24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Erste Writes Down EUR350M Goodwill, Particularly In Romania
Austria's Erste Group Bank AG (EBS.RO) said Tuesday it has written down EUR350 million mainly on goodwill associated with its Romanian unit BCR due to higher capital requirements applied in...
Leu’s Exchange Rate Weakens To 4.4643 Vs Euro
The Romanian leu retreated against the euro in the first half of the trading session Tuesday and the central bank’s reference weakened 0.2% to 4.4643 units, from 4.4537 units a day earlier.
Utility Business Model To Face Radical Transformation By 2030 – PwC Survey
Utility companies in Romania and elsewhere should think about changing their business strategy if they want to stay ahead of their competitors in the renewable energy sector, as decentralize...
Romgaz Seeks Bank Guarantees Of Up To $14M
Romanian natural gas producer Romgaz Medias (SNG.RO) on Tuesday proposed signing a bank facility agreement to open a documentary letter of credit and to issue bank guarantee letters of up to...
Transelectrica Announces 6.1% Yield For 200M 5-Year Bond
Romanian power grid operator Transelectrica (TEL.RO) on Monday announced it has set a final annual yield of 6.1% for its five-year 200 million lei (around EUR45 million) bond launched Decemb...
Leu Ends Flat Vs Euro In Lackluster Trade
The Romanian leu closed flat against the euro in a sleepy session Monday, with trading volume dropping to almost its weakest level this year, according to market participants.
Romania Sells RON1.1B 1-Year Bills; Yield Hits Record Low Of 2.9%
Romania’s Finance Ministry on Monday sold a planned 1.1 billion lei (EUR247 million) in one-year treasury bills, with the average yield dropping to a record low of 2.9%, central bank data sh...
APIA: Romania Car Sales Down 7.2% To 62,033 Units In Jan-Nov
Romanian new passenger car sales fell 7.2% on the year to 62,033 units in the January-November period, from 66,832 units in the year-earlier months, the Automotive Manufacturers and Importer...
Leu Stable Vs Euro, Exchange Rate At 4.4537
The Romanian leu traded in narrow ranges against the euro by midday Monday and the central bank’s reference strengthened slightly to 4.4537 units, from 4.4552 units in the previous session.
Micula Brothers Win Legal Battle Against Romania Over Unpaid Fiscal Incentives
Romanian entrepreneurs Ioan and Viorel Micula, owners of European Food&Drinks group, have won their legal dispute with the Romanian state regarding the cancellation of a series of fiscal inc...
Leu’s Exchange Rate Weakens Slightly To 4.4552 Vs Euro
The Romanian leu edged lower against the euro by midday Friday and the central bank’s reference weakened slightly to 4.4552 units, from 4.4527 units a day earlier.
Romania Raises Just RON13.5M In Non-competitive Bond Auction
Romania’s Finance Ministry on Friday raised just 13.5 million lei (EUR3.03 million) at a supplementary non-competitive tender for its October 2015-dated bond reopened yesterday, amid declini...