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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Piraeus Bank Romania Adds 11,000 Of ATE Bank’s Customers To Its Portfolio
Banks-Insurance

Piraeus Bank Romania Adds 11,000 Of ATE Bank’s Customers To Its Portfolio

About 11,000 of ATE Bank Romania’s customers will be transferred to the portfolio of Piraeus Bank Romania between November 30 and December 1, Piraeus Bank said in a statement Tuesday.

Florentina Dragu · 26.11.2013 · 15:44 · 1 min
China To Invest EUR5B In Romanian Energy Projects - Minister
Energy

China To Invest EUR5B In Romanian Energy Projects - Minister

Romania’s minister-delegate for Energy Constantin Nita said Tuesday that Chinese investors have pledged total financing worth EUR5 billion for local energy projects.

Florentina Dragu · 26.11.2013 · 15:22 · 1 min
Scandia Food Borrows EUR22M From Banca Transilvania To Finance Investments
Banks-Insurance

Scandia Food Borrows EUR22M From Banca Transilvania To Finance Investments

Romanian canned meat producer Scandia Food has borrowed EUR22 million from local lender Banca Transilvania (TLV.RO) to upgrade equipment and finance new investment, the company said Tuesday.

Florentina Dragu · 26.11.2013 · 14:22 · 1 min
Leu In Ranges Vs Euro, Exchange Rate At 4.4438
Capital Market

Leu In Ranges Vs Euro, Exchange Rate At 4.4438

The Romanian leu traded in narrow ranges against the euro in the first half of Tuesday’s session and the central bank set a reference rate for the local currency of 4.4438 units, slightly st...

Florentina Dragu · 26.11.2013 · 13:35 · 1 min
Romania Invites Chinese Investors To Buy Its Bonds
Macroeconomics

Romania Invites Chinese Investors To Buy Its Bonds

Romania’s Budget Minister Liviu Voinea on Tuesday urged investors attending a China-CEE summit to purchase government bonds, citing the country’s low public debt level and attractive yields.

Florentina Dragu · 26.11.2013 · 13:25 · 1 min
China Looking To Spend Up To $10B On Infrastructure, Energy Projects In CEE
Macroeconomics

China Looking To Spend Up To $10B On Infrastructure, Energy Projects In CEE

China is ready to explore with European Union countries various ways to use a special $10 billion financing line to support infrastructure and energy projects in central and eastern Europe,...

Florentina Dragu · 26.11.2013 · 13:04 · 1 min
Banks-Insurance

Romania Private Lending Falls To RON221B In October

Romanian private lending fell 1.2% in real terms to 221.02 billion lei (EUR49.72 billion) in October, from RON223.1 billion a month earlier, central bank data showed Tuesday.

Florentina Dragu · 26.11.2013 · 12:30 · 1 min
Romania Budget Deficit Narrows To RON7.6B In January-October
Macroeconomics

Romania Budget Deficit Narrows To RON7.6B In January-October

Romania’s consolidated budget posted a deficit of 7.6 billion lei (EUR1.7 billion) in the first 10 months of 2013, equal to 1.21% of the gross domestic product, Finance Ministry data showed...

Florentina Dragu · 25.11.2013 · 20:13 · 1 min
Leu Gains Modestly Vs Euro In Quiet Market
Capital Market

Leu Gains Modestly Vs Euro In Quiet Market

Romania’s leu advanced modestly against the euro in thin volumes Monday, amid reduced interest from investors.

Florentina Dragu · 25.11.2013 · 16:50 · 1 min
Banks-Insurance

Romania Sells RON600M 10-Year Bonds At 4.52% Average Yield

Romania’s Finance Ministry on Monday raised a planned 600 million lei (about EUR135 million) in a reopening of its 10-year bond due June 2017, at an average yield of 4.52% a year, lower than...

Florentina Dragu · 25.11.2013 · 15:07 · 1 min
Enel Green Power Connects 10MW Solar Farm To Romania’s Grid
Energy

Enel Green Power Connects 10MW Solar Farm To Romania’s Grid

Enel Green Power, a unit of Italy’s utility Enel, Monday said its 10-megawatt Podari photovoltaic plant in southwest Romania has been connected to the country’s power grid.

Florentina Dragu · 25.11.2013 · 14:56 · 1 min
Leu Slightly Up Vs Euro, Exchange Rate At 4.4447
Capital Market

Leu Slightly Up Vs Euro, Exchange Rate At 4.4447

The Romanian leu edged higher against the euro by midday Monday and the central bank’s reference strengthened to 4.4447 units, from 4.4521 units in the previous session.

Florentina Dragu · 25.11.2013 · 13:18 · 1 min