24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Capital Economics: Romania Is In A Secure Place Financially
Romania seems to be in a “relatively secure” financial and economic place, but tighter global monetary conditions could eventually eat into capital inflows to the country, according to estim...
Proprietatea Fund Completes 2nd Share Buyback Program
Romanian investment fund Fondul Proprietatea (FP.RO) on Thursday said it has completed a second share repurchase program under which it bought back 8.2% of its paid share capital in exchange...
Nita: Romania To Reassess Cernavoda Nuke Project
Romania wants to reassess its project for the construction of two new reactors at the Cernavoda power plant following talks with potential investors from China, Energy Minister Constantin Ni...
Bucharest Stocks Close Slightly Lower
Bucharest stocks closed slightly lower Wednesday, with blue-chip issuers Fondul Proprietatea (FP.RO), Transgaz (TGN.RO) and BRD-Societe Generale (BRD.RO) fueling over 70% of today’s liquidit...
Leu Closes Down Vs Euro, Unlike Neighbors
Romania’s leu fell further against the euro in late trade Wednesday and closed lower on the day, contrary to the evolution in neighboring markets.
Italy’s Thesan Invests EUR13M In 6 Solar Projects In Romania
Italy’s Thesan, a unit of Savio group, on Wednesday said it has invested over EUR13 million in six photovoltaic projects in Romania with a total capacity of 9 megawatts.
Leu’s Exchange Rate Hits 3-Month Low Of 4.4749 Vs Euro
The Romanian leu slipped against the euro in the first half of the trading session Wednesday and the central bank’s reference weakened for the second consecutive day to 4.4749 units, the low...
Electrica To Split Into Two Companies Ahead Of Privatization
Romanian state-owned electricity distributor SC Electrica SA will split up into two companies ahead of a planned privatization process, according to a draft government decision.
Fitch Sees Gloomy Outlook For Romanian Banks In 2014
Bank asset quality in Romania will likely worsen further in the first half of 2014 as additional impairment provisions are expected to put pressure on regulatory capital, according to Fitch...
Transelectrica Closes Bond Offer Early Amid Strong Demand
Romanian power grid operator Transelectrica (TEL.RO) on Tuesday said its five-year 200 million lei (EUR44.8 million) bond was closed one day ahead of schedule, after the offer was oversubscr...
Leu Slides Vs Euro On Growing Forex Demand
Romania’s leu extended its earlier losses against the euro in late trade Tuesday to finished the session above 4.47 to the euro, amid increased demand for the foreign currency from commercia...
Small Brokerages Could Be Forced To Hold More Capital After Harinvest Case
Small brokerage houses may be forced to hold more capital to prevent a repeat of the Harinvest situation, after the latter couldn’t repay investors following fraudulent transactions, the hea...