24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Isarescu: Good Farm Output Could Slow Inflation Below 4% In September
The inflation could benefit from a good agricultural year and ease to below 4% in September, central bank governor Mugur Isarescu said Friday.
Leu Falls Vs Euro In Early Trade
Romanian leu edged lower against the euro Friday morning, in line with the currencies in the region as investors wait for the results of the latest stress tests of European banks.
Condmag Wins RON12.5M Pipe Installation Deal With Petrom
Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) Friday said it has won a 12.5 million lei (EUR2.9 million) contract to provide pipe installation and connection services to leading o...
Foreign Investments Down 23% On Year To EUR799M In January-May
Foreign direct investment, or FDI, fell to EUR799 million in January to May, down 23.3% on the year, preliminary central bank data showed Friday.
BNR: Jan-May Current Account Gap Narrows To EUR1.8B
The current account deficit narrowed 37.7% to EUR1.8 billion in the first five months, from a gap of EUR2.9 billion in the year-earlier month, due to lower trade deficit and higher transfer...
Transport Ministry To Sell 20% In CFR Marfa By Year-end
The Transport Ministry will sell 20% of its stake in freight rail company CFR Marfa by year-end and the proceedings will be transferred to the state budget in 2012, according to a draft gove...
Eximtur 1H Sales Up 20% On Year To RON74M
Romania’s second largest tourism agency Eximtur Cluj Thursday reported a 20% increase in its first half sales to 74 million lei (EUR17.6 million), mainly boosted by higher outgoing revenue.
Leu Ends Higher Vs Euro On Positive Sentiment
Romania’s leu recovered earlier losses against the euro in late trade Thursday and closed 0.3% stronger on the day, amid a positive sentiment in the region after Italy pledged to step up aus...
Romania Sells RON500M 5-Year Bonds; Yields Fall Slightly To 7.3%
Romania’s Finance Ministry on Thursday sold a planned 500 million lei (EUR116.8 million) in five-year treasury bonds, at an average yield of 7.3% a year, slightly lower than at the previous...
Enel, ArcelorMittal Can Double Stakes In Cernavoda Nuke Project
Italy’s utility Enel has the option to double its stake in Romanian joint venture EnergoNuclear, which was set up to build two additional reactors at the Cernavoda nuclear power plant, the h...
Leu Exchange Rate At 4.2778 Vs Euro; Falls To New Low Vs Swiss Franc
Romania’s leu retreated against the euro in mid trade Thursday and the central bank’s reference weakened slightly to 4.2778 units, from 4.2748 units a day earlier. Against the Swiss franc, t...
Romania Posts Highest Annual Inflation In EU For 11th Straight Month
Romania posted the highest inflation in the European Union for the eleventh consecutive month in June, while the EU's average rate eased to 3.1%, from 3.2% a month earlier, statistics office...