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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

Fitch Affirms Romania’s Banca Transilvania, UniCredit Tiriac Bank And ProCredit Bank

Fitch Ratings has affirmed its rating on Romanian lenders Banca Transilvania (TLV.RO), UniCredit Tiriac Bank and ProCredit Bank Romania, the agency said in a statement Friday.

Florentina Dragu · 22.07.2011 · 18:50 · 1 min
Analysis

ZEW: Romania 6-Month Economic Outlook Slides 4.6 Points In July

Romanian economic outlook for the next six months declined for the second consecutive month in July, but the country reclaimed top position as the most attractive CEE business destination, a...

Florentina Dragu · 22.07.2011 · 18:46 · 1 min
Macroeconomics

EBRD Raises Romania GDP Forecast To +1.9% In 2011

The European Bank for Reconstruction and Development Friday revised upward its forecast for Romanian economic growth to 1.9% in 2011, from 1.8% previously, citing improved economic prospects...

Florentina Dragu · 22.07.2011 · 18:21 · 1 min
Capital Market

Leu Loses Ground Vs Euro After Failed Petrom Sale

Romania’s leu lost part of its earlier gains versus the euro in late trade Friday, after the state failed to sell a 9.84% stake in oil company OMV Petrom (SNP.RO), due to weak demand.

Florentina Dragu · 22.07.2011 · 17:41 · 1 min
Capital Market

Renaissance Blames Market Conditions For Petrom’s Failed Offering

Romania’s unsuccessful attempt to sell a 9.84% stake in top oil company OMV Petrom (SNP.RO) at the desired price was due to difficult market conditions and low investor appetite, according t...

Florentina Dragu · 22.07.2011 · 17:28 · 1 min
Energy

Romania To Pay RON5.7B For 2011/12 Winter Fuel Stocks - Draft

Romanian Economy Ministry estimates will pay 5.69 billion lei (EUR1.35 billion) to ensure the necessary fuel stock for the 2011/2012 winter, 34% higher on the year, according to a draft gove...

Florentina Dragu · 22.07.2011 · 16:55 · 1 min
Energy

Turceni Power Plant Swings To RON80M Net Profit In 1H

Romanian thermal power producer CE Turceni Friday said it has switched to profit in the first six months, versus losses in the year-earlier period, fueled by a 44% increase in output.

Florentina Dragu · 22.07.2011 · 16:17 · 1 min
Health

Romgermed To Invest EUR20M In New Bucharest Hospital

Romanian private healthcare provider Romgermed will invest EUR20 million in a new hospital that will open in Bucharest next year, a company official said Friday.

Florentina Dragu · 22.07.2011 · 15:29 · 1 min
Weak Demand Hinders Petrom Offering
Capital Market

Weak Demand Hinders Petrom Offering

Romanian authorities will reschedule the sale of a 9.84% stake in dominant oil company OMV Petrom (SNP.RO), after a secondary public offering failed to raise enough interest from investors,...

Florentina Dragu · 22.07.2011 · 15:09 · 1 min
Leu Widens Gains Vs Euro, Exchange Rate At 4.2233
Capital Market

Leu Widens Gains Vs Euro, Exchange Rate At 4.2233

Romania’s leu extended early gains versus the euro by mid-trade Friday and the central bank’s reference strengthened 0.5% to 4.2233 units, from 4.2454 units a day earlier.

Florentina Dragu · 22.07.2011 · 13:29 · 1 min
Synevo Romania 1H Sales Up 33% To EUR12M
Health

Synevo Romania 1H Sales Up 33% To EUR12M

Synevo Romania, the local lab division of Swedish healthcare services provider Medicover, posted a 33% increase in sales to EUR12 million in the first six months, fueled by a growing client...

Florentina Dragu · 22.07.2011 · 13:11 · 1 min
Macroeconomics

Romania May Industrial Orders Fall At 3rd Fastest Pace In EU

Romanian industrial new orders fell 3.7% in May from a month earlier, the third steepest decline in the European Union, official data showed Friday.

Florentina Dragu · 22.07.2011 · 12:48 · 1 min