24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania August Construction Output Falls At 2nd Fastest Pace In EU
Romanian construction output fell 4.5% on the month in August, the second largest decline in the European Union, official data showed Wednesday.
Broadhurst Plans To Raise Its Stake In Libra Bank To 40%
US investment fund Broadhurst Investments Limited plans to purchase 6.99% in Romanian Libra Internet Bank from car parts producer Electroaparataj Bucharest (ELJ.RO), in a bid to increase its...
Leu Slides Vs Euro, Attuned To Region
Romania’s leu weakened against the euro Tuesday, tracking the currencies in the region, and closed down 0.7% at 4.3605/4.3635 units, from 4.3305/4.3325 units a day earlier.
CEC Bank’s Head To Resume Capital Hike Procedures - Romanian FinMin
Romanian government have authorized the head of state-run CEC Bank to resume procedures for a capital increase at the bank, despite past opposition from the European Commission regarding the...
Leu Loses 0.5% Vs Euro, Exchange Rate At 4.3529
Romania’s leu extended earlier losses against the euro by midday Tuesday, amid a negative sentiment in the region, and the central bank’s reference weakened almost 0.5% on the day to 4.3529...
Romanian Power Company Oltenia Expected To Generate EUR1B In Revenue
Romania’s planned power company Complexul Energetic Oltenia is likely to generate around EUR1 billion in annual revenue, according to estimates of the Economy Ministry.
Romania To Tap Foreign Debt Markets For A Second Time In 2011
Romania’s Finance Ministry plans to tap the international bond markets for a second time in 2011, following a successful EUR1.5 billion Eurobond launched in June.
Romania Receives Single Bid For Tarom IPO
A consortium made of brokerage house Carpatica Invest and Swiss Capital Thursday has submitted the only offer to help with the sale of a 20% stake in Romanian state-run airline Tarom, people...
Erste: Romania Private Consumption To Grow 1.7% In 2012
Romanian private consumption is likely to grow 1.7% in 2012, backed by stable savings levels and a low inflation, according to estimates of Juraj Kotian, analyst with Austria’s Erste Bank AG...
Romanian Leu Dips Vs Euro Amid Low Volumes
Romanian leu weakened slightly against the euro Monday, amid low volumes, and closed at 4.3305/4.3325 units, from 4.3275/4.33 units in the previous session.
Romania Sells RON800M 2-Year Bonds At 7.4% Average Yield
Romania’s Finance Ministry on Monday sold a planned 800 million lei (EUR184 million) in two-year bonds, at an average yield of 7.4% a year.
UniCredit: Romanian Banking Profitability To Continue Decline
Romanian banking profitability is likely to continue its decline through 2011, due to increasingly high costs, while the small, less specialized banks could even shut their doors, the head o...