Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Mechel Campia Turzii 1Q Loss Narrows But Revenue Sinks
Romanian steel company Mechel Campia Turzii (INSI.RO) Friday reported its first-quarter net loss stood at 18.8 million lei (EUR4.3 million), versus RON22.8 million in the year-earlier period...
Bucharest Stocks End Down; Focus On Petrom and Proprietatea Fund
The Bucharest stock market fell Friday, with both OMV Petrom (SNP.RO) and Fondul Proprietatea (FP.RO) dropping close to 1%, after the investment fund sold about 1% in the oil company.
Banca Transilvania, Transelectrica Lift Bucharest Stock Market
The Bucharest stock market cooled its advance by closing time Thursday, and the BET index ended up 0.81%, carried by Banca Transilvania (TLV.RO) and Transelectrica (TEL.RO).
Bucharest Stocks Gain In Early Trade, Banca Transilvania Rises 5%
The Romanian stock exchange rose Thursday morning, unlike the main European markets which were mostly undecided in early trade, with Banca Transilvania (TLV.RO) giving a strong push to Bucha...
Bucharest Stocks Rise In Early Trade, Fondul Proprietatea Propels Traded Value
The Bucharest stock exchange was up 1% in early trade Wednesday, but OMV Petrom (SNP.RO) was among the very few stocks falling in red territory, after yesterday’s announcement of a 4% fall i...
Leu Trades Above 4.33 Vs Euro In Apathetic Market
The Romanian leu was stable against the euro Wednesday morning, trading slightly above 4.33 units, in an apathetic market, dealers said.
Transelectrica’s Net Profit Doubles In 1Q To RON92M
Romanian power grid operator Transelectrica (TEL.RO) Wednesday reported a first-quarter net profit of 91.75 million lei (EUR20.9 million), more than double compared with RON45 million in the...
Romania's Economy Grows 0.5% In First Quarter
Romania’s gross domestic product expanded 0.5% in the first quarter, after an increase of 0.4% in the previous three months, a flash estimate of the country’s statistics institute showed Wed...
Bucharest Bourse Closes Undecided, Financial Stocks Dominate Trading
The Bucharest bourse closed mixed Tuesday, in a session where only financial stocks gathered some attention from investors in an otherwise quiet trading.
Leu Stays Near 4.32 Vs Euro In Early Trade
The Romanian leu traded in a narrow range, but still above 4.32 against the euro, in a quiet market Tuesday morning.
Romania Adjusted Industrial Output 0.3% Higher In March
Romanian adjusted industrial production inched 0.3% higher in March compared with a month earlier, mainly due to higher output in the energy sector, the country’s statistics institute INS sa...
OMV Petrom 1Q Net Profit Down 4% To RON1.33B
Romania's largest oil company OMV Petrom (SNP.RO) Tuesday reported a first-quarter net profit of 1.33 billion lei (EUR308 million), down 4% on the year, as sales declined.