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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Volksbank Romania 8-Month Loans Rise 51% On Year
Banks-Insurance

Volksbank Romania 8-Month Loans Rise 51% On Year

Volksbank Romania, the local unit of Austria’s Volksbank AG, Monday reported a 51% increase in its new loans to over EUR83 million in the first eight months of 2013.

Florentina Dragu · 02.09.2013 · 15:07 · 1 min
Romania Forex Reserves Fall To EUR32.2B In August
Macroeconomics

Romania Forex Reserves Fall To EUR32.2B In August

Romanian foreign exchange reserves fell to EUR32.17 billion in August, from EUR33.35 billion a month earlier, central bank data showed Monday.

Florentina Dragu · 02.09.2013 · 13:36 · 1 min
Leu Widens Gains Vs Euro, Exchange Rate At 4.4221
Capital Market

Leu Widens Gains Vs Euro, Exchange Rate At 4.4221

The Romanian leu extended earlier gains versus the euro by midday Monday and the central bank’s reference strengthened 0.3% to 4.4221 units, from 4.4367 units in the previous session.

Florentina Dragu · 02.09.2013 · 13:23 · 1 min
EBRD Considers EUR65M Loan To Draexlmaier
Automotive

EBRD Considers EUR65M Loan To Draexlmaier

The European Bank for Reconstruction and Development is considering providing a senior loan of up to EUR65 million to the German automotive supplier Draexlmaier Group to increase production...

Florentina Dragu · 02.09.2013 · 13:18 · 1 min
Garanti Romania 1H Net Profit More Than Doubles To EUR19.8M
Banks-Insurance

Garanti Romania 1H Net Profit More Than Doubles To EUR19.8M

Garanti Group Romania, a subsidiary of Turkey’s second largest bank Garanti Bankasi, Monday said its consolidated net profit more than doubled on the year to EUR19.8 million in the first hal...

Florentina Dragu · 02.09.2013 · 13:11 · 1 min
Leu Ends Slightly Up Vs Euro After Lackluster Session
Capital Market

Leu Ends Slightly Up Vs Euro After Lackluster Session

Romania’s leu strengthened slightly against the euro in an apathetic session Friday and closed at 4.43/4.432 units, from 4.4395/4.441 units a day earlier.

Florentina Dragu · 30.08.2013 · 17:09 · 1 min
GDF Suez Energy Romania 1H Net Profit Rises 36% To RON353M
Energy

GDF Suez Energy Romania 1H Net Profit Rises 36% To RON353M

GDF Suez Energy Romania, a unit of French-Belgian utility GDF Suez, Friday said its net profit rose 35.6% to 352.5 million lei (EUR79.45 million) in the first half, helped by lower purchase...

Florentina Dragu · 30.08.2013 · 17:08 · 1 min
Electroarges Plans To Buy Back Up To 10% Of Its Stock
Capital Market

Electroarges Plans To Buy Back Up To 10% Of Its Stock

Romanian home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) plans to launch a buyback program for up to 10% of its shares, the company said in a call to its shareholders Frid...

Florentina Dragu · 30.08.2013 · 14:51 · 1 min
EU Survey: Romania Economic Sentiment Steady On The Month In August
Macroeconomics

EU Survey: Romania Economic Sentiment Steady On The Month In August

Economic sentiment in Romania was roughly stable on the month in August, held back by weakening consumer confidence and declining expectations in the retail sector, a survey from the Europea...

Florentina Dragu · 30.08.2013 · 13:57 · 1 min
Altur Slatina Mulls Share Buyback
Capital Market

Altur Slatina Mulls Share Buyback

Romanian car parts maker Altur Slatina (ALT.RO) Friday recommended buying back up to 10% of its shares over a period of 12 months with a view to distributing them to the company’s employees...

Florentina Dragu · 30.08.2013 · 13:38 · 1 min
Leu Edges Up Vs Euro, Exchange Rate At 4.4367
Capital Market

Leu Edges Up Vs Euro, Exchange Rate At 4.4367

The Romanian leu edged higher against the euro by midday Friday and the central bank’s reference strengthened 0.2% to 4.4367 units, from 4.4466 units a day earlier.

Florentina Dragu · 30.08.2013 · 13:34 · 1 min
Ford Romania To Halt Production For A Week In September
Automotive

Ford Romania To Halt Production For A Week In September

Ford Romania will suspend production at its Craiova plant for seven days in September because of weak demand, the company said in a statement Friday.

Florentina Dragu · 30.08.2013 · 11:24 · 1 min