24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
SIBEX Exchange Turns To Loss In Jan-Sep
Romania’s monetary and commodities exchange SIBEX has switched to losses in the first nine months from profit in the year-earlier period, mainly due to a 21% decline in trade volumes, the Si...
UniCredit-Tiriac Bank CEO Says Expansion Plans On Hold Until Economy Recovers
UniCredit-Tiriac Bank will freeze its expansion plans in 2012 to focus on drawing more resources from the local market and increase profitability, chief executive Rasvan Radu said Tuesday.
Financial Turmoil To Affect Romania’s US-Dollar Bond Issue - Official
Romania’s planned US-dollar denominated bond issue will likely be affected by the international financial turmoil and the recent change in Hungary’s outlook, an official of the Finance Minis...
Raiffeisen Ups Romania GDP Growth Forecast To 2.5% In 2011
Austrian financial group Raiffeisen Tuesday revised upward its forecast on Romanian economic growth to 2.5% in 2011, from 1.5% previously, citing better-than-expected third quarter data.
Leu Up Vs Euro, Exchange Rate Dips To 4.3487
Romania’s leu advanced versus the euro by midday Tuesday, but the central bank’s reference weakened slightly to 4.3487 units, from 4.3448 units a day earlier.
Romania 3Q GDP Growth Has Little Effect On Budget Revenue
Romania’s economic growth in the third quarter was mostly driven by farming output, but the low taxation in the agriculture sector makes the increase less noticeable in terms of revenues to...
Romania 3Q GDP Expands At Fastest Pace In EU
The Romanian economy grew at the fastest pace in the European Union in the third quarter of 2011 compared with the previous three months, official data showed Tuesday.
Romania 9-Month FDI Falls To EUR1.17B
Foreign direct investment, or FDI, fell 54.1% on the year to EUR1.17 billion in the first nine months, the Romanian central bank said Tuesday.
BNR: Romania's Current Account Gap Narrows To EUR3.8B End-September
Romania's current account deficit narrowed 10.8% to EUR3.79 billion in the first nine months, from a gap of EUR4.25 billion in the year-earlier period, due mainly to shrinking trade deficit...
Romania's Economic Growth Exceeds Expectations: 3Q GDP +1.9% On Quarter, +4.5% On Year
Romanian economy expanded by 1.9% in the third quarter, after a modest recovery of 0.2% three months earlier, a flash estimate of the country’s statistics institute showed Tuesday.
Petrolexportimport Loss Narrows 91.4% In January-September
Romanian fuels wholesaler Petrolexportimport (PEI.RO) Friday said its net loss narrowed 91.4% to 0.16 million lei (EUR0.037 million) in the first nine months, aided by higher sales.
Romcarbon Swings To 3M Net Profit In January-September
Romanian plastic profiles producer Romcarbon Buzau (ROCE.RO) Friday said it has swung to a net profit of 3 million lei (EUR0.69 million) in the first nine months, versus losses a year earlie...