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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Moody’s: Romanian Banks Under Increasing Outside Pressure
Banks-Insurance

Moody’s: Romanian Banks Under Increasing Outside Pressure

Moody’s Investors Service Monday warned Romanian banking system could come under increasing pressure due to the escalation of the European banking and sovereign debt crisis.

Florentina Dragu · 12.12.2011 · 13:39 · 1 min
BNR's Largest Cash Boost In Almost 2 Years: RON7.63B In 7-Day Repo
Banks-Insurance

BNR's Largest Cash Boost In Almost 2 Years: RON7.63B In 7-Day Repo

Romanian central bank Monday injected 7.63 billion lei (EUR1.7 billion) into the market in a one week repurchase agreement operation at an interest rate of 6% a year, equal to the monetary p...

Florentina Dragu · 12.12.2011 · 13:34 · 1 min
Swedish Sweco Inks EUR3M Consultancy Deal With Hidrolectrica
Energy

Swedish Sweco Inks EUR3M Consultancy Deal With Hidrolectrica

Swedish Sweco Monday said it has won a EUR3 million contract to provide consultancy service for the modernization of the Stejaru-Bicaz hydropower plant, a unit of Romania’s hydropower genera...

Florentina Dragu · 12.12.2011 · 13:02 · 1 min
Retail&Consumer

Dairy Maker Prodlacta Brasov Enters Insolvency

Romanian dairy maker Prodlacta Brasov (PRAE.RO) has entered into insolvency proceedings after a local court approved in November the request filed by the company’s legal administrators.

Florentina Dragu · 12.12.2011 · 12:57 · 1 min
Capital Market

Bucharest Stocks Mostly Lower In Early Trade

Bucharest-listed shares were mostly lower Monday morning, with the composite index BET-C shedding 0.26% amid low volumes.

Florentina Dragu · 12.12.2011 · 11:28 · 1 min
ATE Bank Romania Hikes Capital To RON221M
Banks-Insurance

ATE Bank Romania Hikes Capital To RON221M

ATE Bank Romania Monday said it has increased its share capital by 84.47 million lei (around EUR20 million) to RON220.94 milion, via cash contribution from its majority holder, Greece’s ATE...

Florentina Dragu · 12.12.2011 · 11:19 · 1 min
Capital Market

Leu Up Vs Euro In Early Trade

Romania’s leu edged higher against the euro Monday morning and traded below 4.34 units amid low volumes.

Florentina Dragu · 12.12.2011 · 10:50 · 1 min
Macroeconomics

Romania Inflation Falls To New Post-Communist Low In November

Romanian consumer prices rose 0.42% on the month in November, on higher prices across the board, but the annual inflation eased to 3.44%, a fresh record low since the end of the communist re...

Florentina Dragu · 12.12.2011 · 10:03 · 1 min
Macroeconomics

INS: Trade Gap Narrows To EUR7.68B In January-October

Romania’s trade deficit narrowed slightly to EUR7.68 billion in the first ten months of 2011, from EUR7.74 billion in the year-earlier period, the country’s statistics institute INS said Mon...

Florentina Dragu · 12.12.2011 · 10:03 · 1 min
Bucharest Stock Exchange Wants To Attract Facebook, Other US Companies
Capital Market

Bucharest Stock Exchange Wants To Attract Facebook, Other US Companies

The Bucharest Stock Exchange plans to attract more companies to its trade platforms and US social networking company Facebook is definitely an attractive option, bourse president Stere Farma...

Florentina Dragu · 09.12.2011 · 21:47 · 1 min
EBRD Could Lend Up To EUR30M To BRD
Energy

EBRD Could Lend Up To EUR30M To BRD

The European Bank for Reconstruction and Development is considering extending Romania’s lender BRD two credit lines amounting to up to EUR30 million to finance energy saving projects.

Florentina Dragu · 09.12.2011 · 21:29 · 1 min
Energy

Two Belgian Investors To Build Three Wind Farms In Romania

Two shareholders of Belgium’s property developer Bel Rom Real Estate plan to build three wind farms in Romania with a total installed capacity of 150 MW.

Florentina Dragu · 09.12.2011 · 21:25 · 1 min