24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Economy Grew Slightly Less Than Thought In 3Q
Romania’s third quarter gross domestic product grew by 1.8% in seasonally adjusted terms compared with the previous three months, slightly less than previously estimated, revised data from t...
Leu Ends Higher Vs Euro On Low Volumes
Romania’s leu strengthened modestly against the euro amid thin trading Monday, lagging behind its neighbors which won up to 1.5% on the day on increasing optimism regarding new measures to c...
Ariton: Romania Won’t Sell Stock In Transelectrica, Transgaz At Just Any Price
Romania will sell minority stakes in key state-run companies such as Transelectrica (TEL.RO) and Transgaz (TGN.RO) only if it can get the “best price”, Economy Minister Ion Ariton said Monda...
ProCredit Bank Romania Swings To EUR3.5M Net Profit In Jan-Sep
ProCredit Bank Romania Monday reported a net profit of EUR3.5 million in the first nine months, versus a loss of EUR4.1 million in the year-earlier period.
Romania Sells RON1.06B 7-Month T-Bills At 6.6% Average Yield
Romania’s Finance Ministry on Monday sold 1.065 billion lei (EUR244 million) in seven-month treasury bills, slightly above the planned amount, at an average yield of 6.6% a year.
Leu Steady Vs Euro, Exchange Rate At 4.353
Romania’s leu traded in narrow ranges against the euro by midday Monday and the central bank’s reference gained modestly to 4.353 units, from 4.3535 units in the previous session.
BNR Lends RON2.38B In 7-Day Repo
The Romanian central bank Monday pumped 2.38 billion lei (EUR546 million) into the market in a one week repurchase agreement operation at an interest rate of 6% a year, equal to the monetary...
BNR Sees Year-end Inflation Below Its Latest Forecast
Romania’s annual inflation rate could ease below the central bank’s latest forecast of 3.3% in December, owing to a steady exchange rate of the leu, central bank governor Mugur Isarescu said...
Headhunters Get EUR250k To Recruit Managers For State Companies In Romania
The headhunting companies hired to recruit managers for Romania’s state-run companies Hidroelectrica, Oltchim, Electrica Furnizare and Romarm will receive a commission of EUR250,000 for each...
First Reserve, Renovalia Energy Set Up Renewable Energy JV
US private equity fund First Reserve and Spain’s Renovalia Energy have established a joint venture to own and operate wind projects in North America and Europe, including Romania.
Leu Gains Vs Euro In Early Trade
Romania’s leu opened higher against the euro Monday, mirroring neighboring markets amid yet renewed hope that the European leaders can find common ground in their fight to contain the sovere...
INS: Romania October Adjusted Retail Sales +2% On Month
Romanian adjusted retail sales rose 2% in October compared with a month earlier, largely fueled by a 12.3% increase in delivery orders and online sales, the statistics institute INS said Mon...