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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Leu Recovers Vs Euro, Closes Flat At 4.47
Capital Market

Leu Recovers Vs Euro, Closes Flat At 4.47

Romania’s leu recovered against the euro in late trade Wednesday to finish the session flat at 4.4685/4.47 units, amid growing volumes.

Florentina Dragu · 16.04.2014 · 16:16 · 1 min
Leu’s Exchange Rate Hits 3-Week Low Of 4.4762 Vs Euro
Capital Market

Leu’s Exchange Rate Hits 3-Week Low Of 4.4762 Vs Euro

The Romanian leu weakened against the euro by midday Wednesday and the central bank’s reference depreciated to 4.4762 units, the lowest level in three weeks.

Florentina Dragu · 16.04.2014 · 13:26 · 1 min
Banks-Insurance

Romania Taps Foreign Bond Market For EUR1.25B

Romania’s Finance Ministry on Tuesday raised EUR1.25 billion at a 10-year Eurobond sale in international markets, with the annual yield falling to a record low of 3.7% a year.

Florentina Dragu · 16.04.2014 · 13:20 · 1 min
Proprietatea Fund 1Q Loss Widens To RON79M
Capital Market

Proprietatea Fund 1Q Loss Widens To RON79M

Romanian investment fund Fondul Proprietatea Tuesday reported a loss of roughly 79 million lei (EUR19 million) for the first quarter, sharply wider from RON5.57 million in the year-earlier p...

Florentina Dragu · 15.04.2014 · 19:44 · 1 min
Bucharest Stock Exchange To Introduce Trading-At-Last May 5
Capital Market

Bucharest Stock Exchange To Introduce Trading-At-Last May 5

The Bucharest Stock Exchange will amend its trading hours to include the run-off or trading-at-last option, the market operator said in a statement Tuesday.

Florentina Dragu · 15.04.2014 · 19:33 · 1 min
Capital Market

Leu Loses Earlier Gains, Closes Down At 4.47 Vs Euro

Romania’s leu lost its earlier gains versus the euro in late trade Tuesday to finish the session at 4.468/4.4705 units, slightly weaker from 4.466/4.468 units in the previous day.

Florentina Dragu · 15.04.2014 · 16:53 · 1 min
Romania SIF Muntenia Not To Pay Dividend For 2013
Capital Market

Romania SIF Muntenia Not To Pay Dividend For 2013

The shareholders of Romanian regional fund SIF Muntenia (SIF4.RO) on Tuesday resolved not to distribute dividends from the 2013 net profit and to incorporate the earnings into the fund’s res...

Florentina Dragu · 15.04.2014 · 15:53 · 1 min
APIA: 1Q Passenger Car Sales Rise 19% On Year To 15,320 Units
Automotive

APIA: 1Q Passenger Car Sales Rise 19% On Year To 15,320 Units

Romanian new passenger car sales rose 19.1% to 15,320 vehicles in the first quarter from the year-earlier period, the highest increase since 2007, the Automotive Manufacturers and Importers...

Florentina Dragu · 15.04.2014 · 15:32 · 1 min
Raiffeisen Banca pentru Locuinte 2013 Net Profit Triples On Year
Banks-Insurance

Raiffeisen Banca pentru Locuinte 2013 Net Profit Triples On Year

Romanian housing bank Raiffeisen Banca pentru Locuințe (RBL) on Tuesday said its net profit tripled on the year to over 1.7 million lei (EUR0.38 million) in 2013, as revenues rose while cost...

Florentina Dragu · 15.04.2014 · 15:02 · 1 min
Leu Inches Up Vs Euro, Exchange Rate At 4.4646
Capital Market

Leu Inches Up Vs Euro, Exchange Rate At 4.4646

The Romanian leu advanced modestly against the euro by midday Tuesday and the central bank’s reference appreciated to 4.4646 units, from 4.4695 units in the previous session.

Florentina Dragu · 15.04.2014 · 13:27 · 1 min
SIF Banat-Crisana Won’t Pay Dividend In 2014
Capital Market

SIF Banat-Crisana Won’t Pay Dividend In 2014

Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) has decided not to pay a dividend on the 2013 net profit and replenish its reserves instead, the fund said Tuesday.

Florentina Dragu · 15.04.2014 · 13:17 · 1 min
Romania Raises RON75M In Non-competitive Bond Auction
Banks-Insurance

Romania Raises RON75M In Non-competitive Bond Auction

Romania’s Finance Ministry on Tuesday raised a planned 75 million lei (EUR16.78 million) at a supplementary non-competitive tender for its June 2019-dated bond reopened yesterday.

Florentina Dragu · 15.04.2014 · 12:41 · 1 min