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24658

Florentina Dragu

Translator RO-EN

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

Altur Slatina Sees Four-Fold Rise In 2012 Pretax Profit

Romanian car parts maker Altur Slatina (ALT.RO) estimates a pretax profit of 2 million lei (EUR0.46 million) in 2012, fourfold higher on the year, according to the company’s revenue and expe...

Florentina Dragu · 27.04.2012 · 13:29 · 1 min
Tomas Spurny Begins Term As New CEO Of BCR
Banks-Insurance

Tomas Spurny Begins Term As New CEO Of BCR

Romania's central bank has authorized the appointment of Tomas Spurny as the new chief executive officer of Banca Comerciala Romana, or BCR, the commercial lender said in a statement Friday.

Florentina Dragu · 27.04.2012 · 12:30 · 1 min
Transelectrica Pays RON1.1/Share Dividend In 2012
Energy

Transelectrica Pays RON1.1/Share Dividend In 2012

Romanian state-run power grid operator Transelectrica (TEL.RO) approved paying out a gross dividend of 1.1 lei (EUR0.251) a share from the 2011 net profit, well above RON0.116 paid last year...

Florentina Dragu · 27.04.2012 · 12:17 · 1 min
Capital Market

SIF Banat-Crisana OKs RON0.1/Share Dividend For 2011

Romanian investment fund SIF Banat-Crisana (SIF1.RO) approved paying out a gross dividend of 0.1 lei (EUR0.0228) a share from the 2011 profit, just below the RON0.103 a share dividend in the...

Florentina Dragu · 27.04.2012 · 11:36 · 1 min
Automotive

Turbomecanica 1Q Loss Widens To RON3M

Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) Friday said its loss widened 43% to 3 million lei (EUR0.69 million) in the first quarter, from RON2.1 million in the year-earli...

Florentina Dragu · 27.04.2012 · 11:27 · 1 min
BRD Pays Dividend Of RON0.167/Share From 2011 Profit
Banks-Insurance

BRD Pays Dividend Of RON0.167/Share From 2011 Profit

Romanian second largest bank BRD (BRD.RO), majority-owned by France’s Societe Generale, Thursday approved paying out a gross dividend of 0.1669 lei (EUR0.038) a share from the 2011 profit, d...

Florentina Dragu · 26.04.2012 · 17:51 · 1 min
Capital Market

Bucharest Stocks Close Up, Proprietatea Fund Gains 4%

Bucharest shares closed higher for the third day in a row Thursday, supported by deals with shares in investment fund Fondul Proprietatea (FP.RO), which covered over half of the market liqui...

Florentina Dragu · 26.04.2012 · 17:48 · 1 min
Capital Market

Leu Ends Lower Vs Euro, Attuned To Region

Romania’s leu weakened slightly against the euro Thursday, amid a negative sentiment in the region following disappointing US jobs data.

Florentina Dragu · 26.04.2012 · 17:41 · 1 min
Banks-Insurance

European Banks 2011 Exposure To Romania Falls 5.7% To $108.8B

European banks’ exposure to Romania fell 5.7% to $102.5 billion in 2011, from $108.8 a year earlier, data from the Bank for International Settlements showed.

Florentina Dragu · 26.04.2012 · 17:20 · 1 min
Automobile Dacia 2011 Net Profit Falls 8% To RON275M
Automotive

Automobile Dacia 2011 Net Profit Falls 8% To RON275M

Romania’s Automobile Dacia, the local unit of French carmaker Renault, Thursday said its net profit slid 8% on the year to 275.1 million lei (EUR62.87 million) in 2011, due to higher costs.

Florentina Dragu · 26.04.2012 · 16:28 · 1 min
Banks-Insurance

Romania Sells RON226M 15-Year Bonds At 6.58% Average Yield

Romania’s Finance Ministry on Thursday sold 226 million lei (EUR51.6 million) in 15 years bonds, slightly above the planned amount, at an average yield of 6.58% a year, central bank data sho...

Florentina Dragu · 26.04.2012 · 15:32 · 1 min
Azeri SOCAR To Invest EUR50M In Romania Network Expansion
Energy

Azeri SOCAR To Invest EUR50M In Romania Network Expansion

Azeri state-run oil company SOCAR plans to expand its gas station network in Romania to 40 units by year-end and will allocate around EUR50 million for the new investments, Hamza Karimov, ge...

Florentina Dragu · 26.04.2012 · 15:13 · 1 min