24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
ANEIR Sees Exports Up 20% On Year To EUR45B In 2011
Romanian exports are likely to increase 20% on the year to EUR45 billion in 2011, largely supported by higher exports of cars, telecom equipment and oil products, the national association of...
Leu Firms Vs Euro On Higher Workers’ Remittances
The leu advanced against the euro Monday and closed over 0.5% stronger on the day at 4.312/4.3145 units, supported by rising remittances from Romanians who work abroad.
APIA: Romania 11-Month Passenger Car Sales Down 10.5% On Year
Romanian new passenger car sales fell 10.5% on the year to 89,032 units in January to November, from 99,572 units in the year-earlier period, the Automotive Manufacturers and Importers Assoc...
Romania Sells RON1.7B 1-Year T-Bills At 6.55% Average Yield
Romania’s Finance Ministry on Monday sold 1.71 billion lei (EUR397 million) in one-year treasury bills, above the planned amount, at an average yield of 6.55% a year, lower than at the previ...
BNR Injects RON3.25B In 8-Day Repo
Romania's central bank (BNR) Monday pumped 3.25 billion lei (EUR0.75 billion) into the market in an eight-day repurchase agreement operation at an interest rate of 6% a year, equal to the mo...
Leu Exchange Rate Hits 2-Month High Of 4.3146 Vs Euro
Romania’s leu extended early gains versus the euro by midday Monday and the central bank’s reference strengthened 0.6% to 4.3146 units, the strongest rate in two months.
Moody’s Puts BRD On Review For Downgrade
Moody's Investors Service placed under review for downgrade the ratings of Romanian bank BRD-Groupe Societe Generale (BRD.RO), following the recent downgrade of French parent bank's ratings.
Romania Seeks Assessor For Posta Romana Ahead Of Privatization
Romania's IT&C Ministry will launch a public tender December 22 to hire a professional assessment company for the evaluation of the state-run postal company Posta Romana in view of privatiza...
EBRD To Invest EUR6.8M In Romania’s First Recycling Park
The European Bank for Reconstruction and Development will invest EUR6.8 million in the Green Group recycling park in Romania, the first such park in the country, the bank said in a statement...
Court Says Hidrolectrica Can Maintain Force Majeure On Energy Deliveries
The Bucharest Court of Appeals decided that state-run hydropower generator Hidroelectrica can maintain its force majeure declaration on the energy delivered to Energy Holding, Hidroelectrica...
Leu Moves Higher Vs Euro On Growing Volumes
Romania’s leu advanced against the euro in late trade Friday and closed slightly stronger on the day amid raising volumes.
Romania Signs Brokerage Deal For Tarom IPO
The Romanian Transport Ministry has signed an agreement with brokerage houses Carpatica Invest and Swiss Capital for the sale of a 20% stake in state-run airline Tarom, the ministry said in...