24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
EU Probes Hidroelectrica Over Preferential Tariffs, Almunia Says
The European Commission has launched an inquiry into several energy contracts signed by Romanian state-run hydropower producer Hidroelectrica and ArcelorMittal Galati and Alro Slatina (ALR.R...
S.African NEPI Calls On Shareholders To Raise Capital By EUR40M
South-African investment fund New Europe Property Investment (NEP.RO) Friday said it plans to raise EUR40 million via a rights offer to shareholders at EUR2.8 a share.
Enel Green Power Completes 3rd Wind Farm In Romania
Enel Green Power, a unit of Italy’s utility Enel, Thursday said it has completed the construction of a 70 MW wind farm in Tulcea, southern Romania, increasing its total installed capacity in...
Bucharest Stocks Mixed At Opening On European Uncertainty
Bucharest shares were mixed at opening Friday, as investors are playing it safe ahead of the conclusions of an EU summit that may shed some light on the next strategy to contain the debt cri...
Leu Opens Down Vs Euro On Low Volumes
Romania’s leu opened down against the euro Friday, amid low volumes, in line with its neighbors which fell heavily in pre-trade on doubts that the European leaders can reach common ground on...
European Banks Exposure To Romania Rises 22% To $118B In 1H
European banks’ exposure to Romania rose 22% to $117.7 billion at the end of June, from $96.4 billion in the year-earlier period, data from the Bank for International Settlements showed Thur...
Lukoil To Invest $1.5B In Romania Black Sea Blocks If Prospecting Successful
Russian oil giant Lukoil will invest around $400 million in hydrocarbon prospecting at the Romanian Black Sea platform, with another $1.5 billion available for further works if discoveries a...
OMV Petrom, Exxon To Drill First Wells In Black Sea This Winter
Romanian dominant oil company OMV Petrom (SNP.RO) and US giant Exxon Mobil are scheduled to start drilling in the Black Sea this winter, while the first data on possible oil and gas discover...
Leu Ends Higher Vs Euro In Quiet Market
Romania’s leu strengthened slightly against the euro amid a quiet market Thursday, and closed about 0.15% higher on the day at 4.33/4.3335 units.
BRD: BNR Likely To Cut Key Rate By Quarter-Point In November
Romania’s lower-than-expected inflation could prompt the central bank to lower its key rate by a quarter-percentage point to 6% in November, the first cut in 17 months, BRD-Groupe Societe Ge...
BRD Cuts Romanian GDP Growth Forecast To 2.1% In 2012
Romanian lender BRD-Groupe Societe Generale (BRD.RO) Thursday revised downward its forecast on the economic growth to 2.1% in 2012, from 2.8% previously, citing declining contributions from...
Romania Sells RON182M 3-Year Bonds At 7.5% Average Yield
Romania’s Finance Ministry on Thursday sold 182.1 million lei (EUR42 million) in three-year bonds, well below the planned amount, while the average yield remained stable at 7.49% a year.