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Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Italy’s Intesa Sanpaolo Completes Merger Of Romanian Subsidiaries
Banks-Insurance

Italy’s Intesa Sanpaolo Completes Merger Of Romanian Subsidiaries

Italy’s Intesa Sanpaolo has completed the merger of its Romanian subsidiaries Intesa Sanpaolo Bank and CR Firenze, the bank said in a statement Tuesday.

Florentina Dragu · 02.10.2012 · 13:10 · 1 min
Bucharest Stocks Open Slightly Up Amid Low Volumes
Capital Market

Bucharest Stocks Open Slightly Up Amid Low Volumes

Bucharest shares inched higher Tuesday morning, unlike international stocks, but volumes remain scarce amid reduce appetite from investors.

Florentina Dragu · 02.10.2012 · 11:31 · 1 min
Leu In Ranges Vs Euro In Early Trade
Capital Market

Leu In Ranges Vs Euro In Early Trade

Romania’s leu traded near 4.52 against the euro in early action Tuesday, amid low volumes.

Florentina Dragu · 02.10.2012 · 10:30 · 1 min
ING To Shut Down Romanian Brokerage Operations
Capital Market

ING To Shut Down Romanian Brokerage Operations

Dutch financial group ING will close down its brokerage operations in Romania, as part of a larger restructuring strategy that includes divesting brokerage and related businesses at all its...

Florentina Dragu · 01.10.2012 · 17:23 · 1 min
Romanian Leu Exchange Rate For 2013 Excise Taxes Set At 4.5223 Vs Euro
Macroeconomics

Romanian Leu Exchange Rate For 2013 Excise Taxes Set At 4.5223 Vs Euro

The level of the excise duties in Romania will be calculated using an exchange rate of 4.5223 lei per euro next year, 5.2% higher than in 2012.

Florentina Dragu · 01.10.2012 · 16:27 · 1 min
Romania Sells RON972M 6-Month Bills At 5.91% Average Yield
Banks-Insurance

Romania Sells RON972M 6-Month Bills At 5.91% Average Yield

Romania’s Finance Ministry on Monday sold 972 million lei (EUR218.3 million) in six-month treasury bills, slightly below the planned amount, at an average yield of 5.91% a year, higher than...

Florentina Dragu · 01.10.2012 · 15:10 · 1 min
BNR Pumps RON12.6B Into Market
Banks-Insurance

BNR Pumps RON12.6B Into Market

Romania's central bank Monday injected 12.62 billion lei (EUR2.79 billion) into the money market via a one-week repurchase agreement operation, at an interest rate of 5.25% a year, equal to...

Florentina Dragu · 01.10.2012 · 15:03 · 1 min
Leu Pares Losses Vs Euro, Exchange Rate At 4.5178
Capital Market

Leu Pares Losses Vs Euro, Exchange Rate At 4.5178

Romania’s leu reversed earlier losses against the euro by midday Monday, supported by covert interventions from the central bank, and the exchange rate strengthened to 4.5178 units, from a s...

Florentina Dragu · 01.10.2012 · 13:50 · 1 min
Leu Slightly Lower Vs Euro In Early Trade
Capital Market

Leu Slightly Lower Vs Euro In Early Trade

Romania’s leu edged lower against the euro Monday morning and traded slightly below 4.54 to the euro amid low volumes.

Florentina Dragu · 01.10.2012 · 10:52 · 1 min
Capital Market

Swiss Capital Remains Top Broker In Bucharest In September

Swiss Capital continued to lead the Bucharest bourse’s brokers chart in September, with total deals worth 614.6 million lei (EUR135.6 million), stock exchange data showed Friday.

Florentina Dragu · 28.09.2012 · 20:11 · 1 min
IMF Approves EUR513M Disbursement To Romania, Cites Good Progress
Macroeconomics

IMF Approves EUR513M Disbursement To Romania, Cites Good Progress

The International Monetary Fund has completed the sixth review of Romania’s economic performance under a EUR3.6 billion precautionary loan agreement, enabling the disbursement of a new EUR51...

Florentina Dragu · 28.09.2012 · 20:01 · 1 min
Energy

Conpet Mulls Transferring Shares To Bucharest Exchange

Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) has approved a proposal to transfer its shares to the first tier of the Bucharest Stock Exchange from the Rasdaq market, the comp...

Florentina Dragu · 28.09.2012 · 18:00 · 1 min