24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Closes Up At 4.43 Vs Euro
Romania’s leu closed slightly higher against the euro Friday, following a sleepy session with only 40 transactions.
Alpiq RomIndustries Looking To Buy EUR890M Worth Of Electricity
Romanian energy traded Alpiq RomIndustries, a unit of Swiss company Alpiq, is looking to buy a record 26.3 million megawatt-hours of electricity on the local energy exchange OPCOM, valued at...
Banca Transilvania Borrows $40M From IFC To Boost Capital Base
The International Finance Corporation, the private sector arm of the World Bank Group, will provide a $40 million subordinated loan to Romanian lender Banca Transilvania (TLV.RO) to strength...
Foreign Corporate Investors’ Holdings In Proprietatea Fund Fall To 53.9% In April
Foreign corporate investors lowered their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 53.98% in April, from 54.3% a month earlier, the fund said in a stock exchange f...
SIF Transilvania Swings To First-Quarter Loss
Romanian regional investment fund SIF Transilvania (SIF3.RO) has swung to a first-quarter loss as the fund’s revenues tumbled, hit by lower asset sales.
Leu’s Exchange Rate Strengthens To 8-Month High Of 4.4295 Vs Euro
The Romanian leu advanced against the euro by midday Friday and the central bank’s reference firmed to 4.4295 units, its strongest level in eight months.
Fiscal Council: Social Security Tax Cut Difficult If Collections Stay Low
Romanian government’s planned five percentage-point reduction of the social securities tax will be difficult to achieve considering the low level of tax collections to the state budget, the...
Romania Raises RON75M In Non-competitive Bond Auction
Romania’s Finance Ministry on Friday raised a planned 75 million lei (EUR16.9 million) at a supplementary non-competitive tender for its June 2021-dated bond reopened yesterday.
Nuclearelectrica Shuts Down Nuke For Planned Overhaul
Romanian state-owned energy producer Nuclearelectrica (SNN.RO) will temporarily shut down one of its two reactors at the nuclear power plant in Cernavoda for a scheduled overhaul, the compan...
Popa, BNR: Swiss-Franc Loan Exposure In Romania At Low Levels
Romania’s exposure to Swiss-franc loans is at 4.1% of total private loans, a sensibly lower ratio compared to other European countries, an official of the central bank said Thursday.
Leu Dips Vs Euro On Central Bank Chief’s Comments
The Romanian leu weakened slightly against the euro in thin volumes Thursday, with investors reacting to central bank’s comments on the local currency’s recent strengthening trajectory.
BNR Chief Says Domestic Demand Is Picking Up
Retail activity in Romania accelerated in the first quarter amid stronger domestic demand, particularly in the auto industry, central bank governor Mugur Isarescu said Thursday.