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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Romania Sells RON1B 1-Year T-Bills; Yield Rises To 6.7%
Banks-Insurance

Romania Sells RON1B 1-Year T-Bills; Yield Rises To 6.7%

Romania’s Finance Ministry on Monday sold a planned 1 billion lei (EUR235 million) in one-year treasury bills, at an average yield of 6.73% a year, higher than at the previous auction.

Florentina Dragu · 05.09.2011 · 15:55 · 1 min
Banks-Insurance

ING: Romania Likely To Accept Higher Yields At Debt Sales

The Romanian Finance Ministry is likely to accept higher yields to meet its current borrowing targets, after it failed to raise a planned 4 billion lei (EUR0.94 billion) at state auctions in...

Florentina Dragu · 05.09.2011 · 14:37 · 1 min
Analysis

Romania July Retail Sales Rise At 2nd Fastest Pace In EU - Eurostat

Romanian retail sales posted the second largest increase in the European Union in July compared with the previous month, official data showed Monday.

Florentina Dragu · 05.09.2011 · 14:19 · 1 min
Capital Market

Leu Recoups Vs Euro, Exchange Rate At 4.2429

Romania’s leu recovered early losses versus the euro by mid trade Monday, but the central bank’s reference weakened slightly to 4.2429 units, from 4.2418 units in the previous session.

Florentina Dragu · 05.09.2011 · 14:08 · 1 min
Romanian Expur Gets EUR30M EBRD-Syndicated Financing
Banks-Insurance

Romanian Expur Gets EUR30M EBRD-Syndicated Financing

The European Bank for Reconstruction and Development (EBRD) Monday said it has extended a EUR30 million syndicated loan to Romanian oilseed processor Expur Urziceni to increase processing of...

Florentina Dragu · 05.09.2011 · 12:05 · 1 min
Capital Market

Leu Modestly Down Vs Euro In Early Trade

Romania’s leu edged lower against the euro amid low volumes Monday morning, tracking the currencies in the region.

Florentina Dragu · 05.09.2011 · 10:32 · 1 min
Macroeconomics

INS: Tourist Arrivals Up 22% On Year In July

Tourist arrivals in Romania rose 21.8% in July from the year-earlier month, while overnight accommodations were up 26.7% on the year, the statistics institute INS said Monday.

Florentina Dragu · 05.09.2011 · 10:00 · 1 min
Average Net Wage Slightly Down To RON1,471 In July
Macroeconomics

Average Net Wage Slightly Down To RON1,471 In July

Romanian average net salary edged down 0.1% to 1,471 lei (roughly EUR347) in July, from RON1,472 a month earlier, the statistics institute INS said Monday.

Florentina Dragu · 05.09.2011 · 10:00 · 1 min
INS: Romanian Adjusted Retail Sales +2.2% On Month In July
Retail&Consumer

INS: Romanian Adjusted Retail Sales +2.2% On Month In July

Romanian adjusted retail sales rose 2.2% in July compared with a month earlier, fueled by higher sales in all sectors, the statistics institute INS said Monday.

Florentina Dragu · 05.09.2011 · 10:00 · 1 min
Energy

Dafora Inks EUR15M Geothermal Drilling Contract In Germany

Romanian Dafora Medias (DAFR.RO) was awarded a EUR15 million geothermal drilling contract at four wells in Germany, the company said in a statement Monday.

Florentina Dragu · 05.09.2011 · 09:47 · 1 min
Capital Market

Romania’s Stake In Proprietatea Fund Drops To 9.15% In August

Romanian Finance Ministry’s holding in investment fund Fondul Proprietatea (FP.RO) fell to 9.15% in August from 12.39% a month earlier, after the national property restitution authority ANRP...

Florentina Dragu · 02.09.2011 · 18:23 · 1 min
Capital Market

Leu Moves Lower Vs Euro On Negative Sentiment

Romania’s leu weakened against the euro Friday, in line with the currencies in the region, and closed 0.2% lower at 4.2425/4.245 units, from 4.233/4.2335 units a day earlier.

Florentina Dragu · 02.09.2011 · 17:12 · 1 min