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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Leu Ends Higher Vs Euro, Attuned To Region
Capital Market

Leu Ends Higher Vs Euro, Attuned To Region

Romania’s leu strengthened against the euro Tuesday, tracking the currencies in the region, and finished today’s session 0.3% higher at 4.441/4.444 to the euro.

Florentina Dragu · 20.08.2013 · 17:09 · 1 min
BCR Considers Selling RON378.5M Accounts Receivable On Silver Mountain Project
Banks-Insurance

BCR Considers Selling RON378.5M Accounts Receivable On Silver Mountain Project

Romania’s largest bank BCR Tuesday announced plans to auction 378.5 million lei (EUR85 million) of accounts receivable on the Silver Mountain real estate project in the central county of Bra...

Florentina Dragu · 20.08.2013 · 16:11 · 1 min
Romania Raises RON45M In Non-competitive Bond Auction
Banks-Insurance

Romania Raises RON45M In Non-competitive Bond Auction

Romania’s Finance Ministry on Tuesday raised 45 million lei (EUR10.1 million) at a supplementary non-competitive tender for its August 2016-dated bond reopened yesterday.

Florentina Dragu · 20.08.2013 · 13:39 · 1 min
Leu Up Vs Euro, Exchange Rate At 4.45
Capital Market

Leu Up Vs Euro, Exchange Rate At 4.45

The Romanian leu edged higher against the euro by midday Tuesday and the central bank’s reference strengthened slightly to 4.45 units, from a seven-week low of 4.4537 units a day earlier.

Florentina Dragu · 20.08.2013 · 13:30 · 1 min
Romania June Construction Output Falls At Fastest Pace In EU
Real Estate

Romania June Construction Output Falls At Fastest Pace In EU

Romanian adjusted construction output fell 2.4% on the month in June, the largest decreased in the European Union, official data showed Tuesday.

Florentina Dragu · 20.08.2013 · 13:27 · 1 min
Transgaz, OMV Lend EUR7.5M To Nabucco International
Energy

Transgaz, OMV Lend EUR7.5M To Nabucco International

Romanian state-run natural gas transporter Transgaz Medias (TGN.RO) and Austria’s oil and gas company OMV will provide a loan of up to EUR7.5 million to Nabucco Gas Pipeline International so...

Florentina Dragu · 20.08.2013 · 12:14 · 1 min
Bucharest Stocks Close Higher On Energy, Financial Gains
Capital Market

Bucharest Stocks Close Higher On Energy, Financial Gains

The Bucharest exchange closed slightly higher Monday, with energy and financial stocks drawing most of the attention.

Florentina Dragu · 19.08.2013 · 17:38 · 1 min
Leu Ends Down Vs Euro, In Line With Neighbors
Capital Market

Leu Ends Down Vs Euro, In Line With Neighbors

Romania’s leu weakened slightly against the euro in a sleepy session Monday, attuned to the markets in the region.

Florentina Dragu · 19.08.2013 · 17:06 · 1 min
SIF Transilvania Ranks As Most Profitable SIF In January-July
Capital Market

SIF Transilvania Ranks As Most Profitable SIF In January-July

SIF Transilvania (SIF3.RO) held its position as the most profitable Romanian investment fund after the first seven months of 2013, with a net profit of 160 million lei (EUR35.9 million), wel...

Florentina Dragu · 19.08.2013 · 16:59 · 1 min
Romania July Unemployment Rate Rises To 5.29%
Social/Politics

Romania July Unemployment Rate Rises To 5.29%

Romania's unemployment rate rose to 5.29% in July, from 4.96% a month earlier, the country’s employment agency ANOFM said Monday.

Florentina Dragu · 19.08.2013 · 16:40 · 1 min
Romania Sells RON500M 3-Year Bonds At 4.28% Average Yield
Banks-Insurance

Romania Sells RON500M 3-Year Bonds At 4.28% Average Yield

Romania’s Finance Ministry on Monday raised a planned 500 million lei (EUR112.2 million) in the reopening of a three-year bond due August 2016, at an average yield of 4.28% a year, lower tha...

Florentina Dragu · 19.08.2013 · 14:46 · 1 min
Leu’s Exchange Rate Falls To 7-Week Low Of 4.4537 Vs Euro
Capital Market

Leu’s Exchange Rate Falls To 7-Week Low Of 4.4537 Vs Euro

The Romanian leu retreated against the euro by midday Monday and the central bank’s reference weakened to 4.4537 units, the lowest rate in seven weeks.

Florentina Dragu · 19.08.2013 · 13:41 · 1 min