24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
TMK-Artrom Slatina Borrows EUR20M For Working Capital From VTB Bank Austria
Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, Thursday said it will borrow EUR20 million from VTB Bank Austria to finance working capital and repay some...
Leu Closes Slightly Up Vs Euro In Quiet Market
Romania’s leu gained modestly versus the euro Thursday, tracking the currencies in the region, and closed 0.2% stronger on the day at 4.2025/4.204 units.
Alro Adds RON19M To Alum Tulcea's Capital
Romanian calcined alumina producer Alum Tulcea (BBGA.RO) increased its share capital by 18.96 million lei (EUR4.5 million) to RON488.4 million through cash injection from the mother company,...
Romania Sells 3-Year Bonds Worth Of RON703M; Yield Falls To 7.1%
Romania’s Finance Ministry on Thursday sold 702.8 million lei (EUR166.9 million) in three-year bonds, above the planned amount, at an average yield of 7.09% a year.
Leu Stays In Ranges Vs Euro, Exchange Rate At 4.2087
Romania’s leu traded in ranges against the euro in mid session Thursday and the central bank’s reference weakened slightly to 4.2087 units, from 4.2022 units a day earlier.
BCR Provides EUR31M Loan To Prio Extractie
Romanian top lender Banca Comerciala Romana, or BCR, provided a loan of EUR31 million to edible oil processor Prio Extractie to co-finance the latter’s working capital, BCR said in a stateme...
Fitch Ups Brasov, Oradea Ratings; Puts Bucharest On Positive Watch
Fitch Ratings upgraded the Romanian cities of Brasov and Oradea's long-term foreign currency ratings to 'BBB-' from 'BB+', with stable outlooks, the agency said in a statement Thursday.
Leu Falls Vs Euro On Higher FX Demand
Romania’s leu weakened against the euro Wednesday, pushed down by growing demand for foreign currency, and closed at 4.2105/4.212 units, from 4.178/4.1805 units a day earlier.
Leu Widens Loss Vs Euro, Exchange Rate At 4.2022
Romania’s leu extended early losses against the euro in mid trade Wednesday and the central bank’s reference weakened nearly 0.5% to 4.2022 units, from 4.1817 units a day earlier.
Bucharest Stocks Open Down Amid Low Volumes
Bucharest shares opened lower Wednesday morning, with the composite index BET-C shedding nearly 0.6% amid low volumes.
Leu Opens Down Vs Euro, Attuned To Region
The Romanian leu edged lower against the euro Wednesday morning, amid a negative sentiment in the region after Moody’s cut Portugal’s rating to “junk,” warning the country may need more inte...
Adjusted Construction Works +2.9% On Month In May - INS
Romanian construction works rose 2.9% in May compared with a month earlier, fueled by a 2.1% increase in new constructions, the statistics institute INS said Wednesday.