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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
SABMiller Beer Sales In Romania Up 15% On Year In Fiscal 1Q
Retail&Consumer

SABMiller Beer Sales In Romania Up 15% On Year In Fiscal 1Q

London-headquartered brewer SABMiller Thursday said its lager volumes in Romania rose 15% on the year in the fiscal quarter ended June 30, helped by higher sales of Ciucas and Timisoreana br...

Florentina Dragu · 26.07.2012 · 16:46 · 1 min
CNVM's 2011 Revenues Rise 27% On Year, Below Expectations
Capital Market

CNVM's 2011 Revenues Rise 27% On Year, Below Expectations

Romania’s securities commission CNVM Thursday said its revenue rose 27% on the year to 52.3 million lei (EUR12.3 million) in 2011, fueled by higher income from equity trading on the Buchares...

Florentina Dragu · 26.07.2012 · 15:37 · 1 min
Leu Down Vs Euro, Exchange Rate At 4.6205
Capital Market

Leu Down Vs Euro, Exchange Rate At 4.6205

Romania’s leu inched lower against the euro by midday Thursday and the central bank’s reference weakened to 4.6205 units, from 4.6186 units a day earlier.

Florentina Dragu · 26.07.2012 · 13:29 · 1 min
Capital Market

Leu Ends Up Vs Euro, In Line With Neighbors

Romania’s leu strengthened against the euro Wednesday and closed at 4.6135/4.6165 units on profit-taking and amid a positive sentiment in the region.

Florentina Dragu · 25.07.2012 · 17:38 · 1 min
Romania Runs RON400M Budget Surplus In June
Macroeconomics

Romania Runs RON400M Budget Surplus In June

Romania’s consolidated budget posted a surplus of 400 million lei (EUR86.6 million) in June after four consecutive months of deficits, Finance Minister Florin Georgescu said Wednesday.

Florentina Dragu · 25.07.2012 · 17:38 · 1 min
Georgescu: Romania Eyes New IMF Deal For 2013-2015
Macroeconomics

Georgescu: Romania Eyes New IMF Deal For 2013-2015

Romania’s government plans to sign a new precautionary loan agreement with the International Monetary Fund for the 2013-2015 period once the existing one ends in April next year, Finance Min...

Florentina Dragu · 25.07.2012 · 16:44 · 1 min
BNR: Overdue Loans Up 1.7% To RON25.2B In June
Banks-Insurance

BNR: Overdue Loans Up 1.7% To RON25.2B In June

Romanian overdue private loans rose 1.7% on the month to 25.15 billion lei (EUR5.44 billion) in June, equal to 10.95% of the total lending, central bank data showed Wednesday.

Florentina Dragu · 25.07.2012 · 15:10 · 1 min
Romanian Managers Pessimistic About Economic Outlook - Survey
Analysis

Romanian Managers Pessimistic About Economic Outlook - Survey

The mood among senior managers in Romania remains widely pessimistic, with the vast majority estimating the economic crisis has yet to reach its peak, according to a survey from Roland Berge...

Florentina Dragu · 25.07.2012 · 13:41 · 1 min
Leu Recovers From Record Lows Vs Euro, Dollar
Capital Market

Leu Recovers From Record Lows Vs Euro, Dollar

Romania’s leu took a breather Wednesday following three consecutive days of steep depreciation and the central bank’s reference rate strengthened 0.4% to 4.6186 units, from an all-time low o...

Florentina Dragu · 25.07.2012 · 13:19 · 1 min
EBRD Cuts Romania GDP Growth Forecast, Says Political Crisis May Take Toll
Macroeconomics

EBRD Cuts Romania GDP Growth Forecast, Says Political Crisis May Take Toll

The European Bank for Reconstruction and Development Wednesday revised downward its forecast on Romania’s economic growth to 0.8% in 2012, from 1.2% previously, citing increased vulnerabilit...

Florentina Dragu · 25.07.2012 · 08:58 · 1 min
EBRD Considers EUR58.2M Loan For Two Wind Farms In Romania
Energy

EBRD Considers EUR58.2M Loan For Two Wind Farms In Romania

The European Bank for Reconstruction and Development is considering providing a senior loan of EUR58.2 million to finance the commissioning and operation of two wind farms in Romania, the ba...

Florentina Dragu · 24.07.2012 · 17:59 · 1 min
Leu Recovers Slightly Vs Euro; Ctrl Bank Intervention Suspected
Capital Market

Leu Recovers Slightly Vs Euro; Ctrl Bank Intervention Suspected

Romania’s leu returned below 4.63 per euro in late trade Tuesday, from a record low of 4.65 to the euro earlier, and closed 0.2% stronger on the day, with dealers suspecting a covert interve...

Florentina Dragu · 24.07.2012 · 17:47 · 1 min