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24658

Florentina Dragu

Translator RO-EN

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

SIF Transilvania 9-Mo Revenue Triples To RON191M

Romanian regional investment fund SIF Transilvania (SIF3.RO) Monday reported total revenue of 190.8 million lei (EUR45.3 million) in the first nine months, threefold higher on the year.

Florentina Dragu · 31.10.2011 · 17:09 · 1 min
Banks-Insurance

Romania Plans To Sell RON4.5B Treasuries In November

Romania’s Finance Ministry plans to sell state paper worth 4.5 billion lei (EUR1.04 billion) in November, more than double from RON2.13 billion sold a month earlier, ministry data showed Mon...

Florentina Dragu · 31.10.2011 · 17:09 · 1 min
Banks-Insurance

BNR Lends RON406.7M To Local Banks

Romanian central bank Monday lent 406.7 million lei (EUR94 million) to two local banks in a seven-day repurchase agreement operation at an interest rate of 6.25% a year, equal to the monetar...

Florentina Dragu · 31.10.2011 · 15:14 · 1 min
Macroeconomics

Romania's Public Debt Widens To RON207.6B In August

Romania’s public debt rose to 207.57 billion lei (EUR48 billion) in August, from RON204.63 billion a month earlier, Finance Ministry data showed Monday.

Florentina Dragu · 31.10.2011 · 15:13 · 1 min
Capital Market

Leu In Ranges Vs Euro, Exchange Rate At 4.3243

Romanian leu traded in ranges against the euro by midday Monday, while the central bank’s reference weakened 0.2% to 4.3243 units, from 4.315 units in the previous session.

Florentina Dragu · 31.10.2011 · 13:40 · 1 min
Energy

Transelectrica, Serbian EMS-JP Elektromreza Sign Interconnection Agreement

Romanian state-run power grid operator Transelectrica (TEL.RO) Monday said it has signed an interconnection agreement with Serbian EMS-JP Elektromreza for the Resita-Pancevo project.

Florentina Dragu · 31.10.2011 · 13:25 · 1 min
Banks-Insurance

SIF Transilvania Sells 6% Stake In BCR To Erste Bank

Romanian regional investment fund SIF Transilvania (SIF3.RO) Monday approved selling its 6% stake in bank Banca Comerciala Romana (BCR) to Austrian Erste Group Bank AG (EBS.RO), people famil...

Florentina Dragu · 31.10.2011 · 13:23 · 1 min
Capital Market

Leu Firms Vs Euro, Unlike Neighbors

Romania’s leu strengthened against the euro Friday and closed almost 0.3% higher at 4.3155/4.318 units, from 4.328/4.3295 units a day earlier.

Florentina Dragu · 28.10.2011 · 16:59 · 1 min
Erste Vows To Make BCR Number One Bank In Romania
Banks-Insurance

Erste Vows To Make BCR Number One Bank In Romania

Austrian Erste Group Bank (EBS.RO) will allocate more resources to improve the efficiency of its Romanian unit Banca Comerciala Romana (BCR) and make the bank the number one player on the lo...

Florentina Dragu · 28.10.2011 · 15:14 · 1 min
Erste Could Buy Half Of SIFs’ Holding In BCR By Year-end
Banks-Insurance

Erste Could Buy Half Of SIFs’ Holding In BCR By Year-end

Austria's Erste Group Bank AG (EBS.RO) Friday said it could strike a deal by year-end with the minority shareholders SIFs in its Romanian unit Banca Comerciala Romana (BCR) for half of their...

Florentina Dragu · 28.10.2011 · 14:04 · 1 min
Capital Market

Leu Recovers Vs Euro, Exchange Rate At 4.315

Romania’s leu recovered early losses against the euro by midday Friday and the central bank’s reference strengthened 0.3% to 4.315 units, from 4.3288 units a day earlier.

Florentina Dragu · 28.10.2011 · 13:42 · 1 min
Energy

Retrasib 9-Month Profit Slumps 73% On Year

Romanian power transformers manufacturer Retrasib Sibiu (RTRA.RO) Friday said its net profit dropped 73% to 0.97 million lei (EUR0.22 million) in the first nine months, as expenses declined...

Florentina Dragu · 28.10.2011 · 12:37 · 1 min