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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 Sells RON300M 5-Year Bonds At 4.72% Average Yield
Banks-Insurance

Romania Sells RON300M 5-Year Bonds At 4.72% Average Yield

Romania’s Finance Ministry on Monday raised a planned 300 million lei (EUR68.3 million) in the reopening of a five-year bond due November 2018, at an average yield of 4.72% a year, marginall...

Florentina Dragu · 25.07.2013 · 15:02 · 1 min
Romania Plans EUR1B Energy Investment Fund
Energy

Romania Plans EUR1B Energy Investment Fund

The Romanian government plans to set up an investment fund with an initial capital of over EUR1 billion that would include the state’s minority stakes in the companies held by the Economy Mi...

Florentina Dragu · 25.07.2013 · 13:59 · 1 min
Leu’s Exchange Rate Firms To 8-Week High Of 4.3895 Vs Euro
Capital Market

Leu’s Exchange Rate Firms To 8-Week High Of 4.3895 Vs Euro

The Romanian leu appreciated against the euro in the first half of Thursday’s session and the central bank’s reference strengthened 0.3% to 4.3895 units, the highest rate in eight weeks.

Florentina Dragu · 25.07.2013 · 13:41 · 1 min
Nuclearelectrica’s Public Offering Delayed Once Again
Capital Market

Nuclearelectrica’s Public Offering Delayed Once Again

Romania’s Economy Ministry has deferred to the end of August the sale of 10% in state-owned nuclear power producer Nuclearelectrica, an official of the ministry said Thursday.

Florentina Dragu · 25.07.2013 · 13:38 · 1 min
Romania Seeks To Raise EUR600M From Selling 15% In Romgaz
Capital Market

Romania Seeks To Raise EUR600M From Selling 15% In Romgaz

Romania’s Economy Ministry wants to obtain EUR600 million from selling a 15% stake in natural gas producer Romgaz Medias in November and is considering floating the company on both the Bucha...

Florentina Dragu · 25.07.2013 · 13:33 · 1 min
Romania Looking For Adviser To Help With Romtelecom Sale
Media

Romania Looking For Adviser To Help With Romtelecom Sale

Romania is searching for legal advisers to assist with the sale of its remaining holding in hard line telephony operator Romtelecom, the IT&C Ministry said Wednesday.

Florentina Dragu · 24.07.2013 · 19:08 · 1 min
Raiffeisen Bank Romania Raises RON225M In 3-Year Bond Sale
Banks-Insurance

Raiffeisen Bank Romania Raises RON225M In 3-Year Bond Sale

Raiffeisen Bank Romania has raised a planned 225 million lei (EUR51 million) at a three-year bond issue launched Wednesday, at an annual interest rate of 5.5%, the bookrunner on the deal sai...

Florentina Dragu · 24.07.2013 · 17:46 · 1 min
BNR: Follow-up Deal With IMF Should Shelter Romania’s Banks Against Abusive Claims
Banks-Insurance

BNR: Follow-up Deal With IMF Should Shelter Romania’s Banks Against Abusive Claims

Romania’s planned follow-up agreement with the International Monetary Fund should include a series of stipulations regarding the personal insolvency law that would limit bank exposure to dam...

Florentina Dragu · 24.07.2013 · 17:09 · 2 min
Leu Firms Vs Euro On Rising Volumes
Capital Market

Leu Firms Vs Euro On Rising Volumes

The Romanian leu rose against the euro Wednesday and closed the session 0.4% stronger on the day, amid growing volumes.

Florentina Dragu · 24.07.2013 · 17:08 · 1 min
Cosmote Romania Gets EUR225M Syndicated Loan To Finance 4G Investments
Banks-Insurance

Cosmote Romania Gets EUR225M Syndicated Loan To Finance 4G Investments

Cosmote Romania will receive a EUR225 million syndicated loan arranged by the European Bank for Reconstruction and Development to finance the renewal of its licenses and to pay for the spect...

Florentina Dragu · 24.07.2013 · 15:25 · 1 min
Leu’s Exchange Rate Hits 7-Week High Of 4.404 Vs Euro
Capital Market

Leu’s Exchange Rate Hits 7-Week High Of 4.404 Vs Euro

The Romanian leu edged higher against the euro by midday Wednesday and the central bank’s reference strengthened for the fifth straight session to 4.404 units, the highest level in seven wee...

Florentina Dragu · 24.07.2013 · 13:27 · 1 min
Isarescu: Romania Must Stimulate Sustainable Economic Growth
Macroeconomics

Isarescu: Romania Must Stimulate Sustainable Economic Growth

Romania must intensify efforts to stimulate the development of both human and natural resources and ensure sustainable economic growth, central bank governor Mugur Isarescu said Wednesday.

Florentina Dragu · 24.07.2013 · 12:31 · 1 min