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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Condmag, Inspet To Build RON237.5M Gas Compressor For Romgaz
Energy

Condmag, Inspet To Build RON237.5M Gas Compressor For Romgaz

Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) and peer company Inspet Ploiesti will build together a natural gas compression system for state-run gas company Romgaz Medias, Condma...

Florentina Dragu · 15.07.2013 · 18:49 · 1 min
Bucharest Stocks Close Mostly Higher In Lackluster Trade
Capital Market

Bucharest Stocks Close Mostly Higher In Lackluster Trade

Bucharest stocks closed mostly higher in apathetic trade Monday, with most of the action focused on financial and banking institutions.

Florentina Dragu · 15.07.2013 · 17:28 · 1 min
Leu Closes Flat Vs Euro In Quiet Market
Capital Market

Leu Closes Flat Vs Euro In Quiet Market

Romania’s leu lost its earlier gains versus the euro in late trade Monday and closed roughly flat on the day, amid average volumes.

Florentina Dragu · 15.07.2013 · 16:56 · 1 min
Economist Writes Open Letter Asking IMF Not To Approve A New Deal With Romania
Banks-Insurance

Economist Writes Open Letter Asking IMF Not To Approve A New Deal With Romania

Romanian economist Florin Citu wrote an open letter asking the head of the International Monetary Fund not to approve a new loan agreement with Romania, saying the country’s economy would no...

Florentina Dragu · 15.07.2013 · 16:29 · 2 min
Romania Sells RON300M 6-Month T-Bills At 4.24% Average Yield
Banks-Insurance

Romania Sells RON300M 6-Month T-Bills At 4.24% Average Yield

Romania’s Finance Ministry on Monday sold a planned 300 million lei (EUR67.8 million) of six-month treasury bills, at an average yield of 4.24% a year, slightly higher than at the previous a...

Florentina Dragu · 15.07.2013 · 14:54 · 1 min
Leu In Ranges Vs Euro, Exchange Rate At 4.4232
Capital Market

Leu In Ranges Vs Euro, Exchange Rate At 4.4232

The Romanian leu traded in narrow ranges against the euro by midday Monday and the central bank’s reference weakened marginally to 4.4232 units, from 4.421 units in the previous session.

Florentina Dragu · 15.07.2013 · 13:32 · 1 min
EximBank 1H Pretax Profit Falls 14% To RON30M
Banks-Insurance

EximBank 1H Pretax Profit Falls 14% To RON30M

Romania’s state-run lender EximBank Monday said its pretax profit fell 14% to around 30 million lei (EUR6.78 million) in the first half of the year, from RON35 million in the same period of...

Florentina Dragu · 15.07.2013 · 13:31 · 1 min
BNR Injects RON143M Into Market
Banks-Insurance

BNR Injects RON143M Into Market

Romania's central bank Monday added 142.5 million lei (EUR32.2 million) into the money market via a seven-day repurchasing agreement operation, well below the amount injected last week.

Florentina Dragu · 15.07.2013 · 13:31 · 1 min
APIA: Car Sales Down 19.4% In First Half To 28,968 Units
Automotive

APIA: Car Sales Down 19.4% In First Half To 28,968 Units

Romanian new passenger car sales fell 19.4% on the year to 28,968 units in the January-June period, the Automotive Manufacturers and Importers Association, or APIA, said Monday.

Florentina Dragu · 15.07.2013 · 12:50 · 1 min
Romania FDI Drops 37% To EUR414M In January-May
Macroeconomics

Romania FDI Drops 37% To EUR414M In January-May

Romanian foreign direct investment, or FDI, fell 37% to EUR414 million in the first five months, from RON656 million in the year-ago period, the central bank said Friday.

Florentina Dragu · 12.07.2013 · 12:41 · 1 min
Romania Posts EUR314M Current Account Surplus In January-May
Macroeconomics

Romania Posts EUR314M Current Account Surplus In January-May

Romania's current account balance posted a surplus of EUR314 million in the first five months versus a deficit of EUR2.28 billion in the year-ago period, central bank data showed Friday.

Florentina Dragu · 12.07.2013 · 12:30 · 1 min
Bucharest Stocks Inch Higher In Quiet Morning Trade
Capital Market

Bucharest Stocks Inch Higher In Quiet Morning Trade

Bucharest shares opened slightly higher in an apathetic market Friday, with oil and gas company OMV Petrom (SNP.RO) covering almost half of the scarce liquidity.

Florentina Dragu · 12.07.2013 · 11:18 · 1 min