24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
IFC, APS Holding Ink Deal To Purchase NPLs In SE Europe
International Finance Corporation, the private sector lending arm of the World Bank Group, will provide up to EUR20 million to Czech distressed asset investment company APS Holding to co-pur...
Leu’s Exchange Rate Hits 5-Month High Of 4.4403 Vs Euro
The Romanian leu rose against the euro by midday Tuesday, amid growing euro sales, and the central bank’s reference gained 0.33% on the day to 4.4403 units, the strongest rate in five months...
Romgaz Approves RON990.6M Dividend For 2013
Romanian state-run natural gas producer Romgaz Medias (SNG.RO) on Monday approved paying out a gross dividend of 2.57 lei (EUR0.576) a share for 2013, down 7.15% from a year earlier.
Turbomecanica Eyes Return To Profit In 2014
Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) expects it will turn to net profit of 2.18 million lei (EUR0.49 million) in 2014, versus losses a year earlier, helped by an 8....
Hidroelectrica Shareholder Says IPO Likely In 2015
State-run hydropower producer Hidroelectrica’s planned offering of a 15% stake in Bucharest will likely take place next year, once the company completes an insolvency process, according to e...
Franklin Templeton: Best To List Proprietatea Fund In London In Sep-Oct
Romanian investment fund Fondul Proprietatea’s manager Grzegorz Konieczny on Monday estimated the best moment to list the fund’s shares in London would be in September-October.
Leu Dips Vs Euro In Quiet Market
Romania’s leu weakened slightly against the euro Monday to finish the session at 4.452/4.453 units, amid a quiet market.
Proprietatea Fund In Talks To Acquire Minority Stake In Electrica
Romanian investment fund Fondul Proprietatea (FP.RO) is negotiating the acquisition of a minority stake in state-owned electricity distributor SC Electrica SA in exchange for its holdings in...
Proprietatea Fund OKs London Listing Plans
Romanian investment fund Fondul Proprietatea (FP.RO) on Monday approved a proposal lodged by fund manager Franklin Templeton Investment Management for a secondary listing of the fund’s share...
Alumil Eyes Higher Profit In 2014; OKs RON20M Dividend
Romanian aluminum processor Alumil Rom Industry (ALU.RO) expects its net profit will rise to 1.31 million lei (EUR0.29 million) in 2014, from roughly RON0.56 million a year ago, helped by lo...
Romania Jobless Rate Inches Down To 5.56% In March
Romania's unemployment rate inched down to 5.56% in March, from 5.83% a month earlier, data from the country’s employment agency ANOFM showed Monday.
Leu Down Vs Euro, Exchange Rate At 4.4549
The Romanian leu edged lower against the euro by midday Monday and the central bank’s reference weakened slightly to 4.4549 units, from a four-week high of 4.4517 units in the previous sessi...