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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Leu In Ranges Vs Euro, Exchange Rate At 4.4646
Capital Market

Leu In Ranges Vs Euro, Exchange Rate At 4.4646

Romania’s leu moved in a narrow range against the euro by midday Tuesday and the central bank’s reference strengthened marginally to 4.4646 units, from 4.4648 units in the previous session.

Florentina Dragu · 05.06.2012 · 13:36 · 1 min
Erste Ups Stake In BCR To 93.27%
Banks-Insurance

Erste Ups Stake In BCR To 93.27%

Austria’s Erste Group Bank AG (EBS.RO) Tuesday said it has increased its stake in Romanian lender Banca Comerciala Romana (BCR) to 93.27% from 93.04%, following a buyout offer to BCR minorit...

Florentina Dragu · 05.06.2012 · 12:34 · 1 min
Leu Ends Slightly Higher Vs Euro, Unlike Neighbors
Capital Market

Leu Ends Slightly Higher Vs Euro, Unlike Neighbors

Romania’s leu edged higher against the euro Friday, unfazed by the negative sentiment in the region following worrisome eurozone employment data and disappointing manufacturing figures in Eu...

Florentina Dragu · 01.06.2012 · 17:10 · 1 min
UniCredit Tiriac Bank Absorbs UniCredit CAIB Securities Division
Capital Market

UniCredit Tiriac Bank Absorbs UniCredit CAIB Securities Division

Romania’s UniCredit Tiriac Bank will integrate the operations of its brokerage arm UniCredit CAIB Securities in a move to optimize the use of its local resources, the lender said in a statem...

Florentina Dragu · 01.06.2012 · 17:00 · 1 min
Leu Exchange Rate At 4.4648 Vs Euro, Falls Again Vs US Dollar
Capital Market

Leu Exchange Rate At 4.4648 Vs Euro, Falls Again Vs US Dollar

Romanian leu’s exchange rate strengthened slightly to 4.4648 units against the euro Friday, but dropped for the third straight session versus the US dollar and hit a new all-time low of 3.62...

Florentina Dragu · 01.06.2012 · 13:39 · 1 min
Capital Market

Bucharest Stocks Open Lower Amid Scarce Volumes

Bucharest shares opened down Friday morning, while a reduced appetite from investors kept volumes low in early trade.

Florentina Dragu · 01.06.2012 · 11:13 · 1 min
Capital Market

Leu Opens Down Vs Euro On Negative Sentiment

Romania’s leu opened lower against the euro Friday, amid a negative sentiment in the region, but recovered slightly in early action on suspected intervention from the central bank.

Florentina Dragu · 01.06.2012 · 10:44 · 1 min
Real Estate

INS: Tourist Arrivals Up 19% On Year In April

Tourist arrivals in Romania rose 18.9% in April from the year-earlier month, while overnight accommodations were up 11% on the year, the statistics institute INS said Friday.

Florentina Dragu · 01.06.2012 · 10:00 · 1 min
Romania Jobless Rate Slightly Up To 7.4% In April
Macroeconomics

Romania Jobless Rate Slightly Up To 7.4% In April

Romania's unemployment rate rose slightly to 7.4% in April, from 7.2% a month earlier, seasonally adjusted data from the statistics institute INS showed Friday.

Florentina Dragu · 01.06.2012 · 10:00 · 1 min
Industrial Prices +0.7% On Month, +6.5% On Year In April
Macroeconomics

Industrial Prices +0.7% On Month, +6.5% On Year In April

Romania’s industrial producer price index inched up 0.7% in April from a month earlier, fueled by higher prices in manufacturing and energy, the country’s statistics institute INS said Frida...

Florentina Dragu · 01.06.2012 · 10:00 · 1 min
Capital Market

Swiss Capital Reinforces Top Broker Position In Bucharest In May

Swiss Capital continued to lead the Bucharest bourse’s brokers chart in May, with total deals worth 538.5 million lei (EUR120.6 million), stock exchange data showed Wednesday.

Florentina Dragu · 31.05.2012 · 19:47 · 1 min
Romania Cuts 2013 GDP Growth Forecast To 3.1% Vs 4.5%
Macroeconomics

Romania Cuts 2013 GDP Growth Forecast To 3.1% Vs 4.5%

A sluggish economic recovery and falling exports have prompted Romanian officials to revise downward the 2013 growth forecast to 3.1%, from 4.5% initially, according to a government document...

Florentina Dragu · 31.05.2012 · 17:41 · 1 min