24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romania Farmaceutica Remedia Sees 53% Higher Profit In 2011
Romanian pharmaceuticals supplier Farmaceutica Remedia Deva (RMAH.RO) estimates a net profit to 2.98 million lei (EUR0.73 million) for 2011, nearly 53% higher on the year, according to the c...
Leu Exchange Rate Hits New 13-Mo High At 4.0815 Vs Euro
Romania’s leu extended early gains versus the euro in mid trade Friday and the central bank’s reference strengthened 0.2% on the day to 4.0815 units, hitting a fresh 13-month high.
ING: Jobless Figures Don’t Reflect Romanian Economic Reality
Romanian declining unemployment rate “is spectacular”, but it doesn’t reflect the economic reality in the country, ING Bank said in a report Friday.
ING Sees Romanian Leu Firming To 4.05 Vs Euro On Short-Term
Romania’s leu is likely to trade near 4.05 per euro in the next few months, benefiting from a substantial narrower current account deficit, ING Bank said in a report Friday.
IMF To Visit Romania April 27 - May 9
Joint teams from the International Monetary Fund, the European Commission and the World Bank will visit Romania between April 27 and May 9 for the first review of a EUR5.3 billion precaution...
Romania Asks Proprietatea Fund To Double 2010 Dividend
Romania's Finance Ministry requested regional investment fund Fondul Proprietatea pay a gross dividend of 0.03141 lei (around EUR0.0076) a share from 2010 profit, double compared to the init...
Romania Power Output Seen At 88.5 TWh In 2035
Romanian power output is estimated to grow 66% to 88.5 TWh by 2035, from 54.7 TWh in 2010, with most of the energy coming from nuclear and wind plants, according to a draft action plan from...
Certinvest Announces New Closed-End Fund
Romanian investment fund manager Certinvest Thursday announced it has launched a private closed-end fund called Absolute Return, which aims to attract up to EUR1.5 million in the next three...
Leu Ends Flat Vs Euro In Quiet Market
Romania’s leu recovered early losses against the euro in late trade Thursday and closed flat on the day at 4.087/4.089 units, in an uneventful session.
Romanian FDI Seen Rising To EUR5.8B In 2014
The Romanian government estimates foreign direct investments will increase to EUR5.8 billion in 2014, from EUR3.6 billion predicted for this year, according to the draft convergence program...
Romania Foregoes 2015 Deadline For Euro Adoption
Romania gave up its self-imposed 2015 deadline for the euro adoption, saying the country will not be able to join the European Exchange Rate Mechanism (ERM-II) before 2013-2014, according to...
Tax Increases Could Shadow Romania Private Consumption Recovery
Romanian private consumption is set to pick up in the coming period, following sharp reductions in the previous years, but recovery could lag behind due to possible tax increases and higher...