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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Prognosis Commission Ups Romania's 2011 GDP Forecast To 1.7%
Macroeconomics

Prognosis Commission Ups Romania's 2011 GDP Forecast To 1.7%

Romania’s prognosis commission CNP Tuesday revised upward its economic growth forecast to 1.7% in 2011, from 1.5% previously, saying it expects a positive contribution from farming output.

Florentina Dragu · 20.09.2011 · 16:57 · 1 min
Banks-Insurance

BNR: Romanian Bank Payment Refusals Rise To RON581M In August

Romanian lenders refused to pay promissory notes, checks and notes of exchange amounting to 581.3 million lei (EUR135.7 million) in August, up 38.6% on the month, central bank data showed Tu...

Florentina Dragu · 20.09.2011 · 14:29 · 1 min
Automotive

New Car Registrations Up 3.26% On Year In August

Romanian new car registrations rose 3.26% on the year to 8,747 units in August, Interior Ministry data showed Tuesday.

Florentina Dragu · 20.09.2011 · 13:40 · 1 min
Capital Market

Leu Slightly Up Vs Euro, Exchange Rate Slides To 4.2843

Romanian leu gained modestly versus the euro in mid trade Tuesday, but the central bank’s reference weakened to 4.2843 units, from 4.2792 units a day earlier.

Florentina Dragu · 20.09.2011 · 13:40 · 1 min
Energy

Cernavoda Nuclear Reactor Back Up After Repairs

Romanian state-owned energy producer Nuclearelectrica restarted the second reactor at its power plant in Cernavoda which was shut down Friday due to a malfunction in its fuel supply system.

Florentina Dragu · 19.09.2011 · 17:51 · 1 min
Energy

Rompetrol Rafinare To Halt Production Oct 22-Nov 3 For Upgrade Works

Romanian Rompetrol Rafinare (RRC.RO), the refining unit of the country's second-largest oil group Rompetrol, Monday said it will halt production during October 22-November 3 for scheduled wo...

Florentina Dragu · 19.09.2011 · 17:14 · 1 min
Capital Market

Leu Moves Lower Vs Euro As Risk Aversion Rises

Romania’s leu retreated against the euro in late trade Monday, tracking the currencies in the region, amid renewed fears that Greece could default on its debt.

Florentina Dragu · 19.09.2011 · 16:49 · 1 min
Banks-Insurance

Romania Sells RON657M 9-Month T-Bills At 6.7% Average Yield

Romania’s Finance Ministry Monday sold nine-month treasury bills worth 657.1 million lei (EUR153.5 million), above the planned amount, at an average yield of 6.74% on the year.

Florentina Dragu · 19.09.2011 · 15:17 · 1 min
Capital Market

Leu In Ranges Vs Euro, Exchange Rate Slides To 4.2792

Romania’s leu traded in ranges against the euro by mid-session Monday and the central bank’s reference weakened 0.2% to 4.2792 units, from 4.271 units Friday.

Florentina Dragu · 19.09.2011 · 14:09 · 1 min
Macroeconomics

Romania July Construction Output Rises At 2nd Fastest Pace In EU

Romanian construction output rose 3.3% on the month in July, the second biggest increase in the European Union, official data showed Monday.

Florentina Dragu · 19.09.2011 · 12:56 · 1 min
Banks-Insurance

Sorin Popa Promoted To Delegate Executive Officer At BRD

Romania’s second-largest bank by assets BRD-Groupe Societe Generale Friday said it has appointed Sorin Popa as the new delegate executive officer, the second highest position in the bank.

Florentina Dragu · 16.09.2011 · 18:52 · 1 min
Cernavoda Shuts Down Nuke To Fix Equipment Glitch
Energy

Cernavoda Shuts Down Nuke To Fix Equipment Glitch

Romanian state-owned energy producer Nuclearelectrica will shut down the second reactor at its nuclear power plant in Cernavoda on Friday due to a malfunction at the fuel supply system, the...

Florentina Dragu · 16.09.2011 · 18:05 · 1 min