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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 Hangs On Morning Gains, Exchange Rate At 4.243 Vs Euro

The Romanian leu preserved its early gains versus the euro by mid trade Wednesday and the central bank’s reference strengthened 0.3% to 4.243 units, from 4.256 units a day earlier.

Florentina Dragu · 20.07.2011 · 13:45 · 1 min
Real Estate

CBRE: Romania 1H Retail Space Deliveries Fall To 8-Year Low

Romanian property investors delivered 37,000 square meters of retail area in the first half of the year, the lowest level since 2003, a report from CB Richard Ellis (CBRE) showed Wednesday.

Florentina Dragu · 20.07.2011 · 13:09 · 1 min
Capital Market

Bucharest Stocks Edge Higher In Early Trade

Bucharest shares were slightly higher Wednesday morning, tracking European markets, but investors are still cautious before Thursday’s eurozone summit that could ease fears of a spillover fr...

Florentina Dragu · 20.07.2011 · 10:55 · 1 min
Capital Market

Leu Opens Up Vs Euro, Mirroring Neighbors

The leu opened higher against the euro Wednesday, amid a positive sentiment in the region as euro zone ministers are expected to agree on a favorable solution for the Greek debt crisis.

Florentina Dragu · 20.07.2011 · 10:54 · 1 min
Automotive

Aerostar 1H Net Profit Triples To RON5.8M

Romanian aircraft builder Aerostar Bacau (ARS.RO) Wednesday said its first-half net profit tripled to 5.8 million lei (EUR1.4 million), despite lower sales.

Florentina Dragu · 20.07.2011 · 10:28 · 1 min
Retail&Consumer

ArcelorMittal Roman Board Members Accused Of Closing Bad In-House Deals

Steel pipe maker ArcelorMittal Roman (PTRO.RO) will discuss a request to dismiss all board members who hold positions at other companies in the group, after a minority stockholder accused th...

Florentina Dragu · 19.07.2011 · 19:06 · 1 min
Retail&Consumer

Burcea Looking To Sell 80% Stake In Paralela 45

Businessman Alin Burcea, owner of tour operator Paralela 45, wants to sell up to 80% of his shares to a “big” investor, Burcea told MEDIAFAX Tuesday.

Florentina Dragu · 19.07.2011 · 18:40 · 1 min
Banks-Insurance

BNR: Banking System Net Profit Falls To RON95M In Q2

Romanian banks reported combined net profit of 95.4 million lei (EUR22.4 million) in the second quarter, down from RON313 million a quarter earlier, central bank data showed Tuesday.

Florentina Dragu · 19.07.2011 · 18:26 · 1 min
Capital Market

Leu Ends Higher Vs Euro, Attuned To Region

Romania’s leu firmed versus the euro Tuesday, tracking the currencies in the region, and closed 0.2% stronger on the day, amid a quiet market.

Florentina Dragu · 19.07.2011 · 17:36 · 1 min
Banks-Insurance

Romanian Bank Deposit Guarantee Fund Liquidities Rise To RON2.1B In 1H

Romanian Bank Deposit Guarantee Fund (FGDB) Tuesday reported overall liquidities of 2.1 billion lei (EUR493 million) at the end of June, up by RON400 million from December 2010.

Florentina Dragu · 19.07.2011 · 15:16 · 1 min
Retail&Consumer

Bergenbier: Beer Sales Decline To Slow Down In 2011

Romanian brewer Bergenbier estimates the local beer market will continue to decrease in 2011, but the pace will slow down to single-digit figures, general manager Jens Hoesel said Tuesday.

Florentina Dragu · 19.07.2011 · 14:16 · 1 min
Capital Market

Leu Up Vs Euro, Exchange Rate At 4.256

Romania’s leu extended early gains versus the euro in mid trade Tuesday and the central bank’s reference advanced nearly 0.3% at 4.256 units, from 4.2685 units a day earlier.

Florentina Dragu · 19.07.2011 · 13:32 · 1 min