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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Vulcan Swings To RON11M Profit In First Half
Energy

Vulcan Swings To RON11M Profit In First Half

Romanian steam generator maker Vulcan Bucuresti (VULC.RO) Thursday said it has swung to a net profit of 11.1 million lei (EUR2.47 million) in the first half, versus losses in the year-earlie...

Florentina Dragu · 16.08.2012 · 17:50 · 1 min
Leu Closes Higher Vs Euro In Quiet Market
Capital Market

Leu Closes Higher Vs Euro In Quiet Market

Romania’s leu returned to gains versus the euro in late trade Thursday and closed 0.4% stronger on the day, amid low volumes.

Florentina Dragu · 16.08.2012 · 17:12 · 1 min
CEZ Romania Received Interconnection Applications For 1,000 MW Solar Plants
Energy

CEZ Romania Received Interconnection Applications For 1,000 MW Solar Plants

Romanian power supplier CEZ Distribution, a unit of Czech utility group CEZ, has received interconnection applications for photovoltaic power stations with a total capacity of around 1,000 m...

Florentina Dragu · 16.08.2012 · 15:31 · 1 min
Leu Exchange Rate Climbs To 6-Week High Of 4.4924 Vs Euro
Capital Market

Leu Exchange Rate Climbs To 6-Week High Of 4.4924 Vs Euro

Romania’s leu lost its earlier gains versus the euro by midday Thursday, but the exchange rate strengthened 0.6% on the day to 4.4924 units, the highest level in six weeks.

Florentina Dragu · 16.08.2012 · 13:33 · 1 min
Leu Extends Gains Vs Euro, Trades Below 4.5 Units
Capital Market

Leu Extends Gains Vs Euro, Trades Below 4.5 Units

Romania’s leu extended its earlier gains versus the euro in late trade Tuesday, helped by growing foreign currency sales from non-residents, and closed 0.85% stronger on the day at 4.494/4.4...

Florentina Dragu · 14.08.2012 · 17:26 · 1 min
Voinea: Romania Considers Extra Tax For Electricity, Gas Producers
Energy

Voinea: Romania Considers Extra Tax For Electricity, Gas Producers

Romanian electricity and natural gas producers may have to pay an extraordinary tax on the supplementary revenues obtained following price deregulations on the local market, an official of t...

Florentina Dragu · 14.08.2012 · 15:46 · 1 min
IMF: Romanian Leu Balanced Vs Euro, Currency Has Room To Rise
Banks-Insurance

IMF: Romanian Leu Balanced Vs Euro, Currency Has Room To Rise

Romania’s leu could appreciate slightly against the euro once the political upheaval unravels, according to estimates from the International Monetary Fund.

Florentina Dragu · 14.08.2012 · 13:38 · 1 min
Leu Exchange Rate Hits 5-Week High Vs Euro, At 4.5186
Capital Market

Leu Exchange Rate Hits 5-Week High Vs Euro, At 4.5186

Romania’s leu climbed against the euro by midday Tuesday and the exchange rate strengthened almost 0.3% on the day to 4.5186 units, the highest level in the past five weeks.

Florentina Dragu · 14.08.2012 · 13:36 · 1 min
IMF Ties Romania Loan Installment Approval To Strategic Measures
Macroeconomics

IMF Ties Romania Loan Installment Approval To Strategic Measures

The International Monetary Fund Tuesday said its approval of the latest quarterly review of Romania’s progress under a multilateral loan program is conditional upon the implementation of fou...

Florentina Dragu · 14.08.2012 · 13:04 · 1 min
Transelectrica Net Profit Falls To RON22.6M In 1H
Energy

Transelectrica Net Profit Falls To RON22.6M In 1H

Romanian state-run power grid operator Transelectrica (TEL.RO) Tuesday said its net profit dropped 87.4% on the year to 22.58 million lei (EUR4.98 million) in the first half, hit by higher c...

Florentina Dragu · 14.08.2012 · 11:56 · 1 min
IMF: Romanian Households To Pay 5% More For Natural Gas As Of September
Energy

IMF: Romanian Households To Pay 5% More For Natural Gas As Of September

Romanian natural gas prices will increase by 5% for household consumers and by 10% for non-residential clients as of September, an official of the International Monetary Fund said Tuesday.

Florentina Dragu · 14.08.2012 · 11:38 · 1 min
Banca Carpatica Swings To RON12M Pretax Profit In 1H
Banks-Insurance

Banca Carpatica Swings To RON12M Pretax Profit In 1H

Romanian lender Banca Comerciala Carpatica (BCC.RO) has swung to a pretax profit of 11.9 million lei (EUR2.7 million) in the first half versus losses a year earlier, the bank said in its fin...

Florentina Dragu · 14.08.2012 · 11:35 · 1 min