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24658

Florentina Dragu

Translator RO-EN

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

Government Shortens List Of Companies That May Alter Deficit

Romania and the International Monetary Fund have agreed to reduce to 10 from 30 previously the number of public companies whose financial results are included in the budget deficit calculati...

Florentina Dragu · 21.09.2011 · 20:23 · 1 min
Companies

Romania To Appoint Private Managers At 9 State Companies In 2011

Romanian government will appoint private managers at nine state-owned companies by the end of 2011, with six more enterprises to follow suit next year, according to the country’s letter of i...

Florentina Dragu · 21.09.2011 · 17:30 · 1 min
Capital Market

Leu Closes Weaker Vs Euro, Attuned To Region

Romania’s leu widened early losses against the euro in late trade Wednesday, tracking the currencies in the region, and closed 0.26% weaker on the day, amid low volumes.

Florentina Dragu · 21.09.2011 · 17:04 · 1 min
Banks-Insurance

Capital Partners Sees Romania's M&A Market Flat At EUR300M In 2011

Romanian mergers and acquisitions market is likely to stagnate at around EUR300 million-EUR320 million in 2011, despite a 20% annual increase in the first half of the year, investment-bankin...

Florentina Dragu · 21.09.2011 · 14:04 · 1 min
Capital Market

Leu Down Vs Euro, Exchange Rate At 4.2902

Romania’s leu edged lower against the euro by mid trade Wednesday and the central bank’s reference weakened to 4.2902 units, from 4.2843 units a day earlier.

Florentina Dragu · 21.09.2011 · 13:24 · 1 min
Macroeconomics

Romania Bound To Revise 2012 GDP Growth Estimate - Deputy Finmin

Romanian authorities are very likely to revise their economic growth forecast for 2012, factoring in the developments in the European Union countries, an official of the Finance Ministry sai...

Florentina Dragu · 21.09.2011 · 12:52 · 1 min
Automotive

Romaero 1H Revenue Falls 12.3% To RON44M

Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) Tuesday said its revenues fell 12.3% to 43.97 million lei (EUR10.26 million) in the first half, from RON50.15 mi...

Florentina Dragu · 20.09.2011 · 20:32 · 1 min
Macroeconomics

Romania Jumps 37 Spots In 2011 World Economic Freedom Chart

Levels of economic freedom in Romania have improved over the past year, pushing the country up 37 places to 48th in a ranking released by Canadian think-tank Fraser Institute.

Florentina Dragu · 20.09.2011 · 20:31 · 1 min
Capital Market

Intercontinental Bucuresti To Buy Back 10% Of Its Shares

Romanian hotel operator Intercontinental (RCHI.RO) plans to buy back up to 10% of its shares, pending shareholders approval, the company said Tuesday.

Florentina Dragu · 20.09.2011 · 18:40 · 1 min
Energy

OMV Petrom Marketing’s Capital Slashed By RON735.2M

Romania’s leading oil company OMV Petrom (SNP.RO) will lower the share capital of its retail division OMV Petrom Marketing by 735.2 million lei (EUR171.6 million) to RON245 million, the comp...

Florentina Dragu · 20.09.2011 · 18:26 · 1 min
Energy

Dafora Hikes Share Capital By RON2.8M

Romanian drilling company Dafora Medias (DAFR.RO) increased its share capital to 100.2 million lei (EUR23.4 million), below the planned level, after shareholders subscribed shares worth RON2...

Florentina Dragu · 20.09.2011 · 18:25 · 1 min
Capital Market

Leu Gains 0.25% Vs Euro Amid Low Volumes

Romania’s leu widened earlier gains versus the euro in late trade Tuesday and closed 0.25% stronger on the day, amid low volumes.

Florentina Dragu · 20.09.2011 · 17:10 · 1 min