24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Dedeman Opens New Store In EUR10M Investment
Do-it-yourself retailer Dedeman will open Friday its 26th store in Romania, following an investment of EUR10 million, the company said in a statement Tuesday.
Electrocarbon 9-Month Net Profit Falls To RON10.75M
Romanian industrial electrodes maker Electrocarbon Slatina (ELNG.RO) Tuesday said its net profit fell 18.6% on the year to 10.75 million lei (EUR2.5 million) in the first nine months, despit...
Rompetrol Drills 2 Wells In Satu Mare Block
Romania’s second largest oil group Rompetrol is drilling two exploratory wells in the northwestern region of Satu Mare, in a total investment estimated at over $5 million, the company said i...
Leu Closes Slightly Higher Vs Euro In Quiet Market
Romania’s leu edged higher against the euro Tuesday and closed at 4.3585/4.361 units, amid low volumes.
APIA: Romania 10-Month Car Sales Down 11% On Year To 78,848 Units
Romanian new passenger car sales fell 11% on the year to 78,848 units in January trough October, from 88,582 units in the year-earlier period, the Automotive Manufacturers and Importers Asso...
Hidroelectrica IPO Depends On Market Conditions - GM
Romanian state-run hydropower generator Hidroelectrica could be floated on the Bucharest stock exchange in three to six months, once the technical details of the offering are completed, but...
Romania Debt Collection Market Seen Rising To RON300M In 2012
Romanian receivable management market is likely to reach approximately 300 million lei (EUR68.8 million) in 2012, from around RON230 million estimated for this year, receivable management co...
Romanian Leu In Ranges Vs Euro, Exchange Rate At 4.3588
The Romanian leu traded just shy of 4.36 per euro in mid-session Tuesday and the central bank’s reference strengthened modestly to 4.3588 units, from a 17-month low of 4.3608 units a day ear...
EOS KSI: One Third Of Romanian Companies Have Cash Flow Problems
Nearly one third of Romanian companies have cash flow problems due to unpaid receivables or payment delays and have to write off approximately 5% of the issued invoices, according to a surve...
Cora To Operate As Energy Trader In Romania
Romania Hipermarché, operator of Cora chain of hypermarkets, Monday said it has received authorization to act in capacity of electric energy trader on the local market.
Ropharma Borrows EUR2M To Finance Investments
Romanian generic drugs wholesaler Ropharma Brasov (RPH.RO) will borrow up to EUR2 million from ING Bank to finance investments, the company said in a statement Monday.
Leu Ends Flat Vs Euro On Low Volumes
Romania’s leu moved in a tight range against the euro Monday and closed flat on the day at 4.364/4.365 units, amid low volumes.