Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023

24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Ductil 9-Month Net Profit Rises To RON6.6M
Capital Market

Ductil 9-Month Net Profit Rises To RON6.6M

Romanian industrial wires producer Ductil Buzau (DUCL.RO) Wednesday reported a net profit of 6.6 million lei (EUR1.48 million) in the first nine months, up from RON5 million in the year-earl...

Florentina Dragu · 20.11.2013 · 19:21 · 1 min
Leu Closes Slightly Up Vs Euro Amid Growing Volumes
Capital Market

Leu Closes Slightly Up Vs Euro Amid Growing Volumes

Romania’s leu strengthened modestly against the euro Wednesday and closed just above 4.44 units, amid slightly rising volumes.

Florentina Dragu · 20.11.2013 · 16:59 · 1 min
EBRD: Romania Needs To Step Up Efforts To Address NPLs, Corruption
Banks-Insurance

EBRD: Romania Needs To Step Up Efforts To Address NPLs, Corruption

Increasing predictability for investors in the renewables sector and addressing the high level of non-performing loans in the banking system should be among Romania’s priorities in 2014, the...

Florentina Dragu · 20.11.2013 · 16:47 · 2 min
TenarisSilcotub Opens New Finishing Line In Zalau
Energy

TenarisSilcotub Opens New Finishing Line In Zalau

Romanian steel pipes manufacturer TenarisSilcotub Wednesday said it has inaugurated a new finishing line for oil&gas equipment, part of a larger $62 million investment in its plant in Zalau.

Florentina Dragu · 20.11.2013 · 15:52 · 1 min
Leu’s Exchange Rate Gains Slightly To 4.4449 Vs Euro
Capital Market

Leu’s Exchange Rate Gains Slightly To 4.4449 Vs Euro

The Romanian leu edged higher against the euro by midday Wednesday and the central bank’s reference advanced slightly to 4.4449 units, from 4.4456 units in the previous session.

Florentina Dragu · 20.11.2013 · 13:18 · 1 min
Lear Corporation To Open New Seating Plant In Iasi
Automotive

Lear Corporation To Open New Seating Plant In Iasi

US car parts manufacturer Lear Corporation will open in January a new seating plant in the Romanian northeastern city of Iasi, the company said in a statement Tuesday.

Florentina Dragu · 19.11.2013 · 17:11 · 1 min
Leu Closes Flat Vs Euro In Apathetic Market
Capital Market

Leu Closes Flat Vs Euro In Apathetic Market

Romania’s leu closed flat against the euro in a lackluster session Tuesday, amid reduced investor appetite.

Florentina Dragu · 19.11.2013 · 17:10 · 1 min
Moody’s Assigns Ba1 Rating To Alba Iulia City, With Negative Outlook
Banks-Insurance

Moody’s Assigns Ba1 Rating To Alba Iulia City, With Negative Outlook

Moody's Investors Service on Monday assigned a Ba1 issuer rating to the Romanian municipality of Alba Iulia, with negative outlook, citing the city’s prudent budgetary management, but also i...

Florentina Dragu · 19.11.2013 · 13:35 · 1 min
Leu’s Exchange Rate Modestly Up At 4.4456 Vs Euro
Capital Market

Leu’s Exchange Rate Modestly Up At 4.4456 Vs Euro

The Romanian leu was stable against the euro by midday Tuesday and the central bank’s reference advanced modestly to 4.4456 units, from 4.4462 units a day earlier.

Florentina Dragu · 19.11.2013 · 13:23 · 1 min
Banca Transilvania To Buy Back One Million Of Own Shares
Capital Market

Banca Transilvania To Buy Back One Million Of Own Shares

Romanian lender Banca Transilvania (TLV.RO) plans to repurchase 0.04% of its shares, as part of a three-year buyback program aimed to motivate employees, the bank said in a statement Monday.

Florentina Dragu · 18.11.2013 · 17:44 · 1 min
BCR's Spurny: Government Should Take Steps To Boost Growth At 5% Or Lose Voter Support
Macroeconomics

BCR's Spurny: Government Should Take Steps To Boost Growth At 5% Or Lose Voter Support

Romania has a low indebtedness level and a high potential for economic growth and any government that cannot create conditions for a growth rate of at least 5% a year should not benefit from...

Florentina Dragu · 18.11.2013 · 17:40 · 1 min
Leu Edges Up Vs Euro In Quiet Trading
Capital Market

Leu Edges Up Vs Euro In Quiet Trading

Romania’s leu edged higher against the euro in a quiet market Monday and finished the session just below 4.45 units, amid thin volumes.

Florentina Dragu · 18.11.2013 · 16:47 · 1 min