24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
SIF Banat-Crisana 2013 Revenue Falls 11% To RON142M
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Monday said its revenues declined 10.7% to 142.1 million lei (EUR32.1 million) in 2013, from RON159.1 million a year earlier.
Leu Stable Vs Euro In Early Trading
Romania’s leu showed little movement against the euro during early trading hours Monday and hovered just below 4.49 to the euro, amid a quiet market.
Oltchim 2013 Loss Halves To RON285M
Romanian insolvent chemical producer Oltchim Ramnicu Valcea (OLT.RO) on Monday said its loss halved on the year to 285.1 million lei (EUR63.6 million) in 2013, on lower costs.
Gas Producers Could Be Forced To Sell Up To 30% Of Output On Commodities Market
Romanian producers and distributors of natural gas could be forced by law to sell on the local commodities market 20% to 30% of the volumes produced or proposed for distribution, minister de...
Transelectrica, Transgaz Placed Under Government Secretariat’s Authority
Romania’s government approved an emergency ordinance placing the state-run companies Transelectrica (TEL.RO) and Transgaz (TGN.RO) under the authority of the government’s General Secretariat...
Romania Sets 2019 As New Euro Adoption Deadline
Romania’s government expects the country will meet this year all the Maastricht criteria to converge to the euro area and set the year 2019 as a self-imposed deadline for the euro adoption.
Lukoil To Build 9 MW Solar Park In Romania
Lukoil Energy&Gas Romania, a unit of Russia’s second-largest oil group Lukoil, plans to build a 9 MW photovoltaic park near its Petrotel refinery in the southern city of Ploiesti, people fam...
Leu’s Exchange Rate Strengthens To 4.4815 Vs Euro
The Romanian leu held on to its earlier gains versus the euro by midday Friday, amid improved investor sentiment following strong GDP data for last year, and the central bank’s reference str...
Erste: 2013 GDP Performance Above Expectations, But Consumption Stalls
Romania’s strong economic performance in 2013 reflects excellent contributions from agriculture and exports, but domestic consumption remains subdued, a note from Austrian Erste Group Bank A...
Romania 4Q GDP Expands At Fastest Pace In EU
The Romanian economy grew at the fastest pace in the European Union in the fourth quarter of 2013 compared with the previous three months, official data showed Friday.
Alumil 2013 Sales Rise 4% To RON71M
Romanian aluminum processor Alumil Rom Industry (ALU.RO) friday said its sales rose 4% to 71.3 million lei (EUR15.9 million) in 2013, from RON68.5 million a year earlier.
Leu Firms Vs Euro In Early Trade On Upbeat GDP Data
The Romanian leu strengthened against the euro during early trading hours Friday following better-than-expected economic data which showed the gross domestic product grew at an annual rate o...