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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
INS: Romania January-July Power Output +4.1% On Year
Energy

INS: Romania January-July Power Output +4.1% On Year

Romanian power output rose 4.1% on the year to 13.6 million tons of oil equivalent in the first seven months, fueled by higher production in most sectors, official data showed Thursday.

Florentina Dragu · 08.09.2011 · 10:03 · 1 min
Romania Adjusted Industrial Output +1.2% On Month In July
Macroeconomics

Romania Adjusted Industrial Output +1.2% On Month In July

Romanian adjusted industrial production rose 1.2% in July compared with the previous month, fueled by higher output in the manufacturing sector, the country’s statistics institute INS said T...

Florentina Dragu · 08.09.2011 · 10:00 · 1 min
Capital Market

Leu Firms Vs Euro, In Line With Region

Romania’s leu gained modestly versus the euro in an uneventful session Wednesday and closed 0.2% stronger at 4.2375/4.239 units, from 4.2465/4.25 units a day earlier.

Florentina Dragu · 07.09.2011 · 17:01 · 1 min
Volksbank Romania: New Lending Rules Have Little Effect In A Dead Market
Banks-Insurance

Volksbank Romania: New Lending Rules Have Little Effect In A Dead Market

Romanian central bank’s latest regulations for consumer loans will have minimum impact on commercial lenders, as the local market is currently idle, but potential clients are bound to feel f...

Florentina Dragu · 07.09.2011 · 16:42 · 1 min
Energy

Romgaz To Attend Iraqi Gas Field Auction In January - Sources

Romanian natural gas producer Romgaz Medias was selected to attend an international auction for 12 oil and gas exploration blocks in Iraq, people familiar with the matter said Wednesday.

Florentina Dragu · 07.09.2011 · 14:46 · 1 min
Capital Market

Leu Widens Gains Vs Euro, Exchange Rate At 4.2353

Romania’s leu continued to gain versus the euro in mid trade Wednesday and the central bank’s reference strengthened almost 0.4% to 4.2353 units, from 4.251 units a day earlier.

Florentina Dragu · 07.09.2011 · 13:27 · 1 min
Bucharest Stock Exchange: August Net Outflow At RON49.5M
Capital Market

Bucharest Stock Exchange: August Net Outflow At RON49.5M

The Bucharest Stock Exchange registered net outflows of 49.5 million lei (EUR11.7 million) from both local and international investors, the exchange said on Wednesday.

Florentina Dragu · 07.09.2011 · 13:18 · 1 min
Energy

ANRE: Updated Renewable Energy Scheme Enforced As Of End September

Romania’s government is bound to approve an ordinance amending the renewable energy law in September, with the new regulations likely to come into force by the end of the month, the energy r...

Florentina Dragu · 07.09.2011 · 11:21 · 1 min
Capital Market

Bucharest Stocks Open Up, Proprietatea Fund In The Spotlight

Bucharest shares opened higher in a quiet morning Wednesday, mirroring the European markets, with investment fund Fondul Proprietatea (FP.RO) once again leading transactions.

Florentina Dragu · 07.09.2011 · 10:59 · 1 min
Capital Market

Leu Moves Higher Vs Euro In Early Trade

Romanian leu edged higher against the euro amid low volumes Wednesday morning, mirroring the currencies in the region.

Florentina Dragu · 07.09.2011 · 10:28 · 1 min
Capital Market

Leu Ends Flat Vs Euro On Low Volumes

Romania’s leu recovered part of its early losses against the euro in late trade Tuesday and closed almost flat on the day at 4.2465/4.25 units, amid low volumes.

Florentina Dragu · 06.09.2011 · 17:03 · 1 min
Energy

ExxonMobil Romania To Pay Up To $1.2M For Drilling Services At Black Sea Block

ExxonMobil Exploration and Production Romania will pay between $0.4 million and $1.2 million for drilling services in the offshore Black Sea perimeter it has been exploring together with OMV...

Florentina Dragu · 06.09.2011 · 16:52 · 1 min