24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
BRD To Free Up Provisions Of RON1.5B After IFRS Adoption
Romanian second largest lender BRD- Groupe Societe Generale (BRD.RO) estimates will free up provisions worth some 1.5 billion lei (EUR350 million) following the adoption of the international...
BRD Sees Higher Bank Rates In Coming Months
Romanian bank interest rates are likely to increase in the coming period, despite the central bank’s monetary policy easing, the head of the country’s second largest lender BRD - Societe Gen...
Moody's: Romania's New Cabinet Unlikely To Deviate From IMF Reforms
Romania’s newly formed government is likely to continue the country’s economic and fiscal program under a EUR5 billion loan from the International Monetary Fund and the EU, a report from Moo...
Romanians Remain Pessimistic About Economic Outlook - Survey
Romanians remain pessimistic about the country’s economic outlook for the next twelve months, but consumers are more inclined to open their purses than they were in the second half of 2011,...
Leu Steady Vs Euro, Exchange Rate At 4.3473
Romania’s leu traded in ranges against the euro by midday Tuesday, while the central bank’s reference was set at 4.3473 units, barely changed from 4.3477 units a day earlier.
Eurostat: Romania December Industrial Output Rose At 6th Fastest Pace In EU
Romania’s industrial production rose 1.9% on the year in December 2011, the sixth biggest increase in the European Union, official data showed Tuesday.
Leu Remains Stable Vs Euro In Quiet Market
Romania’s leu moved in tight ranges against the euro amid a quiet market Monday and closed slightly higher on the day at 4.344/4.3455 per euro.
Antibiotice Net Profit Rises 60% To RON20M In 2011
Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) Monday said its net profit rose 60% to 20 million lei (EUR4.7 million) in 2011, fueled by a 15% increase in sales.
Law Firm Bostina & Asociatii Says 2011 Revenues Hit Record High
Bostina si Asociatii, one of Romania’s largest law firms, reported record revenues of over EUR25 million for 2011, from EUR15.7 million a year earlier, according to the company’s preliminary...
Romania Sells RON1.5B 1-Year T-Bills At 5.8% Average Yield
Romania’s Finance Ministry on Monday sold 1.5 billion lei (EUR345 million) in one-year treasury bills, almost double the planned amount, at an average yield of 5.8% a year.
Leu Exchange Rate Modestly Higher At 4.3477 Vs Euro
Romania’s leu traded near 4.35 per euro by midday Monday and the central bank’s reference strengthened to 4.3477 units, from 4.3529 units in the previous session.
UAMT Oradea 2011 Net Profit Rises 77% On Year
Romanian car parts maker UAMT Oradea (UAM.RO) Monday said its net profit rose 77% on the year to around 542,000 lei (EUR128,000) in 2011, fueled by higher sales.