Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
OMV Has Great Expectations From Black Sea Concessions
Austrian oil and gas group OMV, the majority shareholder of Romania’s largest company OMV Petrom (SNP.RO), has great expectations from the blocks it prospects in the Black Sea, according to...
Leu Trades Above 4.53 Vs Euro, In Quiet Market
The Romanian leu traded slightly above 4.53 against the euro Wednesday morning, in a quiet market with low transferred volumes.
Bucharest Stocks Open Up 0.5%, But Traded Values Stay Low
The Bucharest stock exchange was gaining around 0.5% in early trade Monday, with investment companies rising even higher, but traded values remained reduced.
Leu Trades In Ranges Vs Euro, In Quiet Market
The Romanian leu stayed above 4.53 against the euro in early trade Monday, in a quiet market with low transferred volumes.
Leu Trades In Ranges Vs Euro On Low Volumes
The Romanian leu traded below 4.54 against the euro in early trade Friday, on low transferred volumes, with dealers saying fears of another central bank intervention will keep the local curr...
Titan Swings Into Loss After Sales Drop
Romanian milling and bakery company Titan (MPN.RO) Thursday reported a loss of 4.8 million lei (EUR1.1 million) for the first nine months, from a net profit of RON8.2 million in the same per...
Armax Gaz 9-Month Profit Sinks On Lower Sales
Romanian oil and gas equipment prtoducer Armax Gaz Medias (ARAX.RO) Thursday reported gross profit of around 544,000 lei (EUR120,000) in January to September, much lower than RON2.8 million...
Carpatica Posts Net Profit Of RON12M In Jan-Sep
Romanian lender Banca Comerciala Carpatica (BCC.RO) posted net profit of 12 million lei (EUR2.7 million) in the first nine months, close to the level estimated for the full-year result, the...
Dafora’s Net Loss Widens After First Nine Months
Romanian construction and oil drilling company Dafora Medias (DAFR.RO) Wednesday reported a net loss of 11.94 million lei (EUR2.6 million) for the first nine months, wider than RON7.1 millio...
Transelectrica Posts 9-Month Net Profit Of RON19.2M, Down 87.5% On Year
Romanian state-run power grid operator Transelectrica (TEL.RO) Wednesday reported a net profit of 19.2 million lei (EUR4.2 million) for the first nine months, 87.5% lower than in the year-ea...
Bucharest Stocks Open Down, Transgaz Falls 2%
The Bucharest stock exchange opened on a downward trend Tuesday, with Transgaz (TGN.RO) spearheading the losses with a 2% drop.
Romania Plans EUR150M Bond Issue On Local Market Friday
Romania’s Finance Ministry plans to attract EUR150 million from the local market by reopening a May 2014 euro-denominated bond, which carries a 4.5% coupon, according to an announcement post...