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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Transelectrica To Launch RON200M Bond Wednesday
Capital Market

Transelectrica To Launch RON200M Bond Wednesday

Romanian power grid operator Transelectrica (TEL.RO) will launch December 11 a five-year 200 million lei (around EUR45 million) bond whose proceeds will be used to refinance older loans and...

Florentina Dragu · 10.12.2013 · 17:17 · 1 min
Romania Electricity Consumption Seen Down 4% This Year
Energy

Romania Electricity Consumption Seen Down 4% This Year

Romania’s electricity consumption is expected to fall by around 4% in 2013, less than initially estimated, a director of state-run power grid operator Transelectrica said Tuesday.

Florentina Dragu · 10.12.2013 · 16:39 · 1 min
Green Energy Investment In Romania Set To Slow Down - Energy Watchdog
Energy

Green Energy Investment In Romania Set To Slow Down - Energy Watchdog

Renewable energy investment in Romania is bound to slow down in the next period, an official of the country’s energy watchdog ANRE said Tuesday.

Florentina Dragu · 10.12.2013 · 13:58 · 1 min
Romania Raises RON50M In Non-competitive Bond Auction
Banks-Insurance

Romania Raises RON50M In Non-competitive Bond Auction

Romania’s Finance Ministry on Tuesday raised a planned 50 million lei (EUR11.2 million) at a supplementary non-competitive tender for its April 2020-dated bond reopened yesterday.

Florentina Dragu · 10.12.2013 · 13:57 · 1 min
Leu Down Vs Euro, Exchange Rate At 4.4536
Capital Market

Leu Down Vs Euro, Exchange Rate At 4.4536

The Romanian leu lost its earlier gains versus the euro by midday Tuesday and the central bank’s reference weakened to 4.4536 units, from 4.4518 units in the previous day.

Florentina Dragu · 10.12.2013 · 13:27 · 1 min
Leu Inches Up Vs Euro In Morning Trade
Capital Market

Leu Inches Up Vs Euro In Morning Trade

Romania’s leu edged higher against the euro during early trading hours Tuesday, tracking the currencies in the region.

Florentina Dragu · 10.12.2013 · 10:57 · 1 min
Romania Trade Gap Narrows In October As Exports Hit Record High
Macroeconomics

Romania Trade Gap Narrows In October As Exports Hit Record High

Romania’s trade deficit narrowed in October as exports rose for the second straight month, hitting a record high of EUR4.7 billion, official data showed Tuesday.

Florentina Dragu · 10.12.2013 · 10:00 · 1 min
Romania's Industrial Production Rises In October
Macroeconomics

Romania's Industrial Production Rises In October

Romanian adjusted industrial production rose 1.6% in October compared with a month earlier, on higher output in most sectors, the country’s statistics institute INS said Tuesday.

Florentina Dragu · 10.12.2013 · 10:00 · 1 min
Bucharest Stocks Close Slightly Lower Amid Rising Volume
Capital Market

Bucharest Stocks Close Slightly Lower Amid Rising Volume

The Bucharest market closed slightly lower amid rising volumes Monday, with Fondul Proprietatea (FP.RO), OMV Petrom (SNP.RO) and Transgaz (TGN.RO) leading the transfers’ chart by value.

Florentina Dragu · 09.12.2013 · 17:40 · 1 min
Isarescu: Raising Deficit, Not The Right Way To Support Economic Growth
Banks-Insurance

Isarescu: Raising Deficit, Not The Right Way To Support Economic Growth

Romania’s economy has been hit hard by the government’s fiscal consolidation program and by the deleveraging process of foreign banks, but raising the public deficit is not the right strateg...

Florentina Dragu · 09.12.2013 · 17:21 · 1 min
Leu Ends Flat Vs Euro In Quiet Session
Capital Market

Leu Ends Flat Vs Euro In Quiet Session

Romania’s leu showed little movement against the euro in thin volumes Monday and finished the session flat at 4.451/4.453 to the euro, amid a quiet market.

Florentina Dragu · 09.12.2013 · 17:13 · 1 min
ANOFM: Romania Jobless Rate Inches Higher In November
Social/Politics

ANOFM: Romania Jobless Rate Inches Higher In November

Romania's unemployment rate edged up to 5.6% in November, from 5.4% a month earlier, the country’s employment agency ANOFM said Monday.

Florentina Dragu · 09.12.2013 · 16:26 · 1 min