24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Fitch Sees Romania Funding Needs At EUR13.2B In 2014
Romania’s gross borrowing requirement is estimated at EUR13.2 billion in 2014, equal to 8.9% of the gross domestic product, a report from Fitch Ratings showed Monday.
Romania Plans Auction For 1,000 MW Hydro Project In February
Romania will likely select in February a partner for the construction of its planned 1,000-megawatt hydropower plant in Tarnita-Lapustesti, Minister-delegate for Energy Constantin Nita said...
Romania Sells RON500M 10-Year Bonds At 5.32% Average Yield
Romania’s Finance Ministry on Monday raised a planned 500 million lei (EUR110.1 million) in a reopening of its 10-year bond due April 2023, at an average yield of 5.32% a year, slightly high...
Raiffeisen Capital&Investment, Morgan Stanley To Broker Hidroelectrica’s IPO
Romanian state-run hydropower generator Hidroelectrica selected a consortium comprising local brokerage Raiffeisen Capital&Investment and US lender Morgan Stanley to assist with its planned...
Leu’s Exchange Rate Hits 2-Week Low Of 4.54 Vs Euro
The Romanian leu retreated modestly against the euro by midday Monday and the central bank’s reference weakened 0.3% to 4.54 units, the lowest rate in two weeks.
Nuclearelectrica Sues Romanian Energy Watchdog Over Electricity Tariffs
Romania’s nuclear power producer Nuclearelectrica (SNN.RO) has lodged a legal complaint against the energy watchdog ANRE for forcing the company to sell electricity to households at regulate...
Leu Shrugs Off Earlier Decline To Close Almost Flat At 4.53 Vs Euro
The Romanian leu weakened to 4.55 against the euro in the second half of Friday’s session, amid a negative sentiment in the region, but recovered shortly after to finish the day near 4.53 pe...
Romanians Who Make Cash Offers On Cars, Homes Risk A 20% Fine
The Romanian government may forbid cash transactions for purchasing cars, homes and land, regardless of their value, and plans to introduce fines of up to 20% of the deal’s value for both th...
BCR Swings To Net Profit Of RON370M In 2013 - Sources
Romanian leading bank BCR, a unit of Austria’s Erste Group Bank AG (EBS.RO), reported a net profit of around 370 million lei (EUR81.7 million) in 2013, sources at the bank said Friday.
Uzuc Ploiesti Seeks EUR5M Loan To Purchase Paper Maker Somes Dej
Romanian industrial equipment manufacturer Uzuc Ploiesti (UZC.RO) plans to take out a EUR5 million loan to purchase the operating assets of paper maker Somes Dej (SMS.RO), Uzuc said Friday.
Leu’s Exchange Rate Flat At 4.528 Vs Euro
The Romanian leu continued to hover near 4.53 to the euro for the tenth consecutive session Friday and the central bank’s reference set a reference rate of 4.528 per euro, virtually unchange...
Romania, Turkey Consider Building Underwater Electric Cable
Romania and Turkey on Friday re-launched the idea of building an underwater electric cable between the two countries, saying the current level of electricity prices and the available technol...