24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Avicola Buzau Swings To RON2.5M Net Profit In 1H
Romanian poultry meat processor Avicola Buzau (AVZU.RO) on Monday said it has swung to a net profit of 2.5 million lei (EUR0.59 million) in the first half, versus a loss of RON2.3 million in...
Retrasib Doubles Capital To RON10M
Romanian electric engine maker Retrasib Sibiu (RTRA.RO) will increase its share capital by 5 million lei (EUR1.18 million) to RON10 million to bolster operations, the company said in a state...
Leu Firms Vs Euro In Quiet Session
The leu strengthened against the euro Monday, amid low volumes, and closed 0.2% higher on the day at 4.235/4.236 units.
Finance Ministry Plans To Sell RON4.7B Treasuries In September
Romania’s Finance Ministry plans to sell state paper worth 4.7 billion lei (EUR1.1 billion) in September, up from roughly RON2.6 billion sold a month earlier, ministry data showed Monday.
Eurobank-Alpha Bank Set To Become Romania’s Third Largest Bank Group
The freshly announced merger between Greek lenders EFG Eurobank and Alpha Bank will propel their Romanian subsidiaries to the third position in the local system, from the lower half of the t...
Leu In Ranges Vs Euro, Exchange Rate At 4.2402
The leu lost traded just below 4.24 versus the euro by mid session Monday and the central bank’s reference strengthened slightly to 4.2402 units, the highest rate in over three weeks.
Central Bank Injects RON337M In 7-Day Repo
The central bank Monday injected 336.8 million lei (EUR79.4 million) into the money market in a seven days repurchase agreement operation, three days after lending RON1.5 billion to six bank...
Chelu Forced To Make Takeover Bids In 11 Romanian Companies
Romanian businessman Catalin Chelu has to make takeover bids in 11 companies where he owns stakes of over 33%, according to a series of ordinances issued by the securities commission CNVM.
Mechel Targoviste, Sister Cos. Take Out Loans To Finance Capital
Romanian steel maker Mechel Targoviste (COS.RO) Friday approved taking out two loans together with three sister companies within Mechel group to refinance older credits and finance working c...
Societe Generale Buys More Shares In BRD For RON2.2M
French bank Societe Generale Friday paid 2.2 million lei (EUR0.53 million) for almost 0.03% in its Romanian unit BRD (BRD.RO), after acquiring a 0.02% stake on Tuesday.
Romania 6-Month Economic Outlook Darkens In August – Survey
Romanian economic outlook for the next six months declined for the third straight month in August, on mounting pessimism in financial markets and renewed concern about Europe’s sovereign deb...
Leu Moves Higher Vs Euro In Thin Trading
Romanian leu strengthened modestly against the euro Friday, amid low volumes, and closed 0.15% higher on the day at 4.244/4.245 units.