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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Bucharest Stocks Slightly Higher In Early Action
Capital Market

Bucharest Stocks Slightly Higher In Early Action

Bucharest shares edged higher Thursday morning, tracking international markets, but trade volumes remained depressed as investors are cautious ahead of the European Central Bank’s monetary p...

Florentina Dragu · 06.09.2012 · 11:04 · 1 min
INS: Adjusted Construction Works Fall 4.1% On Year In July
Real Estate

INS: Adjusted Construction Works Fall 4.1% On Year In July

Romanian construction works fell 4.1% in July from the year-ago month, due to declining activity in all sectors, the statistics institute INS said Thursday.

Florentina Dragu · 06.09.2012 · 10:00 · 1 min
Strong Service Sector, Constructions Fuel Second-Quarter Economic Growth
Macroeconomics

Strong Service Sector, Constructions Fuel Second-Quarter Economic Growth

Romania’s second-quarter economic growth was backed by strong development in sectors such as professional, scientific and technical services, constructions, and information and communication...

Florentina Dragu · 06.09.2012 · 10:00 · 1 min
Leu Closes Flat Vs Euro On Growing Volumes
Capital Market

Leu Closes Flat Vs Euro On Growing Volumes

Romania’s leu traded near 4.49 per euro amid rising volumes in late trade Wednesday, closing roughly flat on the day at 4.487.4.488 to the euro.

Florentina Dragu · 05.09.2012 · 17:24 · 1 min
Nuclearelectrica Moves Broker Selection To Sept 28
Energy

Nuclearelectrica Moves Broker Selection To Sept 28

Romanian state-owned energy producer Nuclearelectrica has delayed until September 28 an auction to select brokers for its planned 10% initial public offering due next year, the company said...

Florentina Dragu · 05.09.2012 · 15:51 · 1 min
Oltchim Chief Resigns; 15 Managers To Follow Suit
Energy

Oltchim Chief Resigns; 15 Managers To Follow Suit

Constantin Roibu, the general manager of Romania’s state-run chemical company Oltchim SA (OLT.RO), has resigned his position effective immediately, the company said in a statement Wednesday.

Florentina Dragu · 05.09.2012 · 15:21 · 1 min
Romania Jobless Rate Rises To 4.9% In August
Social/Politics

Romania Jobless Rate Rises To 4.9% In August

Romania's unemployment rate rose to 4.9% in August, from 4.77% a month earlier, the country’s employment agency ANOFM said Wednesday.

Florentina Dragu · 05.09.2012 · 13:43 · 1 min
Leu/Euro Rate Declines Slightly To 4.494
Capital Market

Leu/Euro Rate Declines Slightly To 4.494

Romania’s leu recovered part of its earlier losses versus the euro by midday, but the exchange rate weakened for a second straight day to 4.494 units, from 4.4907 units a day earlier.

Florentina Dragu · 05.09.2012 · 13:24 · 1 min
Romania’s Tap Of 2018 Eurobond Drew Hefty Demand From UK, Austria, Germany
Banks-Insurance

Romania’s Tap Of 2018 Eurobond Drew Hefty Demand From UK, Austria, Germany

Romania’s tap of a euro-denominated bond issue due June 2018 attracted bids from over 200 investors, mainly from the United Kingdom, Austria and Germany, bankers familiar with the matter tol...

Florentina Dragu · 05.09.2012 · 13:11 · 1 min
Leu Closes Flat Vs Euro In Quiet Market
Capital Market

Leu Closes Flat Vs Euro In Quiet Market

Romania’s leu recovered earlier losses against the euro in late trade Tuesday and closed roughly flat on the day, amid low volumes.

Florentina Dragu · 04.09.2012 · 17:03 · 1 min
Romania Raises EUR750M In International Tap Bond, At 5.1%
Banks-Insurance

Romania Raises EUR750M In International Tap Bond, At 5.1%

Romania’s Finance Ministry Tuesday tapped a 10-year euro-denominated bond maturing in June 2018 for an amount of EUR750 million, at an annual yield of 5.15%.

Florentina Dragu · 04.09.2012 · 15:19 · 1 min
S&P Downgrades Transgaz To ‘BB’; Outlook Negative
Energy

S&P Downgrades Transgaz To ‘BB’; Outlook Negative

Standard & Poor's Ratings Services Tuesday lowered its long-term foreign and local currency corporate credit ratings on Romanian state-run natural gas transmission system operator Transgaz (...

Florentina Dragu · 04.09.2012 · 14:14 · 2 min