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24658

Florentina Dragu

Translator RO-EN

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

Comelf Seeks EUR5.8M Loans To Finance Operations, Investments

Romanian industrial equipment maker Comelf Bistrita (CMF.RO) plans to borrow up to CHF7 million (around EUR5.8 million) in the next twelve months to finance current operations and future inv...

Florentina Dragu · 20.04.2012 · 11:55 · 1 min
Companies

Valhalla Joins Roman Copper In Bid To Purchase Romania’s Cupru Min

Canada’s mineral exploitation company Valhalla Resources announced its participation in a consortium with Roman Copper Corp. for the purchase of Romanian copper producer Cupru Min Abrud, aft...

Florentina Dragu · 20.04.2012 · 11:24 · 1 min
Capital Market

Leu Ends A Tad Higher On The Day In Sleepy Trade

Romania’s leu traded near 4.375 per euro in late session Thursday and closed marginally higher on the day, amid low volumes.

Florentina Dragu · 19.04.2012 · 17:40 · 1 min
Romania Less Likely To Default On Own Debt Vs Hungary, Spain
Macroeconomics

Romania Less Likely To Default On Own Debt Vs Hungary, Spain

Romania is a less risky debtor compared to more veteran EU members such as Spain, Italy or Hungary, but the country is still paying higher interest rates on its sovereign debt compared to th...

Florentina Dragu · 19.04.2012 · 16:39 · 1 min
Romania Sells RON625M 5-Year Bonds At 6.14% Average Yield
Banks-Insurance

Romania Sells RON625M 5-Year Bonds At 6.14% Average Yield

Romania’s Finance Ministry on Thursday sold 625 million lei (EUR142.8 million) in five years bonds, slightly above the planned amount, at an average yield of 6.14% a year, central bank data...

Florentina Dragu · 19.04.2012 · 15:49 · 1 min
Leu Up Vs Euro, Exchange Rate At 4.3748
Capital Market

Leu Up Vs Euro, Exchange Rate At 4.3748

Romania’s leu edged higher against the euro by midday Thursday and the central bank’s reference strengthened modestly to 4.3748 units, from 4.3778 units a day earlier.

Florentina Dragu · 19.04.2012 · 13:33 · 1 min
BCR Banca pentru Locuinte 2011 Net Profit Rises To RON12M
Banks-Insurance

BCR Banca pentru Locuinte 2011 Net Profit Rises To RON12M

BCR Banca pentru Locuinte, the housing finance unit of Romania’s largest bank BCR, Thursday reported a net profit of 11.98 million lei (EUR2.74 million) in 2011, well above RON1.74 million a...

Florentina Dragu · 19.04.2012 · 12:58 · 1 min
US Ambassador To Romania Worried About Standstill In Privatizations
Companies

US Ambassador To Romania Worried About Standstill In Privatizations

US Ambassador to Bucharest Mark Gitenstein Wednesday expressed concern over a seeming standstill in the Romanian privatization process, saying the government should resume their efforts to a...

Florentina Dragu · 18.04.2012 · 17:34 · 1 min
Capital Market

Leu Weakens Vs Euro, Central Bank Intervention Suspected

Romania’s leu weakened against the euro amid a quiet market Wednesday, with dealers suspecting a covert intervention from the central bank to prevent a steeper depreciation of the national c...

Florentina Dragu · 18.04.2012 · 17:32 · 1 min
US Ambassador: Trading US-Listed Companies In Bucharest To Increase Market Transparency
Capital Market

US Ambassador: Trading US-Listed Companies In Bucharest To Increase Market Transparency

The expansion of the Bucharest bourse’s alternative trading system to include US-listed companies could lead to greater transparency on the local market, as investors would want to benefit f...

Florentina Dragu · 18.04.2012 · 16:17 · 1 min
Macroeconomics

Romania February Construction Output Rises At 2nd Fastest Pace In EU

Romanian adjusted construction output rose 1.7% on the month in February, the second largest increase in the European Union, official data showed Wednesday.

Florentina Dragu · 18.04.2012 · 15:59 · 1 min
Vimetco Shortlists Three Constructors For Its Alum Power Plant In Romania
Energy

Vimetco Shortlists Three Constructors For Its Alum Power Plant In Romania

Dutch-registered Vimetco NV Wednesday said it has short-listed three contractors for the construction of its future 250-megawatt power plant in Tulcea county, southeastern Romania.

Florentina Dragu · 18.04.2012 · 14:14 · 1 min