Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Leu Up Vs Euro, Exchange Rate At 4.4177
The Romanian leu gained ground versus the euro by midday Thursday and the central bank set the leu’s reference rate versus the euro at 4.4177 units, up 0.26% from 4.429 the previous day.
PwC Romania Names New Country Managing Partner As Of July 1
Ionut Simion will become the new country managing partner of PwC Romania as of July 1, replacing Vasile Iuga, who will be named PwC cluster leader for Southeastern Europe.
Bucharest Stocks Close In Red, Dragged Down By OMV Petrom, Banca Transilvania, BRD
The Bucharest stock market closed lower Wednesday, dragged down by OMV Petrom (SNP.RO), Banca Transilvania (TLV.RO) and BRD - Groupe Societe Generale (BRD.RO), amid traded value worth RON22....
Leu Closes Higher Vs Euro On Average Volumes
Romania’s leu closed higher versus the euro Wednesday, at 4.4241 per euro, from 4.437 per euro the previous day, amid average volumes.
Romanian Government To Legislate Gratuity
Romanian government passed an emergency ordinance on gratuity Wednesday, which will come into effect after being published in the Official Gazette.
Raiffeisen Banca pentru Locuinte Profit Up 4% To RON1.7M In 2014
Romanian housing bank Raiffeisen Banca pentru Locuinte (RBL) reported a net profit of over RON1.7 million in 2014, up 4% on the year, while the number of clients rose 10% to 217,000, the ban...
Leu Up Vs Euro, Exchange Rate At 4.429
The Romanian leu gained ground versus the euro by midday Wednesday and the central bank set the leu’s reference rate versus the euro at 4.429 units, up 0.49% from 4.4508 the previous day.
TBI Bank To Switch To Profit In 2015
TBI Bank, the local unit of TBI Bank EAD Sofia, operated by TBIF Financial Services group, estimates it will switch to profit this year, after RON1.9 million loss in 2014, the bank said in a...
Demand For Residential Constructions Land Surged In Last 12 Months
The demand for plots of land for residential constructions in Romanian main cities, including Bucharest, has grown significantly in the last 12 months, while in Iasi city, it rose 183%, acco...
OMV Petrom Mulls Refinancing EUR930M Loan Contracted In 2011
Romanian oil and natural gas company OMV Petrom (SNP.RO) has started talks with local and international banks to refinance a credit line worth EUR930 million, contracted back in 2011, the co...
Bucharest Stocks Close Flat, Fondul Proprietatea Up 1.6%
The Bucharest stock market closed flat Tuesday, amid traded value worth RON46.62 million (EUR10.47 million), over half covered by trades with Fondul Proprietatea (FP.RO), whose shares rose 1...
European Commission OKs EUR38M Rescue Aid For CE Hunedoara
The European Commission has approved a rescue aid worth approximately EUR38 million for energy holding CE Hunedoara, owned by the Romanian Energy Ministry, EC said in a statement Tuesday.