24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romgaz Proposes 7.15% Lower Dividend For 2013
Romanian state-run natural gas producer Romgaz Medias (SNG.RO) on Wednesday recommended paying out a gross dividend of 2.57 lei (EUR0.574) a share for 2013, down 7.15% from a year earlier.
Romania Sells RON500M 1-Year T-Bills; Yield Rises To 2.88%
Romania’s Finance Ministry Thursday sold a planned 500 million lei (EUR111.7 million) in one-year treasury bills, at an average yield of 2.88% a year, higher than at the previous auction.
NPL Ratio To Drop After Accounting Changes, BNR's Olteanu Says
Non-performing loans in Romania should fall below 17% of total once banks will be allowed to include state treasuries in their portfolios, central bank deputy governor Bogdan Olteanu said Th...
EDP Renovaveis Gets EUR20M EBRD Loan For 50MW Solar Parks In Romania
The European Bank for Reconstruction and Development will extend a EUR20 million loan to Portuguese renewable energy company EDP Renovaveis for construction works and operation of six solar...
BNR Deputy Gov: Rates On Leu-Denominated Loans To Further Decline
Interest rates on leu-denominated loans are expected to continue their decline in the coming months, provided the economic fundamentals remain unchanged, Romanian central bank’s deputy gover...
Leu Ends 7-Day Winning Streak Vs Euro; Exchange Rate Dips To 4.4749
The Romanian leu partly recovered against the euro by midday Thursday, but the central bank’s reference weakened 0.2% to 4.4749 units, ending a seven-day winning streak.
IMF Approves EUR436.3M Disbursement To Romania
The International Monetary Fund has completed the first two reviews of Romania’s economic performance under a two-year precautionary loan agreement, enabling the disbursement of an additiona...
OMV Petrom Consolidates Support Services Into New Center
Romania’s leading oil and gas company OMV Petrom (SNP.RO) will transfer part of its support services to a newly established service center which will provide support services to both Petrom...
Leu Dips Vs Euro On Forex Demand
Romania’s leu retreated against the euro in late trade Wednesday, amid increased demand for foreign currency, and finished the session slightly weaker at 4.472/4.475 per euro.
Romania-Bulgaria Gas Pipeline Completed In June - Minister
The natural gas pipeline linking Romania to neighboring Bulgaria will likely be operational in June, one year later than initially expected, Bulgaria’s Energy Minister Dragomir Stoynev said...
BNR Has Doubts Over Proposed Cap On Credit, Debit Card Fees
The Romanian central bank is doubting that capping interchange fees for card payments will translate into lower shelf prices of consumer goods, considering the population’s increased appetit...
Bankers: Cutting Interchange Fees To Hinder Investment In Banking Infrastructure
Romania’s planned reduction of interbank fees will hurt some of the largest financiers in the local economy and will likely hinder investment in the banking infrastructure, the head of the R...