24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Bucharest Stock Exchange 2013 Trade Value Up 2.4% To RON15B
Overall trade value at the Bucharest Stock Exchange rose 2.4% on the year to 15.05 billion lei (EUR2.88 billion) in 2013, with non-resident trading accounting for 46% of total, stock exchang...
Romania Plans To Sell RON4.33B Treasuries In April
Romania’s Finance Ministry plans to sell state treasuries worth 4.33 billion lei (EUR971 million) in April, up from RON2.84 billion raised a month earlier, ministry data showed Monday.
Leu’s Exchange Rate Dips To 4.4553 Vs Euro
Romania’s leu edged higher against the euro by midday Monday, but the central bank’s reference weakened modestly to 4.4553 units, from 4.4514 units in the previous session.
Isarescu: S&P Waiting To See How We Fare During Election Year To Lift Junk Status
Romanian central bank governor Mugur Isarescu on Friday said the last of the “Big Three” credit-rating agencies which is yet to promote the country to investment grade will probably wait unt...
No Bidders For Oltchim’s Assets
Romanian insolvent chemical company Oltchim SA (OLT.RO) hasn’t received any bids for its assets by the Friday deadline, the company’s judicial administrators said in a statement.
Leu Closes Slightly Stronger Vs Euro
Romania’s leu lost part of its earlier gains versus the euro in late trade Friday, but finished the session slightly stronger, amid above-average volumes.
Romania Central Bank Leaves Key Rate Unchanged At 3.5%
Romania’s central bank left its key rate unchanged at a record low of 3.5% Friday, ending an eight-month long monetary easing cycle, amid higher inflationary pressures.
Italy’s Intesa Sanpaolo To Reassess Presence In Romania
Italy’s lender Intesa Sanpaolo on Friday announced it will reassess its presence in Romania after posting losses of EUR37 million on the local market in 2013, almost 50% wider on the year.
BNR Suspends Voting Rights Of Four More Shareholders In Banca Carpatica
Romania’s central bank has suspended the voting rights of four more shareholders in commercial lender Banca Comerciala Carpatica (BCC.RO) after finding they have been acting in concert with...
Leu’s Exchange Rate Hits Almost 4-Month High Vs Euro, Of 4.4514 Units
The Romanian leu rose against the euro by midday Friday and the central bank’s reference gained 0.5% on the day to 4.4514 units, the strongest rate since December 2.
OMV Petrom Expects 18.6% Lower Profit In 2014
Romanian dominant oil company OMV Petrom (SNP.RO) expects its net profit will fall 18.6% to 3.93 billion lei (EUR878 million) in 2014, hurt by lower sales, the company said in its revenue an...
Leu Edges Higher Vs Euro Amid Growing Volumes
Romania’s leu advanced modestly against the euro Thursday to finish the session just shy of 4.47 units, amid growing volumes.