Banks-Insurance
Leu Slides Vs Euro, Exchange Rate At 4.298
The Romanian leu fell against the euro in the first part of Thursday session, following the regional trend, and the central bank set the the reference rate at 4.298 units, 0.25% weaker on th...
Electrica Seeks EUR70M Loan For Wind Farm
Romanian state-owned electricity supplier Electrica plans to take out a loan worth up to EUR70 million, for the construction of a wind farm in eastern Romania.
Leu Ends Stronger Vs Euro, After Lackluster Session
The Romanian leu maintained the ground gained against the euro in late session Wednesday, on low traded volumes.
Romanian ELCEN Seeks Loan For Raw Materials
Romanian thermal power producer Electrocentrale Bucuresti (ELCEN) on Wednesday said it plans to take out a 5-year loan worth between 150 and 300 million lei (EUR35-70 million) to buy raw mat...
Insurers Need 1m Clients, Premiums Of EUR250M To Join Social Health Insurance System
To join the Romanian social health insurance system, private insurers must be authorized by the Insurance Supervision Commission, must have signed up at least one million clients, with premi...
BNR: Romania Overdue Loans Up 2.8% In November To RON21.9B
Romanian overdue private loans rose 2.8% on the month to 21.9 billion lei (EUR5.1 billion) in November, equal to 9.7% of the total lending, central bank data showed Wednesday.
Seven Bidders Interested In Building 250 MW Vimetco Power Plant In SE Romania
Dutch-registered Vimetco, the owner of Romanian aluminium maker Alro Slatina (ALR.RO), Wednesday said it has received seven offers from companies interested in constructing a 250 MW power pl...
Leu Strengthens Vs Euro, Exchange Rate At 4.2875
The Romanian leu gained further versus the euro mid-session Wednesday, and the central bank set the leu’s reference at 4.2875 units, the strongest in three months.
Leu Dips Vs Euro, In Quiet Market
The leu weakened a bit against the euro Wednesday, on low traded volumes, while other currencies in the region were also showing minor oscillation.