Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023

24658

Florentina Dragu

Translator RO-EN

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

Romania Adjusted Construction Works +1.1% On Year In 2011

Romanian construction works inched up 1.1% on the year in 2011, largely boosted by an 11.6% increase in capital repairs, the statistics institute INS said Friday.

Florentina Dragu · 10.02.2012 · 10:02 · 1 min
Macroeconomics

Romania 2011 Adjusted Industrial Output +6.1% On Year

Romanian adjusted industrial production rose 6.1% in 2011 compared with a year earlier, fueled by higher output in all sectors, the country’s statistics institute INS said Friday.

Florentina Dragu · 10.02.2012 · 10:02 · 1 min
Capital Market

Bucharest Bourse Hires Executive Search Firm To Find New GM

The Bucharest Stock Exchange will hire an executive search firm to assist in selecting a new general manager, after Valentin Ionescu was dismissed from the position in November last year.

Florentina Dragu · 10.02.2012 · 09:18 · 1 min
Capital Market

Leu Ends Flat Vs Euro On Positive Sentiment

Romania’s leu edged higher against the euro in late trade Thursday, amid a positive sentiment in the region after Greek officials agreed to new austerity measures in exchange for more foreig...

Florentina Dragu · 09.02.2012 · 17:06 · 1 min
Leu In Ranges Vs Euro, Exchange Rate At 4.3554
Capital Market

Leu In Ranges Vs Euro, Exchange Rate At 4.3554

Romania’s leu traded near 4.355 per euro by midday Thursday and the central bank’s reference weakened modestly to 4.3554 units, from 4.354 units a day earlier.

Florentina Dragu · 09.02.2012 · 13:41 · 1 min
Alro Completes $77M Energy Efficiency Program
Energy

Alro Completes $77M Energy Efficiency Program

Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, Thursday said it has concluded a six-year program to increase energy efficiency, following total investments...

Florentina Dragu · 09.02.2012 · 11:02 · 1 min
Energy

Oltchim’s Board Chairman Steps Down

Romanian state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO) Thursday said Constantin Dascalu resigned his position of chairman of the board, citing personal reasons.

Florentina Dragu · 09.02.2012 · 10:49 · 1 min
Capital Market

Leu Down Vs Euro In Early Trade

Romania’s leu opened slightly lower against the euro Thursday and traded in narrow ranges in the first part of the session, tracking regional currencies.

Florentina Dragu · 09.02.2012 · 10:49 · 1 min
INS: Romania's Trade Gap Widened To EUR9.7B In 2011
Macroeconomics

INS: Romania's Trade Gap Widened To EUR9.7B In 2011

Romania’s trade deficit widened slightly to EUR9.72 billion in 2011, from EUR9.53 billion a year earlier, the country’s statistics institute INS said Thursday.

Florentina Dragu · 09.02.2012 · 10:01 · 1 min
Capital Market

Leu Ends Modestly Up Vs Euro On Growing FX Sales

Romania’s leu recovered against the euro in late trade Wednesday, helped by growing foreign currency sales, and closed slightly higher on the day at 4.3495/4.3525 units.

Florentina Dragu · 08.02.2012 · 17:33 · 1 min
Banks-Insurance

Fitch Revises Romania UniCredit Tiriac Bank’s Outlook To Negative

Fitch Ratings Wednesday affirmed the long-term issuer default ratings of Romanian UniCredit Tiriac Bank at 'BBB+', while revising its outlook to negative from stable, the ratings agency said...

Florentina Dragu · 08.02.2012 · 16:41 · 1 min
Central Bank Chief Insists Romania Must Increase Its Presence In Foreign Debt Markets
Capital Market

Central Bank Chief Insists Romania Must Increase Its Presence In Foreign Debt Markets

Romania must sell bonds on international markets on a regular basis to increase its credibility and avoid potential ugly moments when “blood-thirsty” markets go after desperate governments,...

Florentina Dragu · 08.02.2012 · 16:37 · 1 min