Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Moody's: Romania's Rating Depends On New Government Policy And Its Ability To Implement It
The policy priorities of Romania’s new administration once it assumes office and the ability to implement these priorities over the next several months are the main issues to follow in the c...
Leu Stays Around 4.53 Vs Euro, Unmoved By Election Results
The Romanian leu stayed around 4.53 versus the euro in the first hour of trading Monday, in an apathetic market, as investors did not react to the election results, dealers said.
Bucharest Stocks End Down, On Lackluster Trading
The Bucharest stock exchange opened down Friday, after staying in red for the whole session, and the traded values remained reduced, the lowest in two weeks.
Leu Rises Vs Euro At Opening, Eases Gains Later
The Romanian leu rose against the euro after the first trades Friday morning, but it later erased much of its advance, in line with the other currencies in the region.
SIF Oltenia, Franklin Templeton Buy Stakes In OMV Petrom
SIF Oltenia (SIF5.RO) and funds managed by Franklin Templeton, administrator of Fondul Proprietatea (FP.RO), bought Wednesday shares in Romanian leading oil and gas company OMV Petrom (SNP.R...
Leu Rises Vs Euro On Increased Volumes
The Romanian leu gained around 0.4% against the euro in early trade Thursday, on increased volumes, with dealers putting the local currency’s appreciation on high euro sale orders placed by...
Leu Falls Vs Euro On Low Transferred Volumes
The Romanian leu lost ground against the euro Wednesday morning, trading above 4.51 units, in a quiet market, dealers said.
OMV Petrom Invests EUR26M In New Fuel Terminal
Romanian OMV Petrom (SNP.RO), the largest oil and gas company in Southeastern Europe, opened Tuesday a fuel terminal in Isalnita, some 240 km west of Bucharest, following a EUR26 million gre...
BNR: Romania Private Lending Down 0.6% To RON230.1B In October
Romanian private lending fell 0.6% in real terms to 230.1 billion lei (EUR50.8 billion) in October, from RON230.8 billion a month earlier, central bank data showed Monday.
Leu Trades Around 4.53 Vs Euro In Quiet Market
The Romanian leu traded around 4.53 against the euro in early trade Monday, in a quiet market with low transferred volumes.
Leu Trades Above 4.535 Vs Euro In Quiet Market
The Romanian leu fell slightly against the euro in early trade Friday, on low transferred volumes, dealers said.
OMV Plans Retail Network Cutbacks In Several Countries, Including Romania
Austrian oil and gas group OMV, the majority shareholder of Romania’s largest company OMV Petrom (SNP.RO), will cut its retail network in several countries, including Romania, over the next...