24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romanian Government: 1st Budget Revision Of 2011 In Jul/Aug
Romania's government plans to revise the 2011 budget in the second half of the year, during parliamentary recess, according to a draft ordinance pending lawmakers’ approval.
Ghetea: Romanian Banks “Warming Up” For Lending Restart
Romanian banking system is going through a “warm-up” period, when the lenders provide mostly refinancing services, but the situation must change so that private lending can recover, the head...
Isarescu: Leu's Rise Vs Euro Difficult To Cap
Romanian central bank has trouble paring down the leu’s appreciation against the euro, as interest rates are already low and buying euros would create liquidity surplus in the market, govern...
Leu’s Exchange Rate Hits New 13-Month High At 4.0858 Vs Euro
Romania’s leu returned to gains versus the euro in mid trade Wednesday, and the central bank’s reference strengthened to a fresh 13-month high at 4.0858 units, from 4.091 units a day earlier...
Central Bank Bound To Lose Popularity Once Economy Recovers
Romania's central bank will resume acting as a brake on potential economic overheating once the economy recovers, deputy governor Bogdan Olteanu said Wednesday.
WB: Romanian Leu Set To Firm Vs Euro On Long-Term
Romania’s leu is bound to strengthen against the euro on the long run, once living standards improve, Kaspar Richter, senior economist at the World Bank (WB) told MEDIAFAX Tuesday.
Electrocarbon Sees 73% Fall In 2011 Pretax Profit
Romanian electrode maker Electrocarbon Slatina (ELNG.RO) estimates its pretax profit will drop 72.6% to 4.9 million lei (EUR1=RON4.091) in 2011, from nearly RON18 million a year earlier, des...
WB: Romania Economy To See Solid Growth Improvement In 2011
Romanian economy will grow at one of the fastest paces in Eastern Europe in 2011, but recovery remains sluggish, the World Bank (WB) said in a report Tuesday.
MOL Inks Concession Deals For 3 Romanian Exploration Blocks
Hungarian oil group MOL Tuesday said it has signed concession agreements for three exploration perimeters in western Romania.
Romania’s Dacia Automobile 2010 Net Profit +30.4% To RON300M
Romania’s Dacia Automobile, the local unit of French carmaker Renault, Tuesday reported a 30.4% increase in its net profit to 300 million lei (EUR1=RON4.091) in 2010, fueled by higher export...
Rompetrol Group Swings To $0.9M Net Profit In 1Q
Romania’s second largest oil group Rompetrol Tuesday said it switched to a net profit of $900,000 in the first quarter, from a loss of $56.2 million in the year-earlier period.
Leu Closes Up Vs Euro, Attuned To Region
Romania’s leu recovered early losses against the euro in late trade Tuesday, tracking the currencies in the region, and closed stronger on the day at 4.0865/4.088 units.