24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Transelectrica Plans To Raise EUR80M In Secondary Offering
Romanian state-run power grid operator Transelectrica (TEL.RO) estimates it will obtain EUR80 million from a secondary public offer in the second half of 2011, general manager Horia Hahaianu...
Leu Edges Down Vs Euro In Early Trade
Romania’s leu traded near 4.24 per euro Wednesday morning, mirroring the currencies in the region, which were rather unmoved by news that the Greek government survived a no-confidence vote,...
Leu Closes Slightly Up Vs Euro, Attuned To Region
Romania’s leu strengthened meagerly versus the euro Tuesday, tracking the currencies in the region, and closed just shy of 4.24 units as investors still wait for a resolution regarding Greec...
IMF Pushes Romania Loan Review Meeting To June 27
The International Monetary Fund has delayed until June 27 a board meeting to review Romania’s progress under a EUR3.5 billion precautionary loan agreement, according to the board agenda.
Leu Gains Vs Euro, Exchange Rate At 4.241
Romania’s leu gained modestly against the euro in mid trade Tuesday and the central bank’s reference strengthened 0.5% at 4.241 units, from 4.2635 units a day earlier.
Eurostat: Romania's GDP Per Capita Falls To 55% Below EU Average In 2010
Romanian gross domestic product per capita expressed in purchasing power standards (PPS) fell to 45% of the European Union average in 2010, the second-lowest level in the bloc, official data...
Vimetco Pulls Out Of JV With Romanian Interagro
Dutch aluminum smelter Vimetco has decided to withdraw from its joint venture with Romanian Interagro set up to support the construction of a coal fired power plant in the southern city of T...
OMV Petrom’s Unit Connects To Power Grid In Pre-run Tests
Romanian leading oil company OMV Petrom (SNP.RO) Tuesday said its cogeneration thermal plant in Brazi has successfully connected to the national power grid during a series of pre-run tests.
Leu Slightly Higher Vs Euro In Early Trade
The Romanian leu edged higher against the euro Tuesday morning, recovering part of yesterday’s losses due to concern over Greece’s debt.
Mechel's Romanian Units Seek EUR100M Loan For Working Capital
Romanian steel maker Mechel Targoviste (COS.RO) proposed borrowing EUR100 million to finance working capital and potential commitments, the company said Tuesday.
PCC, Carlson Ventures Partner Up For Oltchim’s Privatization
German PCC SE has teamed up with UK-headquartered investment fund Carlson Ventures to acquire majority control of state-run chemical company Oltchim Ramnicu Valcea (OLT.RO), slated for priva...
PwC Romania Appoints New Assurance Leader
Tax and audit firm PricewaterhouseCoopers Romania appointed John Webster as new Assurance leader for Romania and South Eastern Europe, effective July 1, the firm said in a statement Monday.