24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania August Industrial Sales -3.6% On Month, +19.5% On Year
Romanian industrial sales fell 3.6% on the month in August, due to falling demand in the manufacturing sector, the country’s statistics institute INS said Thursday.
INS: Romanian August Industrial New Orders Down 0.6% On Month
Romanian industrial new orders inched down 0.6% on the month in August, largely due to a 15% decline in the durable goods sector, the statistics institute INS said Thursday.
OMV Petrom Extends Oil Price Hedges Into 2012
Romanian leading oil company OMV Petrom (SNP.RO) Wednesday said it has extended until 2012 its oil price hedges to protect its cash flow from the negative impact of potential lower oil price...
Prospectiuni To Use Rafo Stake For Capital Hike At 3rd Firm
Romanian geological surveys provider Prospectiuni Bucuresti (PRSN.RO) Wednesday said it will use its stock in oil refinery Rafo Onesti to fuel a capital increase at the Micro Active Invest c...
Termoelectrica Makes Ninth Attempt To Sell Oradea II Unit
Romanian state-run power producer Termoelectrica plans to auction off its thermal plant Oradea II and is asking for 221.7 million lei (EUR51.38 million), the company said Wednesday.
Romanian Banks Have Foreclosure Difficulties - Association Head
Romanian banks are having an increasingly hard time unloading properties at foreclosure auctions and they need to come up with a plan to avoid further defaults from their clients, the head o...
Isarescu Says Long Maturities On Consumer Loans Pointless
Romanian central bank governor Mugur Isarescu Wednesday said the bank’s new regulations to limit the maturity of consumer loans should be interpreted as a “return to normalcy,” because matur...
Leu Ends Higher Vs Euro, In Line With Neighbors
Romania’s leu gained 0.3% versus the euro Wednesday, amid a positive sentiment in the region after the EU finance ministers agreed on a coordinated response to protect the banking system aga...
Isarescu: I’m Not Against Lower Social Security Taxes
Romanian labor market is too burdened and cutting the social security taxes, while a risky measure, would be a most welcome solution to stimulate economic growth, central bank governor Mugur...
Isarescu: Inflation Within Central Bank's Target Range In September
Romanian inflation has eased to below 4% in September, falling within the central bank’s target of 2%-4%, governor Mugur Isarescu said Wednesday.
Banks Should Focus More On Corporate Lending - BNR Deputy Gov
Romanian banks might have to shift focus from retail to corporate in order to balance out lending slowdown and grow their business, central bank’s deputy governor Cristian Popa said Wednesda...
Popa, BNR: New Forex Loan Regulations To Outdo Old Ones
Romanian central bank’s (BNR) new lending regulations are bound to be more effective than the previous measures aimed to limit foreign currency loans, because now they are part of a larger,...