24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Enel Sees Romania's Renewable Power Output Rising To 31.4 TWh By 2020
Romanian renewable power output is poised to grow 80% to 31.4 TWh by 2020, from 17.2 TWh in 2010, fueled by higher wind power production, according to estimates from Enel Green Power, a unit...
Renaissance: Romania To Become One Of Europe’s Safest Credits
Romania is poised to become one of the safest credits in Europe, due to its modest foreign debt, a low current account deficit and undergoing economic reforms, a report from Renaissance Capi...
Leu Trades In Ranges Vs Euro, Exchange Rate At 4.0842
Romania’s leu traded in ranges against the euro in mid session Wednesday and the central bank’s reference strengthened modestly to 4.0842 units, from 4.0885 units a day earlier.
Overnight Deposits At BNR Rise To RON34.6B In April
Overnight deposits at Romania’s central bank BNR reached a combined amount of 34.6 billion lei (EUR8.46 billion) in April, more than double on the month, central bank data showed Wednesday.
Car Registrations Rise 32% On Month To 4,999 In April
Romanian new car registrations rose 31.8% on the month to 4,999 units in April, but were down nearly 44% from the year-earlier month, Interior Ministry data showed Wednesday.
INS: Romania's Inflation Hits 32-Month High In April At 8.34%
Romanian consumer prices rose 0.66% in April from a month earlier, while the annual inflation accelerated to 8.34%, the highest level since July 2008, the country’s statistics institute INS...
INS: Romania's 1Q Trade Gap Narrows To EUR1.4B
Romania’s trade deficit narrowed to EUR1.4 billion in the first quarter, from EUR2 billion in the year-earlier period, the country’s statistics institute INS said Tuesday.
Romgaz 1Q Net Profit Rises 46.7% On Year To RON299M
Romanian natural gas producer Romgaz Medias on Monday said its first quarter net profit rose 46.7% on the year to 298.7 million lei (EUR72.8 million), despite a 9% drop in sales.
BCR: Corporate NPLs To Increase On Short Term
Romanian retail non-performing loans have stabilized below 20% of the total loans, unlike the corporate sector, where the situation is set to worsen further before it can enter a downward pa...
Romania Sells RON1B 1-Year T-Bills At 6.89% Average Yield
Romania’s Finance Ministry on Monday sold a planned 1 billion lei (EUR243 million) in one-year treasury bills, at an average yield of 6.89% a year, slightly higher than at the previous aucti...
Euro Invest Bank Buys Romania’s Transilvania Capital For Undisclosed Sum
Euro Invest Bank AG has received authorization from Romania’s security commission to take over 99% in local brokerage firm Transilvania Capital, said Günter Woinar, general manager of the Au...
IMF Says Tax Cuts In Romania Not Possible On Short-Term
Romania can’t afford to reduce its main taxes in the coming years, because the measure would entail substantial spending cuts in the public system, an official of the International Monetary...