24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Cold Weather Drives Gas Consumption To Record High In Romania
Romanian natural gas consumption rose by 20% to a record 70 million cubic meters a day on average, due to extremely cold temperatures that have gripped the country over the past days, an off...
Romania Launches 10-Year Dollar Bond Issue, Sets Price At 7%
Romanian Finance Ministry has launched a 10-year US dollar-denominated bond issue at an initial price guidance of around 7%, deputy finance minister Bogdan Dragoi told Ziarul Financiar Tuesd...
Eximtur Sales Rise 18% To EUR32M In 2011
Romania’s second largest tourism agency Eximtur Cluj Tuesday reported an 18% increase in its sales to over EUR32 million in 2011, mainly boosted by higher revenue from business tourism and o...
US Titan Machinery Eyes $10M Sales In Romania In 2012
US Titan Machinery Inc., which runs equipment stores for farmers and builders, estimates will sell agricultural equipment worth over $10 million in Romania in 2012, president Peter Christian...
Leu In Ranges Vs Euro, Exchange Rate At 4.3433
Romania’s leu traded near 4.345 per euro by midday Tuesday and the central bank’s reference weakened to 4.3433 units, from 4.334 units a day earlier.
OMV Petrom Increases Gas Imports Amid Freezing Weather
Romanian leading oil company OMV Petrom (SNP.RO) has increased natural gas imports to cover the growing demand on the local market due to below freezing temperatures, the company said Monday...
OPCOM: Day-Ahead Power Deals Hit All-Time Record Of 37,981 MWh
Electricity deals on the day-ahead platform of Romania’s energy market OPCOM rose to an all-time record of 37,981 megawatt per hour Monday, equal to 21% of the local consumption forecast for...
Leu Ends Slightly Higher Vs Euro, Unlike Neighbors
Romania’s leu lost its early gains versus the euro in late trade Monday, but closed slightly higher on the day, amid rising volumes.
Romgaz Awards RON88.3M Contract To Upgrade Storage Facility
Romanian state-run natural gas producer Romgaz Medias has awarded an 88.26 million lei (EUR20.3 million) contract to INSPET Ploiesti to upgrade its storage facility in Bilciuresti locality,...
IMF: Romania's Economic Growth Not Enough To Improve Living Standards
Romania’s economy expanded by 2.5% in the last three months of 2011, the fourth consecutive quarterly growth, but the recovery is not enough to make a lasting imprint on the quality of life...
Leu Gains On Euro, Exchange Rate At 4.334
The Romanian leu continued to advance at a moderate pace against the euro by midday Monday and the central bank’s reference strengthened 0.12% to 4.334 units, from 4.3394 units in the previo...
BNR Pumps RON5.4B Into Market
Romania's central bank BNR Monday injected 5.38 billion lei (EUR1.24 billion) into the market in a one week repurchase agreement operation at an interest rate of 5.75% a year, equal to the m...