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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 In Ranges Vs Euro, Exchange Rate At 4.4403
Capital Market

Leu In Ranges Vs Euro, Exchange Rate At 4.4403

The Romanian leu traded in narrow ranges against the euro by midday Friday and the central bank’s reference advanced modestly to 4.4403 units, from 4.442 units a day earlier.

Florentina Dragu · 05.07.2013 · 13:27 · 1 min
Leu Dips Vs Euro In Early Trade
Capital Market

Leu Dips Vs Euro In Early Trade

The Romanian leu retreated slightly against the euro in early action Friday, amid weak liquidity.

Florentina Dragu · 05.07.2013 · 10:41 · 1 min
Industrial Sales Fall 1% On Month In May
Macroeconomics

Industrial Sales Fall 1% On Month In May

Romanian industrial sales fell 1% in May from a month earlier, on declining demand in all sectors, the country’s statistics institute INS said Friday.

Florentina Dragu · 05.07.2013 · 10:00 · 1 min
INS: Industrial New Orders Down 7% On Month In May
Macroeconomics

INS: Industrial New Orders Down 7% On Month In May

Romanian industrial new orders declined 7% on the month in May, hurt by falling demand in all sectors, the statistics institute INS said Friday.

Florentina Dragu · 05.07.2013 · 10:00 · 1 min
Romania Average Net Wage Slides 3% In May
Macroeconomics

Romania Average Net Wage Slides 3% In May

Romanian average net salary fell 3% to 1,611 lei (EUR362.7) in May, from RON1,661 a month earlier, the statistics institute INS said Friday.

Florentina Dragu · 05.07.2013 · 10:00 · 1 min
INS: Romania January-May Power Output Down 7.1% On Year
Macroeconomics

INS: Romania January-May Power Output Down 7.1% On Year

Romanian energy output fell 7.1% on the year to 8.92 million tons of oil equivalent in the January-May period, hurt by falling production in the thermal sector, official data showed Friday.

Florentina Dragu · 05.07.2013 · 10:00 · 1 min
Leu Closes Up Vs Euro, In Line With Neighbors
Capital Market

Leu Closes Up Vs Euro, In Line With Neighbors

The Romanian leu extended its earlier advance against the euro in late trade Thursday, tracking the currencies in the region, and closed at 4/4325/4.4345 to the euro, stronger from 4.451/4.4...

Florentina Dragu · 04.07.2013 · 17:24 · 1 min
Serbia’s NIS Plans Seismic Survey At Romanian Tria Block
Energy

Serbia’s NIS Plans Seismic Survey At Romanian Tria Block

Serbian oil company NIS on Thursday said it has commissioned Hungary’s Acoustic Geophysical Services (AGS) to conduct seismic surveys at the Tria concession block in western Romania.

Florentina Dragu · 04.07.2013 · 16:39 · 1 min
Ponta: Romania, IMF To Start Negotiations On New Loan Program
Macroeconomics

Ponta: Romania, IMF To Start Negotiations On New Loan Program

Romania will start this month negotiations with the International Monetary Fund with a view to secure a new precautionary loan arrangement, following the successful completion of a EUR3.6 bi...

Florentina Dragu · 04.07.2013 · 15:43 · 1 min
Leu’s Exchange Rate Gains 0.2% To 4.442 Vs Euro
Capital Market

Leu’s Exchange Rate Gains 0.2% To 4.442 Vs Euro

The Romanian leu held on to its earlier gains versus the euro during the first half of the session Thursday and the central bank’s reference rate strengthened 0.2% to 4.442 units, from 4.451...

Florentina Dragu · 04.07.2013 · 13:19 · 1 min
Transelectrica Secures RON35M Revolving Loan To Finance Activity
Energy

Transelectrica Secures RON35M Revolving Loan To Finance Activity

Romanian state-run power grid operator Transelectrica (TEL.RO) has secured a revolving loan of up to 35 million lei (EUR7.86 million) from ING Bank to finance operations, the energy company...

Florentina Dragu · 04.07.2013 · 11:16 · 1 min
Leu Opens Higher Vs Euro In Thin Trade
Capital Market

Leu Opens Higher Vs Euro In Thin Trade

The Romanian leu opened higher against the euro Thursday and moved in a narrow range during early trading hours, amid a quiet market.

Florentina Dragu · 04.07.2013 · 10:57 · 1 min