24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Fitch Affirms Romania’s Brasov At ‘BB+’, Citing Improved Financials
Fitch Ratings Wednesday affirmed at ‘BB+’ its long-term foreign currency rating on Romanian central city of Brasov, with stable outlook, citing improved budgetary performance and restored fi...
AOAR: Romanian Leu Still Overvalued Vs Euro, Exports Affected
Romanian leu is still overvalued and its continuous appreciation versus the euro has a negative impact on exports and, implicitly, on economic recovery, the Romanian Businessmen Association...
Fitch Affirms Oradea At ‘BB+’; Outlook Stable
Fitch Ratings on Wednesday affirmed the Romanian city of Oradea's (Oradea) long-term foreign currency rating at 'BB+', long-term local currency rating at 'BBB-' and short-term foreign curren...
Leu Dips Vs Euro On Higher FX Demand
The leu traded near 4.13 per euro in late session Tuesday, amid growing commercial demand, and closed slightly weaker on the day at 4.1285/4.13 units.
Caremil Swings To Loss In First Quarter, As Orders Decline
Clothing maker Caremil Tuesday said it switched to loss of 230,000 lei (EUR55,800) in the first quarter, due to fewer orders at its Smirodava factory.
Strabag 1Q Output Volume In Romania Down 13% To EUR15M
Austria’s top constructor Strabag Tuesday reported a 13% drop in first-quarter output volume to EUR14.98 million in Romania, from EUR17.24 million in the year-earlier period.
Hidroelectrica, Romgaz To Hike Bucharest Stock Capitalization By 5%-10%
Romania’s plan to list minority stakes in hydropower generator Hidrolectrica and natural gas producer Romgaz is likely to increase capitalization on the Bucharest bourse by 5% to 10%, a seni...
Leu Partly Loses Gains Vs Euro, Exchange Rate Flat At 4.1208
Romania’s leu lost part of its early gains versus the euro in mid trade Tuesday, while the central bank’s reference rate was virtually unchanged at 4.1208 units.
Romania Doesn’t Give Up Plan To Create Energy Champions
Romanian government didn’t give up its plan to merge the main power companies into two national champions, but a system overhaul to create several smaller energy centers has better chances o...
E&Y Appoints New Managing Partner For Romania, Moldova
Accounting firm Ernst & Young has appointed Bogdan Ion as new managing partner for Romania and Moldova.
Bucharest Stock Mostly Higher In Early Trade, Oltchim Takes Lead
Bucharest shares were mostly higher Tuesday morning, with chemical company Oltchim (OLT.RO) and investment fund Fondul Proprietatea (FP.RO) leading transactions.
Leu Opens Higher Vs Euro, Attuned To Region
Romania’s leu edged higher against the euro Tuesday morning, tracking the currencies in the region following talks on a possible new international bailout for financially troubled Greece.