24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Raiffeisen Bank: Private Debt Level Is Elevated; Companies Need More Capital
Private indebtedness levels in Romania are high for both population and companies, which need more capital to stay competitive, said Ionut Dumitru, chief senior economist with Raiffeisen Ban...
Leu’s Exchange Rate Dips To 4.4635 Vs Euro
The Romanian leu traded in a narrow range against the euro by midday Wednesday and the central bank’s reference retreated to 4.4635 units, from 4.4561 units a day earlier.
Alro Invested Over $100M In Environmental Protection Projects
Romanian aluminum producer Alro Slatina (ALR.RO), a unit of Dutch-based Vimetco, has injected more than $100 million in environmental protection during the past 10 years, in projects which h...
Coface Ups Romania GDP Growth Forecast To 2.3% In 2014
Coface ratings agency on Wednesday raised its growth forecast on Romania’s economy to 2.3% this year from 2.1% previously, but warned of a still fragile business environment.
Bucharest Stocks Mostly Higher In Early Trade
The Bucharest shares were mostly higher Wednesday morning as the financial stocks gained 0.21% after six consecutive days of losses and the trading benchmark advanced 0.18%.
Leu Flat Vs Euro In Dull Morning Trade
Romania’s leu was flat against the euro in early session Wednesday, with investors showing little interest in the local currency.
Romania Power Output Down 0.1% On Year In First Two Months
Romanian energy output inched down 0.1% on the year to 3.6 million tons of oil equivalent in the first two months, held back by declining production in the wind sector, official data showed...
Romania January-February Trade Gap Widens To EUR566M
Romania’s trade deficit widened 11.6% on the year to EUR566 million in the first two months, with imports rising faster than exports, the country’s statistics institute INS said Wednesday.
INS: Adjusted Construction Works Inch Higher In February
Romanian construction works advanced 0.8% in February from a month earlier, fueled by higher demand for new constructions, the statistics institute INS said Wednesday.
Leu Gains 0.2% Vs Euro In Quiet Trading
Romania’s leu gained 0.2% versus the euro after a quiet session Tuesday, amid average volumes.
Hidroelectrica Sells Electricity Worth RON153.2M
Romania’s insolvent energy producer Hidroelectrica on Tuesday sold electricity worth 153.2 million lei (EUR34.54 million) on the local power exchange OPCOM, bringing the total sum raised in...
Leu’s Exchange Rate Strengthens Slightly To 4.4561 Vs Euro
The Romanian leu appreciated slightly against the euro by midday Tuesdays and the central bank’s reference strengthened to 4.4561 units, from 4.463 units a day earlier.