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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

Romania Plans To Sell EUR600M 3-Yr FX Bonds Wednesday

Romania’s Finance Ministry plans to raise at least EUR600 million at a three-year foreign currency bonds May 4 to finance the budget deficit and refinance public debt, the Finance Ministry s...

Florentina Dragu · 29.04.2011 · 13:02 · 1 min
Capital Market

Leu Ends Down Vs Euro In Quiet Trade

Romania’s leu retreated modestly against the euro amid a quiet session Thursday and closed at 4.079/4.081 units, from 4.068/4.0695 units a day earlier.

Florentina Dragu · 28.04.2011 · 17:11 · 1 min
Banks-Insurance

Millennium Bank Romania 1Q Loss Narrows To EUR6.4M

Millennium Bank Romania, a unit of Portugal’s largest listed bank Millennium bcp, Thursday reported a loss of EUR6.4 million in the first quarter, narrower from EUR7.4 million in the year-ea...

Florentina Dragu · 28.04.2011 · 16:39 · 1 min
Energy

OMV Petrom Asks RON92M Refunds For Eco-Friendly Works

Romania’s leading oil company OMV Petrom (SNP.RO) has requested the state issue refund payments of 91.68 million lei (EUR22.5 million) for environment decontamination works at some of its de...

Florentina Dragu · 28.04.2011 · 16:18 · 1 min
Energy

Gazprom’s Deliveries To Romania Up 4% To 2.6 Bcm In 2010

Russian natural gas giant Gazprom delivered 2.6 billion cubic meters of gas to Romania in 2010, up 4% on the year, the group said in a report Thursday.

Florentina Dragu · 28.04.2011 · 15:44 · 1 min
Capital Market

BNR Pumps RON404M In 4-Day Repurchase Operation

Romania’s central bank BNR on Thursday injected 403.7 million lei (EUR99.04 million) into the money market in a four days repurchase agreement operation at an interest rate of 6.25% a year,...

Florentina Dragu · 28.04.2011 · 14:00 · 1 min
Capital Market

Leu Loses Gains Vs Euro, Exch Rate At 4.076

Romania’s leu lost early gains versus the euro in mid trade Thursday, as investors took profits, while the central bank’s reference strengthened slightly to 4.076 units, from 4.0767 units a...

Florentina Dragu · 28.04.2011 · 13:39 · 1 min
Banks-Insurance

Erste: BCR Sold EUR84.6M Retail NPLs In Q1

Romanian leading bank group Banca Comerciala Romana (BCR) has sold non-performing retail loans worth EUR84.6 million in the first quarter, majority lender Erste Group Bank AG (EBS.RO) said T...

Florentina Dragu · 28.04.2011 · 13:19 · 1 min
Banks-Insurance

Finance Ministry Plans To Sell RON4.8B Treasuries In May

Romania’s Finance Ministry plans to sell state paper worth 4.8 billion lei (EUR1.17 billion) in May, down from RON6.1 billion sold a month earlier, ministry data showed Thursday.

Florentina Dragu · 28.04.2011 · 13:18 · 1 min
Automotive

Compa Sibiu Sees 2011 Net Profit Rising 17.5% To RON11.2M

Romanian car parts maker Compa Sibiu (CMP.RO) expects a 17.5% increase in net profit to 11.2 million lei (EUR2.7 million) in 2011, on higher sales, the company said in a statement Thursday.

Florentina Dragu · 28.04.2011 · 12:16 · 1 min
Capital Market

Mechel Targoviste Sees Narrower Loss In 2011

Romanian steel maker Mechel Targoviste (COS.RO) expects 2011 losses will narrow substantially, as revenues are seen growing by 36.7% to RON1.25 billion (EUR306 million).

Florentina Dragu · 28.04.2011 · 12:03 · 1 min
Banks-Insurance

Erste Lists Two Knock-Out Certificates On Proprietatea Stock In Bucharest

Austria's Erste Group Bank AG (EBS.RO) will launch in Bucharest Friday two knock-out (turbo) certificates on the stock of Romanian investment fund Fondul Proprietatea (FP.RO).

Florentina Dragu · 28.04.2011 · 11:38 · 1 min