Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Weekly Export Risk Outlook, May 20
Both Russia and Ukraine are in recession after the first-quarter GDP readings, while most of Europe is now recovering, Euler Hermes noted in this week's Export Risk Outlook report.
OMV Petrom Contracts EUR1B Revolving Credit Line
Romania’s leading oil and gas producer OMV Petrom (SNP.RO) contracted a multi-currency credit line of 1 billion euros from a syndicate of 17 banks, the company said Thursday.
IMF Helped Romania Develop Consistent Policies, Isarescu Says
The International Monetary Fund helped Romania develop a mix of “consistent” policies, working as an aggregator between different institutions, central bank governor Mugur Isarescu said Wedn...
Romania Sells RON400M Of 12-Month T-Bills At 1.39% Average Yield
Romania’s Finance Ministry Monday sold a planned 400 million lei (EUR90 million) in 12-month treasury bills, with the average yield falling to 1.39%.
OMV Petrom Net Profit Falls 68% In First Quarter
Romania’s leading oil and gas company OMV Petrom (SNP.RO) Monday reported a 68% drop in its net profit for the first quarter, as sales were impacted by lower oil prices.
Ropharma Posts 15% Increase In 1Q Net Profit
Romanian pharmaceutical company Ropharma (RPH.RO) posted a 15% rise in its first-quarter net profit, fueled by a similar increase in operating income.
Biofarm Reports 37% Higher Net Profit in 1Q
Romanian medicine producer Biofarm (BIO.RO) reported a net profit of 13.6 million lei (EUR3 million) for the first quarter, up 37.3% from the year earlier period, on higher sales.
Zentiva Romania Sees Lower Profit In First Quarter
Zentiva Bucharest (SCD.RO), a unit of France’s pharmaceutical group Sanofi, reported net profit of 12 million lei (EUR2.7 million) for the first quarter of 2015, down 15.5% compared with RON...
Antibiotice 1Q Net Profit Up 15% To RON6M
Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) reported a net profit of 6 million lei (EUR1.4 million) for the first quarter, up 15% on the year, the company said in a statement Frid...
Transelectrica 1Q Profit Falls, On Higher Costs
Romanian state-run power grid operator Transelectrica (TEL.RO) Friday reported a 7.4% drop in its first-quarter net profit, following a spike in operating costs.
Foreign Investment In Romania Up To EUR885M In First Quarter
Romanian foreign direct investment, or FDI, rose to 885 million euros in January to March, from EUR570 million in the same period of 2014, data from the central bank showed Friday.
Romania Current Account Posts EUR406M Surplus In 1Q
Romania's current account balance posted a surplus of 406 million euros after the first quarter, up from EUR285 million at the end of February, central bank data showed Friday.