24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu’s Exchange Rate Hits 3-Week High Of 4.5085 Vs Euro
The Romanian leu widened its earlier gains versus the euro by midday Thursday and the central bank’s reference firmed to 4.5085 units, the highest rate in three weeks.
CE Oltenia Takes Out EUR193M Syndicated Loan To Upgrade Unit
Romanian state-run energy holding CE Oltenia has taken out a EUR193 million syndicated loan from the European Bank for Reconstruction and Development, BCR, BRD and UniCredit to upgrade an el...
Bucharest Stocks Close 0.6% Lower Ahead Of Fed Decision
Bucharest shares erased their earlier gains to finish Wednesday’s session lower, following the movement in international markets as investors wait to see if the U.S. Federal Reserve further...
Cocor Swings To RON13.8 Pretax Profit In 2013
Shopping center operator Cocor Bucuresti (COCR.RO) on Wednesday said it has swung to a pretax profit of 13.8 million lei (EUR3.1 million) in 2013, versus losses a year earlier, helped by hig...
CE Oltenia Borrows EUR130M From EBRD To Upgrade Production Unit
Romanian state-run energy holding CE Oltenia will take out a EUR130 million loan from the European Bank for Reconstruction and Development to co-finance upgrade works at one of its electrici...
CEZ Invested RON400M In Romanian Electricity Distribution Network In 2013
Romanian power supplier CEZ Distributie, a unit of Czech utility group CEZ, last year invested some 400 million lei (EUR88.5 million) in upgrading its local electricity network infrastructur...
Leu Widens Gains Vs Euro, Exchange Rate At 4.5188
The Romanian leu extended its earlier gains versus the euro by midday Wednesday, mirroring the currencies in the region, and the central bank’s reference strengthened 0.3% to 4.5188 units, f...
Oltchim Extends Deadline To Sell Its Assets To March 28
Romanian insolvent chemical company Oltchim SA (OLT.RO) has extended by two months until March 28 the deadline by which potential buyers can file bids to purchase the company’s assets.
Profi Dismisses Rumors About Potential Deal With Poland’s Biedronka
Romanian discount retailer Profi on Tuesday dismissed rumors about a potential deal with Poland’s largest retail chain Biedronka to sell its local network.
Romania Raises RON30M In Non-competitive Bond Auction
Romania’s Finance Ministry on Tuesday raised 30 million lei (EUR6.62 million) at a supplementary non-competitive tender for its April 2023-dated bond reopened yesterday.
Romania Car Sales Fall For Sixth Straight Year In 2013
Romanian new passenger car sales fell for the sixth consecutive year in 2013, hurt by growing demand for used vehicles and by a decline in the purchasing power, the Automotive Manufacturers...
Bucharest Stocks Close Down, Attuned To Region
Bucharest shares finished Monday’s session lower, tracking European markets, with the bulk of the trading volume covered by financial and energy stocks.