November 30, 2007 / 7:19 AM / 12 years ago

Romania - Factors to Watch on November 30

BUCHAREST, Nov 30 (Reuters) - Here are news stories, press reports and events to watch which may affect Romanian financial markets on Friday.

GDP DATA

The National Statistics Board is expected to release third quarter gross domestic product data. Embargo set for 10 a.m. (0800 GMT)

ROMANIAN LEU EXTENDS GAINS TO 10-DAY HIGH VS EURO

Romania’s leu extended this week’s gains to reach a 10-day high against the euro on Thursday, following an improved regional mood triggered by revived expectations of an interest rate cut in the United States, dealers said.

[ID:nL29244466]

ROMPETROL BUILDS BLACK SEA MARINE CRUDE TERMINAL

Romania’s second largest oil company, The Rompetrol Group NV (TRG), is building a 14-million-tonnes per year crude terminal in the Black Sea, it said on Thursday.

[ID:nL29643214]

CEMENT MARKET

Carpatcement Holding, a local unit of Germany’s HeidelbergCement (HEIG.DE), estimates that in 2008 the cement market will exceed one billion euros. The cement output by the end of 2007 could reach 10.5 million tonnes.

Ziarul Financiar, Page 1

MORGAN STANLEY DEAL

Romania’s capital market watchdog approved the takeover of brokerage house HTI Valori Mobiliare by Morgan Stanley.

Ziarul Financiar, page 1

NOTE - For a diary of forthcoming Romanian events, double click [RO/DIARY], and a calendar of east European economic indicators, see [CONV/DIARY].

For other related news, double click on: ———————————————————————————————- Romania Market Debt [RO-DBT] Romanian forex [RO-FRX] Romania Market Report [ROL/] Romanian money [RO-M] Emerging Market Debt [EMRG/DBT] Emerging forex [EMRG/FRX] All Emerging Markets news [EMRG] CEE indicators [CONV/DIARY] All East Europe News [EEU] E.Europe equities [.CEE] TOP NEWS — Emerging markets [TOP/EMRG] TOP NEWS — Convergence watch [TOP/EAST] Romanian indicators [RO/ECI] Main page of Reuters poll <RO/POLL1> ———————————————————————————————-

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