24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Ends Higher Vs Euro As ECB Moves To Auction Dollars
Romania’s leu strengthened against the euro in late trade Thursday, tracking the currencies in the region, and closed 0.5% higher on the day after news that the European Central Bank will pr...
Romania Sells RON180M 3-Year Bonds At 7.5% Average Yield
Romania’s Finance Ministry on Thursday sold 180.1 million lei (roughly EUR42 million) in three-year bonds, well below the planned amount, while the average yield rose to 7.49% a year.
Leu Partly Recoups Vs Euro, But Exchange Rate Falls To 4.294
Romania’s leu recovered part of its early losses against the euro by mid trade Thursday, but the central bank’s reference weakened slightly to 4.294 units, a fresh low of 2011.
Romania Posts 6th Highest Annual Inflation In EU In August
Romania posted the sixth highest annual inflation in the European Union in August, while the EU’s average rate was unchanged at 2.9%, the statistics office Eurostat said Thursday.
Edy Spedition 1H Revenue Up 12% On Year
Romanian road cargo transporter Edy International Spedition Wednesday said its revenue rose 12% on the year in the first half, fueled by growing business in international markets.
Moara Cibin Sales Double To RON54.1M In 1H
Romanian milling company Moara Cibin (MOIB.RO) Wednesday said its sales more than doubled to 54.1 million lei (EUR12.9 million) in the first half, from roughly RON26 million in the year-earl...
Leu Slips Vs Euro On Negative Sentiment
Romania’s leu lost almost 0.2% against the euro in a quiet market Wednesday, amid a negative sentiment in the region after Moody’s downgraded two French banks, adding to worries about financ...
Romanian Government Approves Letter Of Intent To IMF Deal
Romanian government Wednesday approved the final version of its letter of intent to a EUR3.5 billion precautionary loan agreement with the International Monetary Fund, following a review mis...
Leu Exchange Rate Falls To 2011 Low Of 4.2886 Vs Euro
The Romanian leu retreated against the euro in the first half of Wednesday’s session, amid growing aversion to risk in the region, and the central bank’s reference weakened to 4.2886 units,...
Romania Takes Rompetrol To Court Over Bond Conversion
Romania’s second largest oil refinery Rompetrol Rafinare (RRC.RO) Wednesday said the state has filed legal action against its decision to increase the company’s share capital through bond co...
Eurostat: Romania July Industrial Output Matches EU Growth Pace
Romania’s industrial production rose 1.2% on the month in July, similar to the European Union average growth of 1.1%, EU’s statistics office Eurostat said Wednesday.
Less Than 20% Of Romanian Companies Have Outstanding Loans
Less than 20% of the Romanian companies had outstanding loans at the end of June, down 17.4% on the year, central bank data showed.