Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Leu Stable Vs Euro, Exchange Rate At 4.4157
The Romanian leu was steady versus the euro by midday Friday and the central bank set the leu’s reference rate versus the euro at 4.4157 units, from 4.4159 the previous day.
Dacia Registrations In Germany Drop 6.6% In 1Q
New registrations of Dacia cars in Germany declined 6.6% on the year in January-March, to 10,672 units, while the German car market rose 6.4%, according to data released Thursday.
Bucharest Stocks Close Higher, Banca Transilvania Up 4%
The Bucharest stock market closed higher Thursday, amid traded value worth RON28.63 million (EUR6.48 million), while the shares of Banca Transilvania (TLV.RO) rose 4%.
Electrica Ceases Negotiations With Proprietatea Fund Over Acquisition Of Minority Stakes In Its Units
Romanian state-run power distributor Electrica (EL.RO) on Thursday said negotiations with investment fund Fondul Proprietatea (FP.RO) for the acquisition of the fund’s minority stakes in sev...
SIF Moldova Shareholders OK Payment Of RON52.2M As Dividends From 2014 Profit
Shareholders of Romanian regional investment fund SIF Moldova (SIF2.RO) on Thursday approved the management’s proposal on the payment of RON52.5 million as dividends from last year's profit...
Liebrecht & wooD Invests EUR600,000 In Remodeling Part Of Fashion House Outlet Centre
Belgian developer Liebrecht & wooD has refurbished one of the three units of Fashion House outlet in retail park West Park, Bucharest, following EUR600,000 investments, the company said Thur...
Leu Slightly Down Vs Euro, Exchange Rate At 4.4159
The Romanian leu slightly lost ground versus the euro by midday Thursday and the central bank set the leu’s reference rate versus the euro at 4.4159 units, down 0.05% from 4.4137 the previou...
Bucharest Stocks Close Flat, Banca Transilvania Boosts Traded Value
The Bucharest stock market closed flat Wednesday, amid traded value worth RON55.25 million (EUR12.51 million), out of which RON24.66 million represented trades with Banca Transilvania (TLV.R...
Cris Tim Sales Up 24% In 1Q On Black Market Contraction
Cris Tim, one of the largest producers in the Romanian food industry, reported 24% higher sales in the first quarter, double compared with estimations, due to the contracting of the black ma...
Leu Closes Slightly Down Vs Euro On Average Volumes
Romania’s leu closed slightly lower versus the euro Wednesday, at 4.414 per euro, from 4.412 per euro the previous day, amid average volumes.
Electromagnetica Exported 23% Of Output In 2014, Mulls Higher Exports This Year
Romanian electric and electronic equipment maker Electromagnetica Bucuresti (ELMA.RO) exported last year products totaling RON20 million (EUR4.5 million), accounting for 23% of its output, a...
Leu Slightly Down Vs Euro, Exchange Rate At 4.4137
The Romanian leu slightly fell versus the euro by midday Wednesday and the central bank set the leu’s reference rate versus the euro at 4.4137 units, down 0.09% from 4.4098 the previous day,...