24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Penny Market To Invest EUR45M In 13 New Stores By Year-end
German discount retailer Rewe plans to invest over EUR45 million to upgrade and expand its Penny Market network in Romania, with 13 new stores due for opening by year-end, Penny Market said...
Leu Ends Lower Vs Euro On Negative Sentiment
Romania’s leu lost earlier gains versus the euro in late trade Wednesday and closed slightly weaker on the day, amid a negative sentiment in the region.
Transelectrica Swings To RON10M Profit In 1H
Romanian state-run power grid operator Transelectrica (TEL.RO) Wednesday said it has switched to net profit of 9.94 million lei (EUR2.32 million) in the first half of 2011, from a loss of RO...
Leu Up Vs Euro, Exchange Rate At 4.2748
Romania’s leu edged higher against the euro in mid trade Wednesday and the central bank’s reference won 0.2% at 4.2748 units, from 4.2838 units a day earlier.
Trade Registry: Nearly 11,000 Companies Went Belly Up In 1H
Romania's Trade Registry Wednesday said 10,979 companies filed for insolvency in the first half of 2011, down 2% from 11,221 companies in the same period a year earlier.
Eurostat: Romania May Industrial Output Rises At 8th Fastest Pace In EU
Romania’s industrial production rose 7.9% on the year in May, the eighth largest increase in the European Union, official data showed Wednesday.
Chimcomplex Borrows EUR8.6M For Upgrade Works
Chemical plant Chimcomplex Borzesti (CHOB.RO) will borrow EUR8.6 million to finance upgrade works at its power systems, the company said in a statement Tuesday.
Severnav Eyes EUR2.35M Loan From CEC Bank
Ship builder Severnav (SEVE.RO) plans to borrow EUR2.35 million from CEC Bank to finance activity, the company said in a statement.
Transelectrica Ups 2011 Pretax Profit Forecast To RON42M
State-run power grid operator Transelectrica (TEL.RO) plans to revise upward to 42 million lei (EUR9.8 million) its pretax profit forecast for 2011, from RON25 million previously, the compan...
Franklin Templeton: Romanians Can Invest In 11 Luxembourg-Based Funds
Franklin Templeton Investment Management, manager of investment fund Fondul Proprietatea (FP.RO), Tuesday said will offer local investors access to 11 Franklin Templeton funds registered in...
Economy Ministry Ups Renewable Energy Fund Cap To EUR287M
Romanian Economy Ministry has increased by EUR100 million the budget for renewable energy projects co-financed from European funds, the ministry said in a statement Tuesday.
Leu Weakens Vs Euro, Attuned To Region
Romania’s leu fell against the euro Tuesday, amid a negative sentiment in the region following renewed worries about the European debt crisis, and closed 1.2% weaker at 4.283/4.285 units, fr...