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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

Austria’s Erste 1H Net Profit Rises 5.2% To EUR496.3M

Austria's Erste Group Bank AG (EBS.RO) Friday said its first-half net profit rose 5.2% on the year to EUR496.3 million on solid operating result and lower risk costs.

Florentina Dragu · 29.07.2011 · 12:45 · 2 min
Central Bank To Leave Key Rate Unchanged At 6.25% - Poll
Banks-Insurance

Central Bank To Leave Key Rate Unchanged At 6.25% - Poll

The central bank is likely to leave its key rate unchanged for the tenth straight time at 6.25% a year at its next monetary policy meeting August 3, the association of financial and banking...

Florentina Dragu · 29.07.2011 · 12:40 · 1 min
Energy

Roibu Gives Up Oltchim Chairman Post, But Stays On As General Manager

Constantin Roibu will leave his position as Board Chairman of the state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO), while continuing to run the company, Roibu said Thursday.

Florentina Dragu · 28.07.2011 · 20:23 · 1 min
Energy

Consumers To Pay RON1.3B In 2011 To Support Romania's Renewable Energy Scheme

Romanian consumers are bound to pay 1.3 billion lei (EUR306 million) this year to support the country’s renewable energy scheme, according to estimations of the energy watchdog ANRE.

Florentina Dragu · 28.07.2011 · 18:05 · 1 min
Capital Market

Leu Closes Down Vs Euro In Quiet Market

Romania’s leu weakened against the euro Thursday and closed 0.34% lower at 4.247/4.25 units, amid low volumes.

Florentina Dragu · 28.07.2011 · 17:09 · 1 min
Capital Market

Romania Reconsiders Proprietatea Fund As Beneficiary Of $865M From Iraq’s Debt

The Romanian government decided to pull investment fund Fondul Proprietatea (FP.RO) from a list of 26 beneficiaries of $977 million from Iraq’s outstanding debt to the state, citing procedur...

Florentina Dragu · 28.07.2011 · 16:26 · 1 min
Banks-Insurance

Millennium Bank Romania First-Half Loss Narrows To EUR10M

Millennium Bank Romania, a unit of Portugal’s largest listed bank Millennium bcp, Thursday reported a loss of EUR10.1 million in the first six months, narrower from EUR13.1 million in the ye...

Florentina Dragu · 28.07.2011 · 14:58 · 1 min
Capital Market

Leu Stable In Mid-Trade, Exchange Rate Weakens 0.3% To 4.2445 Vs Euro

Romania’s leu traded in ranges against the euro by mid-session Thursday and the central bank’s reference weakened 0.3% to 4.2445 units, from 4.2323 units a day earlier.

Florentina Dragu · 28.07.2011 · 13:36 · 1 min
Capital Market

Leu Closes Flat Vs Euro On Low Volumes

Romania’s leu retreated modestly against the euro in late trade Wednesday, amid low levels, and closed little changed on the day at 4.2325/4.2335 units, from 4.2325/4.235 units a day earlier...

Florentina Dragu · 27.07.2011 · 17:00 · 1 min
Energy

Romania Plans Capital Increases Through IPOs At Hidroelectrica, Nuclearelectrica

Romanian Economy Ministry plans to increase by 10% the capital of state-run energy producers Hidroelectrica and Nucleaelectrica through new share offerings, the ministry said in a statement...

Florentina Dragu · 27.07.2011 · 16:37 · 1 min
Romania Sells EUR462.6M 4-Year Forex Bonds At 4.85% Yield
Banks-Insurance

Romania Sells EUR462.6M 4-Year Forex Bonds At 4.85% Yield

Romanian Finance Ministry Wednesday sold EUR462.6 million in four-year foreign currency bonds, below the planned amount, at an average yield of 4.85% a year.

Florentina Dragu · 27.07.2011 · 15:07 · 1 min
Banks-Insurance

Finance Ministry Plans To Sell State Notes Worth RON4B In August

Romania’s Finance Ministry plans to sell state paper worth 4 billion lei (EUR945 million) in August, slightly down from RON4.24 billion sold a month earlier, ministry data showed Wednesday.

Florentina Dragu · 27.07.2011 · 13:47 · 1 min