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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Romania May Extend Petrom Bid Deadline Due To Low Uptake - Sources
Capital Market

Romania May Extend Petrom Bid Deadline Due To Low Uptake - Sources

Romanian authorities might have to extend or even reschedule a secondary offering for a 9.84% stake in dominant oil company OMV Petrom (SNP.RO), due to a low level of subscriptions, people f...

Florentina Dragu · 22.07.2011 · 12:29 · 1 min
OMV: Petrom Gas Sales Up 19% On Year In 2Q
Energy

OMV: Petrom Gas Sales Up 19% On Year In 2Q

Romanian leading oil company OMV Petrom (SNP.RO) reported a 19% increase in natural gas sales to 1.05 billion cubic meters in the second quarter, from 0.89 billion cubic meters in the year-e...

Florentina Dragu · 22.07.2011 · 11:29 · 1 min
Capital Market

Leu Opens Higher Vs Euro, In Line With Neighbors

The leu opened higher against the euro Friday, amid a positive sentiment in the region after the eurozone leaders agreed on a second EUR159 billion bailout for Greece.

Florentina Dragu · 22.07.2011 · 10:58 · 1 min
Banks-Insurance

Fitch: Romanian NPLs Poised To Peak By Year-End

Romanian non-performing loans are likely to peak to around 14% to 16% of total loans by year-end, from 13% of total in April, a report from Fitch Ratings showed Thursday.

Florentina Dragu · 22.07.2011 · 09:27 · 2 min
Capital Market

Bucharest Bourse OKs Brent Crude Oil, Silver Features Trade

The Bucharest Stock Exchange Thursday said Brent Crude Oil Futures and Silver Futures contracts will be traded on its platform as of July 26.

Florentina Dragu · 21.07.2011 · 17:53 · 1 min
Capital Market

Leu Dips Vs Euro, Unlike Neighbors

Romania’s leu weakened slightly against the euro in a sleepy session Thursday, despite a positive sentiment in the region after eurozone leaders proposed a second bailout for troubled Greece...

Florentina Dragu · 21.07.2011 · 17:32 · 1 min
Capital Market

Raiffeisen Cuts Transgaz Target Price To RON250/Share

Raiffeisen Capital&Investment Thursday cut by 3% to 249.5 lei (EUR58.7) a share its 12-month target price on Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO), while...

Florentina Dragu · 21.07.2011 · 16:34 · 1 min
Banks-Insurance

Romania Sells RON388M In 10-Year Bonds At 7.46% Average Yield

Romania’s Finance Ministry on Thursday sold 387.9 million lei (EUR91.4 million) in 10-year treasury bonds, slightly above the planned amount, at an average yield of 7.46% a year.

Florentina Dragu · 21.07.2011 · 14:34 · 1 min
APIA: Car Sales Down 18% YY To 42,233 Units In 1H
Automotive

APIA: Car Sales Down 18% YY To 42,233 Units In 1H

Romanian new passenger car sales fell 18.3% to 43,233 units in January to June, from 52,911 units in the year-earlier period, the Automotive Manufacturers and Importers Association, or APIA,...

Florentina Dragu · 21.07.2011 · 13:25 · 1 min
Capital Market

Leu Down Vs Euro, Exchange Rate At 4.2454

Romania’s leu lost early gains versus the euro by mid trade Thursday and the central bank’s reference weakened slightly to 4.2454 units, from 4.243 units a day earlier.

Florentina Dragu · 21.07.2011 · 13:23 · 1 min
Capital Market

Leu Closes Up Vs Euro In Quiet Market

Romania’s leu traded in ranges against the euro in late session Wednesday and closed 0.2% stronger on the day, amid low volumes.

Florentina Dragu · 20.07.2011 · 17:14 · 1 min
Macroeconomics

ANAF: Tax Revenue Up 13% In First Half To RON74.2B

Romania’s fiscal authority ANAF Wednesday reported overall budget revenue of 74.2 billion lei (EUR17.5 billion) in January to June, up 13.05% from the year-earlier period.

Florentina Dragu · 20.07.2011 · 16:53 · 1 min