24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Sarantis 1Q Sales In Romania Fall To EUR8M
Hellenic pharmaceuticals company Sarantis Monday reported first quarter sales of EUR7.96 million in Romania, down 8.5% from the year-earlier period.
Armax Gaz OKs 10% Stake Buyback For RON12.2M
Romanian oil and gas equipment maker Armax Gaz Medias (ARAX.RO) approved a plan to buy back up to 10% of its shares for a maximum amount of 12.2 million lei (EUR2.96 million), the company sa...
Electromagnetica Invests RON19M In Micro Hydropower Plant
Romanian electric and electronic equipment maker Electromagnetica Bucuresti (ELMA.RO) Monday said it has invested 19 million lei (EUR4.6 million) in a micro hydropower plant in the northern...
Leu Closes Slightly Higher Vs Euro In Quiet Market
The leu lost part of its early gains versus the euro Monday and closed slightly stronger on the day at 4.1255/4.1285 units, amid a quiet market.
Electrica To Sell Remaining Stakes In Enel Muntenia Units
State-run energy company Electrica plans to sell its remaining shares in power distributors Enel Energie Muntenia and Enel Distributie Muntenia and will ask Italy’s Enel to present an offer...
Romania Plans To Sell RON4.3B Treasuries In June
Romania’s Finance Ministry plans to sell state paper worth 4.3 billion lei (EUR1.04 billion) in June, down from roughly RON5 billion sold a month earlier, ministry data showed Monday.
OTE Won't Buy Remaining Stake In Romtelecom, Proposes Cosmote Merger Instead
Greek telecom company OTE has decided not to buy out the remaining 46% stake in Romanian hard line telephony operator Romtelecom, IT&C Minister Valerian Vreme said Monday.
Leu Firms Vs Euro, Exchange Rate At 4.1207
Romania’s leu consolidated early gains versus the euro by mid-trade Monday and the central bank’s reference strengthened to 4.1207 units, from 4.1315 units in the previous session.
NBG Switches To EUR1M First-Quarter Loss In Romania
The National Bank of Greece (NBG) Thursday said it has switched to first-quarter loss of EUR1 million on the Romanian market, from net profit of EUR12 million in the year-earlier period, hur...
Marfin Bank Posts EUR1M Loss In Romania In First Quarter
Cyprus' second largest lender Marfin Bank Thursday said it has switched to first-quarter loss of EUR1 million in Romania, from net profit of EUR300,000 a year earlier, on lower revenues.
BCR Sold 165 Kilograms Of Gold In January To May
Romania’s top lender BCR has sold 165 kilograms of physical gold in January to May, above the amount sold in the whole of 2010, retail treasury chief Razvan Furtuna said Thursday.
Oltchim Makes Bid To Take Over Entire Activity Of Arpechim
Romanian state-run chemical plant Oltchim (OLT.RO) Thursday said it has made an offer to take over the entire activity of troubled supplier Arpechim Pitesti, after owner OMV Petrom (SNP.RO)...