24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Loses Gains Vs Euro, Exch Rate At 4.2341
The leu lost early gains versus the euro in mid trade Thursday and the central bank’s reference weakened 0.4% at 4.2341 units, from 4.1257 units a day earlier.
Greek Olympus Opens New Unit In Brasov
Greek dairy maker Olympus Thursday said it has completed a EUR55 million investment in a production unit in central locality of Halchiu, Brasov county.
Bucharest Stocks Open Up, Proprietatea Fund Leads
Bucharest shares were modestly up in early trade Thursday, with investment fund Fondul Proprietatea (FP.RO) fueling large part of the stock exchange’s liquidity.
Leu Modestly Higher Vs Euro In Early Trade
The leu edged higher against the euro amid low volumes Thursday morning, in line with the currencies in the region as investors wait for a second vote in Greece’s parliament regarding more a...
Adrian-Ion Stanescu Named GM At Rompetrol Well Services
Rompetrol Well Services (PTR.RO), a unit of Rompetrol group, Friday said it has appointed board chairman Adrian-Ion Stanescu as the new head of the company.
Leu Recovers Vs Euro, Central Bank Intervention Suspected
The Romanian leu recouped early losses against the euro in late trade Wednesday and closed below 4.23 units, with dealers suspecting central bank’s intervention to support the national curre...
EBRD, IFC Provide EUR115M Loan For EDP's Wind Projects In Cernavoda
The European Bank for Reconstruction and Development (EBRD) and IFC, a member of the World Bank Group, will provide total financing of EUR114.8 million to Cernavoda Power for the constructio...
Romania's Car Parts Market Seen Rising 5% In 2011
The Romanian car parts market is poised to grow by 4% to 5% on the year to around EUR1 billion, as large part of the vehicles bought during the boom years are no longer covered by the manufa...
Leu Widens Loss Vs Euro, Exchange Rate At 4.2517
Romania’s leu extended early losses versus the euro in mid trade Wednesday and the central bank’s reference weakened 0.25% at 4.2517 units, from 4.241 units a day earlier.
Eurostat: Romania April Industrial Orders Rise At 3rd Fastest Pace In EU
Romanian industrial new orders rose 6.6% in April from a month earlier, the third fastest increase in the European Union, official data showed Wednesday.
Raiffeisen Says Retail Loan Growth Sluggish
Romanian household lending has limited growth potential as demand is expected to remain subdued for another two to three years, said Ionut Dumitru, chief economist at Raiffeisen Bank Romania...
Bucharest Stocks Open Slightly Higher; On Reduced Interest
Bucharest shares were mostly higher Wednesday morning, with the bourse’s composite index BET-C advancing 0.3% amid reduced interest.