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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Iberdrola Says Unable To Continue Wind Projects In Romania
Energy

Iberdrola Says Unable To Continue Wind Projects In Romania

Spanish utility Iberdrola said on Tuesday it was unable to continue its EUR2.5 billion wind power projects in Romania because of local partner Eolica Dobrogea.

Florentina Dragu · 23.10.2012 · 17:56 · 1 min
Leu Inches Lower Vs Euro In Thin Trade
Capital Market

Leu Inches Lower Vs Euro In Thin Trade

Romania’s leu fell slightly against the euro in a quiet session Tuesday, closing at 4.5755/4.5775 to the euro, from 4.574/4.576 to the euro a day earlier.

Florentina Dragu · 23.10.2012 · 17:00 · 1 min
Hidroelectrica Mulls Selling EUR82M Worth Of Electricity
Energy

Hidroelectrica Mulls Selling EUR82M Worth Of Electricity

Romania’s insolvent energy producer Hidroelectrica plans to sell 1.7 terawatts of electricity on the local energy exchange OPCOM for a total of EUR82 million, according to OPCOM data.

Florentina Dragu · 23.10.2012 · 16:02 · 1 min
ANRE: Renewable Power Producers May Sell Electricity Outside OPCOM Exchange, For Now
Energy

ANRE: Renewable Power Producers May Sell Electricity Outside OPCOM Exchange, For Now

Renewable energy producers will receive temporary licenses to trade electricity in Romania outside of the regulated market OPCOM, the country’s watchdog in the field said Tuesday.

Florentina Dragu · 23.10.2012 · 13:37 · 1 min
Leu Down Vs Euro, Exchange Rate At 4.5772
Capital Market

Leu Down Vs Euro, Exchange Rate At 4.5772

Romania’s leu edged lower against the euro by midday Tuesday and the exchange rate weakened slightly to 4.5772 units, from 4.5757 units a day earlier.

Florentina Dragu · 23.10.2012 · 13:36 · 1 min
EBRD Lends EUR30M To Banca Transilvania For SMEs, Energy Projects
Banks-Insurance

EBRD Lends EUR30M To Banca Transilvania For SMEs, Energy Projects

The European Bank for Reconstruction and Development has extended a EUR20 million loan to Romanian lender Banca Transilvania (TLV.RO) for on-lending to small- and medium-sized enterprises, E...

Florentina Dragu · 22.10.2012 · 19:09 · 1 min
Swiss Capital-Led Consortium To Broker Nuclearelectrica IPO
Energy

Swiss Capital-Led Consortium To Broker Nuclearelectrica IPO

Romania’s Economy Ministry Monday selected a consortium comprising Swiss Capital and BT Securities to assist with the sale of a 10% stake in state-owned energy producer Nuclearelectrica.

Florentina Dragu · 22.10.2012 · 17:39 · 1 min
DHL Sells Cargus Parcel Business To Abris Equity Fund
Automotive

DHL Sells Cargus Parcel Business To Abris Equity Fund

German postal and logistics group Deutsche Post DHL has reached an agreement with private equity fund Abris Capital Partners to sell its Romanian domestic express delivery business Cargus.

Florentina Dragu · 22.10.2012 · 17:13 · 1 min
Leu Ends Slightly Higher Vs Euro In Calm Trade
Capital Market

Leu Ends Slightly Higher Vs Euro In Calm Trade

Romania’s leu gained modestly versus the euro in a quiet session Monday, closing at 4.574/4.578 to the euro.

Florentina Dragu · 22.10.2012 · 16:51 · 1 min
Romania Raises EUR421.5M Via Bond Tap, Above Target
Banks-Insurance

Romania Raises EUR421.5M Via Bond Tap, Above Target

Romania’s Finance Ministry on Monday raised EUR421.5 million from a tap of its 2015 foreign currency bond, almost triple the planned amount, at an average yield of 3.76% a year.

Florentina Dragu · 22.10.2012 · 15:31 · 1 min
BNR Caps Repo Operation At RON5B
Banks-Insurance

BNR Caps Repo Operation At RON5B

Romania’s central bank has capped its weekly repurchasing operation for a third straight time Monday, limiting the available amount to 5 billion lei (EUR1.1 billion).

Florentina Dragu · 22.10.2012 · 14:16 · 1 min
Patria Credit Borrows RON36.6M From IFC
Banks-Insurance

Patria Credit Borrows RON36.6M From IFC

The International Finance Corporation (IFC), the private lending arm of the World Bank, has extended a 36.6 million lei ($10.4 million) credit line to Romanian Patria Credit to finance micro...

Florentina Dragu · 22.10.2012 · 13:28 · 1 min