24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania Raises RON75M In Non-competitive Bond Sale
Romania’s Finance Ministry on Friday raised a planned 75 million lei (EUR16.98 million) at a supplementary non-competitive tender for its April 2020-dated bond reopened yesterday.
Trade Registry: Some 8,890 Companies Went Insolvent In January-April
Romania's Trade Registry on Friday said 8,889 companies filed for insolvency in the first four months of the year, down 14.36% from 10.379 companies in the year-earlier period.
Nita: Romania To Sell 15% In Cuprumin Next Year
Romanian state-run copper producer Cuprumin Abrud will likely float 15% of its own shares in Bucharest next year, following a modernization process, Economy Minister Constantin Nita said Thu...
Leu Strengthens To 4.4 Vs Euro In Late Trade
Romania’s leu closed up at 4.405/4.4083 to the euro Thursday after it hit an intraday high of 4.4 per euro in late trade, its strongest level since July last year.
Romania Sells RON500M 7-Year Bonds At 4.29% Average Yield
Romania’s Finance Ministry Thursday raised a planned 500 million lei (EUR113.2 million) in a reopening of its seven-year bond due April 2020, at an average annual yield of 4.29%, lower than...
Leu To Euro Firms To 9 ½ Month High Of 4.417
The Romanian leu extended its earlier gains versus the euro by midday Thursday, amid a positive sentiment in the region, and the central bank’s reference strengthened roughly 0.5% to 4.417 u...
Romania’s Plan To Guarantee Shares In Electrica IPO Likely To Spark More Interest
Romania’s plan to guarantee a minimum number of shares for small retail investors at the upcoming offering of 51% in state-run electricity distributor Electrica SA is bound to increase the o...
EBRD Purchased Raiffeisen Bank Romania Bonds Worth RON112.5M
The European Bank for Reconstruction and Development has subscribed bonds worth 112.5 million lei (EUR25.3 million) in a senior unsecured bond issue of Raiffeisen Bank Romania ended May 7, t...
OMV Petrom To Assign Drilling Contracts Of Up To EUR205.5M
Romania’s leading oil company OMV Petrom (SNP.RO) plans to award drilling contracts worth between EUR13 million and EUR205.5 million at an auction scheduled for July 15.
Leu Closes Slightly Up Vs Euro On Growing Volumes
Romania’s leu advanced against the euro in late trade Wednesday, tracking the currencies in the region, and finished the session at 4.428/4.4295 units, 0.1% stronger on the day.
Azomures Borrows EUR66M To Upgrade Urea Plant
Romanian chemical fertilizer maker Azomures has borrowed EUR66 million from Czech banks Ceska Sporitelna and Ceskoslovenska obchodni banka to upgrade its urea melt plant, the company said in...
Leu’s Exchange Rate Dips For Third Day, To 4.4378 Vs Euro
The Romanian leu stayed mostly below 4.44 to the euro during the first half of the session Wednesday, while the central bank’s reference weakened for the third consecutive day to 4.4378 unit...