Banks-Insurance
EBRD Invests EUR16M To Upgrade Water Supply Network In C Romania
The European Bank for Reconstruction and Development on Wednesday said it has extended a EUR15.9 million loan to Aquaserv S.A. water utility company to improve water services in Mures and Ha...
CSSPP: Romanian Private Pension Funds' Net Assets Up 3.6% In March, To RON7.75B
The net assets of Romania’s mandatory private pension funds (Pillar II) and voluntary pension funds (Pillar III) amounted to 7.75 billion lei (EUR1.7 billion) at the end of March, up 3.62% o...
Leu Down Vs Euro, Exchange Rate At 4.3778
Romania’s leu edged lower against the euro by midday Wednesday and the central bank’s reference retreated to 4.3778 units, from 4.3746 units a day earlier.
Contributors To Mandatory Pension Fund BCR Exceeded 400,000 End-March
Romanian mandatory private pension fund BCR registered over 400,000 contributors at the end of March, according to data released by private pension system regulator CSSPP.
Leu Stays In Ranges Vs Euro, In Quiet Market
The Romanian leu stayed around 4.375 to the euro in early trade Wednesday, in a quiet market with low volumes transferred.
Romania Wants A New EUR1B Loan From World Bank
Romania wants a new safety net from the World Bank – a EUR1 billion line of credit that would allow the Finance Ministry to cover financing needs if turmoil intensifies on the financial mark...
Prospectiuni OKs Taking EUR14.2M Loans
Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) Tuesday approved taking out loans of up to EUR14.2 million to finance investments and purchase drilling equipment, the compan...
Chimcomplex Seeks EUR4.5M State Guarantee As Loan Collateral
Romanian chemical company Chimcomplex Borzesti (CHOB.RO) is seeking a EUR4.48 million guarantee from state-run lender EximBank to use as collateral on a EUR5.6 million loan to finance invest...
Leu Weakens Marginally Vs Euro In Quiet Market
Romania’s leu retreated modestly against the euro in a sleepy session Tuesday, amid reduced volumes.