S&P Downgrades Romanian Transgaz To 'BB+'; Outlook Stable
) to 'BB+' from 'BBB-', following a similar action on Romania's sovereign ratings.
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) to 'BB+' from 'BBB-', following a similar action on Romania's sovereign ratings.
Romania’s leu strengthened modestly against the euro Thursday, tracking the currencies in the region, as investors are cautiously optimistic after the European Central Bank announced
Lenders Alpha Bank and Raiffeisen Bank Romania extended two credit facilities worth 25 million lei (EUR5.76 million) and EUR18 million respectively, contracted by bread maker and miller
The Romanian Government reversed its decision to cancel the auction selecting a broker for the sale of a 20% stake in airline Tarom, after the rejected sole bidder updated its offer
în România și R.
The Romanian leu opened Wednesday on a strengthening trend against the euro, but traded volumes remained low.
Romanian poultry farm Ave Impex on Wednesday said it will invest EUR6 million in an incubation station and a feed plant, which should start activity in spring next year.
The PIC hypermarket in southern Romanian city Craiova was relaunched Thursday under the Succes brand, after Succes Nic rented two stores from bankrupt PIC, PIC's court-appointed administrator
Romania’s leu traded in tight ranges against the euro by midday Thursday and the central bank’s reference weakened modestly to 4.3422 units, from 4.3415 units a day earlier.
Romania’s leu traded near 4.34 per euro by midday Wednesday and the central bank’s reference strengthened almost 0.2% to 4.3415 units, from 4.3497 units a day earlier.