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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Romania Jobless Rate Inches Up To 5.65% In December
Social/Politics

Romania Jobless Rate Inches Up To 5.65% In December

Romania's unemployment rate edged up to 5.65% in December 2013, from 5.6% a month earlier, data from the country’s employment agency ANOFM showed.

Florentina Dragu · 14.01.2014 · 13:33 · 1 min
Leu Stable Vs Euro, Exchange Rate At 4.526
Capital Market

Leu Stable Vs Euro, Exchange Rate At 4.526

The Romanian leu moved in narrow ranges against the euro by midday Tuesday and the central bank’s reference strengthened for the second consecutive session to 4.526 units, from 4.5366 units...

Florentina Dragu · 14.01.2014 · 13:27 · 1 min
Hidroconstructia Gets EUR60M Syndicated Loan To Finance Operations
Energy

Hidroconstructia Gets EUR60M Syndicated Loan To Finance Operations

Romanian hydro energy construction company Hidroconstructia has taken a EUR60 million syndicated loan to finance working capital, the company said in a statement Tuesday.

Florentina Dragu · 14.01.2014 · 12:32 · 1 min
Leu Recovers Vs Euro, Closes 0.4% Higher
Capital Market

Leu Recovers Vs Euro, Closes 0.4% Higher

Romania’s leu extended its earlier gains versus the euro in late trade Monday and closed 0.4% stronger at 4.5205/4.5215 to the euro.

Florentina Dragu · 13.01.2014 · 17:21 · 1 min
Rompetrol Plans $350M Investment After Government Approves Deal
Energy

Rompetrol Plans $350M Investment After Government Approves Deal

Romania’s second largest oil group Rompetrol has taken preliminary steps to finance new projects worth $350 million as soon as a memorandum with the government is in place, the company said...

Florentina Dragu · 13.01.2014 · 17:13 · 1 min
Romania Sells RON560M 10-Year Bonds At 4.99% Average Yield
Banks-Insurance

Romania Sells RON560M 10-Year Bonds At 4.99% Average Yield

Romania’s Finance Ministry on Monday raised 560.3 million lei (EUR123.5 million) in a reopening of its 10-year bond due June 2021, slightly above the planned amount, at an average yield of 4...

Florentina Dragu · 13.01.2014 · 15:24 · 1 min
ANRE: Industry Gas Price Regulation May Be Lifted Before October
Energy

ANRE: Industry Gas Price Regulation May Be Lifted Before October

Romania could complete its natural gas deregulation program for industrial consumers several months before the October 2014 deadline agreed with the International Monetary Fund, the head of...

Florentina Dragu · 13.01.2014 · 14:29 · 1 min
Leu’s Exchange Rate Firms To 4.5366 Vs Euro
Capital Market

Leu’s Exchange Rate Firms To 4.5366 Vs Euro

The Romanian leu advanced modestly against the euro by midday Monday and the central bank’s reference strengthened around 0.2% to 4.5366 units, from a seven-month low of 4.5447 units in the...

Florentina Dragu · 13.01.2014 · 13:22 · 1 min
Fitch Affirms Romanian Brasov, Oradea At BBB-; Outlooks Stable
Banks-Insurance

Fitch Affirms Romanian Brasov, Oradea At BBB-; Outlooks Stable

Fitch Ratings Friday affirmed at ‘BBB-’ its long-term credit ratings on Romanian cities of Brasov and Oradea, with stable outlooks.

Florentina Dragu · 20.12.2013 · 19:15 · 1 min
Hidroelectrica To Post RON900M Profit In 2013 – Fmr Administrator
Energy

Hidroelectrica To Post RON900M Profit In 2013 – Fmr Administrator

Romanian state-run hydropower generator is expected to post more than 900 million lei (EUR201 million) profit in 2013, equal to the company’s income for the past 11 years, said Remus Borza,...

Florentina Dragu · 20.12.2013 · 18:21 · 1 min
Leu Reverses Earlier Gains, Closes At 4.48 Vs Euro
Capital Market

Leu Reverses Earlier Gains, Closes At 4.48 Vs Euro

Romania’s leu reversed most its earlier gains versus the euro in late trade Friday and finished the session modestly stronger at 4.481/4.483 to the euro.

Florentina Dragu · 20.12.2013 · 16:52 · 1 min
Hidroelectrica, Nuclearelectrica Sole Providers Of Electricity To Households As Of 2014
Energy

Hidroelectrica, Nuclearelectrica Sole Providers Of Electricity To Households As Of 2014

Romanian state-run hydropower generator Hidroelectrica and nuclear power company Nuclearelectrica (SNN.RO) have qualified to deliver electricity to households under a regulated regime as of...

Florentina Dragu · 20.12.2013 · 16:44 · 1 min