24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Stays In Ranges Vs Euro, Exchange Rate At 4.3409
Romania’s leu traded near 4.34 per euro by midday Friday and the central bank’s reference gained modestly to 4.3409 units, from 4.3422 units a day earlier.
BCR’s Lucian Anghel Runs For Bucharest Bourse Board Chairman
Romanian bank Banca Comerciala Romana (BCR) has nominated its chief economist and strategy manager, Lucian Anghel, for the position of Board Chairman of the Bucharest Stock Exchange.
Romania 3Q Labor Costs Rise At 2nd Fastest Pace In EU
Total hourly labor costs in the Romanian economy rose 7.9% on the year in July through September, the second-biggest increase in the European Union, official data showed Friday.
Mechel Completes EUR3.2M Investment At Its Otelu Rosu Plant
Russian steel giant Mechel Thursday said it has completed a EUR3.2 million investment in a new production line at its Ductil Steel Otelu Rosu plant, in western Romania.
Rominserv Sees Revenue Down To $200M In 2011
Rominserv Valves Iaifo Zalau, the general contractor of Romania’s second-largest oil group Rompetrol, estimates total revenue of $200 million in 2011, slightly down from $217 million a year...
Proprietatea Fund Profit Rises To RON536M In November
Romanian investment fund Fondul Proprietatea Thursday said its net profit inched up 0.5% to 536 million lei (EUR123.4 million) in November, from RON533.4 million a month earlier.
Transelectrica Cuts 2011 Pretax Profit Forecast To RON25M
Romanian state-run power grid operator Transelectrica (TEL.RO) estimates a pretax profit of 25 million lei (EUR5.75 million) in 2011, down from RON42 million previously predicted, the compan...
Romania To Select Advisers For Electrica Units Privatization By End March
The Romanian Economy Ministry will hire by March 31, 2012 advisers for the privatization of several units of power company Electrica SA, according to a couple of draft government decisions.
Leu Closes Higher Vs Euro, In Line With Neighbors
Romania’s leu edged higher against the euro in late trade Thursday, tracking the currencies in the region, and closed modestly stronger on the day, amid average volumes.
Romania Extends Bidding Deadline For Cernavoda Nuke Project
Romanian state-owned energy producer Nuclearelectrica Thursday extended until March 15, 2012 the deadline by which investors can file binding offers for the construction of two additional re...
Greek ATEbank To Sell Romanian Unit Via Public Tender
Greece’s ATEbank will launch an open public tender to sell its 93.27% stake in ATEbank Romania, as part of a wider restructuring program, the Greek lender said in a statement Thursday.
Romania Has Second-Highest Income Tax Rates In CEE - Survey
Romania has one of the highest corporate and personal income tax rates in central and eastern Europe, second only to neighboring Hungary, a survey from tax advisory firm Accace showed Wednes...