24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Enel Evaluates Electrica’s Stakes In Enel Muntenia Units At EUR388M
Romanian Electrica’s remaining shares in two power companies controlled by Italian utility Enel have been evaluated at EUR388 million, according to a report released by Enel Investment Holdi...
Romania Sells RON372M 5-Year Bonds At 7.35% Average Yield
Romania’s Finance Ministry on Thursday sold 372.2 million lei (EUR88.1 million) in five-year treasury bonds, a little over half of the planned amount, at an average yield of 7.35% a year.
SocGen, UniCredit And CaixaBank Provide EUR50M Loan For Romanian Wind Farms
French bank Societe Generale, alongside Italy’s UniCredit and Spanish CaixaBank will provide a syndicated loan worth EUR50 million to co-finance the construction of two wind farms in Romania...
CEZ Romania Unit On Brink Of Liquidation - CEO
CEZ Vanzare, the retail division of energy company CEZ Romania, is on the brink of being closed down because it can’t recover a debt of 330 million lei (EUR78 million) from state-run rail co...
Leu Partly Loses Gains Vs Euro, Exchange Rate At 4.2236
Romania’s leu lost part of its earlier gains versus the euro, but the central bank’s reference strengthened 0.25% to 4.2236 units, from 4.2342 units a day earlier.
CEZ: Romania Renewable Energy Scheme To Push Bills Up By 3%-4%
Romanian consumers are likely to pay by up to 3% or 4% more for electricity once the updated scheme to support renewable energy producers comes into force, CEZ Romania said Thursday.
CEZ Romania Eyes Triple Wind Power Output In 2011
CEZ Romania, a unit of Czech power group CEZ AS, expects wind power output will triple to around 0.9 TWh in 2011, as more turbines are scheduled to start production in the next period.
UniCredit Tiriac Bank 1H Net Profit Falls 36.6% To RON94M
Romania’s UniCredit Tiriac Bank on Thursday said its net profit fell 36.6% to 94 million lei (EUR22.6 million) in the first half, on higher operating costs and lower revenue from interests.
Belgian KBC Securities Sells Romanian Unit For Undisclosed Amount
Belgian brokerage house KBC Securities has sold its Romanian subsidiary to the firm’s general manager Sorin Apostol and equity market manager Bogdan Juravle.
Florin Pogonaru Increases Stake In Prodplast To 51.5%
Romanian businessman Florin Pogonaru has increased its shares in plastics producer Prodplast (PPL.RO) to 51.51%, after he paid 2.4 million lei (EUR0.56 million) for a 11.4% stake.
UniCredit 1H Pretax Profit In Romania Falls 40% To EUR25M
Italian banking group UniCredit posted pretax profit in Romania of EUR25 million in the first half, down 39% on the year, the group said in its financial report Wednesday.
Leu Firms Vs Euro On Positive Sentiment
Romania’s leu strengthened against the euro Wednesday, mirroring the currencies in the region, as investors are more optimistic following better-than-expected jobs data in the US.