24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Cuts Expected At Romania’s 2nd Budget Revision In November
Romanian government is due to release its second budget revision of 2011 at the end of November, with new spending cuts across the board, people familiar with the matter said Thursday.
Romania's Capital Spending Below Expectations, EU Says
Romanian capital spending has been under-executed in the first eight months of the year and is likely to post a more modest growth rate for the whole year compared to original expectations,...
EU: Romania 2012 Deficit To Narrow To 3.7% Of GDP
The European Commission estimates Romanian budget deficit will narrow to 3.7% of the gross domestic product in 2012, from 4.9% of GDP predicted for this year, provided the government continu...
Leu Recovers Vs Euro, Exchange Rate At 4.353
Romania’s leu reversed early losses versus the euro by midday Thursday and the central bank’s reference edged higher to 4.353 units, from 4.3534 units a day earlier.
EC Cuts Romania 2012 GDP Growth Forecast On European Worries
The European Commission revised its forecast on Romanian economic growth to 2.1% in 2012 from 3.7% previously, citing worsening conditions in EU markets.
Orsova Shipyard 9-Month Sales Fall 29% To RON40.3M
Romanian shipyard Santierul Naval Orsova (SNO.RO) Thursday reported total sales of 40.29 million lei (EUR9.7 million) in the first nine months, down 29% from RON57.3 million in the year-earl...
Rompetrol Well Services 9-Month Net Profit Rises To RON10.8M
Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, Thursday said its net profit inched up 1.8% to 10.8 million lei (EUR2.5 million) in the first nine m...
Banca Carpatica Loss Narrows To RON25M In Jan-Sep
Romanian lender Banca Comerciala Carpatica (BCC.RO) Thursday said its loss narrowed 78.3% to 24.97 million lei (EUR5.9 million) in the first nine months, aided by lower risk costs.
Bucharest Stocks Open Lower On European Debt Woes
Bucharest shares opened lower Thursday, tracking international markets, on yet renewed fears over the European sovereign debt after Italy’s borrowing costs rose to over 7% a year, a threshol...
Bucharest Bourse 9-Mo Net Profit More Than Doubles To RON15.8M
The Bucharest Stock Exchange (BVB.RO) Thursday said its net profit more than doubled on the year to 15.81 million lei (EUR3.7 million) in the first nine month, largely fueled by higher volum...
Leu Down Vs Euro In Early Trade
Romania’s leu dipped to 4.36 per euro Thursday morning, after it fell to 4.37 per euro in pre-trade, and dealers believe the central bank could step in to support the leu for the second stra...
Transelectrica 9-Month Net Profit Rises To RON153.4M
Romanian state-run power grid operator Transelectrica (TEL.RO) Thursday said its net profit soared to 153.4 million (EUR35.2 million) in the first nine months, from RON5.17 million a year ea...