24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu’s Exchange Rate Strengthens Slightly To 4.5123 Vs Euro
The Romanian leu advanced modestly against the euro by midday Wednesday and the central bank’s reference strengthened to 4.5123 units, from 4.5196 units a day earlier.
Daimler’s Sales Units In Romania Merged Under Mercedes-Benz Umbrella
Germany’s Daimler AG merged two vehicle sales units in Romania to streamline activity and improve resource usage, the company said in a statement Wednesday.
Leu Recovers Vs Euro In Late Trade, Closes Flat At 4.512
Romania’s leu recovered its earlier loss against the euro in late trade Tuesday to finish the session just below 4.515 units, amid a positive sentiment in the region after Russia ended a mil...
Romania Financial Authority Temporarily Cuts Trading Fees
Romania’s Financial Supervisory Authority, or ASF, will temporarily lower a series of fees levied on stock market transactions, including a 0.5% commission on state-launched public offerings...
IFC Lends RON112M To Romanian Timisoara To Support Municipal Infrastructure
The International Finance Corporation, the lending arm of the World Bank, has extended a 112 million lei (approximately EUR25 million) loan to the Romanian municipality of Timisoara to suppo...
Proprietatea Fund To Announce New Cross-Listing Plans Friday - Sources
Franklin Templeton Investment Management, sole manager of Romanian investment fund Fondul Proprietatea (FP.RO), will likely announce Friday its new strategy for cross-listing the fund’s shar...
Leu Stable Vs Euro, Exchange Rate At 4.5196
The Romanian leu moved in narrow ranges against the euro by midday Tuesday and the central bank’s reference weakened slightly to 4.5196 units, from 4.5169 units a day earlier.
Romania Raises RON39M In Non-competitive Bond Auction
Romania’s Finance Ministry on Tuesday raised 39 million lei (roughly EUR8.63 million) at a supplementary non-competitive tender for its January 2016-dated bond reopened yesterday.
NEPI Shareholders To Opt Between Dividend, Return Of Capital From 2H/13 Profit
South-African property investment fund New Europe Property Investments, or NEPI (NEP.RO), Tuesday informed its shareholders they may choose between receiving new shares in the fund worth a t...
Leu Slides Vs Euro On Falling Volumes
Romania’s leu retreated slightly against the euro Monday, tracking the currencies in the region, and finished the session 0.3% weaker, amid declining volumes.
Romania Sells RON400M 4-Year Bonds; Yield Falls To 3.87%
Romania’s Finance Ministry on Monday raised a planned 400 million lei (EUR88.5 million) in a reopening of its four-year bond due January 2016, with the average yield falling to 3.87% a year,...
Romania February Forex Reserves Fall To EUR31.6B
Romanian foreign exchange reserves fell to EUR31.65 billion in February, from EUR32.91 billion a month earlier, central bank data showed Monday.