24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Oltchim, Rompetrol Dominate Bucharest Bourse In Early Trade
The Bucharest Stock Exchange opened slightly up Wednesday, with the shares of Oltchim (OLT.RO) and Rompetrol Rafinare (RRC.RO) fast tracking toward the 15% admitted daily cap.
Leu Down Vs Euro In Early Trade, Immune To 1Q GDP Data
Romania’s leu weakened against the euro in early trade Wednesday, unaffected by positive data that showed the economy expanded at a slightly faster pace than initially estimated in the first...
WB Raises Romania 2011 Growth Outlook To 1.6%
The World Bank has revised slightly upward its forecast on Romanian economic growth to 1.6% in 2011 from 1.5% previously, citing improved export performance, according to a report on global...
INS: April Industrial Output -0.2% On Month, +6.2% On Year
Romanian adjusted industrial production inched down 0.2% in April compared with the previous month, due to declining output in the manufacturing sector, the statistics institute INS said Wed...
Romania's Economy Grows Higher Than Expected, GDP Rise 0.7% In First Quarter
The economy expanded at a faster pace than previously estimated in the first quarter, supported by rising exports and increasing activity in industry and retail sectors, revised figures show...
INS: Power Output Up 3.4% On Year In First Four Months
Romanian power output rose 3.4% on the year to 7.89 million tons of oil equivalent in January to April, while the country’s primary energy resources increased 2.3% to 11.4 million tons of oi...
Ialomitianu: Budget Deficit Widens To RON6.7B In May
Romania’s consolidated budget posted a deficit of 6.7 billion lei (EUR1.6 billion) in the first five months, equal to 1.2% of the gross domestic product, Finance Minister Gheorghe Ialomitian...
Proprietatea Fund Buys Back 0.12% Stake For RON8.5M
Romanian investment fund Fondul Proprietatea (FP.RO) last week bought back 0.12% of its shares on the Bucharest bourse for 8.52 million lei (EUR2 million), the fund said in a statement Tuesd...
Romania Notifies EU On Improved Green Certificate Scheme
Romania sent an official note to the European Commission regarding its improved scheme to support renewable energy producers, after the country’s antitrust watchdog has sanctioned the projec...
Leu Falls Vs Euro, Unlike Peers
The leu retreated versus the euro Tuesday, pushed down by stop-loss orders from non-residents, and closed 0.4% weaker on the day at 4.1545/4.1555 units.
Overnight Deposits At Central Bank Rise To RON39.8B In May
Overnight deposits at Romania’s central bank reached a combined amount of 39.8 billion lei (EUR9.6 billion) in May, up 15.2% on the month, central bank data showed Tuesday.
Leu’s Exchange Rate Falls To 2-½ Month Low At 4.1554 Vs Euro
Romania’s leu edged lower against the euro in mid trade Tuesday, unlike its peers in the region, and the central bank’s reference weakened 0.5% to 4.1544 units, the lowest rate in two and a...