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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

Leu Closes Flat Vs Euro On Growing Volumes

Romania’s leu lost its earlier gains versus the euro in late trade Thursday and closed roughly at yesterday’s levels, amid rising trade volumes.

Florentina Dragu · 31.05.2012 · 16:59 · 1 min
Rompetrol Extends Georgian Gas Station Network To 68 Units
Energy

Rompetrol Extends Georgian Gas Station Network To 68 Units

Romania’s second largest oil group Rompetrol has opened three new gas stations in Georgia, bringing its local network to 68 units, the group said Thursday.

Florentina Dragu · 31.05.2012 · 16:13 · 1 min
Leu Exchange Rate Weakens To 4.4652 Vs Euro, Hits New Low Vs Greenback
Capital Market

Leu Exchange Rate Weakens To 4.4652 Vs Euro, Hits New Low Vs Greenback

Romanian’s leu traded below 4.47 per euro by midday Thursday and the central bank’s reference weakened modestly to 4.4652 units, from 4.4616 units a day earlier.

Florentina Dragu · 31.05.2012 · 13:26 · 1 min
Automotive

Romanian Bankrupt UCM Resita Gets Court-Appointed Administrator

A Bucharest court has appointed a consortium led by Euro Insol as administrator of Romanian bankrupt engine manufacturer UCM Resita (UCM.RO), the insolvency firm said in a statement Thursday...

Florentina Dragu · 31.05.2012 · 13:25 · 1 min
Sterling Resources, GSP Sign Drilling Agreement For Two Black Sea Wells
Energy

Sterling Resources, GSP Sign Drilling Agreement For Two Black Sea Wells

Canadian Sterling Resources Thursday said its Romanian subsidiary Midia Resources has signed a drilling agreement with local oil and gas service company Grup Servicii Petroliere (GSP) for tw...

Florentina Dragu · 31.05.2012 · 12:55 · 1 min
Banks-Insurance

NBG First-Quarter Loss In Romania Widens To EUR11M

The National Bank of Greece (NBG) Wednesday said its losses in Romania widened to EUR11 million in the first quarter, from RON1 million in the year-earlier period, hurt by falling revenue fr...

Florentina Dragu · 30.05.2012 · 19:25 · 1 min
Banks-Insurance

Greek Piraeus Bank Assets In Romania Fall To EUR3.34B In 1Q

Greece’s fourth-largest lender Piraeus Wednesday said its assets in Romania slid 4.6% to EUR3.34 billion in the first three months, from EUR3.5 billion in the previous quarter.

Florentina Dragu · 30.05.2012 · 19:25 · 1 min
Capital Market

Romania Plans To Sell RON3.5B Treasuries In June

Romania’s Finance Ministry plans to sell state paper worth 3.5 billion lei (EUR784.4 million) in June, close to the RON3.54 billion amount sold a month earlier, ministry data showed Wednesda...

Florentina Dragu · 30.05.2012 · 18:46 · 1 min
Hidrolectrica 2011 Net Profit Revised Down To RON6.4M
Energy

Hidrolectrica 2011 Net Profit Revised Down To RON6.4M

Romanian state-run hydropower generator Hidroelectrica Wednesday revised down its 2011 net profit to 6.4 million lei (EUR1.4 million), from RON15.7 million previously, as a prolonged draught...

Florentina Dragu · 30.05.2012 · 18:18 · 1 min
Capital Market

Leu Slips Vs Euro, In Line With Neighbors

Romania’s leu retreated against the euro in late trade Wednesday and closed over 0.2% weaker on the day, amid a negative sentiment in the region after Greek polls showed an anti-austerity me...

Florentina Dragu · 30.05.2012 · 17:18 · 1 min
Power Company Craiova 2011 Sales Up 12% To RON1.2B
Energy

Power Company Craiova 2011 Sales Up 12% To RON1.2B

Romanian thermal power producer Craiova Wednesday said its sales rose 12% on the year to 1.22 billion lei (EUR287.8 million) in 2011, as a prolonged draught has boosted demand for electricit...

Florentina Dragu · 30.05.2012 · 15:42 · 1 min
Energy

Transelectrica Names New General Manager

Romanian state-run power grid operator Transelectrica (TEL.RO) has appointed Marius Ion Mateescu as the new general manager, the company said in a statement Wednesday.

Florentina Dragu · 30.05.2012 · 14:30 · 1 min