Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Negritoiu, ING: Clients With More Than EUR100,000 In A Bank Are Investors, Not Depositors
Clients who hold deposits of over EUR100,000 are more likely to be investors than simple depositors, and they should have been aware of the risks they were taking when investing in Cypriot b...
Shoe Retailer Benvenuti: March Was Slowest Month In 19 Years
March was the slowest month in nineteen years since Dan Pavel, founder and majority shareholder of footwear and accessories retailer Benvenuti started out in the retail business.
Romgaz Needs To Expand Operations In Black Sea - Energy Minister
Romgaz, Romania’s largest natural gas producer, has to expand its operations in the Black Sea by getting involved in new exploration lease deals, the country’s energy minister Constantin Nit...
Average Salary Slightly Higher in February
Romanian average net salary rose 0.3% to 1,553 lei (EUR351) in February from RON1,548 a month earlier, the statistics institute INS said Thursday.
Analysts Say Economy Will Rise In 1Q, Businesspeople Are Pessimistic
Analysts believe the Romanian economy will remain on the rise in the first quarter of this year and keep their estimates for 2013 gross domestic product, but signals from the economy are les...
Average Yield Of SIFs In Four Years: 240%
The shares of the five regional investment funds (SIF) have generated a 240% average yield in the last four years, considering both the increase in shares’ price and the dividends paid.
Romania Aims To Sell 15% in Transgaz For Up To RON400M
The Romanian Finance Ministry on Thursday will launch a public offering to sell 15% in natural gas transmission company Transgaz (TGN.RO) at a price between 171 lei (EUR39) and RON230 (EUR52...
Romania Economy Grew Better Than Expected At 0.7% In 2012
Romania’s economy grew at a faster 0.7% than previously estimated in 2012, reflecting a smaller negative impact from industry and a positive contribution of the retail sector, revised data f...
Bank Of Cyprus Romania Put Up For Sale. First Bidder: Banca Transilvania
Banca Transilvania (TLV.RO) has placed a non-binding bid to buy the operations of the Romanian branch of Bank of Cyprus, market sources told ZF.
Elliott Wants Easier Way To Replace Fondul Proprietatea Manager
US hedge fund Elliott Associates, which has invested about EUR250 million in 17% of Romanian investment fund Fondul Proprietatea (FP.RO) over the last three years, is asking for a simpler pr...
Bucharest Stocks Open Flat In Dull Trading
The Bucharest stocks were flat in early trade Monday, lacking a clear direction and volumes, as foreign markets are closed for the Catholic Easter holidays.
Leu Slightly Up Vs Euro, On Low Volumes
The Romanian leu strengthened slightly against the euro on Monday, on very low traded volumes, as foreign markets are closed for the Catholic Easter holidays.