24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Ends Higher Vs Euro, Attuned To Region
Romania’s leu strengthened modestly against the euro Thursday, tracking the currencies in the region, as investors are cautiously optimistic after the European Central Bank announced new mea...
Romanian Hydropower Output Slumps Due To Prolonged Drought
A prolonged drought in Romania for the last six months has lowered the output of state-run hydropower generator Hidroelectrica to 6.6% of the country’s total production, from around 30% of t...
Romania Sells RON743M 2-Year Bonds At 7.15% Average Yield
Romania’s Finance Ministry on Thursday sold 743.4 million lei (EUR171.1 million) in two-year bonds, slightly above the planned amount, at an average yield of 7.15% a year, lower than at the...
Romania Finance Ministry’s Liquidity Buffer Tops EUR3B - Sources
Romanian Finance Ministry has a liquidity buffer of over EUR3 billion which can be accessed if the country’s borrowing costs climb too much, people familiar with the matter said Thursday.
Leu Exchange Rate Hits 5-Week High Of 4.3429 Vs Euro
Romania’s leu traded near 4.34 per euro by midday Thursday and the central bank’s reference strengthened 0.17% to 4.3429 units, the highest rate in five weeks.
Leu Strengthens Vs Euro On Higher Volumes
Romania’s leu advanced versus the euro in late trade Wednesday and closed 0.15% stronger on the day, amid raising volumes.
Romanian Companies To Pay More For Natural Gas Deliveries As Of January
Romanian energy regulator ANRE Wednesday said natural gas tariffs for industrial consumers will grow by 5% as of January 1, due to costlier imports.
Romania To Sell 10% In Hidroelectrica By November 2012
Romania’s planned initial public offering of a 10% stake in state-run hydropower generator Hidroelectrica will be concluded by end-October 2012, according to the country’s latest letter of i...
Hidroelectrica To Terminate All Deals Concluded Outside OPCOM Market
Romanian government will give notice of cancellation by year-end to all companies that signed bilateral deals with state-run energy producer Hidroelectrica outside the energy market OPCOM, a...
Romania To Put 2 New Firms Under Private Admin, Removes CFR Marfa From List
Romania's government has taken out freight railway operator CFR Marfa from a list of state-owned companies to be run by private managers, while adding two new enterprises, according to the c...
Leu Stays In Ranges Vs Euro, Exchange Rate At 4.3505
Romania’s leu traded near 4.35 per euro by midday Wednesday and the central bank’s reference strengthened modestly to 4.3505 units, from 4.3534 units a day earlier.
Bucharest Stocks Open Up On Positive Sentiment
Bucharest shares opened slightly higher Wednesday, in line with the international markets as investors are optimistic the European leaders will present new measures to jump-start economic re...