24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Dips Vs Euro, Unlike Neighbors
The leu weakened against the euro in a quiet session Friday, whereas its peers in the regions appreciated after Greece gave green light to a new set of austerity measures.
Romania To Launch Petrom SPO In Two Weeks - Sources
The Economy Ministry is likely to launch its planned secondary public offering for 9.84% in dominant oil company OMV Petrom (SNP.RO) on July 11 or July 12, participants in the capital market...
Leu In Ranges Vs Euro, Exchange Rate At 4.2419
The leu traded near 4.24 per euro in the first part of the session Friday and the central bank’s reference weakened nearly 0.2% to 4.2419 units, from 4.1341 units a day earlier.
Central Bank: Forex Reserves Rise To EUR34.4B In June
Romanian foreign exchange reserves rose to EUR34.4 billion in June from EUR32.7 billion a month earlier, central bank data showed Friday.
Public Debt Slides To RON195.5B In April
The public debt fell to 195.5 billion lei (EUR46.2 billion) in April, from roughly RON199 billion a month earlier, Finance Ministry data showed Friday.
Enel Green Power Ups Wind Farm Capacity In Romania To 104 MW
Enel Green Power, a unit of Italy’s utility Enel, has added another 40 MW to its Romanian network, increasing total installed capacity to 104 MW, the company said in a statement Thursday.
Bucharest Stocks Open Up In Quiet Trade
Bucharest shares opened slightly up Friday, amid low volumes, while investment fund Fondul Proprietatea (FP.RO) continued to dominate transactions.
Leu Down Vs Euro In Early Trade
The leu retreated against the euro Friday morning, pushed down by growing demand for foreign currency, unaffected by a positive sentiment in the region after Greek lawmakers agreed to more a...
Alro Confirms Vimetco Delays Stake Sale Due To Market Conditions
Aluminum smelter Alro Slatina (ALR.RO) Friday confirmed Dutch-based Vimetco, majority holder in the company, will delay a planned secondary public offering for a 21% stake due to unfavorable...
Vimetco To Hold On Alro Stock Until Fall - Sources
Netherlands-based Vimetco is likely to delay until fall the sale of a 21% stake in aluminum smelter Alro (ALR.RO), due to unfavorable conditions on international markets, people familiar wit...
Finance Ministry Plans To Sell RON4B Treasuries In July
The Finance Ministry plans to sell state paper worth 4 billion lei (EUR967 million) in July, up from RON3.7 billion sold a month earlier, ministry data showed Thursday.
Isarescu: Steady Key Rate To Steer Inflation Toward Target
The central bank’s decision not to modify its main interest rate will help steer inflation toward the year-end target over the following period, governor Mugur Isarescu said Thursday.