Romanian Leu Gains Vs Euro In Early Trade
Romania’s leu opened higher against the euro Monday, mirroring neighboring markets amid yet renewed hope that the European leaders can find common ground in their fight to contain the
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cele mai relevante primeleRomanian Power Company Oltenia Gets The Go-Ahead
Romanian Economy Ministry Tuesday approved the merger of mining company Societatea Nationala a Lignitului Oltenia (SNLO) and energy producers Turceni, Craiova and Rovinari into a single
Romanian Leu Strengthens Vs Euro In Early Trade
The Romanian leu opened slightly weaker against the euro on Thursday, but it soon recovered and started gaining ground against the European coin as a hedge fund started buying lei,
Romanian Hydropower Output Slumps Due To Prolonged Drought
A prolonged drought in Romania for the last six months has lowered the output of state-run hydropower generator Hidroelectrica to 6.6% of the country’s total production, from around
Romanian BRD Reshuffles Management. New CEO In Blockstart
The delegate general manager of Romanian lender BRD-Groupe Societe Generale (BRD.RO), Sorin Popa, will be promoted on January 2 to Paris headquarters, tasked with the commercial development
Romanian Leu Up Vs Euro In Early Trade
Romania’s leu edged higher against the euro Monday morning and traded below 4.34 units amid low volumes.
Romanian Insurance Regulator Approves Ardaf, Generali Asigurari Merger
Romanian insurance regulator CSA approved on November 22 the transfer of insurer Generali Asigurari’ policy portfolio to insurer Ardaf, and the merger of the two companies.
Moody’s Puts Romanian BRD On Review For Downgrade
Moody's Investors Service placed under review for downgrade the ratings of Romanian bank BRD-Groupe Societe Generale (BRD.RO), following the recent downgrade of French parent bank's
Romanian Authorities Suspend Hidroelectrica Auction Over Complaint Surge
Romanian authorities decided to suspend an auction held by hydropower producer Hidroelectrica, for a computer system in a contract worth an estmated 47.4 million lei (some EUR10 million
Romanian Banca Transilvania To Buy Back 0.67% Stake
Romanian lender Banca Transilvania (TLV.RO) plans to buy back 0.67% of its shares in the first half of 2012, for an estimated 10.32 million lei (EUR2.4 million), under an employee loyalty