24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Bucharest Stocks Open Up, SIFs On The Rise
Bucharest shares opened higher Friday, with the five regional investment funds SIFs entering a three-day rally after a sharp decline on Tuesday.
Leu Gains Modestly Vs Euro In Early Trade
Romania’s leu edged higher against the euro Friday morning and traded in narrow ranges in early session, with investors playing it safe ahead of a key US jobs report that will show how well...
Foreigners’ Holdings In Proprietatea Fund Rise To 45% In September
Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 45.13% in September, from 43.04% a month earlier, the fund said in a statement Friday.
INS: Adjusted Industrial Output +1.9% On Month In August
Romanian adjusted industrial production rose 1.9% in August compared with the previous month, fueled by higher output in all sectors, the statistics institute INS said Friday.
Leu Ends Flat Vs Euro Amid Lackluster Trading
Romania’s leu wavered around 4.31 per euro amid a quiet market Thursday and closed almost flat on the day at 4.317/4.32 units, from 4.3165/4.3185 units in the previous session.
Romania Rejects All Bids In 5-Year Bonds Sale
Romania’s Finance Ministry on Thursday rejected for the second consecutive time all bids in a 500 million lei (EUR115.7 million) five-year bond sale, citing high yields.
Leu Steady Vs Euro, Exchange Rate At 4.3128
Romania’s leu traded in ranges against the euro by midday Thursday and the central bank’s reference strengthened slightly to 4.3128 units, from 4.3144 units a day earlier.
Leu Gains Modestly Vs Euro In Early Trade
Romania’s leu edged higher against the euro in early trade Thursday, pulling strength from international markets, but was pushed back by higher sales as investors took profits.
BCR-Intercapital-Swiss Capital Consortium Files Single Bid For Transelectrica SPO
A consortium made of investment companies BCR, Intercapital Invest and Swiss Capital Thursday has submitted the only offer on file to broker the sale of a 15% stake in Romanian state-run pow...
OMV Petrom Starts Commercial Operations At SE Romania Wind Farm
Romanian dominant oil company OMV Petrom (SNP.RO) Thursday said it has commenced commercial operations at its wind farm in Dorobantu locality, in southern region of Dobrogea.
INS: Adjusted Construction Works -4.5% On Month In August
Romanian construction works fell 4.5% in August compared with a month earlier, as developers built fewer projects, the statistics institute INS said Thursday.
INS: Romania January-August Power Output +3.5% On Year
Romanian power output rose 3.5% on the year to 15.64 million tons of oil equivalent in the first eight months, fueled by higher production in most sectors, official data showed Thursday.