24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Volksbank Romania Transferred To New Volksbank AG Unit By End September
Volksbank Romania will be transferred to a new division of Austria’s Volksbank AG, after the latter agreed to sell its eastern European arm Volksbank International to Russian Sberbank, the h...
Leu Widens Losses Vs Euro, Exchange Rate At 4.2418
The Romanian leu continued to retreat against the euro in mid trade Friday and the central bank’s reference weakened 0.26% to 4.2418 units, from 4.2306 units a day earlier.
Romanian July PPI Rises At 4th Fastest Pace In EU
Romanian industrial producer prices rose 8.6% in July from the year-earlier month, the fourth biggest increase in the European Union, official data showed Friday.
Leu Edges Down Vs Euro In Sleepy Session
Romania’s leu retreated slightly against the euro in a quiet session Thursday, and closed 0.2% weaker at 4.233/4.2335 units, from 4.2245/4.227 units a day earlier.
Romania Rejects All Bids In 5-Year Bonds Sale
Romania’s Finance Ministry on Thursday rejected all bids in a 500 million lei (EUR118.2 million) bond sale, citing high yields.
Volksbank Romania Turns To Profit In July
Volksbank Romania has swung to profit at the end of July, from losses a month earlier, vice-president Lucian Cojocaru said Thursday.
Leu Down Vs Euro, Exchange Rate At 4.2306
Romania’s leu lost early gains versus the euro in mid trade Thursday, amid a negative sentiment in the region, and the central bank’s reference weakened almost 0.2% to 4.2306 units, from 4.2...
Romania Forex Reserves Fall Slightly To EUR32.5B In August
Romanian foreign exchange reserves fell slightly to EUR32.55 billion in August from EUR32.68 billion a month earlier, central bank data showed Thursday.
Romania, IMF To Discuss 2011 GDP Forecast End September
Romanian authorities will meet with officials of the International Monetary Fund and the EU at the end of September to discuss the country’s draft budget for 2012 and determine whether this...
ArcelorMittal Iasi Invests $11M In New Cold Forming Line
Romanian steel pipe maker ArcelorMittal Tubular Products Iasi (TPRO.RO), a unit of UK-based steelmaker ArcelorMittal, invested $11 million in a new line of cold forming, the company said in...
Transgaz Inks RON1B Gas Transport Contracts
Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Thursday announced it has signed transport deals with four local companies for a total amount of 1.027 billion lei (...
Bucharest Stocks Open Modestly Up, Focus On Oltchim, Amonil
Bucharest shares opened slightly up Thursday, with chemical plant Oltchim (OLT.RO) gaining nearly 15% in early trade after stockholders approved taking out loans worth EUR250 million to fina...