24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania Up 4 Notches In IMD 2011 World Competitiveness Report
Romania went up four places to 50th in the annual IMD World Competitiveness report, with a total score of 57.497 out of 100 points possible.
Vimetco Plans To Sell Up To 21% In Smelter Alro
Netherlands-based Vimetco and Romania’s Conef SA want to sell up to 20.96% of their 87.96% stake in aluminum smelter Alro Slatina, in a deal estimated at 575.9 million lei (EUR138.9 million)...
Retrasib Shares OKed For Transfer To Bucharest 2nd Tier
Romanian engine maker Retrasib Sibiu (RTRA.RO) was given green light to transfer its share from Rasdaq market to the Bucharest bourse’s second tier, pending approval from the stock exchange’...
Central Depository Resumes Proprietatea Fund Share Conversion
Romanian Central Depository Tuesday resumed the conversion of compensation rights into shares in restitution fund Fondul Proprietatea, after a de-facto suspension of over four months.
Leu Falls Vs Euro Amid Higher Volumes
Romania’s leu continued to retreat versus the euro in late trade Wednesday and closed 0.4% weaker on the day, amid higher volumes and growing concerns over a possible dissolvement of the rul...
APIA: Car Sales +38% In April To 8,465 Units
Romanian new passenger car sales rose 38% on the month to 8,465 units in April, but were down 18.4% on the year, the Automotive Manufacturers and Importers Association, or APIA, said Wednesd...
Patria Credit IFN Borrows EUR8M From EIF
Patria Credit IFN Wednesday said it has borrowed EUR8 million from the European Investment Fund to help finance 2,000 micro-companies and farmers in rural and small cities in Romania.
Vreme: OTE To Decide On Buyout Bid In Romtelecom By May 27
Romanian IT&C minister Valerian Vreme on Wednesday said Greek OTE will decide on a buyout offer for the state’s remaining 46% in hard line telephony operator Romtelecom by the end of next we...
Leu Reverses Early Gains Vs Euro, Exchange Rate At 4.1184
Romania’s leu lost early gains versus the euro in mid trade Wednesday and the central bank’s reference weakened 0.3% at 4.1184 units, from 4.1051 units a day earlier.
Romania's Public Debt Rises To RON199B In March
Romania’s public debt rose to 198.9 billion lei (EUR48.3 billion) in March, from RON193.1 billion a month earlier, Finance Ministry data showed Wednesday.
Eurostat: Romania's 1Q Construction Output Falls At 3rd Slowest Pace In EU
Romanian construction output fell 2.9% on the quarter in January to March, the third smallest decline in the European Union, official data showed Wednesday.
Electrocarbon's 1Q Net Profit Up 69% To RON2.7M
Romanian industrial electrodes maker Electrocarbon Slatina (ELNG.RO) Tuesday said its net profit rose nearly 69% on the year to 2.7 million lei (roughly EUR657,000) in the first quarter, on...