24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romanian Budget Minister Sees 3.5% Economic Growth In 1Q
Romania’s economy has likely expanded 3.5% in the first quarter, fueled by industry and domestic consumption, minister delegate for Budget Liviu Voinea said Wednesday.
Eurostat: Romania March Industrial Output Rises At 2nd Fastest Pace In EU
Romania’s industrial production rose 9.6% on the year in March, the second largest increase in the European Union, official data showed Wednesday.
Leu Down Vs Euro, Exchange Rate At 4.4415
The Romanian leu retreated against the euro by midday Wednesday and the central bank’s reference weakened 0.2% to 4.4415 units, from 4.4308 units a day earlier.
Rompetrol Well Services Profit More Than Halves In 1Q
Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group KMG International, on Wednesday said its net profit more than halved to 3.2 million lei (EUR0.72 million) in th...
TMK-Artrom Swings To RON10.5M Profit In 1Q
Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, has swung to a first-quarter net profit of 10.5 million lei (EUR2.37 million) versus losses a year earlier,...
Bucharest Stocks Close Slightly Lower; SIF Oltenia, Rompetrol Lift Value
The Bucharest stock market closed slightly lower Tuesday, with investment fund SIF Oltenia (SIF5.RO) and oil company Rompetrol Rafinare (RRC.RO) fueling large part of the transactions.
UniCredit: Romania In Dire Need Of New Investments, Jobs
Romania faces one of the highest declines in employment levels in Central and Eastern Europe, has the least skilled personnel and is in dire need of new investments and new jobs, said Dan Bu...
CEZ EBITDA In Romania Falls 55% To EUR29M In First Quarter
Czech power group CEZ AS Tuesday reported first-quarter operating profit before taxes, or EBITDA, of CZK800 million (EUR29.1 million) in Romania, down 55% on the year.
Leu Steady Vs Euro, Exchange Rate At 4.4308
The Romanian leu held steady at around 4.43 to the euro by midday Tuesday and the central bank’s reference strengthened slightly to 4.4308 units, from 4.4328 units a day earlier.
Romania Raises RON60M In Non-competitive Bond Auction
Romania’s Finance Ministry on Tuesday raised a planned 60 million lei (EUR13.5 million) at a supplementary non-competitive tender for its June 2017-dated bond reopened yesterday.
Leu Closes Flat Vs Euro In Dull Trading
Romania’s leu showed little movement against the euro Monday and finished the session flat at 4.432/4.433 units, amid low volumes.
Romanian Banking Association: Deposit Rates To Go Negative
Interest rates on corporate loans in Romania will continue their decline started in the recent months, albeit at a slower pace, while the already-low deposit rates could go negative, the pre...