Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
OMV Petrom Seeks Secondary Listing in London
Shareholders of Romania’s largest public company OMV Petrom (SNP.RO) are called to vote on the secondary listing of the oil&gas producer’s shares in London.
Transelectrica Sees Net Profit Fall 7% In First Half
Romanian power grid operator Transelectrica (TEL.RO) reported a net profit of 210.4 million lei (EUR47.4 million) for the first half, 7% lower on the year, despite increase in operating reve...
Nuclearelectrica Has Currency Risk Weigh In On Its First-half Profit
Romania’s nuclear power producer Nuclearelectrica (SNN.RO) Friday posted a large decline in its first-half net profit as higher financial costs more than offset an increase of its operating...
Alro Switches To Profit in First Half On 25% Higher Sales
Romanian aluminum smelter company Alro (ALR.RO) Friday reported a net profit of 67.8 million lei (EUR15.3 million) for the first half of the year, versus a loss of RON128.7 million in the sa...
Electrica 1H Net Profit Rises 30%
Romanian electricity distribution and supply company Electrica (EL.RO) Friday said its net profit for the first half rose nearly 30% on the year on higher operating revenue and improved cost...
Romgaz 2Q Net Profit Down 22% On Low Gas Demand
Romania’s largest natural gas producer Romgaz (SNG.RO) Friday reported a 22.5% drop in its second-quarter net profit due to a decline in domestic gas demand.
Romania Economic Growth Slows Down In Second Quarter
Romania’s economic growth slowed down in the second quarter, with a first reading of the gross domestic product data coming much lower than analyst expectations.
Romania Sells RON300M 6-Month T-Bills At Record Low Yield
Romania’s Finance Ministry Thursday sold a planned 300 million lei (EUR68 million) in 6-month treasury bills, with the average yield falling to an all-time low of 1.08%.
Romania Current Account Posts EUR285M Deficit In First Six Months
Romania's current account balance posted deficit of 285 million euros after the first six months, compared with EUR863 million in the same period of 2014, central bank data showed Thursday.
Foreign Investment In Romania Up To EUR1.66B In First Half
Romanian foreign direct investment, or FDI, rose to 1.66 billion euros in the first six months, from EUR1.19 billion in the same period of 2014, data from the central bank showed Thursday.
Biofarm Net Profit Up 2% to RON15M In First Half
Romanian pharmaceutical producer Biofarm (BIO.RO) Thursday reported a first-half net profit of 15 million lei (EUR3.4 million), slightly up from RON14.7 million in the year-earlier period.
Transgaz 1H Net Profit Up 9% To RON321.5M
Romanian natural gas transmission company Transgaz (TGN.RO) Thursday reported a 9% in its net profit for the first half, mostly due to a significant reduction of expenditure.