24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania's GDP Growth Could See Downside Pressure If EU Recovery Sluggish
Romanian economic growth could come under slight downward pressure from declining trade with northern European states, particularly Germany, but the year-end figure should be close to offici...
Popa, BNR: Romania Contemplates Issuing US Dollar-Denominated Bonds
Romania’s Finance Ministry will analyze the opportunity to issue US dollar-denominated sovereign bonds, following increasing interest from American investors at an international debt sale Th...
Leu In Ranges Vs Euro, Exchange Rate At 4.1556
Romania’s leu traded in ranges against the euro in mid session Friday and the central bank’s reference strengthened nearly 0.4% at 4.1566 units, from 4.172 units a day earlier.
Liquidators Make Final Attempt To Sell-Off Bankrupt City Mall
Bucharest shopping center City Mall failed to attract investors at a fourth auction following the company’s bankruptcy in November last year and liquidators are making a final attempt before...
Transgaz OKs 2010 Dividend At A Record RON338.7M
Romania’s state-run natural gas pipeline operator Transgaz Medias (TGN.RO) will pay out total dividend of 338.7 million lei (EUR81.2 million) from last year’s profits, a record figure for th...
Bucharest Stocks Open Down, Oltchim Shares Cool Off
Bucharest shares were mostly lower Friday morning, with star traders Oltchim (OLT.RO) and Rompetrol Rafinare (RRC.RO) slowing down after days of consecutive gains of 15%.
Leu Opens Higher Vs Euro In Quiet Market
Romania’s leu advanced versus the euro Friday morning and traded near 4.155 units for the first part of the session, amid a quiet market.
Inflation Climbs To 33-Month High In May
The consumer prices index inched up 0.2% in May from a month earlier, while the annual inflation hit a 33-month high at 8.41%, the statistics institute INS said Friday.
Leu Ends Higher Vs Euro On Rising Volumes
Romania’s leu edged higher against the euro in late trade Thursday, amid growing volumes, and closed 0.2% stronger on the day at 4.1635/4.1645 units.
Romania Sells RON500M 3-Year Bonds At 7.2% Average Yield
Romania’s Finance Ministry on Thursday sold a planned 500 million lei (EUR119.8 million) in three-year bonds, at an average yield of 7.18% a year, slightly lower than at the previous auction...
Transgaz Expects 67% Fall In 2011 Profit To RON124M
Romania’s state-run natural gas pipeline operator Transgaz Medias (TGN.RO) estimates its net profit will drop 67% to 123.9 million lei (EUR29.7 million) in 2011, due to lower revenue and ris...
Debt Collection Down 12% On Year In First Quarter
Romanian debt collection market fell 12% on the year in the first quarter, as liquidity bottlenecks put upward pressure on recovery costs, the Debt Management Service Association (AMCC) said...