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24658

Florentina Dragu

Translator RO-EN

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

City Mall Fails To Attract Buyer For Second Time

Bucharest shopping center City Mall failed to attract investors at a second auction following the company’s bankruptcy in November last year and liquidators are looking for alternatives to r...

Florentina Dragu · 18.04.2011 · 13:29 · 1 min
Capital Market

SIF Oltenia Names New Board Chairman, GM

Romanian regional investment fund SIF Oltenia (SIF5.RO) Thursday appointed Tudor Ciurezu as new Board chairman and general manager of the fund, following the resignation of Vasile Salapa.

Florentina Dragu · 14.04.2011 · 20:00 · 1 min
Retail&Consumer

Carrefour 1Q Sales In Romania -0.6% On Year To EUR267M

French retailer Carrefour on Thursday said first-quarter sales in Romania fell 0.6% on the year to EUR267 million, despite a positive a positive impact from a growing territorial network.

Florentina Dragu · 14.04.2011 · 19:08 · 1 min
Companies

Spain’s GED Acquires Romanian Prestige Tours For Undisclosed Sum

Spanish investment fund manager GED Thursday said it purchased the majority stake in Romanian tour operator Prestige Tours, for an undisclosed amount.

Florentina Dragu · 14.04.2011 · 19:05 · 1 min
Banks-Insurance

Romanian Banking Association Elects 2 New Board Members

Romanian Banking Association (ARB) Thursday elected two new members in its Managing Board and approved hiring an executive president.

Florentina Dragu · 14.04.2011 · 19:00 · 1 min
Real Estate

Romania Prefab Eyes Triple Net Profit In 2011

Romanian construction materials maker Prefab (PREH.RO) Thursday estimated a net profit of 10.9 million lei (EUR1=RON4.1021) in 2011, over threefold higher on the year.

Florentina Dragu · 14.04.2011 · 19:00 · 1 min
Retail&Consumer

Sanador Opens 290-Bed Hospital In Bucharest

Romanian private medical services provider Sanador Thursday inaugurated a 290-bed hospital in Bucharest, following an investment of EUR40 million.

Florentina Dragu · 14.04.2011 · 19:00 · 1 min
Analysis

Trade Registry: Fewer Companies Went Belly Up In 1Q

Romania's Trade Registry Thursday said 5,082 companies filed for insolvency in the first quarter, down 18.6% from 6,250 companies in the same period a year earlier.

Florentina Dragu · 14.04.2011 · 18:09 · 1 min
Capital Market

Romania Sells RON289M 5-Year Bonds At 7.38% Average Yield

Romania’s Finance Ministry on Thursday sold 289.14 million lei (EUR1=RON4.1021) in five-year treasury bonds, below the planned amount, while the average yield rose to 7.38% a year.

Florentina Dragu · 14.04.2011 · 17:11 · 1 min
Capital Market

Romanian Leu Closes Up Vs Euro In Quiet Market

Romania’s leu edged higher against the euro amid a quiet session Thursday, unaffected by a negative sentiment in the region as investors took a more cautious approach to risk assets.

Florentina Dragu · 14.04.2011 · 17:01 · 1 min
Banks-Insurance

PwC: Romania NPLs Up 67% On Year In 2010

Romanian non-performing loan market (NPL) rose 67% on the year to EUR5 billion in 2010, the fastest growing pace across 13 European states included in a report from tax and consultancy firm...

Florentina Dragu · 14.04.2011 · 16:22 · 1 min
Banks-Insurance

BRD Pays Dividend Of RON0.18/Share

Shareholders of Romania’s second largest bank BRD-Groupe Societe Generale (BRD.RO) approved paying out a gross dividend of 0.17957 lei (EUR1=RON4.1021) from 2010 profit, 36% lower on the yea...

Florentina Dragu · 14.04.2011 · 16:11 · 1 min