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Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Oltchim’s Privatization To Kick Off With Sealed-Bid Auction Sept 14
Energy

Oltchim’s Privatization To Kick Off With Sealed-Bid Auction Sept 14

The Romanian government has modified the privatization chart for state-run chemical company Oltchim SA (OLT.RO) and announced that will start the proceedings with a sealed-bid auction instea...

Florentina Dragu · 10.08.2012 · 15:10 · 1 min
Transgaz Expects 6.4% Lower Profit In 2012
Energy

Transgaz Expects 6.4% Lower Profit In 2012

Romania’s state-run natural gas pipeline operator Transgaz Medias (TGN.RO) estimates its net profit will fall 6.4% to 355 million lei (EUR78.3 million) in 2012, from RON379.5 million in the...

Florentina Dragu · 10.08.2012 · 15:10 · 1 min
CEZ Romania 1H Production, Trading EBITDA Rises To EUR63M
Energy

CEZ Romania 1H Production, Trading EBITDA Rises To EUR63M

CEZ Romania, a unit of Czech power group CEZ AS, reported first-half operating profit before taxes of CZK1.6 billion (EUR63 million) from production and trading operations, more than double...

Florentina Dragu · 10.08.2012 · 14:04 · 1 min
Leu In Ranges Vs Euro, Exchange Rate Weakens Slightly To 4.5396
Capital Market

Leu In Ranges Vs Euro, Exchange Rate Weakens Slightly To 4.5396

Romania’s leu moved in a tight range against the euro by midday Friday, but the exchange rate weakened slightly to 4.5396 units, ending a four-day rally.

Florentina Dragu · 10.08.2012 · 13:16 · 1 min
Rompetrol Well Services 1H Net Profit Down 2% To RON6.2M
Energy

Rompetrol Well Services 1H Net Profit Down 2% To RON6.2M

Rompetrol Well Services (PTR.RO), a unit of Romania’s second biggest oil group Rompetrol, Friday said its net profit fell some 2% on the year to 6.2 million lei (EUR1.36 million) in the firs...

Florentina Dragu · 10.08.2012 · 12:45 · 1 min
Capital Market

Prefab Sales Fall 15% On Year In January-June

Romanian building materials maker Prefab (PREH.RO) Friday reported first-half sales of 27 million lei (EUR5.95 million), down 15% from RON31.8 million a year earlier.

Florentina Dragu · 10.08.2012 · 11:18 · 1 min
Automotive

Compa Sibiu 1H Net Profit More Than Doubles To RON18.5M

Romanian car parts manufacturer Compa Sibiu (CMP.RO) Friday said its net profit rose 56% to 18.5 million lei (EUR4.2 million) in the first half, from roughly RON12 million in the year-earlie...

Florentina Dragu · 10.08.2012 · 11:07 · 1 min
Automotive

Altur Slatina 1H Profit Rises Despite Lower Sales

Romanian car parts maker Altur Slatina (ALT.RO) Friday said its net profit rose 17.7% on the year to 1.3 million lei (EUR0.28 million) in the first half, despite a 11.4% decline in sales.

Florentina Dragu · 10.08.2012 · 10:59 · 1 min
Leu Opens Flat Vs Euro In Quiet Trade
Capital Market

Leu Opens Flat Vs Euro In Quiet Trade

Romania’s leu opened flat against the euro and traded in a narrow range in early action Friday, quite unaffected by a negative sentiment in the region after disappointing export data from Ch...

Florentina Dragu · 10.08.2012 · 10:45 · 1 min
Oil Terminal 1H Sales Down 6.4% To RON52.7M
Energy

Oil Terminal 1H Sales Down 6.4% To RON52.7M

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) Friday said first-half sales slid 6.4% on the year to 52.75 million lei (EUR12 million), due to lower demand for petroleum produc...

Florentina Dragu · 10.08.2012 · 10:34 · 1 min
Bucharest Bourse 1H Net Profit Falls To RON7.6M
Capital Market

Bucharest Bourse 1H Net Profit Falls To RON7.6M

The Bucharest Stock Exchange (BVB.RO) Friday said its net profit fell 38.8% on the year to 7.64 million lei (EUR1.7 million) in the first half, hurt by lower sales revenue.

Florentina Dragu · 10.08.2012 · 10:22 · 1 min
INS: Adjusted Industrial Output +0.9% On Year In First Half
Macroeconomics

INS: Adjusted Industrial Output +0.9% On Year In First Half

Romanian adjusted industrial production inched up 0.9% in the first half compared with the year-earlier period, largely supported by higher energy output, the country’s statistics institute...

Florentina Dragu · 10.08.2012 · 10:07 · 1 min