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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 Closes Down Vs Euro On Higher Volumes
Capital Market

Leu Closes Down Vs Euro On Higher Volumes

Romania’s leu weakened against the euro amid higher volumes Friday, ending almost 0.4% lower on the day at 4.5345/4.5375 units.

Florentina Dragu · 28.09.2012 · 16:54 · 1 min
Romania Corn Output Falls 60% In 2012 Due To Dry Weather
Social/Politics

Romania Corn Output Falls 60% In 2012 Due To Dry Weather

Romanian Agriculture Minister Daniel Constantin Friday estimated the country’s corn production declined 60% to around 4.7 million tons in 2012, due to dry weather.

Florentina Dragu · 28.09.2012 · 16:15 · 1 min
Leu Exchange Rate Falls To 6-Week Low Of 4.5331 Vs Euro
Capital Market

Leu Exchange Rate Falls To 6-Week Low Of 4.5331 Vs Euro

Romania’s leu extended earlier losses against the euro by midday Friday and the central bank’s reference weakened 0.4% on the day to 4.5331 units, the lowest level in six weeks.

Florentina Dragu · 28.09.2012 · 13:21 · 1 min
Two Consortia File Bids To Broker Nuclearelectrica IPO
Capital Market

Two Consortia File Bids To Broker Nuclearelectrica IPO

Two consortia have lodged offers to broker the sale of a 10% stake in Romanian state-owned energy producer Nuclearelectrica, the Economy Ministry, majority holder in the company, said in a s...

Florentina Dragu · 28.09.2012 · 12:28 · 1 min
Rompetrol To Add 150 Gas Stations To Romanian Network By 2017
Energy

Rompetrol To Add 150 Gas Stations To Romanian Network By 2017

Romania’s second-largest oil group Rompetrol plans to expand its local gas stations network by 150 units over the next five years, chief executive officer Zhanat Tussupbekov said Thursday.

Florentina Dragu · 27.09.2012 · 18:53 · 1 min
BNR: IMF Deal Not Endangered By Negative Outcome Of Oltchim Sale
Banks-Insurance

BNR: IMF Deal Not Endangered By Negative Outcome Of Oltchim Sale

A potentially failed privatization of Romania’s financially-troubled chemical company Oltchim (OLT.RO), while sending a negative signals to investors, would not endanger the country’s agreem...

Florentina Dragu · 27.09.2012 · 18:29 · 1 min
Isarescu: Romania Should Join The New Banking Union
Banks-Insurance

Isarescu: Romania Should Join The New Banking Union

The European Commission’s proposal to set up a single supervisory mechanism for the eurozone banking system represents an inevitable process and Romania should be part of the new banking uni...

Florentina Dragu · 27.09.2012 · 18:09 · 1 min
Leu Closes Slightly Up Vs Euro On Rising Volumes
Capital Market

Leu Closes Slightly Up Vs Euro On Rising Volumes

Romania’s leu gained modestly versus the euro amid higher volumes Thursday and closed at 4.517/4.519 units, from 4.519/4.52 units a day earlier.

Florentina Dragu · 27.09.2012 · 17:35 · 1 min
Romania To Reopen 2015 Forex Bond For EUR150M In October
Banks-Insurance

Romania To Reopen 2015 Forex Bond For EUR150M In October

Romania’s Finance Ministry will tap its 2015 foreign currency bond on October 22 to raise EUR150 million, according to the ministry’s issuance prospectus for next month.

Florentina Dragu · 27.09.2012 · 17:29 · 1 min
Rompetrol Completes $380M Upgrade Of Petromidia Refinery
Energy

Rompetrol Completes $380M Upgrade Of Petromidia Refinery

Romania’s second-largest oil group Rompetrol, a unit of Kazakh KazMunayGas, Thursday said it has completed a six-year upgrading process at its Petromidia refinery that will increase processi...

Florentina Dragu · 27.09.2012 · 17:19 · 1 min
Leu In Ranges Vs Euro, Exchange Rate At 4.514
Capital Market

Leu In Ranges Vs Euro, Exchange Rate At 4.514

Romania’s leu traded near 4.51 versus the euro by midday Thursday and the central bank’s reference strengthened modestly to 4.514 units, from 4.5168 units a day earlier.

Florentina Dragu · 27.09.2012 · 13:33 · 1 min
BVB's Lucian Anghel: Romania Could Benefit From EUR1.5B FDI This Year
Banks-Insurance

BVB's Lucian Anghel: Romania Could Benefit From EUR1.5B FDI This Year

Romania has been drawing less and less foreign capital over the past years as investors have become more selective, the head of the Bucharest bourse said Wednesday, adding that EUR1.5 billio...

Florentina Dragu · 26.09.2012 · 18:05 · 1 min