24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Partly Recovers Vs Euro, Exchange Rate Flat At 4.172
Romania’s leu reversed early losses against the euro in mid trade Thursday, while the central bank’s reference was virtually unchanged at 4.172 units, amid average volumes.
Volksbank Expects Romanian Unit To Return To Profit In 2011
Volksbank Romania is estimated to return to profit in 2011, versus a pretax loss of EUR36 million last year, Volksbank International AG said Thursday.
Fondul Proprietatea Wins Court Battle Over Romgaz Dividend
Romania’s Supreme Court ruled in favor of investment fund Fondul Proprietatea (FP.RO) in an action against state-run natural gas producer Romgaz Medias over the payment of 18.5 million lei (...
Bucharest Bourse Opens Up, Energy Shares On The Rise
The Bucharest Stock Exchange gained modestly Thursday morning, while chemical company Oltchim (OLT.RO) and oil refiner Rompetrol Rafinare (RRC.RO) once again stole the spotlight with near 15...
Leu Lower Vs Euro In Early Trade
The leu retreated against the euro for the third consecutive morning Thursday, pushed down by stop-loss orders from foreigners and amid low volumes, but dealers expect the downward trend wil...
INS: Trade Deficit Narrows To EUR2.4B In January-April
Romania’s trade deficit narrowed to EUR2.39 billion in the first four months of 2011, from EUR2.93 billion in the year-earlier period, the statistics institute INS said Thursday.
Leu Weakens Vs Euro On Negative Sentiment
Romania’s leu retreated against the euro Wednesday, amid a negative sentiment in the region and pushed down by stop-loss orders from non-residents, closing at 4.174/4.175 units.
Eurostat: One Third Of Romanians Aged 65 Or More In 2060
Romanian population is projected to decline by 19% between 2010 and 2060, with more than one third of the citizens being 65 or older at the end of the analyzed period, according to estimatio...
Leu Widens Loss Vs Euro, Exchange Rate Falls To 4.1719
Romania’s leu widened early losses against the euro in mid trade Wednesday, tracking the currencies in the region, and the central bank’s reference weakened 0.4% to 4.1719 units, the lowest...
S&P Affirms Romania’s Credit Rating At ‘BB+’; Outlook Stable
Standard & Poor’s Wednesday affirmed Romanian sovereign credit ratings at 'BB+/B' for foreign currency and at 'BBB-/A-3' for local currency, saying it expects economic recovery to remain slu...
Moody’s Has No Plans To Revise Romania’s Credit Rating
Moody’s Investors Service has no plans to change Romania’s credit rating in the next twelve months, the agency's Central Europe director Petr Vins said Wednesday.
Cris-Tim Seeks To Double Exports In 2011
Romanian meat processor Cris-Tim estimates exports will reach around 25% of total sales in 2011, more than double on the year, the company's owner Radu Timis said Wednesday.