24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Steady Vs Euro In Morning Trade
Romania’s leu traded near 4.5 to the euro during early hours Tuesday, with trading volumes rising slightly amid a quiet market.
Bucharest Stocks Close Lower In Thin Trading
Bucharest shares closed lower in thin volumes Monday as investors continue to take a wait and see approach to emerging markets.
BCR: Ukraine Default To Have Limited Impact On Romania’s Economy
Romania’s economy is unlikely to experience significant difficulties following a potential debt payment default in Ukraine or commercial sanctions on Russia, according to estimates from lend...
Leu’s Exchange Rate Weakens To 4.4996 Vs Euro
The Romanian leu moved in a tight range against the euro by midday Monday and the central bank’s reference weakened slightly to 4.4996 units, from a two-week high of 4.4931 units in the prev...
Romania Sells RON100M 10-Year Bonds At 5.33% Average Yield
Romania’s Finance Ministry on Monday raised a planned 100 million lei (EUR22.2 million) in a reopening of its 10-year bond due April 2023, at an average yield of 5.3% a year, central bank da...
Proprietatea Fund: Hidroelectrica’s IPO Not Possible In 2014
Romanian investment fund Fondul Proprietatea (FP.RO), owner of a minority stake in state-run hydropower company Hidroelectrica, on Friday ruled out a possible listing of the company’s shares...
Leu’s Exchange Rate Firms To 4.4931 Vs Euro
The Romanian leu gained ground against the euro by midday Friday and the central bank’s reference firmed for the third consecutive session to 4.4931 units, from 4.4986 units a day earlier.
Romania Raises RON55.7M In Non-competitive Bond Auction
Romania’s Finance Ministry on Friday raised 55.7 million lei (roughly EUR12.4 million) at a supplementary non-competitive tender for its June 2017-dated bond reopened yesterday.
Proprietatea Fund Proposes No Dividend Payment For 2013
Romanian investment fund Fondul Proprietatea’s (FP.RO) manager on Friday proposed no dividend payment from the 2013 earnings, following the previous approval of a cash distribution of 0.05 l...
Proprietatea Fund May Be Listed In London By End-2014
Franklin Templeton Investment Management, sole manager of Romanian investment fund Fondul Proprietatea (FP.RO), on Friday announced plans for a secondary listing of the fund’s shares on the...
Fitch Affirms Romania At BBB-, With Stable Outlook
Fitch Ratings Friday affirmed Romania's long-term foreign and local currency ratings at 'BBB-' and 'BBB’, respectively, citing the country’s strong economic growth and its resilience to rece...
INS: Average Net Wage Falls 7.7% In January
Romanian average net salary fell 7.7% to 1,625 lei (EUR361.2) in January, from RON1,760 a month earlier, when monthly income was largely supplemented by one-time bonuses, the statistics inst...