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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Romgaz, Transgaz To Have New General Managers
Energy

Romgaz, Transgaz To Have New General Managers

Romanian Economy Ministry plans to replace the general managers of its majority owned natural gas companies Romgaz Medias and Transgaz Medias (TGN.RO).

Florentina Dragu · 06.06.2012 · 15:04 · 1 min
Capital Market

Leu Reverses Gains Vs Euro, Exchange Rate At 4.4642

Romania’s leu lost its early edge against the euro by midday Wednesday, but the central bank’s reference strengthened modestly to 4.4642 units, from 4.4646 units in the previous day.

Florentina Dragu · 06.06.2012 · 13:22 · 1 min
Transelectrica Wants Dual Board System
Energy

Transelectrica Wants Dual Board System

Romanian power grid operator Transelectrica (TEL.RO) Wednesday proposed giving up its unitary board system in favor of a dual system, the company said in a call to shareholders.

Florentina Dragu · 06.06.2012 · 11:37 · 1 min
Capital Market

Bucharest Stocks Open Higher On Positive Sentiment

Bucharest shares opened slightly higher Wednesday amid a positive sentiment in the region, recovering part of yesterday’s losses.

Florentina Dragu · 06.06.2012 · 11:04 · 1 min
Capital Market

Leu Firms Vs Euro In Early Trade

Romania’s leu edged higher against the euro in early action Wednesday, mirroring the currencies in the region amid hopes that the European leaders will agree to new measures to stimulate the...

Florentina Dragu · 06.06.2012 · 10:39 · 1 min
INS: Romania 1Q Net Investment Up 19% On Year To RON12B
Macroeconomics

INS: Romania 1Q Net Investment Up 19% On Year To RON12B

Romanian net investments rose 18.8% on the year to 12.03 billion lei (EUR2.7 billion) in the first quarter of 2012, on increasing activity across the board, the country’s statistics institut...

Florentina Dragu · 06.06.2012 · 10:02 · 1 min
INS: Housing Construction Down 10% In First Quarter
Macroeconomics

INS: Housing Construction Down 10% In First Quarter

Romanian housing construction fell 10% to 6,862 units in the first quarter from the year-earlier period, on falling activity in both urban and rural areas, the country’s statistics institute...

Florentina Dragu · 06.06.2012 · 10:01 · 1 min
Romania Average Net Wage Slightly Up To RON1,553 In April
Macroeconomics

Romania Average Net Wage Slightly Up To RON1,553 In April

Romanian average net salary inched up 0.6% to 1,553 lei (EUR347.8) in April, from RON1,543 a month earlier, the statistics institute INS said Wednesday.

Florentina Dragu · 06.06.2012 · 10:01 · 1 min
Capital Market

Leu Ends Flat Vs Euro In Sleepy Session

Romania’s leu traded near 4.46 per euro in late session Tuesday and closed roughly flat on the day, amid a quiet market.

Florentina Dragu · 05.06.2012 · 17:17 · 1 min
Banks-Insurance

Isarescu: Leu Fall Contained In Case Of Grexit

Romanian central bank governor Mugur Isarescu Tuesday dismissed recent speculations that a potential exit of Greece from the eurozone would cause the leu to trade at 5 units against the euro...

Florentina Dragu · 05.06.2012 · 15:34 · 1 min
BNR Pumps Record RON12B Into Market
Banks-Insurance

BNR Pumps Record RON12B Into Market

Romania's central bank Tuesday injected a record 12.1 billion lei (EUR2.7 billion) into the market in a six-day repurchase agreement operation at an interest rate of 5.25% a year, equal to t...

Florentina Dragu · 05.06.2012 · 14:38 · 1 min
Romania 1Q Natural Gas Consumption Slides 2% To 17.8M MWh
Energy

Romania 1Q Natural Gas Consumption Slides 2% To 17.8M MWh

Romanian natural gas consumption fell 2% to 17.8 million megawatt hours in the first quarter, from 18.5 million MWh in the year-earlier period, the country’s energy regulator ANRE said in a...

Florentina Dragu · 05.06.2012 · 13:47 · 1 min