24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Isarescu Says Banks Should Focus More On Corporate Loans
Romanian banks should focus more on corporate loans, as consumer lending nears saturation point, central bank governor Mugur Isarescu said Thursday.
Leu Exchange Rate At 4.2088 Vs Euro; Falls To All-Time Low Vs Swiss Franc
Romania’s leu extended early losses against the euro in mid trade Thursday and the central bank’s reference weakened 0.8% to 4.2088 units, the lowest rate since March.
Romania Posts Highest Annual Inflation In EU For 10th Straight Month
Romania posted the highest inflation in the European Union for the tenth consecutive month in May, while the EU's average rate eased to 3.2%, from 3.3% a month earlier, statistics office Eur...
Ropharma Appoints New Board Member
Romanian generics wholesaler Ropharma Brașov (RPH.RO) Wednesday appointed Vasile Vasiliu as company administrator, after Alin Constantin Radasanu stepped down from his position of member of...
Proprietatea Fund’s Net Assets Fall To RON16.4B In May
Investment fund Fondul Proprietatea Wednesday reported a 0.7% decline in its net assets to 16.4 billion lei (EUR3.92 billion) in May, from RON16.54 billion a month earlier.
Kaufland Starts EUR8M Investment In Ploiesti Shopping Center
German retailer Kaufland will invest over EUR8 million in a new hypermarket and shopping center in Ploiesti, some 60 kilometers of capital Bucharest, officials of Kaufland Romania said Wedne...
SIFs' Net Assets Rise Slightly To RON7.36B In May
The five regional investment funds (SIFs) reported combined net assets worth 7.36 billion lei (EUR1.76 billion) in May, up 0.4% from a month earlier.
Electroarges Triples Capital To RON8.6M
Home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) approved increasing its capital by 5.72 million lei (EUR1.37 million) to RON8.58 million to help finance investments, the c...
Leu Dips Vs Euro In Sleepy Session
Romania’s leu retreated modestly against the euro Wednesday and closed near 4.175 units, in an uneventful session.
Lower Fees For Euro Payments As Romanian Central Bank Joins Target2
The Romanian central bank will join Europe’s Target2 real-time gross settlement system on July 4, a bank official said Wednesday, mentioning that 22 local lenders have already signed up to p...
Leu Exchange Rate Hits New 3-Month Low At 4.1756 Vs Euro
Romania’s leu partly recovered early losses against the euro by mid-trade Wednesday, while the central bank’s reference fell to a fresh three-month low at 4.1756 units, from 4.1732 units a d...
Eurostat: Romania April Industrial Output Rises At 10th Fastest Pace In EU
Romania’s industrial production rose 6.8% on the year in April, the tenth biggest increase in the European Union, official data showed Wednesday.