24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Opens Up Vs Euro In Quiet Market
Romania’s leu opened slightly higher against the euro Monday morning, tracking regional markets, and traded in narrow ranges in the first part of the session, amid a quiet market.
INS: Romania January-November Trade Gap Narrows To EUR8.64B
Romania’s trade deficit narrowed marginally to EUR8.64 billion in the first 11 months of 2011, from EUR8.69 billion in the year-earlier period, the country’s statistics institute INS said Mo...
Leu Ends Flat Vs Euro In Thin Pre-Xmas Trading
Romania’s leu lost earlier gains versus the euro in late trade Friday and closed flat on the day at 4.2945/4.296 units, amid low volumes.
Romania Hires KPMG To Assess Posta Romana Ahead Of Privatization
Romania's IT&C Ministry has selected audit and advisory firm KPMG Romania for the evaluation of the state-run postal company Posta Romana in view of privatization, the ministry said Friday.
Moody’s: Continued Fiscal Prudence, GDP Growth May Boost Romania Ratings
Maintaining a prudent fiscal policy in the medium term and evidence of accelerating economic growth may prompt a positive revision of Romania’s sovereign ratings in the future, Moody’s Inves...
Leu Exchange Rate Hits 3-Month High Of 4.2912 Vs Euro
Romania’s leu continued its rally against the euro by midday Friday and the central bank’s reference strengthened for the sixth day in a row to 4.2912 units, the highest rate in three months...
Franklin Templeton Says Court Decision Without Material Effect On Proprietatea Fund
A Bucharest Court’s ruling to cancel several decisions taken by the shareholders of Romanian investment fund Fondul Proprietatea (FP.RO), including the appointment of Franklin Templeton as s...
ArcelorMittal To Hike Share Capital Of 2 Romanian Subsidiaries
ArcelorMittal Tubular Products Holding, the tubular products arm of the world’s largest steelmaker ArcelorMittal, will invest 370 million lei (EUR86 million) in the capital stock of its Roma...
Romania To Write Off CNH’s Debt To State Budget
Romanian state-run coal mining company Compania Nationala a Huilei (CNH) will transfer its non-viable mines to the national tax authority ANAF in exchange for having its debt to the consolid...
Mecanica Ceahlau 2011 Net Profit Triples To RON7.3M
Romanian agricultural machinery producer Mecanica Ceahlau (MECF.RO) Friday said its net profit more than tripled to 7.27 million lei (EUR1.7 million) in 2011, fueled by higher sales, accordi...
EU Urges Romania To Set Up Natural Gas Bourse
The European Commission is urging the Romanian government to step up the deregulation of natural gas and electricity, recommending the authorities develop a trading exchange in the gas marke...
Leu Strengthens Vs Euro Amid Falling Volumes
Romania’s leu advanced against the euro in late trade Thursday and closed 0.2% stronger on the day at 4.295/4.297 units, amid slightly lower volumes.