24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Bucharest Stocks Close Down In Thin Trading
The Bucharest stocks closed lower Wednesday, ending a three-day rally, amid reduced appetite from investors.
Termoelectrica To Auction Borzesti Power Plant At RON97M Starting Price
Romanian state-run energy company Termoelectrica plans to sell its Borzesti thermal power plant at an outcry auction due August 20, the company’s liquidator said Wednesday.
Leu Ends Flat Vs Euro On Growing Volumes
The Romanian leu recovered its earlier losses against the euro in late trading Wednesday to finish the session flat at 4.44 units, amid growing volumes.
Romania 2014 Final Electricity Consumption Seen Down 8.3% To 46 TWh
Romanian final electricity consumption is expected to fall 8.3% on the year to around 45.9 terawatt hours in 2014, according to a government document drafted by the Economy Ministry.
Isarescu Says BNR Ready To Narrow Gap Between Monetary Policy, Interbank Rates
The Romanian central bank is ready to further narrow the gap between interbank rates and the monetary policy rate so that banks feel comfortable enough to resume lending, even if the move mi...
Leu’s Exchange Rate Drops To 2-Week Low Of 4.4455 Vs Euro
The Romanian leu fell against the euro by midday Wednesday and the central bank’s reference weakened roughly 0.5% to 4.4455 units, the lowest rate since July 21.
UniCredit Tiriac Bank 1H Net Profit Falls To RON121.3M
Romania’s UniCredit Tiriac Bank on Wednesday said its net profit fell 42% to 121.33 million lei (EUR27.4 million) in the first half, from roughly RON209.6 million a year earlier.
Libra Internet Bank 1H Profit Rises Fivefold To RON8.5M
Romanian lender Libra Internet Bank Wednesday said its net profit rose fivefold on the year to 8.5 million lei (EUR1.92 million) in the first half of 2014, helped by lower costs.
Bucharest Stocks Close Higher In Quiet Market
The Bucharest stocks closed higher for the third consecutive session Tuesday, amid a quiet market, with very low traded values.
Leu Weakens Vs Euro In Late Trading, Closes At 4.439
Romania’s leu lost its earlier gains against the euro in late trade Tuesday, and finished the session at 4.439 units, slightly weaker from 4.4362 units a day earlier.
UniCredit Tiriac Bank Buys RBS Romania’s Corporate Business
UniCredit Tiriac Bank has reached an agreement with Royal Bank of Scotland Romania to acquire the latter’s corporate business, pending regulatory authorizations, the two lenders said in a jo...
Leu’s Exchange Rate Firms To 4.425 Vs Euro
The Romanian leu traded below 4.43 per euro in the first half of the trading session Tuesday and the central bank’s reference gained 0.2% to 4.425 units, from 4.4336 units a day earlier.