24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
IFond Financial Romania OKs RON456,000 Dividend From 2010 Profit
SAI Intercapital Investment Management’s fund iFond Financial Romania (IFR.RO) Tuesday approved paying out dividends of 456,000 lei (EUR111,943) from the 2010 profit.
Carbochim Expects Pretax Profit To Halve In 2011
Romanian abrasives maker Carbochim Cluj-Napoca (CBC.RO) Tuesday estimated its pretax profit will fall to 1.2 million lei (around EUR295,000) in 2011, from RON2.5 million a year earlier, on h...
Farmec Eyes Retail Expansion To Poland, Ukraine And Moldova
Romanian cosmetics producer Farmec Cluj-Napoca plans to expand its international retail network to include the markets in Poland, Ukraine and Moldova, the company said Tuesday.
Raiffeisen Raises Biofarm Target Price By 10%
Raiffeisen Capital&Investment on Tuesday raised by 10% to 0.23 lei (EUR0.056) a share its 12-month target price on Romanian drugmaker Biofarm (BIO.RO), while keeping its recommendation uncha...
Leu Closes Higher Vs Euro, Attuned To Region
Romania’s leu strengthened against the euro Tuesday, tracking the currencies in the region, and closed 0.12% higher on the day at 4.073/4.075 units.
Romania To Verify State Companies Data After EU Cites Uncertainties On 2010 Budget Figures
Romania's Finance Ministry will verify the accuracy of the financial figures reported by a series of state-run companies, after the European Union expressed reserve on the quality of the bud...
Romania's 1Q Budget Revenue +10.2% On Year To RON41.6B
Romanian budget revenues rose 10.2% on the year to 41.6 billion lei (EUR10.2 billion) in the first quarter, mostly fueled by higher income from the sales tax and excise duties, the Finance M...
Leu’s Exchange Rate Firms To New 13-Month High At 4.0735 Vs Euro
Romania’s leu continued to advance against the euro in mid trade Tuesday and the central bank’s reference strengthened 0.2% to 4.0735 units, reaching a fresh 13-month high.
Romania Posts 11th Biggest Budget Gap In EU In 2010
Romania’s budget deficit stood at 6.4% of the gross domestic product in 2010, the 11th biggest gap across the European Union, official data showed Tuesday.
3TS Capital To Launch EUR30M Fund Targeting IT&C, Media SMEs
Private equity firm 3TS Capital Partners will launch a EUR30 million fund targeting small- and medium-sized enterprises in companies in technology, media and communications sectors, Investme...
Leu Firms Vs Euro In Thin Pre-Easter Trade
Romania’s leu gained a little over 0.2% against the euro in a sleepy session Friday and closed at 4.078/4.08 units, from 4.087/4.089 units a day earlier.
Romania SIF Moldova OKs 2010 Dividend; BCR Stake Sell Put Off
Romanian regional investment find SIF Moldova (SIF2.RO) Friday approved paying out a dividend of 0.09 lei (EUR0.022) a share from the 2010 profit, up 50% on the year.