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Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Leu Exchange Rate Gains To 4.4616 Vs Euro, Falls To All-Time Low Vs US Dollar
Capital Market

Leu Exchange Rate Gains To 4.4616 Vs Euro, Falls To All-Time Low Vs US Dollar

Romania’s leu traded slightly above 4.6 per euro by midday Wednesday and the central bank’s reference continued to strengthen, albeit at a slow pace, reaching 4.4616 units, from 4.4639 units...

Florentina Dragu · 30.05.2012 · 13:33 · 1 min
China’s Sinovel To Deliver Turbines For 1,200-MW Wind Projects In Romania
Energy

China’s Sinovel To Deliver Turbines For 1,200-MW Wind Projects In Romania

Sinovel Wind Group Co, China's largest wind turbine producer, has signed an agreement with two Romanian companies to deliver wind turbines with a total capacity of 1,200 megawatts for future...

Florentina Dragu · 30.05.2012 · 12:37 · 1 min
INS: April Housing Permits Down 2% On Month
Real Estate

INS: April Housing Permits Down 2% On Month

Romanian housing permits inched down 1.9% to 3,083 units in April, from 3,114 units a month earlier, the country’s statistics institute INS said Wednesday.

Florentina Dragu · 30.05.2012 · 10:00 · 1 min
Volksbank Romania Posts Narrower-Than-Expected Loss In 1Q
Banks-Insurance

Volksbank Romania Posts Narrower-Than-Expected Loss In 1Q

Volksbank Romania, the local unit of Austria’s Volksbank AG, posted a loss of EUR7 million in the first quarter, narrower than expected, the mother bank said in its financial report Tuesday.

Florentina Dragu · 29.05.2012 · 19:46 · 1 min
Capital Market

Leu Closes Up Vs Euro In Quiet Market

Romania’s leu closed slightly stronger against the euro in a quiet market Tuesday, amid above-average volumes.

Florentina Dragu · 29.05.2012 · 17:26 · 1 min
CEZ To Complete 600 MW Wind Farm In Romania By Year-end
Energy

CEZ To Complete 600 MW Wind Farm In Romania By Year-end

CEZ Trade Romania, a unit of Czech power group CEZ, Tuesday said the group’s 600-megawatt wind farm in Fantanele and Cogealac localities will be fully operational by the end of 2012.

Florentina Dragu · 29.05.2012 · 13:43 · 1 min
Leu Exchange Rate Gains Modestly To 4.4639 Vs Euro
Capital Market

Leu Exchange Rate Gains Modestly To 4.4639 Vs Euro

Romania’s leu advanced modestly against the euro by midday Tuesday and the central bank’s reference strengthened for the third consecutive session to 4.4639 units, from 4.4641 units a day ea...

Florentina Dragu · 29.05.2012 · 13:38 · 1 min
Leu Ends Slightly Higher Vs Euro
Capital Market

Leu Ends Slightly Higher Vs Euro

Romania’s leu retreated against the euro in late trade Monday, mirroring the currencies in the region, but managed to close slightly higher at 4.4665/4.469 per euro, from 4.473/4.475 per eur...

Florentina Dragu · 28.05.2012 · 17:41 · 1 min
BNR: Overdue Loans Up 3.3% To RON23.8B In April
Banks-Insurance

BNR: Overdue Loans Up 3.3% To RON23.8B In April

Romanian overdue private loans rose 3.27% on the month to 23.86 billion lei (EUR5.12 billion) in April, equal to 10.5% of the total lending, central bank data showed Monday.

Florentina Dragu · 28.05.2012 · 15:41 · 1 min
E&Y: Romania Keeps Top Destination Status For Renewable Energy Investments
Energy

E&Y: Romania Keeps Top Destination Status For Renewable Energy Investments

Romania remains one of the top destinations in the world for renewable energy projects, according to a report from Ernst & Young.

Florentina Dragu · 28.05.2012 · 14:46 · 1 min
Germany’s E.ON To Invest RON350M In Romanian Units In 2012
Energy

Germany’s E.ON To Invest RON350M In Romanian Units In 2012

German utility E.ON plans to invest around 350 million lei (EUR78.4 million) in its Romanian units in 2012, slightly up from RON320 million in the previous year, E.ON Romania said in a state...

Florentina Dragu · 28.05.2012 · 14:31 · 1 min
BNR Adds RON8B To Market, Largest Amount in Two Years
Banks-Insurance

BNR Adds RON8B To Market, Largest Amount in Two Years

Romania's central bank Monday injected 8.07 billion lei (EUR1.8 billion) into the market in a seven-day repurchase agreement operation at an interest rate of 5.25% a year, equal to the monet...

Florentina Dragu · 28.05.2012 · 14:05 · 1 min