24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
OMV Petrom, ExxonMobil Announce Hydrocarbon Discovery In Black Sea Well
Romanian dominant oil company OMV Petrom (SNP.RO) and ExxonMobil Exploration and Production Romania have found natural gas in a test drilling at the Domino-1 deepwater well in a joint Black...
Transelectrica Has Maxed Out Its Credit Card
Romanian state-run power grid operator Transelectrica (TEL.RO) has maxed out its capacity to borrow money from banks and is looking for alternative resources to finance its planned investmen...
Leu Ends Higher Vs Euro Amid Low Volumes
Romania’s leu returned to gains versus the euro in late trade Friday and closed slightly stronger on the day, amid low volumes.
Economy Ministry: Romania's Gas Consumption To Drop In The Next Days
Romanian natural gas consumption is expected to drop by around 2.5 million cubic meters a day over the weekend, due to lower activity in the industry, the Economy Ministry said in a statemen...
Leu Exchange Rate Modestly Higher At 4.3467 Vs Euro
Romania’s leu edged lower against the euro in mid trade Friday, but the central bank set a reference rate for the national currency of 4.3467 units, slightly stronger from 4.347 units a day...
Romania To Tap US Debt Market Again - Finance Minister
Romania wants to tap again the US debt market, following a successful 10-year bond sale earlier this week, Finance Minister Gheorghe Ialomitianu said Friday.
Eurostat: Romania December Retail Sales Rise At 5th Fastest Pace In EU
Romanian retail sales rose 3.9% in December from the year-earlier month, the fifth largest increase in the European Union, official data showed Friday.
NEPI Buys Office Park City Business Centre In Timisoara
Real estate investment fund New Europe Property Investments (NEP.RO) Thursday said it has paid EUR16.55 million for the shares in a 40,000 plus square meters office park in Romanian western...
Raiffeisen Ups Romania Transgaz Target Price To RON265/Share
Raiffeisen Capital&Investment Thursday raised by 12% to 265 lei (EUR55.9) a share its 12-month target price on Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO), whil...
Leu Closes Flat Vs Euro In Quiet Market
Romania’s leu moved in narrow ranges against the euro amid a quiet market Thursday and closed flat on the day, unfazed by the central bank’s decision to lower the key monetary rate to a new...
Austria’s bauMax Invests EUR20M In New Romanian Store
Austrian building materials retailer bauMax will invest around EUR20 million in a new store in Cluj-Napoca city, northwestern Romania, the company’s general manager for Romania and Bulgaria,...
Finance Ministry Sells RON1.3B 3-Year Bonds At 6.8% Average Yield
Romania’s Finance Ministry on Thursday sold 1.3 billion lei (EUR299 million) in three-year bonds, above the planned amount, at an average yield of 6.79% a year, lower than at the previous au...