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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Isarescu Says Lenders Bound To Cut Interest Rates
Banks-Insurance

Isarescu Says Lenders Bound To Cut Interest Rates

Romanian banks are bound to lower their interest rates this spring, as liquidity in the system is increasing, central bank governor Mugur Isarescu said Thursday.

Florentina Dragu · 01.03.2012 · 14:00 · 1 min
Banks-Insurance

BNR: Forex Reserves Rise To EUR33.4B In February

Romanian foreign exchange reserves rose to EUR33.38 billion in February from EUR32.7 billion a month earlier, central bank data showed Thursday.

Florentina Dragu · 01.03.2012 · 13:35 · 1 min
Dragoi: Romania To Tap Foreign Debt Markets Again In Second Half Of 2012
Banks-Insurance

Dragoi: Romania To Tap Foreign Debt Markets Again In Second Half Of 2012

Romania plans to tap international debt markets again in the second half of 2012, following two successful US dollar bond issues launched earlier this year, Finance Minister Bogdan Dragoi sa...

Florentina Dragu · 01.03.2012 · 13:31 · 1 min
Capital Market

Swiss Capital Remains Top Broker In Bucharest In February

Swiss Capital continued to lead the Bucharest bourse’s brokers chart in February, with total deals worth 336.2 million lei (EUR77.3 million), stock exchange data showed Wednesday.

Florentina Dragu · 29.02.2012 · 19:46 · 1 min
Energy

Prospectiuni Pretax Profit Rises To RON41.2M In 2011

Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) Wednesday said its pretax profit rose to 41.2 million lei (EUR9.5 million) in 2011, well above the RON1.8 million reported in...

Florentina Dragu · 29.02.2012 · 18:48 · 1 min
Automotive

Chimpex 2011 Net Profit Up 4.8% To RON7.7M

Romanian port operator Chimpex Constanta (CHEM.RO) Wednesday said its net profit rose 4.8% to 7.73 million lei (EUR1.7 million) in 2011, from RON7.37 million a year earlier.

Florentina Dragu · 29.02.2012 · 18:47 · 1 min
Analysis

S&P: Romania Moderately Sensitive To Eurozone Shocks

Romania has a moderately low vulnerability to potential eurozone shocks among the sovereigns in emerging European regions, a survey from Standard&Poor's showed Wednesday.

Florentina Dragu · 29.02.2012 · 18:47 · 1 min
Capital Market

Leu Ends Flat Vs Euro On Low Volumes

Romanian leu traded slightly below 4.35 per euro in late trade Wednesday and closed flat on the day at 4.348/4.349 units, amid low volumes.

Florentina Dragu · 29.02.2012 · 18:46 · 1 min
MFP: Reopening Of Dollar Bond Draws Strong Demand From Investment Funds
Capital Market

MFP: Reopening Of Dollar Bond Draws Strong Demand From Investment Funds

Romania’s 10-year, $750 million bond issue reopened on the US market Tuesday drew strong demand from investment funds, which bought 61% of the total debt, Finance Minister Bogdan Alexandru D...

Florentina Dragu · 29.02.2012 · 17:36 · 1 min
Romgaz To Invest $500M In Geological Surveys Over Next Four Years
Energy

Romgaz To Invest $500M In Geological Surveys Over Next Four Years

Romanian state-run natural gas producer Romgaz will invest some $500 million (EUR372 million) in geological surveys at eight onshore fields leased from the national mineral resources agency,...

Florentina Dragu · 29.02.2012 · 16:36 · 1 min
Banks-Insurance

Marfin Bank 2011 Loss In Romania Widens To EUR4M

Cyprus' second largest lender Marfin Bank Wednesday said its loss in Romania widened to EUR4 million in 2011, from EUR3.2 million a year earlier, hit by loan impairment expenses.

Florentina Dragu · 29.02.2012 · 16:14 · 1 min
Volksbank Could Take Over Armonia Mall In Deal To Write Off Debts
Banks-Insurance

Volksbank Could Take Over Armonia Mall In Deal To Write Off Debts

Volksbank Romania, the local unit of Austria’s Volksbank AG, could take over the shopping center Armonia Braila, where it was the major creditor, according to liquidator Casa de Insolventa T...

Florentina Dragu · 29.02.2012 · 16:12 · 1 min