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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

Bucharest Bourse Operator Appoints New CFO

The Bucharest Stock Exchange has appointed Virgil Adrian Stroia as the new chief financial officer, effective September 15, the market operator said in a statement Wednesday.

Florentina Dragu · 24.08.2011 · 18:13 · 1 min
Automotive

Iproeb Bistrita 1H Net Profit Doubles To RON3.1M

Romanian cable maker Iproeb Bistrita (IPRU.RO) Wednesday said its net profit more than doubled to 3.09 million (EUR0.7 million) in the first half, from RON1.43 million in the year-earlier pe...

Florentina Dragu · 24.08.2011 · 18:04 · 1 min
Capital Market

Leu Rises Slightly Vs Euro In Quiet Trade

Romania’s leu lost most of its early gains versus the euro in late trade Wednesday, but closed slightly higher at 4.254/4.2565 units, from 4.258/4.26 units a day earlier.

Florentina Dragu · 24.08.2011 · 17:15 · 1 min
Petrom Gets 3-Year Extension For Onshore Exploration Rights
Energy

Petrom Gets 3-Year Extension For Onshore Exploration Rights

Romania’s agency for mineral resources ANRM has agreed to extend until September 2014 a series of exploration licenses for onshore fields granted to dominant oil company OMV Petrom (SNP.RO),...

Florentina Dragu · 24.08.2011 · 15:09 · 1 min
Passenger Car Sales Fall 15% On Year To 52,249 Units In January-July
Automotive

Passenger Car Sales Fall 15% On Year To 52,249 Units In January-July

Romanian new passenger car sales fell 15% on the year to 52,249 units in January to July, from 61,288 units in the year-earlier period, the Automotive Manufacturers and Importers Association...

Florentina Dragu · 24.08.2011 · 14:09 · 1 min
Leu Up Vs Euro, Exchange Rate Hits 2-Week High At 4.2488
Capital Market

Leu Up Vs Euro, Exchange Rate Hits 2-Week High At 4.2488

Romania’s leu traded just below 4.25 per euro in the first half of Wednesday’s session, amid growing foreign currency sales, and the central bank’s reference gained 0.2% to 4.2488 units, the...

Florentina Dragu · 24.08.2011 · 13:26 · 1 min
Macroeconomics

Eurostat: Romania June Industrial Orders Fall At 5th Fastest Pace In EU

Romanian industrial new orders fell 3.4% in June from a month earlier, the fifth steepest decline in the European Union, official data showed Wednesday.

Florentina Dragu · 24.08.2011 · 12:35 · 1 min
Banks-Insurance

Societe Generale Buys 0.02% In BRD For RON2.3M

French bank Societe Generale Tuesday paid 2.3 million lei (EUR0.54 million) for a stake of 0.02% in its Romanian unit BRD (BRD.RO).

Florentina Dragu · 23.08.2011 · 19:36 · 1 min
Energy

AECL Inks RON35M Consultancy Deal For Cernavoda Project

EnergoNuclear, a joint venture set up to build two additional reactors at Romania’s sole nuclear power plant in Cernavoda, awarded a contract worth 35.1 million lei (EUR8.2 million) to Atomi...

Florentina Dragu · 23.08.2011 · 17:39 · 1 min
Capital Market

Leu Modestly Up Vs Euro In Calm Trade

Romania’s leu strengthened slightly against the euro amid a quiet session Tuesday and closed at 4.258/4.26 units, from 4.2625/4.2635 units a day earlier.

Florentina Dragu · 23.08.2011 · 17:09 · 1 min
Raiffeisen Cuts Romania GDP Growth Forecast To 2.7% In 2012
Macroeconomics

Raiffeisen Cuts Romania GDP Growth Forecast To 2.7% In 2012

Austrian financial group Raiffeisen Tuesday revised downward its forecast on Romanian economic growth to 2.7% in 2012, from 3.5% previously, due to the negative effects of the faltering reco...

Florentina Dragu · 23.08.2011 · 16:29 · 1 min
Leu Partly Loses Edge Vs Euro, Exchange Rate At 4.2579
Capital Market

Leu Partly Loses Edge Vs Euro, Exchange Rate At 4.2579

Romania’s leu lost part of its early gains versus the euro by mid trade Tuesday, but the central bank’s reference strengthened for the second straight day to 4.2579 units, from 4.2611 units...

Florentina Dragu · 23.08.2011 · 13:35 · 1 min