24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania Draws RON182M From EximBank For Infrastructure Projects
Romanian state-run import-export lender EximBank will transfer 182.3 million lei (EUR42.1 million) to the state budget from its unused profits to finance public infrastructure projects, acco...
Government Worried About Cost Of Renewable Energy Scheme - Association
Romanian government has not yet approved the subsidies for renewable energy producers because it fears the impact on the electricity bills will be too high, the Wind Power Association AREE s...
Bucharest Stocks Open Down, Proprietatea Fund Hits Record Low
Bucharest shares opened lower Tuesday, tracking foreign markets, while the stocks of investment fund Fondul Proprietatea (FP.RO) fell to their lowest level since listing in January.
Leu Opens Down Vs Euro, Recoups Later
Romanian leu opened down versus the euro Tuesday, amid a negative sentiment in the region as investors move away from risky assets, but orders for foreign currency in early trade helped push...
INS: August Industrial Prices -0.2% On Month, +8.7% On Year
Romania’s industrial producer price index nudged down 0.2% in August from a month earlier, due to declines in the manufacturing sector, the country’s statistics institute INS said Tuesday.
INS: Tourist Arrivals Up 21.7% On Year In August
Tourist arrivals in Romania rose 21.7% in August from the year-earlier month, while overnight accommodations were up 23.4% on the year, the statistics institute INS said Tuesday.
Romania August Adjusted Retail Sales -3% On Month
Romanian adjusted retail sales fell 3% in August compared with a month earlier, due to declines in most sectors, the statistics institute INS said Tuesday.
Proprietatea Fund Nearly Depletes Buyback Budget
Romanian investment fund Fondul Proprietatea (FP.RO) last week bought back 0.1% of its shares on the Bucharest bourse for 6.34 million lei (EUR1.46 million), the fund said in a statement Mon...
Ieba Trust Cuts Petrom Target Price To RON0.45/Share, Keeps Buy Rating
Romanian brokerage house Ieba Trust Monday cut by 6.2% its 12-month target price on Romanian leading oil company OMV Petrom (SNP.RO) to 0.45 lei (EUR0.1041) a share, but left its recommendat...
Alumil Borrows RON4M To Finance Operations
Romanian aluminum processor Alumil Rom Industry (ALU.RO) Monday said it will take out a 4 million lei (EUR925,000) loan from Marfin Bank to finance its current operations.
Romanian Oil Companies Suspected Of Price Fixing - Sources
Romanian oil companies are suspected of having fixed pump prices on unleaded gas, according to a report from the antitrust regulator sent to the European Commission.
Leu Gains 1% Vs Euro On Suspected Central Bank Intervention
Romania’s leu firmed against the euro Monday and closed almost 1% stronger on the day, with dealers suspecting the central bank might have stepped in to prop the national currency.