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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
ING: Central Bank’s Forex Interventions Up To EUR1B In May
Capital Market

ING: Central Bank’s Forex Interventions Up To EUR1B In May

Romanian central bank is likely to have injected between EUR700 million and EUR1 billion in the money market in the first half of May to ease the leu’s appreciation against the euro, ING Ban...

Florentina Dragu · 02.06.2011 · 12:32 · 1 min
Capital Market

Proprietatea Fund Seeks Buyers For 8.63% In Metal Recycler

Romanian investment fund Fondul Proprietatea (FP.RO) plans to sell at auction its 8.63% stake in paper and metal recycler Celuloza si Otel Timisoara, the fund said in a statement Thursday.

Florentina Dragu · 02.06.2011 · 12:06 · 1 min
Capital Market

Bucharest Stock Opens Down; Oltchim Skyrockets On Speculative Buying

Bucharest shares opened down Thursday morning, mirroring west-European markets, while chemical company Oltchim (OLT.RO) continued to rally amid speculative trading.

Florentina Dragu · 02.06.2011 · 11:50 · 1 min
Capital Market

Leu Down Vs Euro In Early Trade

The leu edged lower against the euro in a quiet Thursday morning, tracking the currencies in the region.

Florentina Dragu · 02.06.2011 · 10:52 · 1 min
INS: Construction Of New Homes Down 4.5% In Jan-Mar
Real Estate

INS: Construction Of New Homes Down 4.5% In Jan-Mar

Romanian housing construction slid 4.5% to 7,985 units in the first quarter from the year-earlier period, as builders broke ground on fewer new homes in urban areas, the country’s statistics...

Florentina Dragu · 02.06.2011 · 10:38 · 1 min
INS: Romania 1Q Net Investment -3% On Year To RON9.8B
Macroeconomics

INS: Romania 1Q Net Investment -3% On Year To RON9.8B

Romanian net investments fell 2.9% to 9.8 billion lei (EUR2.37 billion) in the first quarter from the year-earlier period, due to falling activity in most sectors, the country’s statistics i...

Florentina Dragu · 02.06.2011 · 10:37 · 1 min
Macroeconomics

INS: Industrial Producer Prices Stable In April

Romania’s industrial producer price index was unchanged in April from a month earlier, largely held back by a 1.1% decline in the mining sector, the country’s statistics institute INS said T...

Florentina Dragu · 02.06.2011 · 10:37 · 1 min
Automotive

Dacia Registrations In Spain Fall 34% In Jan-May

Spanish car importers’ association ANIACAM Wednesday said new registrations of Romanian-manufactured Dacia models fell 34% on the year to 5,771 units in January to May, amid an overall marke...

Florentina Dragu · 01.06.2011 · 18:31 · 1 min
Energy

Moratti’s Saras Develops 160 MW Windfarm Projects In Romania - Sources

Italian energy company Saras, chaired by Internazionale Milan’s owner Massimo Moratti, is developing wind energy projects in Romania’s southeastern region of Dobrogea with a total capacity o...

Florentina Dragu · 01.06.2011 · 18:14 · 1 min
Capital Market

Leu Weakens Vs Euro Amid Growing Forex Demand

The leu edged lower against the euro in late trade Wednesday, pushed by higher demand for foreign currency, and closed slightly weaker on the day at 4.1325/4.1338 per euro.

Florentina Dragu · 01.06.2011 · 17:06 · 1 min
Macroeconomics

Romania's Forex Reserves Rise To EUR32.7B In May

Romanian foreign exchange reserves rose to EUR32.7 billion in May from EUR32.07 billion a month earlier, central bank data showed Wednesday.

Florentina Dragu · 01.06.2011 · 14:03 · 1 min
Capital Market

Leu In Ranges Vs Euro, Exchange Rate At 4.1297

Romania’s leu traded in ranges against the euro in mid session Wednesday, while the central bank’s reference weakened 0.2% to 4.1297 units, from 4.1208 units a day earlier.

Florentina Dragu · 01.06.2011 · 13:51 · 1 min