24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Sharply Up Vs Swiss Franc, Falls Slightly Vs Euro
The Romanian leu advanced substantially against the Swiss franc Tuesday, after the Swiss central bank decided to fix the exchange rate at 1.2 francs per euro and said it would buy unlimited...
BNR: Overdue Loan Payments Up 46% On Year To RON18.5B In July
Romanian overdue payments on loans worth at least 20,000 lei (around EUR4,700) rose to RON18.54 billion in July, 46.3% higher on the year, according to central bank data.
Romania Could Delay Transelectrica, Transgaz Sale
Romania might have to put off its plans to sell more stakes in power grid operator Transelectrica (TEL.RO) and natural gas company Transgaz (TGN.RO), an official at the Economy Ministry said...
City Mall Liquidator Optimistic About Successful Sale By Year-end
Transilvania Insolvency House, the designated liquidator of Bucharest shopping center City Mall, is confident it will find a buyer for the troubled company by year-end, after several investo...
Economy Ministry To Select Broker For Transelectrica SPO In October
Romania’s Economy Ministry will launch next week the official announcement to select a broker to help with a secondary offering of 15% in state-run power grid operator Transelectrica (TEL.RO...
Leu Falls Vs Euro In Early Trade
Romania’s leu opened lower against the euro amid higher volumes Tuesday, mirroring the downtrend on regional markets.
Romania's 2Q GDP Growth Fueled By Industry, Agriculture
Romanian second quarter gross domestic product grew by 0.2% in seasonally adjusted terms compared with the previous three months, largely supported by increases in industry and agriculture,...
Romanian Industrial New Orders Fall 8.1% On Month In July
Romanian industrial new orders fell 8.1% on the month in July, due to declines in most sectors, the country’s statistics institute INS said Tuesday.
INS: Romania Adjusted Construction Works +3.4% On Month In July
Romanian construction works rose 3.4% in July compared with a month earlier, fueled by a 31.3% increase in residential buildings, the country’s statistics institute INS said Tuesday.
INS: July Industrial Sales -4.2% On Month, +13.5% On Year
Romanian industrial sales fell 4.2% on the month in July, due to declines in all sectors, the country’s statistics institute INS said Tuesday.
Leu Dips Vs Euro, Attuned To Region
Romania’s leu returned to losses against the euro in late trade Monday, amid a negative sentiment in the region, and closed slightly weaker on the day at 4.2465/4.249 units, from 4.2425/4.24...
BNR Sets Up Committee On Gold Reserve
The Romanian central bank will set up a working committee to analyze the structure of the country’s future gold reserves, the bank’s chief Mugur Isarescu said Monday.