24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
OMV Petrom Starts Test Production At Totea Well
Romanian dominant oil company OMV Petrom (SNP.RO) Wednesday said it started test exploitation of its Totea well in the southwestern region of Oltenia, which could prove to be the country’s m...
Romania September PPI +0.9% On Month, +8.1% On Year
Romania’s industrial producer price index inched up 0.9% in September from a month earlier, backed by increases in most sectors, the country’s statistics institute INS said Wednesday.
Romania Leu Falls Vs Euro On Greek Debt Worries
Romanian leu weakened against the euro Tuesday and closed 0.36% lower on the day, amid a negative sentiment in the region following Greece’s surprising call to a referendum on Europe’s lates...
Vasilescu, BNR: Lower FX Reserves Driven By Capital Outflows
The higher capital outflows on the backdrop of the international financial turmoil are primarily responsible for Romania’s declining foreign currency reserves in October, a central bank offi...
Romania Forex Reserves Fall To EUR32.2B In October
Romanian foreign exchange reserves fell to EUR32.19 billion in October from EUR33.62 billion a month earlier, central bank data showed Tuesday.
Leu Widens Losses Vs Euro, Exchange Rate At 4.3435
Romanian leu extended early losses versus the euro, tracking the currencies in the region, while the central bank’s reference weakened 0.4% on the day to 4.3435 units, the lowest rate in two...
Ropharma Net Profit Falls 29% In January-September
Romanian generic drugs wholesaler Ropharma Brașov (RPH.RO) Monday said its net profit dropped 29% on the year to 8.6 million lei (EUR2 million) in the first nine months, on higher operating...
Swiss Capital Remains Top Broker In Bucharest In October
Swiss Capital, former KBC Securities Romania, continued to dominate the Bucharest bourse’s brokers chart in October, with total deals worth 206.7 million lei (EUR47.8 million), stock exchang...
Bermas 9-Month Sales Fall 9.7% To RON20.7M
Romanian brewer Bermas Suceava (BRM.RO) Monday said total sales dropped 9.7% on the year to 20.7 million lei (EUR4.78 million) in the first nine months, on falling demand.
Prefab January-September Sales Down 8% On Year To RON53M
Romanian construction materials maker Prefab (PREH.RO) Monday said its sales fell 8% on the year to 53.1 million lei (EUR12.6 million) in the first nine months, due to lower retail prices.
ArcelorMittal Galati Restarts Furnace After EUR80M Upgrade
ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, Monday said it has resumed operations at its fifth blast furnace, which was shut down for relining and moderniza...
Leu Slides Vs Euro On Low Volumes
Romania’s leu weakened against the euro Monday and closed almost 0.4% lower on the day, amid thin trading.