24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania Falls 10 Spots To 77 In WEF's World Competitiveness Top
Romania fell 10 places to 77 in a global competitiveness ranking released by the World Economic Forum on Thursday.
Romgaz Gets 5-Year Lease Extension On Eight Gas Blocks
Romania’s mineral resources agency ANRM has agreed to extend by five years the exploration license for eight onshore fields leased to natural gas producer Romgaz Medias, the agency’s head Al...
Volksbank To Sell Romanian Unit After Repositioning
Austria’s Volksbank AG is planning to sell its Romanian subsidiary, but not before the bank is repositioned over the course of the next two to three years, the mother company said in a state...
BRD: Romanian Banks Lag Behind Regional Peers
Romanian banking system lags behind the ones in the Central European region, largely due to its faulty financial intermediation services, particularly in rural areas, a top executive of lend...
Leu In Ranges Vs Euro, Exchange Rate At 4.2457
Romania’s leu traded near 4.24 per euro in the first half of Thursday’s session and the central bank’s reference weakened to 4.2457 units, from 4.2353 units a day earlier.
Foreigners’ Holding In Romanian Proprietatea Fund Up To 43% In August
Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 43.04% in August, from 39.9% a month earlier, the fund said in a statement Thursday.
Deloitte Adds Six Romanian Companies To Central Europe Top 500 In 2011
Romanian businesses grew stronger in the past year, particularly in the consumer and energy sectors, and the number of companies that made it to Deloitte’s 2011 Central European Top 500 rose...
Mining Company CNH To Undergo Reorganization By End 2011
Romanian state-run mining company Compania Nationala a Huilei (CNH) will separate its viable units from the non-profitable ones by the end of 2011, with the latter scheduled for decommission...
Oltchim Names New Board Chairman
Romanian state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO) appointed Constantin Dascalu as new chairman of the board, the company said in a statement Thursday.
Belgian Electrawinds To Invest EUR30M In Romania Solar Farm
Belgian green energy producer Electrawinds plans to invest around EUR30 million in a 10 MW solar farm in Fierbinti locality, southern Romania, company officials said Thursday.
Bucharest Stocks Edge Lower Ahead Of ECB Meeting
Bucharest shares retreated modestly in early trade Thursday ahead of a meeting of the European Central Bank, which is expected to put interest rates on hold, as the economic recovery remains...
Leu Down Vs Euro In Early Trade
Romania’s leu edged lower against the euro amid low volumes Thursday morning and traded slightly above 4.24 per euro in the first part of the session.