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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
INS: Tourist Arrivals Up 3.5% On Year In 2013
Macroeconomics

INS: Tourist Arrivals Up 3.5% On Year In 2013

Arrivals at Romanian tourism accommodation establishments rose 3.5% in 2013 from a year earlier, while overnight staying increased 1.1%, data from the statistics institute INS showed Monday.

Florentina Dragu · 03.02.2014 · 10:18 · 1 min
Romania 2013 Adjusted Retail Sales Up 0.4% On Year
Retail&Consumer

Romania 2013 Adjusted Retail Sales Up 0.4% On Year

Romanian adjusted retail sales inched up 0.4% in 2013 compared with the previous year, fueled by higher demand for non-food items, the statistics institute INS said Monday.

Florentina Dragu · 03.02.2014 · 10:08 · 1 min
Leu Edges Higher Vs Euro On Growing Volumes
Capital Market

Leu Edges Higher Vs Euro On Growing Volumes

Romania’s leu advanced slightly against the euro Friday to finish the session just below 4.5 units, amid growing volumes.

Florentina Dragu · 31.01.2014 · 17:04 · 1 min
BNR May Cut Key Rate To 3.5% Tuesday – Poll
Banks-Insurance

BNR May Cut Key Rate To 3.5% Tuesday – Poll

Romanian analysts estimate the central bank will cut its monetary policy rate by a quarter of a point to 3.5% at the upcoming meeting February 4, a survey from the Association of Romanian Fi...

Florentina Dragu · 31.01.2014 · 15:39 · 1 min
Leu’s Exchange Rate Firms To New 3-Week High Of 4.4978 Vs Euro
Capital Market

Leu’s Exchange Rate Firms To New 3-Week High Of 4.4978 Vs Euro

The Romanian leu appreciated against the euro by midday Friday and the central bank’s reference strengthened for the fifth consecutive session to 4.4978 units, a new record high for the past...

Florentina Dragu · 31.01.2014 · 13:25 · 1 min
Romania Plans EUR200M 5-Year Eurobond February 20
Banks-Insurance

Romania Plans EUR200M 5-Year Eurobond February 20

Romania’s Finance Ministry plans to raise EUR200 million in a reopening of its January 2019 Eurobond at a local auction scheduled for February 20, the ministry said Friday.

Florentina Dragu · 31.01.2014 · 13:04 · 1 min
Econ Ministry: Parker UK Considering Romania For New Hydraulic Cylinder Plant
Automotive

Econ Ministry: Parker UK Considering Romania For New Hydraulic Cylinder Plant

The British arm of U.S. motion and control systems manufacturer Parker Hannifin Corp is considering opening a new production line for hydraulic cylinders and is looking to Romania as a possi...

Florentina Dragu · 31.01.2014 · 12:33 · 1 min
BCR Appoints New Chief Financial Officer
Banks-Insurance

BCR Appoints New Chief Financial Officer

Romania’s largest bank BCR, a unit of Austrian Erste Group Bank AG (EBS.RO), has appointed Adriana Jankovicova as its new Chief Financial Officer, effective March 1, the lender said in a sta...

Florentina Dragu · 31.01.2014 · 11:07 · 1 min
INS: December Jobless Rate Falls Slightly To 7.1%
Macroeconomics

INS: December Jobless Rate Falls Slightly To 7.1%

Romania's unemployment rate inched down to 7.1% in December 2013, from 7.3% a month earlier, seasonally adjusted data from the statistics institute INS showed Friday.

Florentina Dragu · 31.01.2014 · 10:12 · 1 min
Bucharest Stocks Close Mostly Lower; BRD, Petrom Rise
Capital Market

Bucharest Stocks Close Mostly Lower; BRD, Petrom Rise

Bucharest shares closed mixed Thursday, with most of the indices ending in red despite a slightly positive sentiment in international markets following upbeat US economic growth data.

Florentina Dragu · 30.01.2014 · 19:17 · 1 min
Hidroelectrica Sells 3 Micro Power Plants For RON11.2M
Energy

Hidroelectrica Sells 3 Micro Power Plants For RON11.2M

Romanian hydropower generator Hidroelectrica sold just three out of 14 micro power plants auctioned off last week, for which it raised 11.2 million lei (EUR2.5 million), the company said in...

Florentina Dragu · 30.01.2014 · 15:27 · 1 min
Romania Economic Sentiment Weakens For 2nd Month In January
Macroeconomics

Romania Economic Sentiment Weakens For 2nd Month In January

Investor sentiment regarding the outlook of the Romanian economy fell for the second consecutive months in December, amid weakening confidence in retail, constructions and industry, a survey...

Florentina Dragu · 30.01.2014 · 14:31 · 1 min