24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
BNR: Oil, Gas Companies Top Performers In 2010
Romanian oil and natural gas companies were top economic performers in 2010, unlike state firms, which lagged in negative territory, central bank data showed.
Romaero Borrows RON24M From Royal Bank Of Scotland
Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) will borrow 24 million lei (EUR5.6 million) from the local unit of Royal Bank of Scotland to finance lending and...
BNR: Loan Restructuring Not Enough To Bolster Debt Repayment
Romanian banks didn’t quite benefit from loan restructuring schemes over the past year, mostly due to adverse economic conditions, and the low repayment ratio is putting pressure on lending...
Leu Ends Lower Vs Euro In Quiet Market
Romania’s leu weakened slightly against the euro in a quiet market Tuesday, mirroring a downward trend in the region amid speculations that Greece is getting closer to defaulting on its debt...
Leu In Ranges Vs Euro, Exch Rate At 4.2822
Romanian leu traded in narrow ranges against the euro in the first half of Tuesday’s session and the central bank’s reference weakened modestly to 4.2822 units, from 4.2805 units a day earli...
Leu Dips Vs Euro On Low Volumes
Romania’s leu recovered slightly against the euro in late trade Monday, but closed 0.2% weaker amid a negative sentiment in the region, on low volumes.
Romania Sells RON1.2B 1-Year T-Bills At 6.76% Average Yield
Romania’s Finance Ministry on Monday sold a planned 1.2 billion lei (EUR280 million) in one-year treasury bills, at an average yield of 6.76% a year, slightly higher than at the previous auc...
Smithfield Foods Sales In Romania Up 24% To $57.6M In 1Q
US pork producer and processor Smithfield Foods Monday reported a 24% increase in Romanian sales to $57.6 million in the first fiscal quarter, from $46.6 million in the year-earlier period.
Leu Exchange Rate Falls To 4-Week Low Of 4.2805 Vs Euro
Romania’s leu traded near 4.28 per euro in the first half of Monday’s session and the central bank’s reference weakened 0.35% to 4.2805 units, the lowest rate in one month.
Raiffeisen Bank Romania Gets EUR150M Syndicated Loan
Raiffeisen Bank Romania has taken out a syndicated loan worth EUR150 million to finance lending, people familiar with the matter told MEDIAFAX Monday.
Foreign Investments Drop 30% To EUR1.1B In January-July
Romanian foreign direct investment, or FDI, fell 30.5% to EUR1.1 billion in January to July, from EUR1.9 billion in the year-earlier period, the central bank said Monday.
BNR: Current Account Gap Narrows To EUR2.8B In January-July
Romania's current account deficit narrowed 24.4% to EUR2.82 billion in the first seven months, from a gap of EUR3.73 billion in the year-earlier period, due to a lower trade deficit and high...