24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Fiscal Council: Budget Revision Draft Breaks Fiscal Responsibility Law
Romania’s Fiscal Council Wednesday said the budget revision draft proposed by the Finance Ministry breaks the fiscal responsibility law because the additional money to be allocated at the re...
BNR: Inflation To Ease Next Months, Upside Risks Remain
Romanian central bank (BNR) Wednesday estimated the inflation will continue to fall in the coming months, helped by cheaper food items and a good farming year, but warned upside pressure fro...
Wind Energy Management To Build EUR90M Windfarm In NE Romania
Wind Energy Management will invest EUR90 million in a 54W windfarm in Romanian northeastern county of Suceava, company shareholder Virgil Ernest Popovici said Wednesday.
Leu Recovers Vs Euro, Exchange Rate At 4.2342
Romania’s leu recovered earlier losses versus the euro by mid-trade Wednesday and the central bank’s reference strengthened slightly to 4.2342 units, from 4.2356 units a day earlier.
Romania's June Retail Sales Fall At Fastest Pace In EU
Romanian retail sales fell 1.3% on the month in June, the largest decrease in the European Union, official data showed Wednesday.
SIFs Want Minority Holders To Reconsider Assembly On BCR Listing
Romania’s five regional investment funds SIFs are trying to persuade a group of minority stockholders to reconsider their call for a general assembly regarding the potential listing in Bucha...
Gedeon Richter 1H Sales In Romania Fall To EUR65.6M
Hungarian drug maker Gedeon Richter Tuesday said its half-year sales in Romania declined 18.5% to EUR65.5 million, hurt by weak activity in the wholesale and retail segment.
Leu Ends Down Vs Euro, Attuned To Region
Romania’s leu weakened against the euro in a quiet market Tuesday, tracking the currencies in the region, and closed at 4.2365/4.2385 units, from 4.2215/4.224 a day earlier.
Romania's Public Debt Nears RON201B In May
Romania’s public debt rose to 200.6 billion lei (EUR47.3 billion) in May, from roughly RON195.5 billion a month earlier, Finance Ministry data showed Tuesday.
FAN Courier 1H Sales Rise 11% To RON105M
Romanian delivery service company FAN Courier Tuesday reported total sales of 105.2 million lei (EUR24.8 million) in the first half, up 11% on the year.
SSIF Broker Cuts BRD, Banca Transilvania Target Prices
Romanian brokerage house SSIF Broker (BRK.RO) Tuesday revised downward its 12-month target price for lenders BRD-Groupe Societe Generale (BRD.RO) and Banca Transilvania (TLV.RO), citing unfa...
Government Cancels EUR51M Risk Coverage Guarantee For Enel-Electrica Deals
The Romanian government has decided to cancel a EUR51 million risk coverage guarantee in favor of Italian utility Enel for the privatization of two Electrica branches and wire the funds to t...