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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
No Bids Received For CE Hunedoara’s Micro Hydropower Plant Project
Energy

No Bids Received For CE Hunedoara’s Micro Hydropower Plant Project

Romanian state-run energy holding CE Hunedoara was unable to find an investor for its planned 7 MW micro hydropower plant by the September 11 deadline as none of the interested companies was...

Florentina Dragu · 24.09.2013 · 17:15 · 1 min
EIB Lends EUR100M To Romania’s BRD To Finance SMEs, Mid-caps
Banks-Insurance

EIB Lends EUR100M To Romania’s BRD To Finance SMEs, Mid-caps

The European Investment Bank has extended a EUR100 million credit line to Romanian lender BRD Groupe Societe Generale (BRD.RO) for on-lending to SMEs and mid-cap companies, the two banks sai...

Florentina Dragu · 24.09.2013 · 16:37 · 1 min
Romania Raises RON70M In Non-competitive Bond Auction
Banks-Insurance

Romania Raises RON70M In Non-competitive Bond Auction

Romania’s Finance Ministry on Tuesday raised a planned 70 million lei (EUR15.6 million) at a supplementary non-competitive tender for its November 2018-dated bond reopened yesterday.

Florentina Dragu · 24.09.2013 · 14:53 · 1 min
Leu’s Exchange Rate Strengthens To 4.4684 Vs Euro
Capital Market

Leu’s Exchange Rate Strengthens To 4.4684 Vs Euro

The Romanian leu remained stable against the euro by midday Tuesday and the central bank’s reference strengthened slightly to 4.4684 units, from 4.4712 units a day earlier.

Florentina Dragu · 24.09.2013 · 13:24 · 1 min
Borza: Romania Has Surplus Electricity, Stop Building New Units
Energy

Borza: Romania Has Surplus Electricity, Stop Building New Units

Romanian power companies should channel their investment into upgrading existing production facilities instead of building new ones, because the country already produces surplus electricity,...

Florentina Dragu · 24.09.2013 · 12:14 · 1 min
Romania Private Lending Inches Up To RON222B In August
Banks-Insurance

Romania Private Lending Inches Up To RON222B In August

Romanian private lending edged up 0.4% in real terms to 221.9 billion lei (EUR49.62 billion) in August, from RON221.4 billion a month earlier, central bank data showed Tuesday.

Florentina Dragu · 24.09.2013 · 11:39 · 1 min
Bucharest Stocks Open Higher; Eyes On Energy, Financials
Capital Market

Bucharest Stocks Open Higher; Eyes On Energy, Financials

The Bucharest shares edged higher in early action Tuesday, with energy and financial stock drawing most of investors’ attention.

Florentina Dragu · 24.09.2013 · 11:11 · 1 min
Leu Stable Vs Euro In Quiet Morning Trade
Capital Market

Leu Stable Vs Euro In Quiet Morning Trade

Romania’s leu moved in a tight range against the euro in a quiet market Tuesday morning, amid low volumes.

Florentina Dragu · 24.09.2013 · 10:33 · 1 min
Bucharest Stocks Close Higher; Carpatica Continues To Rise
Capital Market

Bucharest Stocks Close Higher; Carpatica Continues To Rise

The Bucharest exchange closed higher Monday, with the shares of local lender Banca Comerciala Carpatica (BCC.RO) reaching at a two-year high amid speculative trading.

Florentina Dragu · 23.09.2013 · 17:10 · 1 min
Romania Sells RON700M 5-Year Bonds At 4.56% Average Yield
Banks-Insurance

Romania Sells RON700M 5-Year Bonds At 4.56% Average Yield

Romania’s Finance Ministry on Monday raised a planned 700 million lei (EUR156.5 million) in the reopening of a five-year bond due November 2018, at an average yield of 4.56% a year, slightly...

Florentina Dragu · 23.09.2013 · 14:45 · 1 min
Transgaz OKs Loan To Nabucco International
Energy

Transgaz OKs Loan To Nabucco International

Romanian state-run natural gas transporter Transgaz Medias (TGN.RO) on Monday approved extending a loan of up to EUR3.75 million to Nabucco Gas Pipeline International so that the latter does...

Florentina Dragu · 23.09.2013 · 14:16 · 1 min
Leu’s Exchange Rate Weakens To 4.4712 Vs Euro
Capital Market

Leu’s Exchange Rate Weakens To 4.4712 Vs Euro

The Romanian leu fell against the euro in the first half of Monday’s session and the central bank set a reference rate for the leu of 4.4712 units, 0.3% lower on the day.

Florentina Dragu · 23.09.2013 · 13:19 · 1 min