24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Economy Ministry To Sell 15% Stake In Transelectrica By End-October
Romanian Economy Ministry plans to sell 15% in state-run power grid operator Transelectrica (TEL.RO) on the Bucharest Stock Exchange by end-October, minister Ion Ariton said Thursday.
Fitch Sees Moderate Risks Of Fiscal Slippage In Romania Next Year
Romania faces a “moderate risk” of fiscal slippage around the election period in 2012, which could put downward pressure on the sovereign ratings, Fitch Ratings said in a report Thursday.
Leu Hits 8-Month Low Vs Euro At 4.2885, Falls To 4.0898 Vs Swiss Franc
The leu traded just under 4.29 per euro by mid-session Thursday and the central bank’s reference weakened 0.5% to this year’s lowest rate of 4.2855 units, from 4.262 units a day earlier.
Uztel Loss Narrows To RON3.15M In First Half
Romanian oilfield equipment manufacturer Uztel Ploiesti (UZT.RO) Thursday said its net loss narrowed to 3.15 million lei (around EUR0.74 million) in the first half, helped by growing sales.
Trade Registry: Company Insolvencies Down 4% In Jan-July
Romania's Trade Registry Thursday said 12,703 companies filed for insolvency in the first seven months of 2011, down 4% from 13,183 companies in the same period a year earlier.
Proprietatea Fund Ups Stake In Conpet To 29.6%
Romanian investment fund Fondul Proprietatea (FP.RO) has increased its holding in state-run oil transporter Conpet Ploiesti (COTE.RO) to 29.61%, after it bought a 9.21% stake for 27.1 millio...
Foreigners’ Holding In Romania Proprietatea Fund Rises To 40% In July
Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 39.9% in July, from 36.02% a month earlier, the fund said in a statement Wednesday.
Leu Dips Vs Euro On Negative Sentiment
Romania’s leu weakened against the euro Wednesday, tracking the currencies in the region, and closed at 4.2665/4.27 units, from 4.2615/4.2635 a day earlier.
Ialomitianu: We Have Everything Under Control, No Need For Extra Action
Romania’s fiscal and economic program agreed with the International Monetary Fund and the European Union is sufficient to tackle the effects of the recent global downtrend and the authoritie...
9.2% Stake In Conpet Sold For RON27M In Bucharest
A stake of 9.2% in oil transporter Conpet Ploiesti (COTE.RO) was traded on the Rasdaq deal market in Bucharest for 27.11 million lei (EUR6.3 million).
Government To Refund Petrom For EUR600M Eco-friendly Works Until 2034
Romanian leading oil company OMV Petrom (SNP.RO) is poised to receive EUR600 million from the state for ecological works at its units until 2034, Chief Executive Officer Mariana Gheorghe sai...
Proprietatea Fund Buys Back 0.17% Stake For RON11.8M
Romanian investment fund Fondul Proprietatea (FP.RO) last week bought back 0.36% of its shares on the Bucharest bourse for 11.8 million lei (EUR2.76 million), the fund said in a statement We...