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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Oil Terminal Elects New Board Of Directors
Energy

Oil Terminal Elects New Board Of Directors

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) on Friday elected a new board of directors by cumulative voting, the company said in a statement.

Florentina Dragu · 20.12.2013 · 16:08 · 1 min
Romania To Select New Broker For Hidroelectrica IPO January 20
Capital Market

Romania To Select New Broker For Hidroelectrica IPO January 20

Romanian state-run power producer Hidroelectrica in January will select a new broker to assist with the sale of 15% of its shares, following the government’s decision to increase the amount...

Florentina Dragu · 20.12.2013 · 14:56 · 1 min
Romania Raises RON60M In Non-competitive Bond Auction
Banks-Insurance

Romania Raises RON60M In Non-competitive Bond Auction

Romania’s Finance Ministry on Friday raised a planned 60 million lei (EUR13.4 million) at a supplementary non-competitive tender for its August 2016-dated bond reopened yesterday.

Florentina Dragu · 20.12.2013 · 14:33 · 1 min
Leu’s Exchange Rate Strengthens To 4.4754 Vs Euro
Capital Market

Leu’s Exchange Rate Strengthens To 4.4754 Vs Euro

The Romanian leu appreciated against the euro during the first half of the trading session Friday and the central bank’s reference strengthened to 4.4754 units, from a three-month low of 4.4...

Florentina Dragu · 20.12.2013 · 13:26 · 1 min
Bucharest Stock Exchange OKs Raiffeisen Bank As Trading Participant
Capital Market

Bucharest Stock Exchange OKs Raiffeisen Bank As Trading Participant

The Bucharest Stock Exchange on Friday said it has authorized Raiffeisen Bank Romania to provide trading services on its platforms after the lender merged by absorption with its brokerage ar...

Florentina Dragu · 20.12.2013 · 12:24 · 1 min
Nuclearelectrica Sells RON86.2M Worth Of Electricity To Electrica Furnizare
Energy

Nuclearelectrica Sells RON86.2M Worth Of Electricity To Electrica Furnizare

Romanian nuclear power producer Nuclearelectrica (SNN.RO) on Thursday sold 86.2 million lei (EUR19.2 million) worth of electricity to distribution company Electrica Furnizare under 10 deals...

Florentina Dragu · 19.12.2013 · 17:38 · 1 min
Bucharest Stocks Close Higher In Quiet Market
Capital Market

Bucharest Stocks Close Higher In Quiet Market

Bucharest stocks closed higher in a quiet market Thursday, with energy and financial shares posting the biggest increases.

Florentina Dragu · 19.12.2013 · 17:30 · 1 min
Leu Dips Vs Euro, Attuned To Region
Capital Market

Leu Dips Vs Euro, Attuned To Region

Romania’s leu closed slightly lower against the euro Thursday, in line with the currencies in the region.

Florentina Dragu · 19.12.2013 · 17:03 · 1 min
Immofinanz 1H 2013/14 Rental Income In Romania Rises To EUR24.5M
Real Estate

Immofinanz 1H 2013/14 Rental Income In Romania Rises To EUR24.5M

Austrian property investor Immofinanz Thursday said its rental revenues in Romania increased slightly to EUR24.5 million in the first half of the 2013-14 fiscal year, from EUR23.6 million in...

Florentina Dragu · 19.12.2013 · 16:09 · 1 min
Romania Sells RON863.3M 3-Year Bonds At 3.97% Average Yield
Banks-Insurance

Romania Sells RON863.3M 3-Year Bonds At 3.97% Average Yield

Romania’s Finance Ministry on Thursday raised 863.3 million lei (EUR192.6 million) in a reopening of its three-year bond due August 2016, above the planned amount, at an average yield of 3.9...

Florentina Dragu · 19.12.2013 · 15:19 · 1 min
BCR Fired 1,200 Staff In Restructuring Program This Year
Banks-Insurance

BCR Fired 1,200 Staff In Restructuring Program This Year

Romania’s leading bank group Banca Comerciala Romana, or BCR, has laid off 1,200 staff this year under a larger restructuring program announced in late 2012, a senior official of the bank sa...

Florentina Dragu · 19.12.2013 · 14:23 · 1 min
Leu’s Exchange Rate Falls To Fresh 3-Month Low Of 4.4806 Vs Euro
Capital Market

Leu’s Exchange Rate Falls To Fresh 3-Month Low Of 4.4806 Vs Euro

The Romanian leu weakened against the leu by midday Thursday and the central bank’s reference retreated for the third straight day to 4.4806 units, a new record low in the past three months.

Florentina Dragu · 19.12.2013 · 13:45 · 1 min