Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Conpet 1Q Net Profit Rises 9% To RON12.4M
Romanian oil transport company Conpet Ploiesti (COTE.RO) Monday reported a 9% higher net profit in the first quarter, despite a slight revenue decline.
Rompetrol Rafinare 1Q Loss Narrows; Sales Fall 19%
Rompetrol Rafinare (RRC.RO), the refining arm of Romania’s second largest oil group Rompetrol, Monday reported its first quarter net loss narrowed despite lowering sales.
Bucharest Stocks Close on Rising Trend, Fondul Proprietatea Loses 3%
The Bucharest stock market ended Monday on a positive note, after staying in red in the first half of the session, but Fondul Proprietatea (FP.RO) and two other investment funds posted signi...
UniCredit Tiriac Bank 1Q Net Profit Up 166% To RON60M
UniCredit Tiriac Bank, the Romanian arm of Italy’s UniCredit, Friday said its first-quarter net profit rose 166.4% on the year to 60 million lei (EUR13.7 million) in the first quarter, on 16...
Bucharest Stocks Inch Higher, BRD Deal Lifts Turnover
The Bucharest stock market traded higher Thursday morning, after a hesitant start of the session, with a large deal with BRD-Groupe Societe Generale (BRD.RO) shares lifting the bourse’s turn...
Leu Falls Vs Euro On Increased Traded Volumes
The Romanian leu depreciated in early trade Thursday as euro purchase orders placed by corporate clients lifted the transferred volumes.
Bucharest Stocks End Flat in Lackluster Trade
The Bucharest stock market closed almost flat Friday, after a lackluster session, as many investors were absent due to the Easter holidays.
Leu Ends Near 4.3 Vs Euro On Improved Sentiment
The Romanian leu extended earlier gains against the euro in late trade Friday, nearing 4.3 units on average transferred volumes, dealers said.
Leu Exchange Rate Reaches 16-Month High At 4.3072 Vs Euro
The Romanian leu extended early gains against the euro by mid-trade Friday and the central bank’s reference strengthened to 4.3072 units, a 16-month high.
Isarescu Says Leu’s Appreciation Remarkable, Given Cyprus Crisis
The Romanian leu’s rise in recent weeks is remarkable taking in consideration the Cypriot banking crisis and problems at the local unit of Bank of Cyprus, central bank governor Mugur Isaresc...
Bucharest Stocks End Slightly Up, SIFs Fall
The Bucharest stock exchange closed slightly up Thursday, lifted by Transgaz (TGN.RO) and Banca Transilvania (TLV.RO), but the regional investment funds (SIFs) had disappointing evolutions.
Leu Returns To 4.32 Vs Euro, After Earlier Depreciation
The Romanian leu returned towards its opening level of 4.32 versus the euro in late trade Thursday, after a depreciation towards 4.34 units earlier, following the oher currencies in the regi...