24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Raiffeisen Cuts Romania GDP Growth Forecast To 0.5% In 2012
Austrian financial group Raiffeisen Thursday revised downward its forecast on Romanian economic growth to 0.5% in 2012, from 1.8% previously, due to international financial turmoil and a pro...
BNR: Private Lending -0.8% On Month To RON221B In October
Romanian private lending fell 0.8% in real terms to 221.03 billion lei (EUR50.7 billion) in October from a month earlier, central bank data showed Thursday.
Nuclearelectrica, Hidroelectrica Plan IPOs To Raise Capital
Romanian Economy Ministry plans to sell stakes of 10% in power producers Nuclearelectrica and Hidrolectrica to increase the share capital of the two companies, according to a draft governmen...
SSIF Broker Reconsiders Firing Of General Manager
The Board of Romanian brokerage house SSIF Broker Cluj (BRK.RO) reconsidered a decision to dismiss general manager Grigore Chis, less than one month after his suspension.
SIF Banat-Crisana Sells 2.63% In BCR For Cash, Erste Stock
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Wednesday sold a 2.63% stake in lender Banca Comerciala Romana (BCR) to Austrian Erste Group AG for 50.72 million lei (EUR11.6 m...
Proprietatea Fund: Bucharest Bourse Regulator Not Keen On Secondary Listing
Romania’s securities commission CNVM is not very keen on the idea that investment fund Fondul Proprietatea (FP.RO) might be listed on a foreign stock exchange, because it fears the move woul...
Nuclearelectrica Power Output Up 2.2% On Year In January-September
Romanian state-owned energy producer Nuclearelectrica Wednesday said its power output rose 2.2% to 8.66 million megawatt hour in the first nine months, from roughly 8.5 million MWh in the ye...
Leu Moves Higher Vs Euro, Unlike Neighbors
Romania’s leu edged higher against the euro in late trade Wednesday, amid average volumes, with dealers suspecting yet another intervention in the market from the central bank to support the...
Vasilescu, BNR: 2015 Not A Fixed Deadline For Euro Adoption
Romanian central bank doesn’t see the year 2015 as a fixed deadline for the euro adoption, because the date might change, depending on the country’s ability to fulfill the required criteria...
Leu Recoups Vs Euro, Exchange Rate At 4.3577
Romania’s leu recovered early losses against the euro by midday Wednesday and the central bank’s reference strengthened slightly to 4.3577 units, from 4.3588 units a day earlier.
Romania September Industrial Orders Rise At 5th Fastest Pace In EU
Romanian industrial new orders rose 14.5% in September from the year-earlier month, the fifth largest growth in the European Union, official data showed Wednesday.
Romania To Tackle Potential New Recession Better, EC Official Says
The recent structural adjustments and fiscal consolidation measures implemented in Romania may help the country cope better with a potential new stage of the recession in Europe, said Nicola...