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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 1Q Tourist Arrivals Up 8.2% On Year
Social/Politics

Romania 1Q Tourist Arrivals Up 8.2% On Year

Tourist arrivals in Romania rose 8.2% in the first quarter from the year-earlier period, while overnight accommodations were up 6.3% on the year, the statistics institute INS said Tuesday.

Florentina Dragu · 30.04.2013 · 10:00 · 1 min
Romania Jobless Rate Unchanged At 6.7% In March
Social/Politics

Romania Jobless Rate Unchanged At 6.7% In March

Romania's unemployment rate held steady at 6.7% in March, unchanged from the previous month, seasonally adjusted data from the statistics institute INS showed Tuesday.

Florentina Dragu · 30.04.2013 · 10:00 · 1 min
TRW Automotive Opens New Steering Wheel Facility In Romania
Automotive

TRW Automotive Opens New Steering Wheel Facility In Romania

U.S. car parts manufacturer TRW Automotive Holdings Corp. has recently opened a new steering wheel leather wrapping plant in the northern Romanian city of Baia Mare, the company said in a st...

Florentina Dragu · 29.04.2013 · 18:51 · 1 min
Condmag Sees Return To Profit In 2013
Energy

Condmag Sees Return To Profit In 2013

Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) expects will return to a profit in 2013, from losses a year earlier, helped by higher revenue and falling costs, according to the com...

Florentina Dragu · 29.04.2013 · 18:22 · 1 min
Leu Closes Up Vs Euro, In Line With Neighbors
Capital Market

Leu Closes Up Vs Euro, In Line With Neighbors

Romania’s leu strengthened against the euro Monday, albeit at a slower pace compared with its neighbors, and closed just shy of 4.32 units, amid rising liquidity.

Florentina Dragu · 29.04.2013 · 17:31 · 1 min
Romania Economic Sentiment Falls To 4-Month Low In April - EU Survey
Macroeconomics

Romania Economic Sentiment Falls To 4-Month Low In April - EU Survey

Romania’s economic sentiment index fell for a second straight month in April, on increased pessimism in most sectors, a widely watched European Commission monthly survey showed Monday.

Florentina Dragu · 29.04.2013 · 17:00 · 1 min
Romania Plans To Sell RON3.78B Treasuries In May
Banks-Insurance

Romania Plans To Sell RON3.78B Treasuries In May

Romania’s Finance Ministry plans to sell leu-denominated treasuries worth 3.78 billion lei (EUR874 million) in May, above the RON2.5 billion raised a month earlier, ministry data showed Mond...

Florentina Dragu · 29.04.2013 · 15:01 · 1 min
BNR Injects RON710M In Eight-Day Repo
Banks-Insurance

BNR Injects RON710M In Eight-Day Repo

Romania's central bank (BNR) Monday pumped 709.5 million lei (EUR164 million) into the money market via an eight-day repurchasing agreement operation, at an interest rate of 5.25%, equal to...

Florentina Dragu · 29.04.2013 · 13:33 · 1 min
Leu Exchange Rate Firms To 16-Month High Of 4.3224 Vs Euro
Capital Market

Leu Exchange Rate Firms To 16-Month High Of 4.3224 Vs Euro

Romania’s leu extended earlier gains versus the euro and the central bank’s reference strengthened 0.3% to 4.3224 units, the highest rate in 16 months.

Florentina Dragu · 29.04.2013 · 13:30 · 1 min
Isarescu Superstitious About Hiking Romania's Gold Reserves
Banks-Insurance

Isarescu Superstitious About Hiking Romania's Gold Reserves

The head of the Romanian central bank says the country does not need to increase its gold reserve above 100 metric tons as each time the reserves rose past that level “something bad” happene...

Florentina Dragu · 29.04.2013 · 13:20 · 1 min
Companies

Turbomecanica 1Q Loss Narrows To RON1.64M

Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) Monday said its loss narrowed 47% to 1.64 million lei (EUR0.37 million) in the first quarter, from RON3.07 million in the year-...

Florentina Dragu · 29.04.2013 · 12:30 · 1 min
Leu Closes Modestly Up Vs Euro In Thin Trade
Capital Market

Leu Closes Modestly Up Vs Euro In Thin Trade

Romania’s leu lost some of its earlier gains versus the euro in late trade Friday, but closed slightly higher on the day, amid low volumes.

Florentina Dragu · 26.04.2013 · 17:24 · 1 min