24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Spencer Stuart, Egon Zehnder File Bids To Conduct CEO Search For Romanian State Companies
Recruiting firms Spencer Stuart and Egon Zehnder International have filed bids to search executives for Romanian state-run companies Hidroelectrica, Oltchim (OLT.RO), Electrica Furnizare and...
UniCredit: FDI Flows Affected By Risk Aversion, Political Uncertainty
Foreign direct investments in Romania will remain subdued in 2012, amid increasing risk aversion in international markets and political uncertainty on the local market, Italy’s UniCredit sai...
UniCredit: External Financing Remains Romania’s Main Challenge In 2012
External financing could prove costly for Romania in the first half of 2012 and the country may have to tap into a EUR5 billion loan made available through a precautionary program from the I...
Leu Ends Higher Vs Euro, Attuned To Region
Romania’s leu advanced against the euro in a quiet market Thursday, tracking the currencies in the region, and closed almost 0.2% stronger on the day at 4.3435/4.346 to the euro.
Romania Sells RON436M 5-Year Bonds At 7% Average Yield
Romania’s Finance Ministry on Thursday sold 436 million lei (EUR100.3 million) in five years bonds, above the planned amount, at an average yield of 7% a year, lower than at the previous auc...
Romanian President Says Economy Grew 2.5% In 2011
Romanian economy grew at an annualized rate of 2.5% in 2011, mostly fueled by higher exports and a good farming harvest, President Traian Basescu estimated Thursday.
Leu In Ranges Vs Euro, Exchange Rate At 4.3452
Romania’s leu traded in ranges against the euro by midday Thursday and the central bank’s reference strengthened modestly to 4.3452 units, from 4.3497 units a day earlier.
Oltchim To Work On Debt Payment Schedule With Electrica
Romanian chemical company Oltchim (OLT.RO) Thursday said it will establish a payment schedule for its debt to energy supplier Electrica, a day after the latter has terminated an agreement si...
Electrica Calls Off Auction To Buy Wind Turbines
Romanian state-run power distributor Electrica has called off an auction to purchase wind turbines for its planned wind farms in the eastern county of Galati, saying the offers received were...
Romgaz GM Suspended Pending Investigation
Romanian Economy Ministry Ion Ariton Wednesday suspended Marcel Piteiu from his position as general manager of natural gas producer Romgaz, pending an investigation into allegations of under...
Government Approves Bridge Bank Law For Struggling Lenders
Romanian government Wednesday approved the legal framework that will allow the central bank to create a bridge bank to manage and insulate financially troubled lenders.
Leu Falls Vs Euro In Quiet Market
Romania’s leu weakened against the euro amid a quiet market Wednesday and closed 0.35% lower on the day, despite a positive sentiment in the region after the International Monetary Fund anno...