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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 Flat Vs Euro In Thin Trade
Capital Market

Leu Ends Flat Vs Euro In Thin Trade

Romania’s leu return to its opening levels against the euro in late trade Thursday, and closed roughly flat on the day, amid low volumes.

Florentina Dragu · 07.03.2013 · 17:36 · 1 min
Romania Sells RON500M Jan 2016 Bond; At 5.49% Average Yield
Banks-Insurance

Romania Sells RON500M Jan 2016 Bond; At 5.49% Average Yield

Romania’s Finance Ministry on Thursday reopened a four-year bond issue, attracting 500 million lei (EUR114.8 million), the same amount it has initially sought, at an average yield of 5.49% a...

Florentina Dragu · 07.03.2013 · 15:44 · 1 min
ANOFM: Romania Jobless Rate Dips To 5.78% In February
Social/Politics

ANOFM: Romania Jobless Rate Dips To 5.78% In February

Romania's unemployment rate inched down to 5.78% in February, from 5.82% a month earlier, the country’s employment agency ANOFM said Thursday.

Florentina Dragu · 07.03.2013 · 14:24 · 1 min
Hidroelectrica To Select 67 Private Managers - Administrator
Energy

Hidroelectrica To Select 67 Private Managers - Administrator

Romania’s insolvent power producer Hidroelectrica will launch a campaign next week to select 67 private managers, the company’s legal administrator Euro Insol said Thursday.

Florentina Dragu · 07.03.2013 · 13:56 · 1 min
Leu Exchange Rate Firms To 6-Week High Of 4.3524 Vs Euro
Capital Market

Leu Exchange Rate Firms To 6-Week High Of 4.3524 Vs Euro

Romania’s leu rose against the euro by midday Thursday and the central bank’s reference strengthened 0.2% to 4.3524 units, the highest rate in six weeks.

Florentina Dragu · 07.03.2013 · 13:32 · 1 min
Raiffeisen Bank: Lenders Reluctant To Finance SMEs Because Collateral Is Worthless
Banks-Insurance

Raiffeisen Bank: Lenders Reluctant To Finance SMEs Because Collateral Is Worthless

Romanian banks cannot afford the risk to finance small and medium-sized companies, because collateral values depreciate very quickly in case of insolvency, the head of Raiffeisen Bank Romani...

Florentina Dragu · 07.03.2013 · 13:18 · 1 min
Leu Ends Slightly Higher Vs Euro, Unlike Neighbors
Capital Market

Leu Ends Slightly Higher Vs Euro, Unlike Neighbors

Romania’s leu returned to gains in late trade Wednesday and closed slightly stronger against the euro, amid declining volumes.

Florentina Dragu · 06.03.2013 · 17:10 · 1 min
Leu Loses Edge Vs Euro, Exchange Rate At 4.3615
Capital Market

Leu Loses Edge Vs Euro, Exchange Rate At 4.3615

Romania’s leu lost its earlier gains versus the euro by midday Wednesday, tracking the currencies in the region, and the central bank’s reference retreated slightly to 4.3615 units, from 4.3...

Florentina Dragu · 06.03.2013 · 13:33 · 1 min
ING Bank Pretax Profit Jumps 44% To Record RON232M In 2012
Banks-Insurance

ING Bank Pretax Profit Jumps 44% To Record RON232M In 2012

ING Bank Romania Wednesday said its pretax profit rose 44% on the year to a record 232 million lei (EUR53.2 million) in 2012, fueled by higher loans.

Florentina Dragu · 06.03.2013 · 12:44 · 1 min
Raiffeisen Bank Romania 2012 Net Profit Falls To EUR88M
Banks-Insurance

Raiffeisen Bank Romania 2012 Net Profit Falls To EUR88M

Raiffeisen Bank Romania, a unit of Austria’s Raiffeisen Bank International AG, Wednesday said its net profit fell 8.4% on the year to EUR88 million in 2012, hurt by higher provisions.

Florentina Dragu · 06.03.2013 · 12:44 · 1 min
Leu Gains Vs Euro On Positive GDP Data
Capital Market

Leu Gains Vs Euro On Positive GDP Data

Romania’s leu advanced against the euro in early action Wednesday, with investors reacting positively to 2012 economic data.

Florentina Dragu · 06.03.2013 · 10:57 · 1 min
Vae Apcarom Proposes 24% Lower Dividend For 2012
Automotive

Vae Apcarom Proposes 24% Lower Dividend For 2012

Romanian rolling stock maker voestalpine Vae Apcarom (APC.RO), owned by Austria's voestalpine, Wednesday proposed paying out its shareholders a gross dividend of 0.068 lei (EUR0.0156) a shar...

Florentina Dragu · 06.03.2013 · 10:38 · 1 min