The national currency appreciated on Monday by comparison to euro, which was calculated by the BNR at 4.9490 lei, dropping by 0.01 bani against the previous quotation, of 4.9491 lei.On the other hand, the leu lost ground to the American dollar which was 4.5714 lei up by 7.30 bani (+1.62%) as compared to Friday when it was 4.4984 lei.The national currency lost against the Swiss Franc, calculated by BNR at 4.9399 lei, up by 4.20 bani (0.85%) against 4.8979 lei, the previous quotation.The gold gram got more expensive on Monday by 12.47 lei (4.43%) up to the value of 293.9846 lei, from 281.5126 lei in the previous session.On the international markets, the European currencies dropped on Monday morning at new minimum as the war in Ukraine goes on, which determines the traders to sell a part of the assets in liquidity, says Bloomberg.On the markets in Asia, the euro got to parity with the Swiss Franc, for the first time after January 2015, due to the worries of the investors with regard to the invasion of Ukraine by Russia. Similarly, the Polish zlot reached a historic minimum by comparison to the euro. Over the last week, all currencies in Eastern Europe depreciated by comparison to the dollar, the first being the Russian rouble.No European currency escaped the trend for selling over the last month. The euro, the second most traded currency at world level, depreciated with almost 5%.
Sebastian Burduja, adviser to prime minister Ilie Bolojan and former minister of energy, warned of the security impact of the sale of major dairy Napolact to a group owned by a businessman close to the Hungarian prime minister Viktor Orban, according to
Romania could face energy poverty or even blackouts if coal-fired power plants are shut down before new gas-fired facilities at Iernut and Mintia are completed, energy minister Bogdan Ivan said in an interview with Digi24 on September...
Premier Energy (BVB: PE) has signed an agreement to acquire a 51% controlling stake in Iberdrola Renovables Magyarország, the Hungarian subsidiary of Spain’s Iberdrola. The company owns five operational wind farms with a combined installed capacity of 158 MW, commissioned between 2008 and 2010 in northwestern Hungary, one of Central Europe’s strongest wind regions. The […]
Prime minister Ilie Bolojan set up a committee to follow the pre-insolvency procedures at steelmaker Liberty Galati and its pipemaker subsidiary, Liberty Tubular Products Galati, controlled by billionaire Sanjev Gupta, and protect the rights of the tax collection agency ANAF and Exim Banca Romaneasca as the largest creditors,
Grampet Group, active in railway transportation, through its newly established subsidiary Biturom, has opened the largest bitumen melting capacity in Romania, according to Economica.net. The new facility, designed to deliver liquid bitumen for road construction projects in Romania and the Republic of Moldova, was opened on the industrial platform Rafo Onesti. ...
Romania plans to issue Samurai bonds and contract loans from multilateral banks such as EBRD or EIB to finance other green projects, finance minister Alexandru Nazare said at the CES ESG Conference 2025 in Bucharest on September 18. The country has already issued almost RON 10.8 billion (EUR 2 billion) in green bonds, allocated to […]
