24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Bucharest Stocks Close Slightly Higher In Quiet Trade
The Bucharest shares inched up in thin volumes Tuesday with the composite BET-C ending a two-day losing streak to finish the session 0.41% higher.
IMF: Romania Must Apply Strong Measures To Offset Fuel Tax Exemption
Romania’s planned exemption on its recently introduced excise tax on fuels must be compensated by “strong measures” that will offset the resulting fiscal gap, an official with the Internatio...
TMK Artrom Slatina Sees Five-fold Profit Increase In 2014
Romania’s TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, estimates its net profit will rise over five-fold on the year to 64.5 million lei (EUR14.4 million) in 2014...
Banca Transilvania Sees 16% Higher Pretax Profit In 2014
Romanian lender Banca Transilvania (TLV.RO) estimates its pretax profit will rise 16% to 512 million lei (EUR114.7 million) in 2014, helped by a 7% increase in operating income and a slowdow...
Romania Forex Reserves Down To EUR31.3B In March
Romanian foreign exchange reserves fell to EUR31.27 billion in March, from EUR31.65 billion a month earlier, central bank data showed Tuesday.
Hidroelectrica Mulls Selling RON205M Worth Of Electricity
Romania’s insolvent energy producer Hidroelectrica plans to sell 1.27 terawatt-hours of electricity on the local energy exchange OPCOM in a bid to raise 204.86 million lei (EUR46 million), a...
Leu In Ranges Vs Euro, Exchange Rate At 4.4629
The Romanian leu traded in a tight range against the euro in the first half of the session Tuesday and the central bank’s reference lost 0.17% to 4.4629 units, from 4.4553 units in the previ...
Piraeus Bank Romania 2013 Assets Rise 16% To EUR2B
Piraeus Bank Romania, a unit of Greece’s second-largest lender Piraeus Bank, reported a 16% increase in its assets to over EUR2 billion in 2013, the bank said in a statement Tuesday.
Proprietatea Fund Seeks To Stop Nuclearelectrica From Joining Tarnita Project
Romanian investment fund Fondul Proprietatea (FP.RO) has launched a legal action to stop nuclear power company Nuclearelectrica (SNN.RO) from co-financing two state-funded energy projects.
SIF Transilvania Expects Lower Profit In 2014
Romania’s regional investment fund SIF Transilvania (SIF3.RO) estimates its net profit will fall to 50.8 million lei (EUR11.1 million) in 2014, from RON189.6 million a year earlier, on lower...
Bucharest Stocks Close Mixed; Proprietatea Fund Boosts Liquidity
The Bucharest stock market closed mixed Monday as the composite BET-C fell for a second straight day, but the BET-FI continued to gain thrust, supported by alert trading with Fondul Propriet...
Rompetrol Well Services Expects 2014 Profit To Fall On Higher Costs
Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, expects its net profit will fall to 12.6 million lei (EUR2.82 million) this year, its weakest result...