24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu In Ranges Vs Euro, Exchange Rate At 4.2323
Romania’s leu traded in ranges versus the euro by mid-session Wednesday, while the central bank’s reference strengthened 0.4% to 4.2323 units, from 4.25 units a day earlier.
Turkish Investment In Romania Tops EUR1.5B - Businessmen
Turkey is the fourth largest foreign investor in Romania, with total businesses exceeding EUR1.5 billion, data from the Turkish Businessmen Association showed Wednesday.
Bucharest Stocks Edge Lower In Early Trade
Bucharest shares were mostly lower Wednesday morning, tracking European markets, with investors worried that the US could default on its debt unless lawmakers agree to raise the borrowing li...
Praktiker 1H Sales In Romania Fall 29% To EUR68.7M
German do-it-yourself retail chain Praktiker Wednesday reported first-half net sales of EUR68.7 million in Romania, down 28.8% on the year, hurt by weak demand.
Leu Slightly Up Vs Euro In Quiet Morning
The leu edged higher against the euro Wednesday morning, amid low volumes, mirroring the currencies in the region.
UNCTAD: Romania Drew 73 Greenfield Projects In January-April
Romania attracted 73 greenfield investment projects in January to April, down from 81 projects drawn in the same period a year earlier, a report from the United Nations Conference on Trade a...
Government Restructures CNH Mining Company, Will Notify EU Next Week
The authorities will notify the European Commission next week on its plan to reorganize the mining company Compania Nationala a Huilei (CNH), the country’s largest debtor, Economy Ministry o...
Romania Has Good Growth Potential, Foreign Investors Say
Romania offers good business opportunities and its flat tax rate makes it an attractive destination for investors, the Foreign Investors Council said Tuesday.
Leu Firms Vs Euro, In Line With Region
The leu strengthened against the euro Tuesday, mirroring the currencies in the region, and closed nearly 0.4% higher on the day at 4.2325/4.235 units.
Finance Ministry To Sell EUR600M 4-Yr FX Bonds Wednesday
The Finance Ministry plans to raise at least EUR600 million at a four-year foreign currency bonds auction July 27, the second debt sale in foreign paper of 2011.
BNR: Overdue Loans Up 4.8% To RON19.4B In June
Romanian overdue private loans rose 4.86% on the month to 19.4 billion lei (EUR4.56 billion) in June, equal to 9% of the total lending, central bank data showed Tuesday.
Central Bank Pumps RON268.6M In 7-Day Repo
The central bank Tuesday injected 268.6 million lei (EUR63.2 million) into the money market in a seven days repurchase agreement operation at an interest rate of 6.25% a year, equal to the m...