24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Ends Flat At 4.46 Vs Euro In Sleepy Session
Romania’s leu showed little movement against the euro for a straight day Thursday to finish the session flat at 4.459/4.461 units, amid low volumes.
Transelectrica Upgrades Transformer Station For RON42M
Romanian state-run power grid operator Transelectrica (TEL.RO) will invest 42.2 million lei (EUR9.46 million) in the next three years to upgrade its electricity transformer station in Campia...
Electrica’s Privatization To Follow Romgaz IPO Model
Romania’s planned initial public offering of a 51% in state-run electricity distributor Electrica SA will include three separate packages for corporate and retail investors and the shares wi...
Leu In Ranges Vs Euro, Exchange Rate At 4.4591
The Romanian leu was stable against the euro by midday Thursday and the central bank’s reference advanced slightly to 4.4591 units, from 4.4635 units in the previous day.
Romania Sells RON500M 3-Year Bonds At 3.84% Average Yield
Romania’s Finance Ministry on Thursday raised a planned 500 million lei (EUR112.1 million) in a reopening of its three-year bond due August 2016, at an average yield of 3.84% a year, slightl...
Leu Steady Vs Euro In Thin Morning Action
The Romanian leu stayed flat against the euro in thin action Thursday morning, amid weak investor appetite.
Romania Inflation Eases To New Record Low Of 1.04% In March
Romanian consumer prices were roughly unchanged in March, held down by declining food prices, while the annual inflation eased for the fifth straight month to a fresh record low of 1.04%, fr...
INS: February Industrial Output -1.3% On Month, +9.1% On Year
Romanian adjusted industrial production fell 1.3% in February compared with a month earlier, but was up 9.1% from the year-ago period, the country’s statistics institute INS said Thursday.
CFR Calatori Eyes Return To Profit In 2014
Romanian state-run passenger rail carrier CFR Calatori expects it will turn to net profit of 70 million lei (EUR15.7 million) in 2014 after losses a year earlier, according to the company’s...
Leu Ends Flat Vs Euro In Thin Trading
Romania’s leu closed flat at 4.459/4.461 against the euro after a lackluster session Wednesday, amid low volumes and weak investor appetite.
Balcerowicz: Romania Should Be Congratulated For Keeping Its 2nd Pension Pillar
Romania and other economies that introduced and preserved the second pension pillar should be congratulated for their initiative, particularly considering that the population is aging steadi...
ING Bank: BNR To Miss 2014 Inflation Target
Romania’s central bank will likely miss its inflation target for 2014 as consumer prices are expected to rise once the positive effects of the good farm output last year subside, a senior ec...