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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Romania Pledges Action To Rein In Deficit, Increase Revenue
Macroeconomics

Romania Pledges Action To Rein In Deficit, Increase Revenue

The Romanian government has pledged to take additional measures to keep the country’s budget deficit below 2.3% of the gross domestic product this year following lower-than-estimated revenue...

Florentina Dragu · 18.09.2013 · 15:37 · 1 min
Fitch Rates Romania's EUR1.5B 2020 Eurobond 'BBB-'
Macroeconomics

Fitch Rates Romania's EUR1.5B 2020 Eurobond 'BBB-'

Fitch Ratings Tuesday assigned Romania's EUR1.5 billion euro-denominated bond, due September 18, 2020, a 'BBB-' rating, the agency said in a statement.

Florentina Dragu · 18.09.2013 · 14:24 · 1 min
IMF To Discuss Extending New Loan To Romania September 27
Macroeconomics

IMF To Discuss Extending New Loan To Romania September 27

The executive board of the International Monetary Fund will discuss Romania’s request for a EUR2 billion two-year loan facility on September 27, according to the Board’s calendar.

Florentina Dragu · 18.09.2013 · 14:07 · 1 min
Leu’s Exchange Rate Slightly Stronger At 4.4751 Vs Euro
Capital Market

Leu’s Exchange Rate Slightly Stronger At 4.4751 Vs Euro

The Romanian leu advanced modestly against the euro by midday Wednesday and the central bank set a slightly stronger reference rate of the leu of 4.4751 units, from 4.476 units a day earlier...

Florentina Dragu · 18.09.2013 · 13:43 · 1 min
Prospectiuni Invested RON81M In Business Expansion In January-August
Energy

Prospectiuni Invested RON81M In Business Expansion In January-August

Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) has invested 80.5 million lei (EUR18 million) to expand its business capabilities in the first eight months of 2013, chief ex...

Florentina Dragu · 18.09.2013 · 13:42 · 1 min
Romania’s Financial Watchdog Investigates SIF Banat-Crisana Share Dealing
Capital Market

Romania’s Financial Watchdog Investigates SIF Banat-Crisana Share Dealing

Romania’s Financial Supervisory Authority, or ASF, has launched an investigation into several market deals with shares of regional investment fund SIF Banat-Crisana (SIF1.RO) due to the high...

Florentina Dragu · 17.09.2013 · 17:44 · 1 min
Leu Falls Vs Euro In Quiet Market
Capital Market

Leu Falls Vs Euro In Quiet Market

Romania’s leu weakened beyond 4.48 to the euro during late trading hours Tuesday and finished the session about 0.55% lower on the day, amid average volumes.

Florentina Dragu · 17.09.2013 · 17:09 · 1 min
EBRD Lends EUR122.5M To Faurecia For Investments In Romania, 3 Other Countries
Automotive

EBRD Lends EUR122.5M To Faurecia For Investments In Romania, 3 Other Countries

The European Bank for Reconstruction and Development will extend a EUR122.5 million financing line to French-based car parts producer Faurecia to fund investments in four countries, includin...

Florentina Dragu · 17.09.2013 · 14:15 · 1 min
PwC: No Need For Modified Royalty Rates On Hydrocarbon Production In Romania
Energy

PwC: No Need For Modified Royalty Rates On Hydrocarbon Production In Romania

The taxation system for hydrocarbon production in Romania is adequate and requires no amendments, consultancy and tax audit firm PricewaterhouseCoopers (PwC) Romania said Tuesday.

Florentina Dragu · 17.09.2013 · 14:12 · 1 min
Leu Slides Vs Euro, Exchange Rate At 4.476
Capital Market

Leu Slides Vs Euro, Exchange Rate At 4.476

The Romanian leu retreated against the euro in mid-trade Tuesday and the central bank’s reference weakened to 4.476 to the euro, erasing most of yesterday’s gains.

Florentina Dragu · 17.09.2013 · 13:30 · 1 min
Leu Ends Higher Vs Euro On Positive Sentiment
Capital Market

Leu Ends Higher Vs Euro On Positive Sentiment

Romania’s leu strengthened modestly against the euro in a quiet session Monday, in line with a positive sentiment in the region.

Florentina Dragu · 16.09.2013 · 17:45 · 1 min
Bucharest Stock Exchange To Set Up Marketing Division By Year-end
Capital Market

Bucharest Stock Exchange To Set Up Marketing Division By Year-end

The Bucharest Stock Exchange will to set up a marketing division by the end of 2013 to draw in new investors and brokers, the bourse’s chief executive Ludwik Sobolewski said.

Florentina Dragu · 16.09.2013 · 17:45 · 1 min