24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Inflation Unexpectedly Falls Below 8% In June, On Lower Food Prices
Romanian consumer prices fell 0.29% in June from a month earlier, pushed down by cheaper food items, while the annual inflation eased to an unexpected 7.93%, the country’s statistics institu...
INS: Romania Trade Deficit Narrows To EUR3.64B In Jan-May
Romania’s trade deficit narrowed to EUR3.64 billion in the first five months of 2011, from EUR3.93 billion in the year-earlier period, the country’s statistics institute INS said Monday.
Leu Weakens Vs Euro, In Line With Neighbors
Romania’s leu weakened against the euro Friday, amid a negative sentiment in the region following worse-than-expected job data in the US.
Romania's Annual Inflation Seen At 8.5% In June
Romanian consumer prices are likely to increase by 0.2% on the month in June, while the annual inflation is seen accelerating to 8.5%, according to a median forecast of the country’s associa...
Leu Loses Gains Vs Euro, Exchange Rate At 4.2037
Romania’s leu lost early gains versus the European common currency, but the central bank’s reference advanced 0.12% to 4.2037 units, from 4.2087 units a day earlier.
Bucharest Stocks Open Up, Eyes On Petrom
Bucharest shares opened higher Friday, with top oil company OMV Petrom (SNP.RO) gaining momentum ahead of a much-anticipated secondary offering due July 11.
Leu Up Vs Euro In Early Trade
The leu edged higher against the euro amid a quiet market Friday morning and traded slightly below 4.2 units in the first part of the session.
Pogonaru Launches Takeover Bid For Prodplast At RON1.27/Share
Businessman Florin Pogonaru next week will launch a takeover bid for the remaining stake in plastics producer Prodplast (PPL.RO) at 1.27 lei (EUR0.3017) a share, 4.9% above the latest closin...
INS: Adjusted Industrial Output Up 1.6% On Month In May
The adjusted industrial production rose 1.6% in May compared with the previous month, fueled by higher output in the manufacturing sector, the statistics institute INS said Friday.
Transavia Mulls Up To EUR13M Investments In 2011
Poultry meat processor Transavia plans to invest between EUR10 million and EUR13 million in upgrades this year, general manager Ioan Popa said Thursday.
Fitch Upgrades BCR, BRD and UniCredit Tiriac To ‘BBB+’
Fitch Ratings Thursday upgraded the long-term issuer default ratings of Banca Comerciala Romana (BCR), BRD - Groupe Societe Generale (BRD.RO) and UniCredit Tiriac Bank to 'BBB+' from 'BBB' f...
Petrom Announces Potential Significant Gas Find In Oltenia
Romanian dominant oil company OMV Petrom (SNP.RO) Thursday announced drilling success at its 4539 Totea exploration well in the southwestern region of Oltenia, in what could be the “most imp...