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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Energy

OMV Petrom 1Q Gas Sales Down 0.7% On Year

Romanian leading oil company OMV Petrom (SNP.RO) reported a 0.7% decline in natural gas sales to 1.46 billion cubic meters in the first quarter, from 1.47 billion cubic meters in the year-ea...

Florentina Dragu · 28.04.2011 · 11:29 · 1 min
Capital Market

Bucharest Bourse Opens Higher Amid Positive International Sentiment

Bucharest shares opened higher Thursday, tracking the main west European markets, while liquidity increased to 1.06 million lei (EUR261,253), from around RON684,000 a day earlier.

Florentina Dragu · 28.04.2011 · 11:27 · 1 min
Capital Market

Leu Slightly Up Vs Euro In Early Trade

Romania’s leu advanced modestly against the euro in early trade Thursday, tracking its peers in the region, after the US Federal Reserve said it would keep interest rates close to zero level...

Florentina Dragu · 28.04.2011 · 11:26 · 1 min
Banks-Insurance

Erste Group's 1Q Net Profit +2.1% On Year To EUR260.6M

Austria's Erste Group Bank AG (EBS.RO) Thursday said its net profit rose 2.1% on the year to EUR260.6 million in the first quarter, on lower risk costs, despite negative impact from banking...

Florentina Dragu · 28.04.2011 · 10:09 · 2 min
Analysis

INS: Executives See Economic Activity Slightly Up In Q2

Romanian companies estimate economic activity will pick up in the second quarter of 2011 from a quarter before, with the constructions sector set up to improve more vigorously, the statistic...

Florentina Dragu · 28.04.2011 · 10:04 · 1 min
Banks-Insurance

BCR 1Q Net Profit Falls 68.7% To RON76.1M

Romanian leading bank group Banca Comerciala Romana (BCR) Thursday reported a 68.7% drop in its net profit after minorities and taxes to 76.1 million lei (EUR18.6 million) in the first quart...

Florentina Dragu · 28.04.2011 · 10:02 · 2 min
Capital Market

Alum Tulcea Ups Capital To RON491.4M

Romanian calcined alumina producer Alum Tulcea (BBGA.RO) will increase its share capital by 22 million lei (EUR5.4 million) to RON491.4 million through cash injection from shareholders, the...

Florentina Dragu · 27.04.2011 · 20:36 · 1 min
Capital Market

Electroputere Sees RON12.8M In 2011 Net Profit

Romanian electric engine maker Electroputere Craiova (EPT.RO) estimates it will swing to profit in 2011, after five consecutive years of losses.

Florentina Dragu · 27.04.2011 · 20:35 · 1 min
Capital Market

Franklin Templeton To Advise On Proprietatea Fund International Listing Before July

Franklin Templeton Investment Management, administrator of Romanian investment fund Fondul Proprietatea (FP.RO), will make a recommendation by end June regarding the possible listing on an i...

Florentina Dragu · 27.04.2011 · 18:22 · 1 min
Capital Market

Leu Recovers Vs Euro Amid High Volumes

Romania’s leu reverted early losses against the euro in late trade Wednesday, aided by foreign currency sales and amid higher volumes.

Florentina Dragu · 27.04.2011 · 17:46 · 1 min
Capital Market

Romania To Sell 3-Year Foreign Currency Bonds Next Week - Sources

Romania’s Finance Ministry plans to issue a three-year foreign currency bond issue on the local market next week, the sixth such debt sale in the last two years, people familiar with the mat...

Florentina Dragu · 27.04.2011 · 17:05 · 1 min
Media

RCS&RDS Sells Preference Shares To Staff

Romanian telecom and internet provider RCS&RDS plans to sell preference stock to its staff and inter-group companies, according to a summoning notice to its shareholders.

Florentina Dragu · 27.04.2011 · 16:21 · 1 min