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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

Leu Opens Up Vs Euro, In Line With Region

Romania’s leu opened higher against the euro Monday, amid a positive sentiment in the region after US lawmakers struck a deal to increase the nation’s borrowing ceiling and prevent a possibl...

Florentina Dragu · 01.08.2011 · 11:10 · 1 min
IMF: Romania Inflation Likely To Top 5% In December
Macroeconomics

IMF: Romania Inflation Likely To Top 5% In December

Romanian inflation is likely to ease further over the coming months, but the year-end rate will probably come in above the central bank’s forecast of 5%, the International Monetary Fund said...

Florentina Dragu · 01.08.2011 · 11:03 · 1 min
BRD's Net Profit Falls 23% To RON282M In First Six Months
Banks-Insurance

BRD's Net Profit Falls 23% To RON282M In First Six Months

BRD Societe-Generale (BRD.RO) on Monday reported a 23.3% drop in its first-half net profit to 282 million lei (EUR66.5 million), hurt by weak demand.

Florentina Dragu · 01.08.2011 · 10:41 · 1 min
Banca Transilvania's First Half Net Profit Doubles To RON65.6M
Banks-Insurance

Banca Transilvania's First Half Net Profit Doubles To RON65.6M

Romanian lender Banca Transilvania (TLV.RO) Monday said its first-half net profit nearly doubled on the year to 65.6 million lei (EUR15.5 million), on lower provisioning and higher income fr...

Florentina Dragu · 01.08.2011 · 10:20 · 1 min
Banks-Insurance

Emporiki Bank Romania 1H Revenues Rise 30% To EUR7.95M

Emporiki Bank Romania posted a 30% increase in revenues to EUR7.95 million in the first half, from EUR6.14 million in the same period a year earlier, the mother company, Emporiki Bank of Gre...

Florentina Dragu · 29.07.2011 · 20:55 · 1 min
Automotive

Turbomecanica 1H Loss Narows To RON6.7M

Romanian turbojet parts maker Turbomecanica Bucuresti (TBM.RO) Friday said its loss narrowed 30% to 6.7 million lei (EUR1.6 million) in the first half, from RON9.6 million in the year-earlie...

Florentina Dragu · 29.07.2011 · 20:54 · 1 min
Capital Market

KBC Securities Retains Top Broker Place For 7th Month In Bucharest

Brokerage firm KBC Securities Romania was the most active broker on the Bucharest stock exchange for the seventh consecutive month in July, with overall deals worth 303.4 million lei (EUR71....

Florentina Dragu · 29.07.2011 · 18:03 · 1 min
Capital Market

Belgium’s KBC Securities Becomes Remote Trader In Bucharest

Belgian brokerage house KBC Securities has received authorization to act as remote participant on the Bucharest Stock Exchange, following the firm’s decision to sell its Romanian subsidiary.

Florentina Dragu · 29.07.2011 · 17:57 · 1 min
Capital Market

Leu Gains Modestly Vs Euro In Quiet Market

Romania’s leu edged higher against the euro Friday, amid low volumes, and closed at 4.2395/4.2405 units, from 4.247/4.25 units a day earlier.

Florentina Dragu · 29.07.2011 · 17:08 · 1 min
Banks-Insurance

Erste Expects Romanian Lending To Pick Up In Coming Months

Erste Group Bank AG (EBS.RO) Chief Executive Officer Andreas Treichl estimated Friday Romanian lending will pick up over the next period as the economy rebounds from the crisis.

Florentina Dragu · 29.07.2011 · 15:11 · 1 min
Erste CEO: I’ll Do Everything In My Power To Avoid BCR’s Listing
Banks-Insurance

Erste CEO: I’ll Do Everything In My Power To Avoid BCR’s Listing

Erste Group Bank AG (EBS.RO) Chief Executive Officer Andreas Treichl said Friday he would do “everything in his power” to avoid a potential listing of its Romanian unit Banca Comerciala Roma...

Florentina Dragu · 29.07.2011 · 13:56 · 1 min
Leu In Ranges Vs Euro, Exchange Rate At 4.2403
Capital Market

Leu In Ranges Vs Euro, Exchange Rate At 4.2403

The leu traded near 4.24 against the euro by mid-session Friday and the central bank’s reference firmed slightly to 4.2403 units, from 4.2445 units a day earlier.

Florentina Dragu · 29.07.2011 · 13:56 · 1 min