Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Analysts: Romania’s Central Bank Likely To Cut Key Rate To 3% Tuesday
Romania’s central bank may cut its monetary policy rate by 0.25 percentage points to 3% at the upcoming meeting on September 30, while the minimum reserve requirements may be kept unchanged,...
Press Review - September 29, 2014
Rosneft, Exxon Mobil Discover Vast Oil Reserves In Arctic Ocean Region Russia’s state-run Rosneft and U.S.-based energy company Exxon Mobil have discovered a vast pool of oil in the Kara Sea...
Labor, Administration, Defense Ministries To Get Extra Money At Second Budget Revision
The Ministries of Labor, Public Administration, Defense, Justice, Interior and Foreign Affairs will get extra money at the second budget revision, while funds will be cut from Health, Agricu...
Stratum Energy To Invest $150M In Gas Extraction In Romania
U.S.-based company Stratum Energy will invest next year over $150 million in Romania, after it had discovered natural gas reserves in Bacau county, northeastern Romania, energy minister Razv...
Romania Jobless Rate Slightly Up To 5.12% In August
Romania's unemployment rate inched slightly up to 5.12% in August, from 5.09% a month earlier, data from the country’s employment agency ANOFM showed Friday.
Bucharest Stocks Close Down, OMV Petrom Boosts Traded Value
The Bucharest stock market closed lower Friay, while a deal with OMV Petrom (SNP.RO) covered 60% of the traded value, worth 43.11 million lei (EUR9.79 million).
Leu Edges Slightly Lower Vs Euro On Increasing Volumes
Romania’s leu closed slightly lower against the euro Friday, at 4.406 per euro, from 4.401 per euro Thursday, after traded volumes increased in the second part of the day.
Grain Processing Would Bring Value Added To The Economy – Brewers
Romanian economy would benefit from value added if agriculture focused more on grain processing, Constantin Bratu, general manager of Romanian Brewers Association, stated Friday.
Leu Steady Vs Euro, Exchange Rate At 4.4018
The Romanian leu traded slightly above 4.4 to the euro in the first half of the session Friday and the central bank set the official exchange rate at 4.4018 units, up 0.02% from 4.4026 units...
Romania Could End 2014 With Trade Surplus For Agri-Food Products
Romania could end 2014 with a positive trade balance for agri-food products after it registered a trade surplus in this sector last year as well, agriculture minister Daniel Constantin told...
Romania’s Budget Deficit Slightly Up To 0.24% Of GDP In August
Romania’s government deficit slightly rose to 0.24% of the gross domestic product after the first eight months, from 0.2% of GDP at the end of July, as budget spending continued its downward...
Bucharest Stocks Close Higher On Low Traded Value
The Bucharest stock market closed up Thursday, supported by energy stocks, Fondul Proprietatea (FP.RO) and Banca Transilvania (TLV.RO), amid traded value worth 15.93 million lei (EUR3.61 mil...