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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Capital Market

Bucharest Stocks Open Down, In Line With International Markets

Bucharest shares edged lower Friday morning, tracking international markets as investor sentiment shifted after the US Federal Reserve failed to present new measures to stimulate the world’s...

Florentina Dragu · 08.06.2012 · 11:00 · 1 min
Adjusted Construction Works Rise 11.5% On Month In April
Real Estate

Adjusted Construction Works Rise 11.5% On Month In April

Romanian construction works rose 11.5% on the month in April, fueled by increased activity in all sectors, the statistics institute INS said Friday.

Florentina Dragu · 08.06.2012 · 10:00 · 1 min
Macroeconomics

Romanian April Industrial New Orders Down 11.6% On Month

Romanian industrial new orders fell 11.6% on the month in April, on two-digit declines in most sectors, the statistics institute INS said Friday.

Florentina Dragu · 08.06.2012 · 10:00 · 1 min
Romania January-April Power Output Down 16.3% On Year
Energy

Romania January-April Power Output Down 16.3% On Year

Romanian energy output fell 16.3% on the year to 10.88 million tons of oil equivalent in the first four months, due to declining production in the hydropower sector, official data showed Fri...

Florentina Dragu · 08.06.2012 · 10:00 · 1 min
Retail&Consumer

INS: Industrial Sales Fall 9% On Month In April

Romanian industrial sales dropped 8.9% in April, after a two-digit growth a month earlier, due to falling demand across the board, the country’s statistics institute INS said Friday.

Florentina Dragu · 08.06.2012 · 10:00 · 1 min
Leu Ends Flat Vs Euro; Neighbors Gain 2% After China’s Rate Cut
Capital Market

Leu Ends Flat Vs Euro; Neighbors Gain 2% After China’s Rate Cut

Romania’s leu moved in a tight range against the euro in a quiet session Thursday and closed roughly flat on the day, immune to the positive movement in the region.

Florentina Dragu · 07.06.2012 · 18:11 · 1 min
Romania Sells RON336M 2-Year Bonds At 5.73% Average Yield
Banks-Insurance

Romania Sells RON336M 2-Year Bonds At 5.73% Average Yield

Romania’s Finance Ministry on Thursday sold 336.4 million lei (EUR75 million) in two-year bonds, half the planned amount, at an average yield of 5.73% a year, slightly higher than at the pre...

Florentina Dragu · 07.06.2012 · 16:04 · 1 min
Macroeconomics

ANOFM: Romania Jobless Rate Dips To 4.56% In May

Romania's unemployment rate fell slightly to 4.56% in May, from 4.73% a month earlier, the country’s employment agency ANOFM said Thursday.

Florentina Dragu · 07.06.2012 · 15:23 · 1 min
Leu In Ranges Vs Euro, Exchange Rate At 4.4625
Capital Market

Leu In Ranges Vs Euro, Exchange Rate At 4.4625

Romania’s leu traded in narrow ranges against the euro by midday Thursday and the central bank’s reference gained modestly to 4.4625 units, from 4.4642 units a day earlier.

Florentina Dragu · 07.06.2012 · 13:45 · 1 min
BCR: Rating Cut Won’t Hurt Banking Activity
Banks-Insurance

BCR: Rating Cut Won’t Hurt Banking Activity

Romanian bank Banca Comerciala Romana, or BCR, Thursday said Moody’s decision to downgrade its credit ratings will have only a limited impact on its operations.

Florentina Dragu · 07.06.2012 · 13:44 · 1 min
Capital Market

Leu Ends Slightly Higher Vs Euro In Quiet Market

Romania’s leu traded near 4.46 per euro in late session Wednesday and closed slightly stronger on the day, amid a quiet market.

Florentina Dragu · 06.06.2012 · 17:20 · 1 min
Georgescu: No Way The Leu Will Trade At 5 Units Vs Euro In 2012
Banks-Insurance

Georgescu: No Way The Leu Will Trade At 5 Units Vs Euro In 2012

Romanian Finance Minister Florin Georgescu Wednesday said the national currency will “in no way” fall to 5 units against the euro in 2012, despite its recent depreciation.

Florentina Dragu · 06.06.2012 · 16:56 · 1 min