Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Romania Forex Reserves Rise To EUR32.2B In February
Romanian foreign exchange reserves rose to EUR32.17 billion in February, from EUR31.46 billion a month earlier, central bank data showed Friday.
Romania To Alter Renewable Energy Support - Minister
Romania will change the renewable power regulations regarding the number of certificates granted for green energy, the country’s energy minister said Thursday.
Erste Back In Black With EUR483.5M Net Profit In 2012
Austria’s Erste Group Bank (EBS.RO) Thursday reported a net profit after minorities of 483.5 million euro in 2012, versus a loss of EUR718.9 million in the previous year, as the group’s risk...
BCR Swings To Net Loss Of RON1.2B in 2012
Romania’s leading bank BCR, a unit of Austria’s Erste Group Bank (EBS.RO), Thursday reported a net loss of 1.2 billion lei (EUR277 million), as higher risk costs negated an otherwise good op...
Leu Weakens Slightly Vs Euro On Low Volumes
The Romanian leu weakened slightly against the euro Wednesday morning, while the traded volumes were very low.
Transelectrica 2012 Net Profit Down 76% to RON27M
Romanian state-owned power grid operator Transelectrica (TEL.RO) Friday said its net profit fell 76% in 2012, as electricity volumes were down almost 4% compared with the previous year.
Leu Slightly Down Vs Euro In Quiet Trade
The Romanian leu weakened slightly against the euro on Friday morning, in a quiet market with low transferred volumes.
Fondul Proprietatea To Pay Gross Dividend Of RON0.0408/Share
Romanian investment fund Fondul Proprietatea (FP.RO) Thursday proposed a gross dividend of 0.0408 lei (EUR0.009) per share, up 5.9% from the dividend paid last year.
BRD Posts RON332M Loss in 2012, On High Provisioning Costs
Romania’s second-largest bank BRD-Groupe Societe Generale (BRD.RO) posted a preliminary net loss of 332 million lei (EUR74.5 million) in 2012, after a 61.6% surge in risk costs due to advers...
Romania Central Bank Holds Key Rate At 5.25%
Romania’s central bank kept its key rate unchanged at 5.25% for the seventh consecutive meeting Tuesday, in line with expectations, despite a weakening economy.
Bucharest Stocks Open Higher, Traded Values Stays Low
The Bucharest stock exchange rose 0.4% in early trade Monday in a lethargic market, with only few shares gaining attention.
Leu Rises Vs Euro In Quiet Market
The Romanian leu traded higher against the euro on Monday morning, but dealers say the transferred volumes are low.