24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Edges Up Vs Euro In Thin Trading
Romania’s leu gained a modest 0.16% versus the euro after a calm session Thursday, amid low volumes.
Hidroelectrica Mulls Selling RON70M Worth Of Electricity
Romania’s insolvent energy producer Hidroelectrica plans to sell around 441,500 megawatt-hours of electricity on the local energy exchange OPCOM in a bid to raise 70.14 million lei (EUR15.58...
Terapia Ranbaxy To Pay RON205M Dividend From 2011-2013 Profits
Romania’s largest generic drug maker Terapia Ranbaxy, the local unit of Indian pharmaceuticals group Ranbaxy Laboratories, will pay out its shareholders a total dividend of 205 million lei (...
Romania Sells RON700M In 10-Year Bond Reopening At 4.25% Average Yield
Romania’s Finance Ministry on Thursday raised a planned 700 million lei (EUR155.6 million) in a reopening of its 10-year bond due June 2017, at an average yield of 4.25% a year, slightly hig...
Leu Up Vs Euro, Exchange Rate At 4.4986
The Romanian leu rose against the euro by midday Thursday and the central bank’s reference strengthened 0.3% to 4.4986 units, from 4.5123 units a day earlier.
Cosmote Romania Revenues Rise To EUR123M In 4Q/2013
Mobile telephony operator Cosmote Romania, a unit of Greek telecom company OTE, posted an 8.1% annual increase in its fourth-quarter revenues to EUR122.9 million, reflecting higher sales on...
Romtelecom 4Q Sales Rise 8.8% To EUR162.7M
Romanian telecom operator Romtelecom’s fourth quarter revenue rose 8.8% on the year to EUR162.7 million, fueled by strong performance in the ICT and wholesale segments, the parent company, G...
SIF Muntenia Shareholders To Choose Between 2013 Dividend, Boosting Fund’s Reserves
SAI Muntenia Invest, manager of Romanian investment fund SIF Muntenia, on Wednesday proposed the fund’s shareholders choose between receiving dividend payment of 111.3 million lei (EUR24.66)...
Leu Inches Higher Vs Euro In Quiet Market
Romania’s leu appreciated slightly against the euro Wednesday to finish the session 0.16% higher on the day, amid average trading volume.
CE Oltenia Gets No Bids At Electricity Auction
Romanian state-run energy holding CE Oltenia Wednesday failed to sell a planned 518,200 megawatt-hours of electricity on the local energy exchange OPCOM due to lack of offers.
CFR Calatori Seeks RON100M Loan To Refinance Debt
Romanian state-run passenger rail carrier CFR Calatori plans to borrow 100 million lei (EUR22.1 million) to refinance older debt, the company said Wednesday.
EU Fines Romania Power Exchange EUR1M For Discriminating Against Foreign Traders
The European Commission on Wednesday imposed a fine of just over EUR1 million on Romanian power exchange OPCOM for discriminating against foreign electricity traders for a period of five yea...