Romanian Leu Falls Vs Euro In Quiet Market
Romania’s leu weakened against the euro amid a quiet market Wednesday and closed 0.35% lower on the day, despite a positive sentiment in the region after the International Monetary
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Romania’s leu weakened against the euro amid a quiet market Wednesday and closed 0.35% lower on the day, despite a positive sentiment in the region after the International Monetary
Romania’s leu weakened slightly against the euro amid a quiet session Friday, closing at 4.3465/4.3485 units, from 4.345/4.346 units a day earlier.
Romanian economy grew at an annualized rate of 2.5% in 2011, mostly fueled by higher exports and a good farming harvest, President Traian Basescu estimated Thursday.
Romanian state-run airline Tarom has narrowed its losses by 24.2% to 252.18 million lei (EUR58.1 million) in 2011, from RON332.5 million a year earlier.
Romanian milling and bakery company Titan (MPN.RO) estimates its sales will drop by roughly 5% to 331.6 million lei (EUR76.4 million) in the financial year to end in September, from
Romanian IT and electronics retailer Flanco posted a 40% increase in its sales to around EUR19.5 million in December and estimates full-year sales have reached EUR110 million, 38% higher
Romania’s national roads authority CNADNR on Monday signed a 161.03 million lei (about EUR27.4 million) contract with Romanian-Italian consortium CCCF Drumuri si Poduri Timisoara -
Romania’s leu traded in ranges against the euro in late session Friday and closed slightly weaker on the day, after a lackluster day.
Romania’s leu weakened slightly against the euro Thursday and closed at 4.356/4.357 units, amid a quiet market and low volumes.
Swiss fertilizer and grains trader Ameropa Holding concluded “a series of agreements” with the Turkish investors owning Azomures (AZO.RO), to buy the Romanian fertilizer maker.