24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Basescu: Romania Doesn’t Have To Pitch In To Raise IMF Resources, But It Sure Could Have
Romania doesn’t need to join the other EU states in a common effort to increase the financial resources of the International Monetary Fund, but it would have been “more than able” to do so i...
Leu Dips Vs Euro On Low Volumes
Romania’s leu edged lower against the euro in late trade Friday and closed slightly weaker on the day, amid low volumes.
Romania To Sell 15% In Romgaz By End-June 2012
The Romanian Economy Ministry will sell a 15% stake in natural gas producer Romgaz by end-June 2012, according to the government’s latest letter of intent to a EUR3.5 billion loan agreement...
Cojocaru, Volksbank: Lenders To Rethink Business Strategy As Of 2012
Commercial lenders are bound to undergo deep reorganization starting with 2012, because previous hopes that the economic and financial downturn was only a temporary setback are now obsolete,...
Transgaz Assigned Public Procurement Deals Worth RON300M In 2011
Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) has awarded public procurement contracts worth 300.6 million lei (EUR69.2 million) in 2011, down 14.2% on the year,...
Boc: Romania Backs Stricter Budget Rules In EU
Romania is in favor of imposing stricter fiscal rules in the European Union, including penalties for exceeding a budget gap of 3% of the gross domestic product and a government debt of 60% o...
Leu Exchange Rate Hits New 5-Week High Of 4.3397 Vs Euro
Romania’s leu advanced against the euro by midday Friday and the central bank’s reference strengthened to 4.3397 units, a fresh record high in the past five weeks.
Government Postpones Oltchim Privatization Until April 2012
The International Monetary Fund has agreed to a four-month extension until April 2012 of the privatization deadline of Romanian state-run chemical plant Oltchim (OLT.RO), the government said...
Govt Delays Selling Energy Companies Oltenia, Hunedoara Until End-2012
Romania and the International Monetary Fund have agreed to delay by six months until the end of 2012 the privatization of the country’s planned energy companies Oltenia and Hunedoara, accord...
Electrica To Transfer Supply Business To Electrica Furnizare
Romanian government has decided power company Electrica SA is to transfer its supply business to its unit Electrica Furnizare and to privatize the latter by end-October 2012, according to th...
Romania To Sell Stake Of At Least 20% In Posta Romana
Romanian government has pledged to find a strategic investor to buy at least 20% in postal company Posta Romana during a capital increase operation in 2012 and to start collective layoffs un...
Rompetrol Well Services Inks $800,000 Deals In Hungary, Bulgaria
Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, has signed a series of well services deals worth over $800,000 in Hungary and Bulgaria, the company...