24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Nuclearelectrica Mulls Selling RON374M Worth Of Electricity
Romanian power grid operator Nuclearelectrica (SNN.RO) plans to sell 2.3 terawatt hours of electricity on the local energy exchange OPCOM in a bid to raise 373.77 million lei (EUR80 million)...
Hidroelectrica Looking To Sell RON103M Worth Of Electricity
Romanian insolvent energy producer Hidroelectrica plans to sell electricity worth 102.84 million lei (EUR23 million) on the local power exchange OPCOM next week, only days after cancelling a...
BRD Expects Return To Profit In 2014 After Two Years Of Losses
Romania’s second-largest bank BRD-Groupe Societe Generale (BRD.RO) expects it will return to profit in 2014 after two consecutive years of losses, helped by a “normalization” of risk costs.
Leu’s Exchange Rate Dips To 4.5097 Vs Euro
The Romanian leu traded near 4.51 to the euro in the first half of the trading session Friday and the central bank set a reference rate for the local currency of 4.5097 units, slightly weake...
Leu Edges Higher Vs Euro In Calm Session
Romania’s leu edged higher against the euro in a quiet market Thursday, amid low volumes.
Romanian Wind Industry Under Attack By Government, Says RWEA
The Romanian Wind Energy Association, or RWEA, on Thursday accused the government of “brutally attacking” local wind power producers, saying the latest amendments to the renewable energy law...
Leu’s Exchange Rate Strengthens Slightly To 4.5069 Vs Euro
The Romanian leu held on to its earlier gains against the euro by midday Thursday and the central bank set the leu’s reference to 4.5069 units, slightly stronger on the day.
BNR Suspends Voting Rights Of Two Shareholders In Banca Carpatica
Romania’s central bank has suspended the voting rights of two large shareholders in commercial lender Banca Comerciala Carpatica (BCC.RO), saying the stockholders no longer meet the “good re...
Ernst&Young: Romania M&A Market Up 39% To $1.1B In 2013
Romania’s mergers and acquisitions market rose 39% on the year to $1.09 billion in 2013, largely fueled by two deals in the banking segment, a survey from Ernst&Young showed Thursday.
Biofarm Mulls 10% Share Buyback
Romanian pharmaceuticals company Biofarm (BIO.RO) plans to launch a buyback program for up to 10% of its shares, the company said in a call to its shareholders Thursday.
Leu Pushes Higher Vs Euro In Early Action
Romania’s leu advanced modestly against the euro during early trading hours Thursday, amid low volumes.
Bucharest Stocks Close Down For Fourth Day On Negative Sentiment
Bucharest shares closed down for the fourth consecutive session Wednesday, tracking international markets which fell amid persistent concern over tensions between Russia and Ukraine and down...