24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Closes Slightly Higher Vs Euro In Quiet Trade
Romania’s leu traded in ranges against the euro amid a sleepy session Friday and closed modestly higher on the day at 4.131/4.134 units.
Leu Gains Modestly Vs Euro, Exch Rate At 4.1298
The leu gained modestly against the euro by mid session Friday and the central banks reference strengthened slightly to 4.1298 units, from 4.1342 units a day earlier.
Bucharest Stocks Gain Slightly In Early Trade, Oltchim Stays In Spotlight
Bucharest shares were mostly higher amid a quiet morning Friday, with chemical plant Oltchim (OLT.RO) continuing its fast ascension fueled by speculative buying.
Leu Higher Vs Euro In Early Trade, Follows Region
Romania’s leu edged higher against the euro Friday morning, mirroring the rebound of neighboring currencies as risk aversion softens after Greece announced new austerity measures to prevent...
INS: Tourist Arrivals In Romania Up 5.1% On Year In April
Tourist arrivals in Romania rose 5.1% in April from the year-earlier month, while tourist accommodations were up 2.2% on the year, the statistics institute INS said Friday.
INS: Adjusted Retail Sales Down 1.8% On Month In April
Romanian adjusted retail sales fell 1.8% in April compared with a month earlier, on falling consumption in most sectors, the statistics institute INS said Friday.
Bank Leumi Romania Switches To RON2.3M Loss In 1Q
Israeli Bank Leumi Thursday reported a loss of 2.3 million lei ($800,000) at its Romanian subsidiary, due to higher provisions, according to the bank’s financial report.
Nuclearelectrica Restarts Reactor After 25-Day Overhaul
Romanian state-owned energy producer Nuclearelectrica Wednesday restarted the second reactor at its nuclear power plant in Cernavoda, following a 25-day scheduled overhaul.
Romania’s Loans-to-GDP Ratio Lowest In CEE – Fitch
Romania ranks last based on lending and asset quality among twelve emerging countries in Central and Eastern Europe, according to a Fitch Ratings survey released Thursday.
Volksbank Romania Pumps EUR3M In Network Upgrades, Says Here To Stay
Volksbank Romania will invest over EUR3 million in network upgrades in 2011, as part of a wider strategy tweaking to restart growth, deputy president Lucian Cojocaru said Thursday.
Leu In Ranges Vs Euro, Exch Rate At 4.1342
The leu traded near 4.135 per euro by mid session Thursday and the central bank’s reference weakened slightly to 4.1342 units, from 4.1297 units a day earlier.
ING Says Romania’s Plan To Cap Deficit At 3% Of GDP Ill-timed
Romania’s planned amendments to the Constitution in order to limit the consolidated budget deficit to 3% of the gross domestic product may be positive on the long run, but its immediate oppo...