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24658

Florentina Dragu

Translator RO-EN

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

Sums Parked At BNR Rise To RON51.4B In July

Overnight deposits at Romania’s central bank BNR reached a combined amount of 51.4 billion lei (EUR12 billion) in July, up 12.8% on the month, central bank data showed Tuesday.

Florentina Dragu · 09.08.2011 · 17:51 · 1 min
Capital Market

Leu Closes Down 0.4% Vs Euro In Calm Session

Romania’s leu traded near 4.26 per euro in late session Tuesday and closed 0.4% weaker on the day at 4.2615/4.2635 units, from 4.242/4.244 units a day earlier.

Florentina Dragu · 09.08.2011 · 17:45 · 1 min
Capital Market

Romanian Investment Funds Assets Up 1.1% To RON7.03B In July

Romanian investment funds posted combined assets of 7.03 billion lei (EUR1.65 billion) in July, up 1.1% on the month, Fund Managers Association data showed Tuesday.

Florentina Dragu · 09.08.2011 · 15:59 · 1 min
Boc Says Industry, Exports Slowdown In June May Affect Romania 2Q GDP Growth
Macroeconomics

Boc Says Industry, Exports Slowdown In June May Affect Romania 2Q GDP Growth

Romanian second-quarter economic growth was likely affected by a slowdown in industrial production and exports, Prime Minister Emil Boc said Tuesday.

Florentina Dragu · 09.08.2011 · 14:21 · 1 min
Banks-Insurance

BCR Banca pentru Locuinte 1H Profit Triples To RON3M

BCR Banca pentru Locuinte, the housing finance unit of Romania’s largest bank BCR, reported a profit of 3 million lei (EUR0.7 million) in the first half, over threefold higher on the year, t...

Florentina Dragu · 09.08.2011 · 13:09 · 1 min
Energy

OMV Petrom Awards EUR248M Onshore Drilling Contracts

Romania’s leading oil company OMV Petrom (SNP.RO) has awarded drilling contracts for eight onshore fields worth EUR248 million, value added tax excluded, the company said in a statement Mond...

Florentina Dragu · 08.08.2011 · 19:38 · 1 min
Energy

Romania Hires Salans As Legal Consultant For Romgaz Listing

Romania's Economy Ministry has selected international law firm Salans to provide consultancy services for the sale of a 15% stake in natural gas producer Romgaz Medias, the law firm said in...

Florentina Dragu · 08.08.2011 · 18:27 · 1 min
Retail&Consumer

VES Sighisoara Switches To RON0.5M Loss In 1H

Romanian enameled cookware manufacturer VES Sighisoara (VESY.RO) Monday said it has switched to losses in the first half, versus profits a year earlier, as costs rose at a faster pace than r...

Florentina Dragu · 08.08.2011 · 17:31 · 1 min
Capital Market

Leu Dips Vs Euro In Sleepy Session

Romania’s leu traded in ranges against the euro Monday afternoon and closed slightly weaker on the day, amid a quiet session.

Florentina Dragu · 08.08.2011 · 17:15 · 1 min
Companies

Romania To Pay VAT Refunds Worth RON1.37B In August

Romanian tax authority ANAF will pay value added tax refunds to companies worth 1.37 billion lei (EUR322 million) in August, of which RON344 million represents compensations.

Florentina Dragu · 08.08.2011 · 17:12 · 1 min
Banks-Insurance

Romania Sells RON700M 1-Year T-Bills At 6.3% Average Yield

Romania’s Finance Ministry on Monday sold a planned 700 million lei (EUR165 million) in one-year treasury bills, at an average yield of 6.34% a year, higher than at the previous auction.

Florentina Dragu · 08.08.2011 · 15:44 · 1 min
Energy

Rompetrol Expands Its Bulgarian Network

Rompetrol Bulgaria, a unit of the Netherlands-based group Rompetrol, has opened a new gas station in Levunovo locality, near the border with Greece, the oil group said in a statement Monday.

Florentina Dragu · 08.08.2011 · 15:35 · 1 min