24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
BNR: Bank Payment Refusals Fall To RON443M In September
Romanian lenders refused to pay promissory notes, checks and notes of exchange amounting to 443 million lei (EUR102.3 million) in September, down 23.7% on the month, central bank data showed...
Romanian Leu’s Decline Vs Euro Contained At 2% - Central Banker
The Romanian leu has lost some ground against the euro in the past months, as investors are reluctant to bet on risky assets, but the national currency fell at a slower pace compared to its...
Leu Up Vs Euro, Exchange Rate At 4.3308
Romania’s leu advanced modestly versus the euro by midday Thursday and the central bank’s reference strengthened to 4.3308 units, from 4.3346 units a day earlier.
Vasilescu, BNR: Romania Capital Inflows At EUR16B Before Crisis; The Money Is Gone Now
Romania benefited from annual capital inflows of around EUR16 billion on average between 2004 and 2008, but the global financial crisis took a big chunk out which is not coming back, a centr...
SABMiller’s Beer Sales In Romania Down 8% On Year In 1H
London-headquartered brewer SABMiller Wednesday said its lager volumes in Romania fell 8% on the year in the six months ended September 30, hurt by falling demand and increased competition.
Government OKs Two More Oil Drilling Licenses In The Black Sea
Romanian government Wednesday approved two oil exploration licenses in the Black Sea platform granted by the national agency for mineral resources to a consortium made of oil companies Lukoi...
Leu Firms Vs Euro On Positive Sentiment
Romania’s leu strengthened against the euro Wednesday, mirroring the currencies in the region, and closed 0.5% higher on the day at 4.337/4.338 units.
Credit Suisse: Over 16,500 Millionaires In Romania
The average wealth of a Romanian rose by around 12% on the year to $13,987 in 2011, ranking the country 59th in a global chart by investment bank Credit Suisse AG.
EBRD: Lower 2012 GDP Growth Forecast Not Limited To Romania
Romania isn’t the only European country which saw its growth forecast reduced for 2012, as many economies will be affected by the worsening situation in the euro area, said Claudia Pendred,...
Orkla Foods Romania Sees 5% Rise In 2011 Sales
Consumer goods producer Orkla Foods Romania Wednesday estimated its 2011 sales will grow by 5% on the year to EUR30.4 million, following good nine-month results.
French Filasa To Build 11 Wind Farms In NE Romania
France’s Filasa International plans to build 11 wind farms with a total capacity of 516 MW in the Romanian northeastern county of Suceava by 2014, local authorities said Wednesday.
Leu Up Vs Euro, Exchange Rate At 4.3346
Romania’s leu widened early gains versus the euro by midday Wednesday and the central bank’s reference won 0.4% to 4.3346 units, from 4.3529 units a day earlier.