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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
E.ON Romania Buys Minority Stakes In Local Units For EUR31.5M
Energy

E.ON Romania Buys Minority Stakes In Local Units For EUR31.5M

E.ON Romania, a unit of Germany’s utility E.ON, has paid the Romanian government EUR31.5 million for a batch of shares in its local units E.ON Energie Romania and E.ON Moldova Distributie, t...

Florentina Dragu · 08.04.2014 · 13:19 · 1 min
E.ON Scraps Thermal Power Project In Romania, Cites Adverse Market Conditions
Energy

E.ON Scraps Thermal Power Project In Romania, Cites Adverse Market Conditions

Germany’s utility E.ON gave up plans to co-finance the construction of an 800-megawatt thermal power plant in eastern Romania because of adverse market conditions, the head of E.ON Romania s...

Florentina Dragu · 08.04.2014 · 12:50 · 1 min
E.ON Romania 2013 Consolidated Sales Down 10.5% To RON4.65B
Energy

E.ON Romania 2013 Consolidated Sales Down 10.5% To RON4.65B

E.ON Romania, a unit of German utility E.ON, on Tuesday said its consolidated sales declined 10.5% on the year to 4.65 billion lei (EUR1.05 billion) in 2013, largely due to lower gas and pow...

Florentina Dragu · 08.04.2014 · 12:34 · 1 min
Banks-Insurance

Romania Raises RON14M In Non-competitive Bond Auction

Romania’s Finance Ministry on Tuesday raised 14.1 million lei (EUR3.16 million) at a supplementary non-competitive tender for its April 2023-dated bond reopened yesterday.

Florentina Dragu · 08.04.2014 · 12:29 · 1 min
Leu Closes Slightly Lower Vs Euro, Attuned To Region
Capital Market

Leu Closes Slightly Lower Vs Euro, Attuned To Region

Romania’s leu retreated slightly against the euro in a quiet session Monday, tracking the currencies in the region amid weak investor appetite.

Florentina Dragu · 07.04.2014 · 16:46 · 1 min
Leu Stable Vs Euro, Exchange Rate At 4.463
Capital Market

Leu Stable Vs Euro, Exchange Rate At 4.463

The Romanian leu moved in a tight range against the euro by midday Monday and the central bank’s reference weakened modestly to 4.463 units, from 4.4603 units in the previous session.

Florentina Dragu · 07.04.2014 · 13:30 · 1 min
Romania Sells RON200M 10-Year Bonds At 5.26% Average Yield
Banks-Insurance

Romania Sells RON200M 10-Year Bonds At 5.26% Average Yield

Romania’s Finance Ministry on Monday raised a planned 200 million lei (EUR44.8 million) in a reopening of its 10-year bond due April 2023, at an average yield of 5.26% a year, modestly lower...

Florentina Dragu · 07.04.2014 · 13:22 · 1 min
BCR: Leu-Denominated Consumer Loans Exceeded RON1.5B In 2013
Banks-Insurance

BCR: Leu-Denominated Consumer Loans Exceeded RON1.5B In 2013

Romania’s largest lender Banca Comerciala Romana, or BCR, has extended leu-denominated consumer loans exceeding 1.5 billion lei (EUR336 million) in 2013, the bank said in a statement Monday.

Florentina Dragu · 07.04.2014 · 12:19 · 1 min
Bucharest Stocks Close Slightly Higher In Thin Trading
Capital Market

Bucharest Stocks Close Slightly Higher In Thin Trading

The Bucharest shares posted small gains in thin volumes Friday, amid a quiet market.

Florentina Dragu · 04.04.2014 · 18:39 · 1 min
Romania To Tap International Debt Market For Second Time In 2014
Banks-Insurance

Romania To Tap International Debt Market For Second Time In 2014

Romania’s Finance Ministry will tap bond markets in the next two weeks for the second time this year, bank sources said Friday.

Florentina Dragu · 04.04.2014 · 18:39 · 1 min
Hidroelectrica Sells RON58.5M Worth Of Electricity
Energy

Hidroelectrica Sells RON58.5M Worth Of Electricity

Romania’s insolvent energy producer Hidroelectrica on Friday sold electricity worth 58.46 million lei (EUR13.1 million) on the local power exchange OPCOM, exchange data showed.

Florentina Dragu · 04.04.2014 · 18:10 · 1 min
Rompetrol Rafinare Expects Narrower Loss In 2014
Energy

Rompetrol Rafinare Expects Narrower Loss In 2014

Romanian Rompetrol Rafinare (RRC.RO), the refining unit of the country's second-largest oil group KMG International, expects its loss will narrow 35.4% on the year to $63.92 million in 2014,...

Florentina Dragu · 04.04.2014 · 18:01 · 1 min