Fondul Proprietatea (FP.RO) manager Franklin Templeton Wednesday proposed paying the fund’s shareholders a gross dividend of 0.038 lei (EUR0.0087) a share from the 2011 profit, 21%...
Transelectrica 2011 Profit Rises Tenfold Despite 4Q Loss
Romanian state-run power grid operator Transelectrica (TEL.RO) posted losses in the fourth quarter but finished 2011 with a 90.27 million lei (EUR21.3 million) net profit, tenfold higher on...
Transgaz 2011 Net Profit Rises To RON392M
Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Wednesday said its net profit rose 4.2% on the year to 392 million lei (EUR92.5 million) in 2011, on higher sales an...
Romanian Economy Grew By 2.5% In 2011
Romanian economy expanded at an annualized rate of 2.5% in 2011, after a decline of 1.3% in the previous year, a flash estimate of the country’s statistics institute showed Tuesday.