24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Down Vs Euro In Early Trade, Rate Decision Awaited
Romania’s leu edged lower against the euro Tuesday morning, amid low volumes and ahead of the central bank’s monetary policy meeting scheduled for today.
INS: Romania March PPI +1.1% On Month, +11% On Year
Romania’s industrial producer price index rose for a fifteenth straight month in March, fueled by increases in manufacturing and utility sectors, the country’s statistics institute INS said...
BRD 1Q Net Profit Falls 39% To RON122M
Romanian lender BRD Societe-Generale (BRD.RO) Tuesday reported a 38.7% drop in its first-quarter net profit to 122 million lei (EUR29.85 million), on lower net income, the bank said in its f...
Pharmacy Network Centrofarm Swings To Profit In 2010
Romanian pharmaceuticals retailer Centrofarm (CEOF.RO) Monday said it switched to profit in 2010, after losses a year earlier, fueled by higher sales.
Rompetrol’s Ecomaster To Invest $2M In Ecological Park In 2011
Ecomaster, the ecologic services unit of Romania’s second largest oil group Rompetrol, will invest around $2 million at its industrial ecological park Ecopark in 2011, general manager Romulu...
EximBank 2010 Net Profit Falls To RON75M
Romania’s state-run export-import lender EximBank Monday reported a 44% drop in its net profit to 75 million lei (EUR18.35 million) in 2010, from RON134 million a year earlier.
Leu Dips Vs Euro Amid Growing FX Demand
The leu weakened against the euro Monday, amid growing demand for foreign currency, and closed at 4.0935/4.0943 units, from 4.0755/4.0765 units in the previous session.
BCR Finance Sells EUR30M 3-Year Bonds In Luxembourg
BCR Finance, the financial arm of Romania’s top lender Banca Comerciala Romana (BCR), Monday issued three-year bonds worth EUR30 million on the Luxembourg stock exchange.
Shopping Center Operator Cocor Cuts 2011 Sales Forecast To RON26M
Shopping center operator Cocor Bucuresti (COCR.RO) Monday revised downward its forecast on full-year sales to 25.7 million lei (EUR6.2 million), from RON31 million previously envisaged.
Romania Sells RON1.64B 1-Year T-Bills At 6.85% Average Yield
Romania’s Finance Ministry on Monday sold 1.64 billion lei (EUR401 million) in one-year treasury bills, slightly above the planned amount, at an average yield of 6.85% a year.
Albalact 1Q Net Profit Falls 75% To RON2.6M
Dairy maker Albalact Alba Iulia (ALBZ.RO) Monday reported a 75% drop in its first quarter profit to 2.6 million lei (EUR0.63 million), despite a 32% increase in sales.
OTP Bank In Talks To Buy RBS’ Romanian Unit - Sources
Hungary’s largest lender OTP Bank wants to buy the Romanian subsidiary of Royal Bank of Scotland and will make an offer shortly, people close to the negotiations said Friday.