24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania Plans To Sell RON3.44B Treasuries In May
Romania’s Finance Ministry plans to sell state treasuries worth 3.44 billion lei (EUR774 million) in May, up from RON4.31 billion raised a month earlier, ministry data showed Wednesday.
Romania Completes Work On Iasi-Ungheni Pipeline; Distribution Company Set Up By Fall
Romania has completed the construction of a natural gas pipeline linking the local city of Iasi to Ungheni city in the neighboring Republic of Moldova, Prime Minister Victor Ponta said Wedne...
Leu In Ranges Vs Euro, Exchange Rate At 4.4503
The Romanian leu moved in a tight range against the euro by midday Wednesday, while the central bank’s reference retreated to 4.4503 units, from a five-month high of 4.4403 units a day earli...
Moody’s Upgrades Outlook On Alba Iulia To Stable
Moody's Investors on Wednesday changed to stable from negative the outlook on the Ba1 issuer rating of the Romanian municipality of Alba Iulia, following a similar change of its outlook on R...
Petrom Pays RON1.74B Dividend From 2013 Profit
Romania’s leading oil and gas company OMV Petrom (SNP.RO) approved a dividend payment of 1.745 billion lei (EUR393 million) from the 2013 net profit, 10% higher on the year, the company said...
Transelectrica Pays RON2.23/Share Dividend In 2014
Romanian state-run power grid operator Transelectrica (TEL.RO) approved paying out a gross dividend of 2.228 lei (EUR0.501) a share from the 2013 net profit, well above RON0.404 paid last ye...
Horia Ciorcila Re-elected As Banca Transilvania’s Board Chairman
The shareholders of Romanian lender Banca Transilvania (TLV.RO) on Tuesday re-elected Horia Ciorcila for a new four-year term as chairman of the board, the bank said in a statement.
Leu Pares Gains Vs Euro Amid Growing Volumes
Romania’s leu lost part of its earlier gains versus the euro in late trade Tuesday to finish the session at 4.4515/4.4525 units, after an alert day with growing trading volumes.
Banca Carpatica CEO Says Merger Can Offer Shot At Top 10 Ranking
Romanian bank Banca Carpatica is looking for a merger partner that will help propel the lender to the top 10 largest financing institutions on the local market, chief executive Johan Gabriel...
Hidroelectrica Plans RON377M Investment In 2014
Romanian state-run hydropower producer Hidroelectrica has scheduled investments worth 377 million lei (EUR85 million) for this year, mainly in upgrade works and “historical” projects, the co...
Toni Volpe To Replace Luca D’Agnese As Enel Romania Country Manager
Enel Romania on Tuesday appointed Toni Volpe as its new country manager, replacing Luca D’Agnese in the position, the local unit of Italian utility Enel said in a statement.
Banca Italo Romena 2013 Loss Widens, Hurt By Provisions For Bad Loans
Banca Italo Romena, a unit of Italy’s banking group Veneto Banca, on Tuesday said its loss widened slightly to EUR11.7 million in 2013, from EUR11.1 million a year earlier, hurt by provision...