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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
IMF Likely To Delay Romania Loan Review Until Fall
Macroeconomics

IMF Likely To Delay Romania Loan Review Until Fall

The International Monetary Fund will likely delay until the fall its report on Romania’s progress under a EUR2 billion precautionary loan deal, after the fund’s review mission and the govern...

Florentina Dragu · 12.06.2014 · 15:35 · 1 min
Romania Sells Debt Worth RON800M At Lower Yields
Banks-Insurance

Romania Sells Debt Worth RON800M At Lower Yields

Romania’s Finance Ministry sold government bonds worth a planned 800 million lei (EUR182.2 million) at two auctions Thursday, at lower yields than at the previous tenders.

Florentina Dragu · 12.06.2014 · 15:01 · 1 min
Romania Considers Selling Government Bonds To Population
Banks-Insurance

Romania Considers Selling Government Bonds To Population

Romania’s Finance Ministry is considering selling government securities to the population, provided it can reach a satisfactory agreement with the Bucharest Stock Exchange and the Financial...

Florentina Dragu · 12.06.2014 · 14:51 · 1 min
Treasury Head: Foreign Banks Looking To Become Primary Dealers In Romania
Banks-Insurance

Treasury Head: Foreign Banks Looking To Become Primary Dealers In Romania

Romania’s Finance Ministry is holding talks with three or four international banks interested in becoming primary dealers on the local government securities market, the head of the Treasury...

Florentina Dragu · 12.06.2014 · 14:28 · 1 min
Banks-Insurance

EIB, UniCredit Tiriac Bank To Sign EUR60M Loan Deal Next Week

The European Investment Bank will extend a EUR60 million financing line to Romania’s UniCredit Tiriac Bank, said Mihai Tanasescu, EIB Vice-President responsible for lending operations in Rom...

Florentina Dragu · 12.06.2014 · 13:53 · 1 min
Leu’s Exchange Rate Strengthens To 4.3912 Vs Euro
Capital Market

Leu’s Exchange Rate Strengthens To 4.3912 Vs Euro

The Romanian leu traded near 4.39 to the euro during the first half of the session Thursday, while the central bank’s reference strengthened slightly to 4.3912 units, from 4.396 units a day...

Florentina Dragu · 12.06.2014 · 13:29 · 1 min
Electrica IPO: A Good Opportunity For Retail Investors - Tradeville
Capital Market

Electrica IPO: A Good Opportunity For Retail Investors - Tradeville

Romanian Electrica’s upcoming initial public offering may be a good speculative opportunity for retail investors as the minimum price of 11 lei a share is below the price projected for the n...

Florentina Dragu · 12.06.2014 · 13:06 · 1 min
Leu Slightly Up Vs Euro In Morning Trade
Capital Market

Leu Slightly Up Vs Euro In Morning Trade

Romania’s leu appreciated modestly against the euro during early trading hours Thursday, amid low volumes.

Florentina Dragu · 12.06.2014 · 11:05 · 1 min
Electrica To Start IPO Monday
Capital Market

Electrica To Start IPO Monday

Romanian state-run energy company Electrica SA’s planned initial offering of 51% of its shares will be launched on June 16 in Bucharest and London, with small retail investors being able to...

Florentina Dragu · 12.06.2014 · 11:03 · 1 min
Romania Inflation Hits New Record Low Of 0.94% In May
Macroeconomics

Romania Inflation Hits New Record Low Of 0.94% In May

Romanian consumer prices were roughly unchanged in May from a month earlier, but the annual inflation eased to an all-time low of 0.94%, from 1.2% a month earlier, official data showed Thurs...

Florentina Dragu · 12.06.2014 · 10:00 · 1 min
INS: January-April Power Output Down 3.6% On Year
Macroeconomics

INS: January-April Power Output Down 3.6% On Year

Romanian energy output fell 3.6% on the year to 7.17 million tons of oil equivalent in the first four months of 2014, hurt by declining production in the coal and oil sectors, official data...

Florentina Dragu · 12.06.2014 · 10:00 · 1 min
Adjusted Construction Works Fall 4.7% On Month In April
Real Estate

Adjusted Construction Works Fall 4.7% On Month In April

Romanian construction works slid 4.7% in April from a month earlier, on falling activity in all sectors, the statistics institute INS said Thursday.

Florentina Dragu · 12.06.2014 · 10:00 · 1 min