Romania Transelectrica Has Maxed Out Its Credit Card
Romanian state-run power grid operator Transelectrica (TEL.RO) has maxed out its capacity to borrow money from banks and is looking for alternative resources to finance its planned
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Romanian state-run power grid operator Transelectrica (TEL.RO) has maxed out its capacity to borrow money from banks and is looking for alternative resources to finance its planned
The NEPI portfolio includes retail, office and industrial property in Romania and Germany.
The liquidity gap in the Romanian banking system has widened significantly in December, with lenders borrowing on average 4.1 billion lei (EUR0.94 billion) a day from the central bank
New York-based hedge fund Elliott Associates L.P., a unit of Elliott Management Corp, together with sister company Beresford, own an aggregate 12.91% in Romanian investment fund Fondul
Romanian power output rose 1.7% on the year to 21.47 million tons of oil equivalent in the first 11 months of 2011, fueled by higher production in most sectors, official data showed
Romania’s leu edged lower against the euro Wednesday morning and traded above 4.36 per euro amid low volumes.
Romanian government Wednesday approved the legal framework that will allow the central bank to create a bridge bank to manage and insulate financially troubled lenders.
Romanian government Wednesday approved the legal framework that will allow the central bank to create a bridge bank to manage and insulate financially troubled lenders.
President Traian Basescu on Thursday said that one of Romania’s priorities is energy security, adding gas projects Nabucco and AGRI remain prime objectives.
The level of spam messages in Romania dropped 82% in 2011 and the level of spam worldwide originated from Romania stood at 2.56%, according to an annual security report by Cisco.