24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
BNR: Bank Payment Refusals Fall To RON420M In July
Romanian lenders refused to pay promissory notes, checks and notes of exchange amounting to 420.3 million lei (EUR98.6 million) in July, down 16% on the month, central bank data showed.
Leu Closes Down Vs Euro Amid Low Volumes
Romania’s leu depreciated against the euro Friday, amid low volumes, and closed 0.3% weaker at 4.272/4.274 units, from 4.259/4.261 units a day earlier.
Romgaz Wants Exploration License For 8 Fields Extended Until 2014
Romanian state-run natural gas producer Romgaz Medias has requested approval from the National Mineral Resources Agency (ANRM) to extend until 2014 its exploration license on eight onshore f...
Transelectrica Sees 2011 Pretax Profit Rising To RON42M
Romanian state-run power grid operator Transelectrica (TEL.RO) has revised upward to 42 million lei (EUR9.8 million) its pretax profit forecast for 2011, from RON25 million previously, the c...
Leu Down Vs Euro, Exchange Rate At 4.2669
Romania’s leu continued to retreat against the euro in mid trade Friday and the central bank’s reference weakened 0.2% to 4.2669 units, from 4.2567 units in the previous session.
ING Bank Appointed New Depositary Of Proprietatea Fund
Romanian investment fund Fondul Proprietatea (FP.RO) Thursday said it has appointed ING Bank Bucharest as new depositary of its 16 billion lei (EUR3.75 billion) worth of assets, following a...
ArcelorMittal Roman Swings To RON8.5M Net Profit In 1H
Romanian steel pipes maker ArcelorMittal Tubular Products Roman (PTRO.RO) Thursday said it swung to a net profit of 8.5 million lei (EUR2 million) in the first half, versus losses a year ear...
SIF Muntenia Stockholders Meet To Discuss BCR’s Listing
Romanian regional fund SIF Muntenia (SIF4.RO) on Thursday called for a shareholder meeting September 21 to discuss the listing of the country’s largest bank BCR, in which is owns a minority...
Proprietatea Fund Calls For Hidroelectrica, Nuclearelectrica IPOs
Romanian investment fund Fondul Proprietatea (FP.RO), minority owner in energy companies Hidroelectrica and Nuclearelectrica, Thursday called for a shareholder meeting at the two companies i...
Subway Operator Metrorex To Launch Third Bid To Buy Energy
Bucharest subway company Metrorex rescheduled a public auction to buy electricity for the end of August, following two unsuccessful tenders organized earlier this year.
Centrofarm 1H Sales Fall 10% To RON75.3M
Romanian pharmaceuticals retailer Centrofarm (CEOF.RO) Thursday reported a 10.3% drop in its first-half sales to 75.32 million lei (EUR17.7 million), from roughly RON84 million in the year-a...
Leu Weakens Vs Euro, In Line With Neighbors
Romania’s leu widened early losses against the euro in late trade Thursday, mirroring the markets in the region, and closed nearly 0.3% weaker on the day at 4.259/4.261 units.