24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
INS: Power Output +1.7% On Year In January-November 2011
Romanian power output rose 1.7% on the year to 21.47 million tons of oil equivalent in the first 11 months of 2011, fueled by higher production in most sectors, official data showed Wednesda...
Inflation Falls To 3.14% In December, Within Central Bank Target
Romanian consumer prices inched up 0.23% on the month in December, on higher prices all across, but the annual inflation eased for the second straight month to 3.14%, a new record low in ove...
Leu Recovers Vs Euro, In Line With Neighbors
Romania’s leu recouped versus the euro in late trade Tuesday, tracking the neighboring currencies, and closed almost flat at 4.359/4.3605 units, from 4.3585/4.36 units a day earlier.
ING: Romania Bank Liquidity Shortage Widened In December
The liquidity gap in the Romanian banking system has widened significantly in December, with lenders borrowing on average 4.1 billion lei (EUR0.94 billion) a day from the central bank, well...
Leu Exchange Rate Hits 18 ½-Month Low Of 4.3625 Vs Euro
Romania’s leu recovered part of its early losses against the euro by midday Tuesday, but the central bank’s reference lost 0.2% on the day to 4.3625 units, the lowest rate in 18 and a half m...
Petrom, Others Slapped With EUR205M Fine In Fuel Probe
Romanian antitrust regulator Tuesday fined six top players in the oil industry, including OMV Petrom (SNP.RO) and Rompetrol Rafinare (RRC.RO), with a total amount of around 880 million lei (...
Erste Cuts Romanian Proprietatea Fund Target Price To RON0.51/Share
Austria’s Erste Group Bank Tuesday cut by 29% to 0.51 lei (EUR0.117) a share its 12-month target price on Romanian investment fund Fondul Proprietatea (FP.RO), while keeping its recommendati...
Romanian Top Oil Players Slapped With Hefty Fines In Fuel Probe - Sources
Romania’s top oil companies were fined with amounts of up to 3% of their sales reported for 2010 following a probe into the local fuel market, people familiar with the situation told MEDIAFA...
Bucharest Stocks Open Down Amid Low Volumes
Bucharest shares edged lower in a quiet session Tuesday morning, with the composite index BET-C losing 0.24% amid low volumes.
Leu Falls To 4.37 Vs Euro In Early Trade
Romania’s leu opened down against the euro Tuesday morning and traded just shy of 4.37 units in early session, with dealers suspecting a covert intervention from the central bank to steer th...
Petrom, Rompetrol Shares Suspended Ahead Of Fuel Probe Report
Shares in Romania’s largest two oil companies OMV Petrom (SNP.RO) and Rompetrol Rafinare (RRC.RO) have been suspended from trading on the Bucharest stock exchange pending the results of an i...
Romanian November Industrial New Orders Rise 5.7% On Month
Romanian industrial new orders rose 5.7% on the month in November 2011, on higher demand in most sectors, the statistics institute INS said Tuesday.